121 E Fir Tree LaneUnionWA98592
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Union at 121 E Fir Tree Lane, Union, WA, 98592 offers $3,368/mo rent that, after a $2,873/mo payment. Total monthly income is $3,368/mo. Return on cash invested measures 19.06% in year one, and rental yield stands at 6.89% at a $587,000 entry. Equity gained on principal adds $3,788/yr while 5% annual appreciation compounds into $162,177 by year five. Five-year ROI records 98.04% and total cumulative return in cash reaches $189,346. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,368/mo property income versus a $2,873/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98592, Union, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,388 (100%) |
| Owner Occupied HU | 908 (65.4%) |
| Renter Occupied HU | 106 ( 7.6%) |
| Vacant Housing Units | 374 (26.9%) |
| Median Home Value | $553,763 |
| Average Home Value | $518,530 |
Housing Distribution
Address Breakdown
Residential
880
Single Family
880
Multi-Family
0
Businesses
64
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Listed by: Cari Shumaker • Paramount Real Estate Group
Mls Name: NWMLS
Mls ID: #2475658