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
2.4%
Avg Cash on Cash
-18.2%
Median Cashflow
-$2,506/mo
Avg Rent Estimate
$3,488/mo
Avg Price
$1,035,900
Price Range
$474,100 - $2,324,300
Rent to Price
0.34%
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 40+ analyzed properties, the median monthly cashflow in Gig Harbor, WA is -$2,506 with average rents of $3,488/month. Properties range from $474,100 to $2,324,300, offering entry points across multiple investment budgets.
1701 Weatherswood Drive NW, Gig Harbor, WA 98335
Price
$1,471,200
Rent
$3,423
CachFlow
-$6,358
CoC
-24.7
3810 Forest Beach Drive NW, Gig Harbor, WA 98335
Price
$2,094,300
Rent
$5,144
CachFlow
-$8,707
CoC
-23.76
11910 55th Avenue Ct NW, Gig Harbor, WA 98332
Price
$1,043,600
Rent
$3,765
CachFlow
-$3,743
CoC
-20.49
5518 35th Street NW, Gig Harbor, WA 98335
Price
$1,347,300
Rent
$4,958
CachFlow
-$4,269
CoC
-18.11
7126 80th Street NW, Gig Harbor, WA 98335
Price
$697,500
Rent
$2,292
CachFlow
-$2,457
CoC
-20.13
Gig Harbor, WA Rental Market Insights
- •Median cashflow is -$2,506/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 $474,100 to $2,324,300
- •Consider this market if your strategy favors equity growth with rental income covering holding costs