Mount Vernon, WA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Mount Vernon, WA. Based on 10+ datapoints.
Mount Vernon, WA Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
2.6%
Avg Cash on Cash
-15%
Median Cashflow
-$1,881/mo
Avg Rent Estimate
$2,957/mo
Avg Price
$716,536
Price Range
$325,000 - $1,199,000
Rent to Price
0.41%
low ratio
Positive Cashflow
8%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Mount Vernon, WA
Mount Vernon, WA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 2.6%, 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 Mount Vernon, WA is -$1,881 with average rents of $2,957/month. Properties range from $325,000 to $1,199,000, offering entry points across multiple investment budgets.
423 S 32nd Place, Mount Vernon, WA 98274
Price
$689,500
Rent
$2,984
CachFlow
-$1,881
CoC
-15.59
4404 Landmark Drive, Mount Vernon, WA 98274
Price
$794,900
Rent
$3,100
CachFlow
-$2,066
CoC
-14.85
403 E Spruce Street, Mount Vernon, WA 98273
Price
$459,500
Rent
$2,909
CachFlow
-$670
CoC
-8.33
3403 Junco Place, Mount Vernon, WA 98274
Price
$825,000
Rent
$3,090
CachFlow
-$2,492
CoC
-17.26
1534 E Section Street, Mount Vernon, WA 98274
Price
$471,000
Rent
$2,540
CachFlow
-$960
CoC
-11.65
Mount Vernon, WA Rental Market Insights
- •Median cashflow is -$1,881/month — careful deal selection is essential here
- •2.6% median cap rate is typical of appreciation-focused markets
- •At 8% positive cashflow rate, Mount Vernon, WA requires selective property picks
- •Premium market with properties from $325,000 to $1,199,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs