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

Prairie Ridge, WA has a median modeled monthly cash flow of $-1,290 and a median cap rate of 3.5%, on a median sold price of $490,000. Prices changed -2.4% 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 3.5%, 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 $490,000 (about $332 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.

$490,000Median sold price

$332Median $/sqft

3.5%Median cap rate

$-1,290Modeled cash flow / mo

-2.4%Appreciation YoY

9.1Months of supply

134Active listings

177Sold (last 12 mo)

What the Prairie Ridge numbers say

In Prairie Ridge, WA, the median home sold for $490,000 (about $332 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-1,290 of monthly cash flow. Sold prices moved -2.4% over the past year. Inventory sits at about 9.1 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 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.