Is Mill Creek East, WA a good place to invest in rental property?

Mill Creek East, WA has a median modeled monthly cash flow of $-3,554 and a median cap rate of 1.8%, on a median sold price of $944,250. Prices changed -3.9% year over year.

What is the average cap rate in Mill Creek East, WA?

The median cap rate across recently sold homes in Mill Creek East, WA is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mill Creek East, WA?

The median sold price in Mill Creek East, WA is $944,250 (about $478 per square foot).

Investing in Mill Creek East, WA Real Estate

A data-driven snapshot of the Mill Creek East, 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.

$944,250Median sold price

$478Median $/sqft

1.8%Median cap rate

$-3,554Modeled cash flow / mo

-3.9%Appreciation YoY

10.6Months of supply

209Active listings

236Sold (last 12 mo)

What the Mill Creek East numbers say

In Mill Creek East, WA, the median home sold for $944,250 (about $478 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-3,554 of monthly cash flow. Sold prices moved -3.9% over the past year. Inventory sits at about 10.6 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 Mill Creek East cash-flowing listings

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