33 E Michelle Ct, Union, WA, 98592 | 7.12% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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33 E Michelle Ct, Union, WA, 98592 | 7.12% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Union at 33 E Michelle Ct, Union, WA, 98592 generates $3,706/mo in rent, after a $3,059/mo payment. Total monthly income is $3,706/mo. Return on cash invested sits at 19.76% in year one, and rental yield is 7.12% on a $624,900 entry. Equity gained on principal adds $4,032/yr, while 5% annual appreciation builds toward $172,648 over five years. Five-year ROI reaches 101.81% and total cumulative return in cash sums $209,321. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,706/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Lot 126 Twanoh - Move-In Ready in Alderbrook This stunning new-construction home welcomes you to the popular Alderbrook community. Located in a quiet cul-de-sac backing onto the Wickiup community hub, this thoughtfully designed home offers exceptional value and move-in-ready convenience. Main Floor Living: The Twanoh floorplan maximizes comfort with the primary suite, gourmet kitchen, dining, great room, den, laundry area, and half bath-all on the main floor. The primary suite features a walk-in closet, dual sinks, a soaking tub, and a shower for a spa-like retreat. Second Floor: Two additional bedrooms, a full bath, and a versatile bonus nook perfect for a home office or craft space. Outdoor Living: The serene covered patio with built-in sunscreens creates an inviting year-round retreat. Thoughtfully upgraded landscaping includes decorative fence panels, perimeter trees, and screening for added privacy and appeal (over $5,500 in upgrades included). Quality Features: High-end finishes throughout, including quartz/granite countertops, premium Moen fixtures, elegant laminate flooring, skylights, a fireplace, solid-core doors, designer lighting. Another bonus is the spacious and thoughtfully finished 2-car garage that boasts painted walls and an epoxied floor-perfect for vehicles, storage, and everything in between. Community Amenities: Enjoy tennis, pickleball, basketball, bocce courts, a playground, an off-leash dog area, and a community garden. Nearby Alderbrook Golf C

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