160 E Spruce StreetUnionWA98592
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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 160 E Spruce Street, Union, WA, 98592 priced at $499,000 pairs $2,053/mo rent with after a $2,442/mo payment. Total monthly income equals $2,053/mo. Return on cash invested is 13.04% in year one, and rental yield stands at 4.94% on a $499,000 basis. Equity gained on principal adds $3,220/yr, and 5% annual appreciation accumulates to $137,865 by year five. Five-year ROI measures 65.79% and total cumulative return in cash reaches $108,834. For financing, Ziffy Mortgage’s DSCR program evaluates $2,053/mo property income against a $2,442/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2024
0.53 Acres 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: Mary Shumaker • Paramount Real Estate Group
Mls Name: NWMLS
Mls ID: #2418103