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REI Lense

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

3.1%

Avg Cash on Cash

-16.1%

Median Cashflow

-$2,010/mo

Avg Rent Estimate

$3,413/mo

Avg Price

$813,346

Price Range

$472,800 - $1,337,400

Rent to Price

0.42%

low ratio

Positive Cashflow

0%

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 3.1%, 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 Mount Vernon, WA is -$2,010 with average rents of $3,413/month. Properties range from $472,800 to $1,337,400, offering entry points across multiple investment budgets.

1805 N 35th Street, Mount Vernon, WA 98273

Price

$472,800

Rent

$2,640

CachFlow

-$999

CoC

-12.07

Full Analysis

16792 Dunbar Road, Mount Vernon, WA 98273

Price

$868,100

Rent

$3,393

CachFlow

-$3,068

CoC

-20.2

Full Analysis

100 S 28th Street, Mount Vernon, WA 98274

Price

$534,400

Rent

$2,683

CachFlow

-$1,392

CoC

-14.88

Full Analysis

12951 S Front Street, Mount Vernon, WA 98273

Price

$1,091,000

Rent

$3,901

CachFlow

-$3,752

CoC

-19.65

Full Analysis

17902 Cove Lane, Mount Vernon, WA 98274

Price

$1,246,500

Rent

$3,847

CachFlow

-$4,888

CoC

-22.41

Full Analysis
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Mount Vernon, WA Rental Market Insights

  • Median cashflow is -$2,010/month — careful deal selection is essential here
  • 3.1% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Mount Vernon, WA requires selective property picks
  • Premium market with properties from $472,800 to $1,337,400
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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