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

Lakeland South, WA has a median modeled monthly cash flow of $-1,858 and a median cap rate of 2.9%, on a median sold price of $635,000. Prices changed +3.2% year over year.

What is the average cap rate in Lakeland South, WA?

The median cap rate across recently sold homes in Lakeland South, WA is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lakeland South, WA?

The median sold price in Lakeland South, WA is $635,000 (about $324 per square foot).

Investing in Lakeland South, WA Real Estate

A data-driven snapshot of the Lakeland South, 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.

$635,000Median sold price

$324Median $/sqft

2.9%Median cap rate

$-1,858Modeled cash flow / mo

+3.2%Appreciation YoY

4.1Months of supply

64Active listings

189Sold (last 12 mo)

What the Lakeland South numbers say

In Lakeland South, WA, the median home sold for $635,000 (about $324 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-1,858 of monthly cash flow. Sold prices moved +3.2% over the past year. Inventory sits at about 4.1 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 Lakeland South cash-flowing listings

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