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

Terrace Heights, WA has a median modeled monthly cash flow of $-1,031 and a median cap rate of 2.8%, on a median sold price of $389,500. Prices changed +3.2% year over year.

What is the average cap rate in Terrace Heights, WA?

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

What is the median home price in Terrace Heights, WA?

The median sold price in Terrace Heights, WA is $389,500 (about $212 per square foot).

Investing in Terrace Heights, WA Real Estate

A data-driven snapshot of the Terrace Heights, 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.

$389,500Median sold price

$212Median $/sqft

2.8%Median cap rate

$-1,031Modeled cash flow / mo

+3.2%Appreciation YoY

12.1Months of supply

117Active listings

116Sold (last 12 mo)

What the Terrace Heights numbers say

In Terrace Heights, WA, the median home sold for $389,500 (about $212 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,031 of monthly cash flow. Sold prices moved +3.2% over the past year. Inventory sits at about 12.1 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 Terrace Heights cash-flowing listings

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