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

Rock Island, WA has a median modeled monthly cash flow of $-1,965 and a median cap rate of 2.1%, on a median sold price of $478,500. Prices changed -0.9% year over year.

What is the average cap rate in Rock Island, WA?

The median cap rate across recently sold homes in Rock Island, WA is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Rock Island, WA?

The median sold price in Rock Island, WA is $478,500 (about $322 per square foot).

Investing in Rock Island, WA Real Estate

A data-driven snapshot of the Rock Island, 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.

$478,500Median sold price

$322Median $/sqft

2.1%Median cap rate

$-1,965Modeled cash flow / mo

-0.9%Appreciation YoY

4.4Months of supply

24Active listings

66Sold (last 12 mo)

What the Rock Island numbers say

In Rock Island, WA, the median home sold for $478,500 (about $322 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-1,965 of monthly cash flow. Sold prices moved -0.9% over the past year. Inventory sits at about 4.4 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 Rock Island cash-flowing listings

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