370 E Laurel Park, Union, WA, 98592 | 5.61% Rental Yield

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Price: $300K - 500K

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370 E Laurel Park, Union, WA, 98592 | 5.61% 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 370 E Laurel Park, Union, WA, 98592 offers $3,550/mo rent that, after a $3,715/mo payment. Total monthly income is $3,550/mo. Return on cash invested measures 15.19% in year one, and rental yield stands at 5.61% at a $759,000 entry. Equity gained on principal adds $4,898/yr while 5% annual appreciation compounds into $209,698 by year five. Five-year ROI records 77.3% and total cumulative return in cash reaches $193,019. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,550/mo property income versus a $3,715/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

0.53 Acres lot

$N/A/sqft

No HOA

More details about the property

The Madison invites you in with its warm and thoughtfully designed layout, where primary living is all on the main floor. You'll find a spacious primary suite and a beautifully appointed kitchen featuring a central island that flows effortlessly into the inviting dining and living areas, creating a cozy space to gather and unwind. A charming GoodFit home design by Ross Chapin Architects, every detail is crafted with comfort and style in mind. A convenient guest half-bathroom adds a touch of gracious hospitality, making this home perfect for everyday living and special moments. Upstairs, you'll discover two charming bedrooms, each with its own walk-in closet and a shared three-quarters bath-offering the ideal balance of privacy and togetherness. Natural light abounds on the second floor from the skylights. The kitchen and bathrooms feature elegant quartz or granite countertops with high-quality Moen fixtures. Thoughtfully designed built-ins, including a reading nook, offer effortless convenience and charm. Practical touches include a dedicated laundry room with cabinets for storage and a 2-car garage with a driveway apron for added convenience.

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