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

Richland, WA has a median modeled monthly cash flow of $-1,508 and a median cap rate of 2.8%, on a median sold price of $465,000. Prices changed +3.6% year over year.

What is the average cap rate in Richland, WA?

The median cap rate across recently sold homes in Richland, WA is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Richland, WA?

The median sold price in Richland, WA is $465,000 (about $257 per square foot).

Investing in Richland, WA Real Estate

A data-driven snapshot of the Richland, 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

$257Median $/sqft

2.8%Median cap rate

$-1,508Modeled cash flow / mo

+3.6%Appreciation YoY

6.9Months of supply

766Active listings

1,341Sold (last 12 mo)

What the Richland numbers say

In Richland, WA, the median home sold for $465,000 (about $257 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,508 of monthly cash flow. Sold prices moved +3.6% over the past year. Inventory sits at about 6.9 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 Richland cash-flowing listings

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