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

Carnation, WA has a median modeled monthly cash flow of $-3,368 and a median cap rate of 1.5%, on a median sold price of $865,495. Prices changed -0.8% year over year.

What is the average cap rate in Carnation, WA?

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

What is the median home price in Carnation, WA?

The median sold price in Carnation, WA is $865,495 (about $437 per square foot).

Investing in Carnation, WA Real Estate

A data-driven snapshot of the Carnation, 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.

$865,495Median sold price

$437Median $/sqft

1.5%Median cap rate

$-3,368Modeled cash flow / mo

-0.8%Appreciation YoY

13.3Months of supply

137Active listings

124Sold (last 12 mo)

What the Carnation numbers say

In Carnation, WA, the median home sold for $865,495 (about $437 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-3,368 of monthly cash flow. Sold prices moved -0.8% over the past year. Inventory sits at about 13.3 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 Carnation cash-flowing listings

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