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

Three Lakes, WA has a median modeled monthly cash flow of $-5,571 and a median cap rate of 0.9%, on a median sold price of $1,072,250. Prices changed +2.8% year over year.

What is the average cap rate in Three Lakes, WA?

The median cap rate across recently sold homes in Three Lakes, WA is 0.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Three Lakes, WA?

The median sold price in Three Lakes, WA is $1,072,250 (about $398 per square foot).

Investing in Three Lakes, WA Real Estate

A data-driven snapshot of the Three Lakes, 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.

$1,072,250Median sold price

$398Median $/sqft

0.9%Median cap rate

$-5,571Modeled cash flow / mo

+2.8%Appreciation YoY

10.2Months of supply

39Active listings

46Sold (last 12 mo)

What the Three Lakes numbers say

In Three Lakes, WA, the median home sold for $1,072,250 (about $398 per square foot), and the typical deal models out to a 0.9% cap rate with a median $-5,571 of monthly cash flow. Sold prices moved +2.8% over the past year. Inventory sits at about 10.2 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 Three Lakes cash-flowing listings

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