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

Parkland, WA has a median modeled monthly cash flow of $-1,578 and a median cap rate of 2.6%, on a median sold price of $465,000. Prices changed -3.6% year over year.

What is the average cap rate in Parkland, WA?

The median cap rate across recently sold homes in Parkland, WA is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Parkland, WA?

The median sold price in Parkland, WA is $465,000 (about $295 per square foot).

Investing in Parkland, WA Real Estate

A data-driven snapshot of the Parkland, 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.

$465,000Median sold price

$295Median $/sqft

2.6%Median cap rate

$-1,578Modeled cash flow / mo

-3.6%Appreciation YoY

15.8Months of supply

503Active listings

383Sold (last 12 mo)

What the Parkland numbers say

In Parkland, WA, the median home sold for $465,000 (about $295 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-1,578 of monthly cash flow. Sold prices moved -3.6% over the past year. Inventory sits at about 15.8 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 Parkland cash-flowing listings

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