Is Union Gap, WA a good place to invest in rental property?

Union Gap, WA has a median modeled monthly cash flow of $-482 and a median cap rate of 4.2%, on a median sold price of $292,500. Prices changed +21.0% year over year.

What is the average cap rate in Union Gap, WA?

The median cap rate across recently sold homes in Union Gap, WA is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Union Gap, WA?

The median sold price in Union Gap, WA is $292,500 (about $222 per square foot).

Investing in Union Gap, WA Real Estate

A data-driven snapshot of the Union Gap, WA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$292,500Median sold price

$222Median $/sqft

4.2%Median cap rate

$-482Modeled cash flow / mo

+21.0%Appreciation YoY

13.0Months of supply

52Active listings

48Sold (last 12 mo)

What the Union Gap numbers say

In Union Gap, WA, the median home sold for $292,500 (about $222 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-482 of monthly cash flow. Sold prices moved +21.0% over the past year. Inventory sits at about 13.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 4 fix-and-flip deals in Union Gap — listings where the estimated after-repair value beats list price + rehab.

Other Washington markets to compare

See Union Gap cash-flowing listings

CashFlowRE ranks every for-sale home in Union Gap, WA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Union Gap deals, or browse the national market data.