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
2.4%
Avg Cash on Cash
-19.2%
Median Cashflow
-$2,865/mo
Avg Rent Estimate
$3,607/mo
Avg Price
$1,096,719
Price Range
$474,100 - $2,324,300
Rent to Price
0.33%
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 30+ analyzed properties, the median monthly cashflow in Gig Harbor, WA is -$2,865 with average rents of $3,607/month. Properties range from $474,100 to $2,324,300, offering entry points across multiple investment budgets.
7710 71st Avenue NW, Gig Harbor, WA 98335
Price
$786,200
Rent
$3,114
CachFlow
-$2,500
CoC
-18.17
8818 30th Street Ct NW, Gig Harbor, WA 98335
Price
$1,625,800
Rent
$5,145
CachFlow
-$6,148
CoC
-21.61
10508 122nd Street NW, Gig Harbor, WA 98329
Price
$1,249,700
Rent
$3,139
CachFlow
-$4,668
CoC
-21.34
7203 35th Street NW, Gig Harbor, WA 98335
Price
$731,100
Rent
$3,211
CachFlow
-$2,064
CoC
-16.13
Gig Harbor, WA Rental Market Insights
- •Median cashflow is -$2,865/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