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

Soap Lake, WA has a median modeled monthly cash flow of $-1,296 and a median cap rate of 1.9%, on a median sold price of $271,500. Prices changed -5.6% year over year.

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

The median cap rate across recently sold homes in Soap Lake, WA is 1.9%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Soap Lake, WA is $271,500 (about $220 per square foot).

Investing in Soap Lake, WA Real Estate

A data-driven snapshot of the Soap 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.

$271,500Median sold price

$220Median $/sqft

1.9%Median cap rate

$-1,296Modeled cash flow / mo

-5.6%Appreciation YoY

8.7Months of supply

40Active listings

55Sold (last 12 mo)

What the Soap Lake numbers say

In Soap Lake, WA, the median home sold for $271,500 (about $220 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-1,296 of monthly cash flow. Sold prices moved -5.6% over the past year. Inventory sits at about 8.7 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 Soap Lake cash-flowing listings

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