Is Wallace, ID a good place to invest in rental property?

Wallace, ID has a median modeled monthly cash flow of $-1,351 and a median cap rate of 1.5%, on a median sold price of $304,950. Prices changed +4.1% year over year.

What is the average cap rate in Wallace, ID?

The median cap rate across recently sold homes in Wallace, ID is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wallace, ID?

The median sold price in Wallace, ID is $304,950 (about $178 per square foot).

Investing in Wallace, ID Real Estate

A data-driven snapshot of the Wallace, ID rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$304,950Median sold price

$178Median $/sqft

1.5%Median cap rate

$-1,351Modeled cash flow / mo

+4.1%Appreciation YoY

10.0Months of supply

25Active listings

30Sold (last 12 mo)

What the Wallace numbers say

In Wallace, ID, the median home sold for $304,950 (about $178 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-1,351 of monthly cash flow. Sold prices moved +4.1% over the past year. Inventory sits at about 10.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Idaho markets to compare

See Wallace cash-flowing listings

CashFlowRE ranks every for-sale home in Wallace, ID by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Wallace deals, or browse the national market data.