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 10+ datapoints.
Gig Harbor, WA Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
2.6%
Avg Cash on Cash
-16.8%
Median Cashflow
-$2,087/mo
Avg Rent Estimate
$3,329/mo
Avg Price
$879,917
Price Range
$592,100 - $1,401,000
Rent to Price
0.38%
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 2.6%, 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 10+ analyzed properties, the median monthly cashflow in Gig Harbor, WA is -$2,087 with average rents of $3,329/month. Properties range from $592,100 to $1,401,000, offering entry points across multiple investment budgets.
6217 76th Ave. Ct. NW, Gig Harbor, WA 98335
Price
$1,113,400
Rent
$4,176
CachFlow
-$3,328
CoC
-17.08
10519 Powell Dr. NW, Gig Harbor, WA 98335
Price
$1,157,500
Rent
$2,981
CachFlow
-$4,602
CoC
-22.72
3715 122nd Street Ct NW, Gig Harbor, WA 98332
Price
$640,000
Rent
$2,966
CachFlow
-$1,613
CoC
-14.4
10420 65th Avenue Ct NW, Gig Harbor, WA 98332
Price
$2,531,700
Rent
$6,362
CachFlow
-$9,716
CoC
-21.93
Gig Harbor, WA Rental Market Insights
- •Median cashflow is -$2,087/month — careful deal selection is essential here
- •2.6% 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 $592,100 to $1,401,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs