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

Chelan, WA has a median modeled monthly cash flow of $-3,977 and a median cap rate of 0.4%, on a median sold price of $615,000. Prices changed +4.4% year over year.

What is the average cap rate in Chelan, WA?

The median cap rate across recently sold homes in Chelan, WA is 0.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Chelan, WA?

The median sold price in Chelan, WA is $615,000 (about $423 per square foot).

Investing in Chelan, WA Real Estate

A data-driven snapshot of the Chelan, 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.

$615,000Median sold price

$423Median $/sqft

0.4%Median cap rate

$-3,977Modeled cash flow / mo

+4.4%Appreciation YoY

12.7Months of supply

207Active listings

195Sold (last 12 mo)

What the Chelan numbers say

In Chelan, WA, the median home sold for $615,000 (about $423 per square foot), and the typical deal models out to a 0.4% cap rate with a median $-3,977 of monthly cash flow. Sold prices moved +4.4% over the past year. Inventory sits at about 12.7 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 Chelan cash-flowing listings

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