Lake Tapps, WA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Lake Tapps, WA. Based on 10+ datapoints.
Lake Tapps, WA Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
2.1%
Avg Cash on Cash
-19.9%
Median Cashflow
-$3,830/mo
Avg Rent Estimate
$3,150/mo
Avg Price
$1,128,980
Price Range
$572,800 - $1,907,100
Rent to Price
0.28%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Lake Tapps, WA
Lake Tapps, WA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 2.1%, 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 Tapps, WA is -$3,830 with average rents of $3,150/month. Properties range from $572,800 to $1,907,100, offering entry points across multiple investment budgets.
21417 Snag Island Drive E, Lake Tapps, WA 98391
Price
$1,907,100
Rent
$3,059
CachFlow
-$9,731
CoC
-29.16
1708 210th Avenue E, Lake Tapps, WA 98391
Price
$1,444,500
Rent
$2,932
CachFlow
-$5,631
CoC
-22.28
16603 35th Street Ct E, Lake Tapps, WA 98391
Price
$657,700
Rent
$3,583
CachFlow
-$1,115
CoC
-9.69
4815 West Tapps Dr East, Lake Tapps, WA 98391
Price
$729,400
Rent
$3,489
CachFlow
-$1,913
CoC
-14.99
19002 63rd Street E, Lake Tapps, WA 98391
Price
$572,800
Rent
$2,880
CachFlow
-$1,363
CoC
-13.6
Lake Tapps, WA Rental Market Insights
- •Median cashflow is -$3,830/month — careful deal selection is essential here
- •2.1% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Lake Tapps, WA requires selective property picks
- •Premium market with properties from $572,800 to $1,907,100
- •Consider this market if your strategy favors equity growth with rental income covering holding costs