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 20+ datapoints.
Gig Harbor, WA Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
2.4%
Avg Cash on Cash
-17.6%
Median Cashflow
-$2,331/mo
Avg Rent Estimate
$3,413/mo
Avg Price
$986,779
Price Range
$592,100 - $1,997,500
Rent to Price
0.35%
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 2.4%, 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 20+ analyzed properties, the median monthly cashflow in Gig Harbor, WA is -$2,331 with average rents of $3,413/month. Properties range from $592,100 to $1,997,500, offering entry points across multiple investment budgets.
13423 100th Street NW, Gig Harbor, WA 98329
Price
$592,700
Rent
$2,909
CachFlow
-$1,397
CoC
-13.47
1203 115th Street Ct NW, Gig Harbor, WA 98332
Price
$1,272,700
Rent
$4,805
CachFlow
-$4,192
CoC
-18.82
5015 Fern Lane NW, Gig Harbor, WA 98335
Price
$1,308,200
Rent
$6,315
CachFlow
-$3,273
CoC
-14.3
4120 49th Avenue Ct NW, Gig Harbor, WA 98335
Price
$1,145,700
Rent
$4,084
CachFlow
-$3,707
CoC
-18.49
3511 59th Street Ct, Gig Harbor, WA 98335
Price
$824,500
Rent
$2,569
CachFlow
-$2,895
CoC
-20.06
Gig Harbor, WA Rental Market Insights
- •Median cashflow is -$2,331/month — careful deal selection is essential here
- •2.4% 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 $1,997,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs