








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Union at 280 E Spruce Street, Union, WA, 98592 uses $186,313 cash to close to unlock $6,335/yr annual cash flow and $528/mo monthly cash flow. Total monthly income runs $3,937/mo, and a $2,772/mo payment keeps the spread at $528/mo. Purchase price stands at $566,300, and rental yield measures 8.34% with $3,937/mo rent. Return on cash invested shows 23.46% in year one, and 5% annual appreciation builds toward $156,458 over five years. Five-year ROI reaches 121.62% and total cumulative return in cash records $226,599. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,937/mo property income covering a $2,772/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98592, Union, WA area.
| 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 |
Residential
880
Single Family
880
Multi-Family
0
Businesses
64
Date | Event | Price |
|---|---|---|
| 2025-07-30 | Sold | $566,300 |
| 2025-07-06 | Pending sale | $598,950 |
| 2025-06-20 | Listed for sale | $598,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-04 | $4813.35 | 8.71% | $697,480 | 11.67% |
| 2023-11-04 | $4427.84 | -1.16% | $624,610 | 34.75% |
| 2022-11-04 | $4479.61 | 5.50% | $463,545 | 17.98% |



Listed by: Maura Lindsay • Windermere Real Estate Co.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2393809
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-03 20:59:26 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)