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

Cherry Grove, WA has a median modeled monthly cash flow of $-4,675 and a median cap rate of 1.4%, on a median sold price of $823,000. Prices changed +21.5% year over year.

What is the average cap rate in Cherry Grove, WA?

The median cap rate across recently sold homes in Cherry Grove, WA is 1.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Cherry Grove, WA?

The median sold price in Cherry Grove, WA is $823,000 (about $398 per square foot).

Investing in Cherry Grove, WA Real Estate

A data-driven snapshot of the Cherry Grove, 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.

$823,000Median sold price

$398Median $/sqft

1.4%Median cap rate

$-4,675Modeled cash flow / mo

+21.5%Appreciation YoY

5.1Months of supply

14Active listings

33Sold (last 12 mo)

What the Cherry Grove numbers say

In Cherry Grove, WA, the median home sold for $823,000 (about $398 per square foot), and the typical deal models out to a 1.4% cap rate with a median $-4,675 of monthly cash flow. Sold prices moved +21.5% over the past year. Inventory sits at about 5.1 months of supply. 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 Cherry Grove cash-flowing listings

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