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

Prairie Ridge, WA has a median modeled monthly cash flow of $-1,437 and a median cap rate of 3.3%, on a median sold price of $495,000. Prices changed +0.6% year over year.

What is the average cap rate in Prairie Ridge, WA?

The median cap rate across recently sold homes in Prairie Ridge, WA is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Prairie Ridge, WA?

The median sold price in Prairie Ridge, WA is $495,000 (about $339 per square foot).

Investing in Prairie Ridge, WA Real Estate

A data-driven snapshot of the Prairie Ridge, 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.

$495,000Median sold price

$339Median $/sqft

3.3%Median cap rate

$-1,437Modeled cash flow / mo

+0.6%Appreciation YoY

6.4Months of supply

96Active listings

181Sold (last 12 mo)

What the Prairie Ridge numbers say

In Prairie Ridge, WA, the median home sold for $495,000 (about $339 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-1,437 of monthly cash flow. Sold prices moved +0.6% over the past year. Inventory sits at about 6.4 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 Prairie Ridge cash-flowing listings

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