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 20+ datapoints.
Mount Vernon, WA Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
2.7%
Avg Cash on Cash
-15.6%
Median Cashflow
-$1,800/mo
Avg Rent Estimate
$2,971/mo
Avg Price
$710,652
Price Range
$325,000 - $1,199,000
Rent to Price
0.42%
low ratio
Positive Cashflow
4%
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 2.7%, 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 20+ analyzed properties, the median monthly cashflow in Mount Vernon, WA is -$1,800 with average rents of $2,971/month. Properties range from $325,000 to $1,199,000, offering entry points across multiple investment budgets.
1759 Grand Avenue, Mount Vernon, WA 98274
Price
$649,100
Rent
$3,005
CachFlow
-$2,010
CoC
-17.69
801 N Waugh Road, Mount Vernon, WA 98273
Price
$714,200
Rent
$3,551
CachFlow
-$1,718
CoC
-13.75
15490 State Route 9, Mount Vernon, WA 98274
Price
$471,800
Rent
$2,891
CachFlow
-$683
CoC
-8.27
1757 Hillcrest Loop, Mount Vernon, WA 98274
Price
$642,200
Rent
$2,913
CachFlow
-$1,462
CoC
-13.01
Mount Vernon, WA Rental Market Insights
- •Median cashflow is -$1,800/month — careful deal selection is essential here
- •2.7% median cap rate is typical of appreciation-focused markets
- •At 4% 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