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

Shadow Lake, WA has a median modeled monthly cash flow of $-4,193 and a median cap rate of 1.5%, on a median sold price of $875,000. Prices changed -6.5% year over year.

What is the average cap rate in Shadow Lake, WA?

The median cap rate across recently sold homes in Shadow Lake, WA is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Shadow Lake, WA?

The median sold price in Shadow Lake, WA is $875,000 (about $416 per square foot).

Investing in Shadow Lake, WA Real Estate

A data-driven snapshot of the Shadow Lake, 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.

$875,000Median sold price

$416Median $/sqft

1.5%Median cap rate

$-4,193Modeled cash flow / mo

-6.5%Appreciation YoY

4.3Months of supply

13Active listings

36Sold (last 12 mo)

What the Shadow Lake numbers say

In Shadow Lake, WA, the median home sold for $875,000 (about $416 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-4,193 of monthly cash flow. Sold prices moved -6.5% over the past year. Inventory sits at about 4.3 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 Shadow Lake cash-flowing listings

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