Is Lake Morton-Berrydale, WA a good place to invest in rental property?

Lake Morton-Berrydale, WA has a median modeled monthly cash flow of $-3,139 and a median cap rate of 1.9%, on a median sold price of $697,000. Prices changed +0.0% year over year.

What is the average cap rate in Lake Morton-Berrydale, WA?

The median cap rate across recently sold homes in Lake Morton-Berrydale, WA is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lake Morton-Berrydale, WA?

The median sold price in Lake Morton-Berrydale, WA is $697,000 (about $350 per square foot).

Investing in Lake Morton-Berrydale, WA Real Estate

A data-driven snapshot of the Lake Morton-Berrydale, 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.

$697,000Median sold price

$350Median $/sqft

1.9%Median cap rate

$-3,139Modeled cash flow / mo

+0.0%Appreciation YoY

6.9Months of supply

77Active listings

133Sold (last 12 mo)

What the Lake Morton-Berrydale numbers say

In Lake Morton-Berrydale, WA, the median home sold for $697,000 (about $350 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-3,139 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 6.9 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 Lake Morton-Berrydale cash-flowing listings

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