REI Lense

REI Lense

Gig Harbor, WA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Gig Harbor, WA. Based on 40+ datapoints.

Gig Harbor, WA Long-Term Rental Investment Snapshot

Based on 40+ long-term rental datapoints

Median Cap Rate

2.2%

Avg Cash on Cash

-18.7%

Median Cashflow

-$3,273/mo

Avg Rent Estimate

$3,507/mo

Avg Price

$1,063,432

Price Range

$474,100 - $2,324,300

Rent to Price

0.33%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Gig Harbor, WA

Gig Harbor, WA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 2.2%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 40+ analyzed properties, the median monthly cashflow in Gig Harbor, WA is -$3,273 with average rents of $3,507/month. Properties range from $474,100 to $2,324,300, offering entry points across multiple investment budgets.

4012 83rd Avenue Ct NW, Gig Harbor, WA 98335

Price

$735,000

Rent

$2,907

CachFlow

-$2,321

CoC

-18.04

Full Analysis

4320 Shore Drive NW, Gig Harbor, WA 98335

Price

$1,084,400

Rent

$2,706

CachFlow

-$4,293

CoC

-22.62

Full Analysis

5014 Willow Lane NW, Gig Harbor, WA 98335

Price

$740,500

Rent

$3,288

CachFlow

-$2,078

CoC

-16.04

Full Analysis

10516 36th Street Ct NW, Gig Harbor, WA 98335

Price

$1,155,700

Rent

$4,097

CachFlow

-$3,860

CoC

-19.09

Full Analysis

2909 144th Street NW, Gig Harbor, WA 98332

Price

$885,000

Rent

$2,563

CachFlow

-$2,865

CoC

-18.5

Full Analysis
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Gig Harbor, WA Rental Market Insights

  • Median cashflow is -$3,273/month — careful deal selection is essential here
  • 2.2% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Gig Harbor, WA requires selective property picks
  • Premium market with properties from $474,100 to $2,324,300
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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