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
-19.2%
Median Cashflow
-$3,296/mo
Avg Rent Estimate
$3,609/mo
Avg Price
$1,111,931
Price Range
$474,100 - $2,324,300
Rent to Price
0.32%
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 -$3,296 with average rents of $3,609/month. Properties range from $474,100 to $2,324,300, offering entry points across multiple investment budgets.
8409 24th Avenue NW, Gig Harbor, WA 98332
Price
$2,139,800
Rent
$3,010
CachFlow
-$9,929
CoC
-26.52
11002 Moller Drive NW, Gig Harbor, WA 98332
Price
$1,639,900
Rent
$5,050
CachFlow
-$6,199
CoC
-21.6
4406 74th Ave Ct NW, Gig Harbor, WA 98335
Price
$828,300
Rent
$3,266
CachFlow
-$2,602
CoC
-17.95
15711 28th Avenue NW, Gig Harbor, WA 98332
Price
$1,207,300
Rent
$4,590
CachFlow
-$3,905
CoC
-18.48
5417 99th Avenue NW, Gig Harbor, WA 98335
Price
$1,071,600
Rent
$5,432
CachFlow
-$2,421
CoC
-12.91
Gig Harbor, WA Rental Market Insights
- •Median cashflow is -$3,296/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