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

Esperance, WA has a median modeled monthly cash flow of $-2,810 and a median cap rate of 1.7%, on a median sold price of $800,000. Prices changed -5.2% year over year.

What is the average cap rate in Esperance, WA?

The median cap rate across recently sold homes in Esperance, WA is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Esperance, WA?

The median sold price in Esperance, WA is $800,000 (about $476 per square foot).

Investing in Esperance, WA Real Estate

A data-driven snapshot of the Esperance, 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.

$800,000Median sold price

$476Median $/sqft

1.7%Median cap rate

$-2,810Modeled cash flow / mo

-5.2%Appreciation YoY

4.5Months of supply

27Active listings

72Sold (last 12 mo)

What the Esperance numbers say

In Esperance, WA, the median home sold for $800,000 (about $476 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-2,810 of monthly cash flow. Sold prices moved -5.2% over the past year. Inventory sits at about 4.5 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 Esperance cash-flowing listings

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