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 15+ datapoints.
Mount Vernon, WA Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
2.6%
Avg Cash on Cash
-15.9%
Median Cashflow
-$1,974/mo
Avg Rent Estimate
$2,999/mo
Avg Price
$730,793
Price Range
$325,000 - $1,199,000
Rent to Price
0.41%
low ratio
Positive Cashflow
7%
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 15+ analyzed properties, the median monthly cashflow in Mount Vernon, WA is -$1,974 with average rents of $2,999/month. Properties range from $325,000 to $1,199,000, offering entry points across multiple investment budgets.
20340 State Route 534, Mount Vernon, WA 98274
Price
$930,400
Rent
$3,307
CachFlow
-$3,073
CoC
-18.87
34605 N Shore Drive, Mount Vernon, WA 98274
Price
$1,365,000
Rent
$3,230
CachFlow
-$5,617
CoC
-23.51
23143 Lanyard Lane, Mount Vernon, WA 98274
Price
$589,300
Rent
$2,829
CachFlow
-$1,365
CoC
-13.24
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
Mount Vernon, WA Rental Market Insights
- •Median cashflow is -$1,974/month — careful deal selection is essential here
- •2.6% median cap rate is typical of appreciation-focused markets
- •At 7% 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