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 30+ datapoints.

Gig Harbor, WA Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

2.2%

Avg Cash on Cash

-20.2%

Median Cashflow

-$3,221/mo

Avg Rent Estimate

$3,634/mo

Avg Price

$1,194,531

Price Range

$636,000 - $2,630,600

Rent to Price

0.3%

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 30+ analyzed properties, the median monthly cashflow in Gig Harbor, WA is -$3,221 with average rents of $3,634/month. Properties range from $636,000 to $2,630,600, offering entry points across multiple investment budgets.

8812 86th Avenue NW, Gig Harbor, WA 98332

Price

$1,533,200

Rent

$3,673

CachFlow

-$7,038

CoC

-26.23

Full Analysis

2704 88th Street Ct NW, Gig Harbor, WA 98332

Price

$988,200

Rent

$3,537

CachFlow

-$3,784

CoC

-21.88

Full Analysis

7110 Marble Beach Road NW, Gig Harbor, WA 98332

Price

$2,047,500

Rent

$4,816

CachFlow

-$9,773

CoC

-27.28

Full Analysis

3905 Wollochet Drive NW, Gig Harbor, WA 98335

Price

$878,500

Rent

$3,248

CachFlow

-$3,221

CoC

-20.95

Full Analysis

2529 14th Ave NW, Gig Harbor, WA 98335

Price

$1,645,200

Rent

$4,130

CachFlow

-$7,256

CoC

-25.2

Full Analysis
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Gig Harbor, WA Rental Market Insights

  • Median cashflow is -$3,221/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 $636,000 to $2,630,600
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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