Is Anacortes, WA a good place to invest in rental property?

Anacortes, WA has a median modeled monthly cash flow of $-3,018 and a median cap rate of 1.8%, on a median sold price of $718,500. Prices changed -0.3% year over year.

What is the average cap rate in Anacortes, WA?

The median cap rate across recently sold homes in Anacortes, WA is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Anacortes, WA?

The median sold price in Anacortes, WA is $718,500 (about $393 per square foot).

Investing in Anacortes, WA Real Estate

A data-driven snapshot of the Anacortes, WA 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.

$718,500Median sold price

$393Median $/sqft

1.8%Median cap rate

$-3,018Modeled cash flow / mo

-0.3%Appreciation YoY

12.0Months of supply

375Active listings

374Sold (last 12 mo)

What the Anacortes numbers say

In Anacortes, WA, the median home sold for $718,500 (about $393 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-3,018 of monthly cash flow. Sold prices moved -0.3% over the past year. Inventory sits at about 12.0 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 Washington markets to compare

See Anacortes cash-flowing listings

CashFlowRE ranks every for-sale home in Anacortes, WA 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 Anacortes deals, or browse the national market data.