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

Morton, WA has a median modeled monthly cash flow of $-1,693 and a median cap rate of 1.5%, on a median sold price of $324,900. Prices changed +6.3% year over year.

What is the average cap rate in Morton, WA?

The median cap rate across recently sold homes in Morton, WA is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Morton, WA?

The median sold price in Morton, WA is $324,900 (about $244 per square foot).

Investing in Morton, WA Real Estate

A data-driven snapshot of the Morton, 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.

$324,900Median sold price

$244Median $/sqft

1.5%Median cap rate

$-1,693Modeled cash flow / mo

+6.3%Appreciation YoY

11.2Months of supply

40Active listings

43Sold (last 12 mo)

What the Morton numbers say

In Morton, WA, the median home sold for $324,900 (about $244 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-1,693 of monthly cash flow. Sold prices moved +6.3% over the past year. Inventory sits at about 11.2 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 Morton cash-flowing listings

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