Lake Stevens, WA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Lake Stevens, WA. Based on 10+ datapoints.
Lake Stevens, WA Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3%
Avg Cash on Cash
-15.2%
Median Cashflow
-$1,699/mo
Avg Rent Estimate
$3,097/mo
Avg Price
$689,030
Price Range
$547,400 - $946,300
Rent to Price
0.45%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Lake Stevens, WA
Lake Stevens, WA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Lake Stevens, WA is -$1,699 with average rents of $3,097/month. Properties range from $547,400 to $946,300, offering entry points across multiple investment budgets.
10626 25th Place NE, Lake Stevens, WA 98258
Price
$635,200
Rent
$2,887
CachFlow
-$1,699
CoC
-15.28
8630 19th Street SE, Lake Stevens, WA 98258
Price
$618,400
Rent
$2,790
CachFlow
-$1,611
CoC
-14.89
1109 S Davies Road, Lake Stevens, WA 98258
Price
$1,044,700
Rent
$3,782
CachFlow
-$3,209
CoC
-17.55
9125 15Th Place SE, Lake Stevens, WA 98258
Price
$547,400
Rent
$2,736
CachFlow
-$1,334
CoC
-13.93
Lake Stevens, WA Rental Market Insights
- •Median cashflow is -$1,699/month — careful deal selection is essential here
- •3% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Lake Stevens, WA requires selective property picks
- •Premium market with properties from $547,400 to $946,300
- •Consider this market if your strategy favors equity growth with rental income covering holding costs