REI Lense

REI Lense

Gig Harbor, WA Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Gig Harbor, WA. Based on 10+ datapoints.

Gig Harbor, WA Short-Term Rental / Airbnb Investment Snapshot

Based on 10+ short-term rental / airbnb datapoints

Median Cap Rate

1%

Avg Cash on Cash

-21.8%

Median Cashflow

-$4,225/mo

Avg Rent Estimate

$4,114/mo

Avg Price

$1,162,062

Price Range

$584,800 - $2,324,300

Rent to Price

0.35%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Gig Harbor, WA

Gig Harbor, WA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 1%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.

Across 10+ analyzed properties, Gig Harbor, WA STR investments show a median monthly cashflow of -$4,225 with an average estimated nightly-rate-adjusted revenue of $4,114/month. These figures reflect real property data, not projections.

10508 122nd Street NW, Gig Harbor, WA 98329

Price

$1,249,700

Rent

$2,602

CachFlow

-$5,637

CoC

-24.12

Full Analysis

11003 64th NW Avenue NW, Gig Harbor, WA 98332

Price

$921,400

Rent

$2,380

CachFlow

-$4,501

CoC

-25.54

Full Analysis

8409 24th Avenue NW, Gig Harbor, WA 98332

Price

$2,139,800

Rent

$5,732

CachFlow

-$9,176

CoC

-23.56

Full Analysis

5417 99th Avenue NW, Gig Harbor, WA 98335

Price

$1,071,600

Rent

$4,259

CachFlow

-$4,225

CoC

-20.86

Full Analysis

4320 Shore Drive NW, Gig Harbor, WA 98335

Price

$1,084,400

Rent

$4,079

CachFlow

-$4,175

CoC

-20.39

Full Analysis
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Gig Harbor, WA Airbnb Market Insights

  • Median cashflow is -$4,225/month — careful deal selection is essential here
  • 1% 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 $584,800 to $2,324,300
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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