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

Black Diamond, WA has a median modeled monthly cash flow of $-2,130 and a median cap rate of 2.6%, on a median sold price of $749,950. Prices changed -15.4% year over year.

What is the average cap rate in Black Diamond, WA?

The median cap rate across recently sold homes in Black Diamond, WA is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Black Diamond, WA?

The median sold price in Black Diamond, WA is $749,950 (about $354 per square foot).

Investing in Black Diamond, WA Real Estate

A data-driven snapshot of the Black Diamond, 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.

$749,950Median sold price

$354Median $/sqft

2.6%Median cap rate

$-2,130Modeled cash flow / mo

-15.4%Appreciation YoY

17.9Months of supply

353Active listings

237Sold (last 12 mo)

What the Black Diamond numbers say

In Black Diamond, WA, the median home sold for $749,950 (about $354 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-2,130 of monthly cash flow. Sold prices moved -15.4% over the past year. Inventory sits at about 17.9 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 Black Diamond cash-flowing listings

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