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

Summit, WA has a median modeled monthly cash flow of $-2,223 and a median cap rate of 2.2%, on a median sold price of $560,000. Prices changed -6.8% year over year.

What is the average cap rate in Summit, WA?

The median cap rate across recently sold homes in Summit, WA is 2.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Summit, WA?

The median sold price in Summit, WA is $560,000 (about $289 per square foot).

Investing in Summit, WA Real Estate

A data-driven snapshot of the Summit, 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.

$560,000Median sold price

$289Median $/sqft

2.2%Median cap rate

$-2,223Modeled cash flow / mo

-6.8%Appreciation YoY

16.4Months of supply

161Active listings

118Sold (last 12 mo)

What the Summit numbers say

In Summit, WA, the median home sold for $560,000 (about $289 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-2,223 of monthly cash flow. Sold prices moved -6.8% over the past year. Inventory sits at about 16.4 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 Summit cash-flowing listings

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