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

Port Townsend, WA has a median modeled monthly cash flow of $-2,051 and a median cap rate of 2.5%, on a median sold price of $575,000. Prices changed -1.0% year over year.

What is the average cap rate in Port Townsend, WA?

The median cap rate across recently sold homes in Port Townsend, WA is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Port Townsend, WA?

The median sold price in Port Townsend, WA is $575,000 (about $405 per square foot).

Investing in Port Townsend, WA Real Estate

A data-driven snapshot of the Port Townsend, 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.

$575,000Median sold price

$405Median $/sqft

2.5%Median cap rate

$-2,051Modeled cash flow / mo

-1.0%Appreciation YoY

4.9Months of supply

107Active listings

261Sold (last 12 mo)

What the Port Townsend numbers say

In Port Townsend, WA, the median home sold for $575,000 (about $405 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-2,051 of monthly cash flow. Sold prices moved -1.0% over the past year. Inventory sits at about 4.9 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 Port Townsend cash-flowing listings

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