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REI Lense

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

Full Analysis

8630 19th Street SE, Lake Stevens, WA 98258

Price

$618,400

Rent

$2,790

CachFlow

-$1,611

CoC

-14.89

Full Analysis

1109 S Davies Road, Lake Stevens, WA 98258

Price

$1,044,700

Rent

$3,782

CachFlow

-$3,209

CoC

-17.55

Full Analysis

9125 15Th Place SE, Lake Stevens, WA 98258

Price

$547,400

Rent

$2,736

CachFlow

-$1,334

CoC

-13.93

Full Analysis

6624 123rd Ave NE, Lake stevens, WA 98258

Price

$83,600

Rent

$2,646

CachFlow

$1,445

CoC

98.77

Full Analysis
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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

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