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

Mount Vernon, WA has a median modeled monthly cash flow of $-1,844 and a median cap rate of 2.4%, on a median sold price of $559,500. Prices changed -0.8% year over year.

What is the average cap rate in Mount Vernon, WA?

The median cap rate across recently sold homes in Mount Vernon, WA is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mount Vernon, WA?

The median sold price in Mount Vernon, WA is $559,500 (about $320 per square foot).

Investing in Mount Vernon, WA Real Estate

A data-driven snapshot of the Mount Vernon, 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.

$559,500Median sold price

$320Median $/sqft

2.4%Median cap rate

$-1,844Modeled cash flow / mo

-0.8%Appreciation YoY

6.7Months of supply

255Active listings

459Sold (last 12 mo)

What the Mount Vernon numbers say

In Mount Vernon, WA, the median home sold for $559,500 (about $320 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,844 of monthly cash flow. Sold prices moved -0.8% over the past year. Inventory sits at about 6.7 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 Mount Vernon cash-flowing listings

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