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
2.8%
Avg Cash on Cash
-17.2%
Median Cashflow
-$1,818/mo
Avg Rent Estimate
$3,123/mo
Avg Price
$787,930
Price Range
$441,700 - $1,185,000
Rent to Price
0.4%
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 2.8%, 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 -$1,818 with average rents of $3,123/month. Properties range from $441,700 to $1,185,000, offering entry points across multiple investment budgets.
12020 127th Avenue NE, Lake Stevens, WA 98258
Price
$967,200
Rent
$3,595
CachFlow
-$3,356
CoC
-19.83
1008 81st Drive SE, Lake Stevens, WA 98258
Price
$655,100
Rent
$3,199
CachFlow
-$1,742
CoC
-15.2
10828 115th Avenue NE, Lake Stevens, WA 98258
Price
$1,160,100
Rent
$3,276
CachFlow
-$4,606
CoC
-22.69
10108 3rd Place SE, Lake Stevens, WA 98258
Price
$633,100
Rent
$2,732
CachFlow
-$1,510
CoC
-13.63
Lake Stevens, WA Rental Market Insights
- •Median cashflow is -$1,818/month — careful deal selection is essential here
- •2.8% 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 $441,700 to $1,185,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs