Cash Flow Investing in Seattle, WA

Cash Flow Score: 3.4/10Ranked #43 of 52 markets

Data-driven cash flow analysis for Seattle, WA — score breakdown, key investment metrics, and how it compares to other markets.

Last updated: May 2026

Score Breakdown

Cash Flow Score:3.4
Rent-to-Price Ratio(30%)
0.31%0.6
Cap Rate(30%)
3.8%1.4
Low Vacancy(20%)
6.1%7.4
Low Property Taxes(20%)
0.92%6.9

Key Metrics for Cash Flow

Cap Rate

3.8%

Moderate

Rent-to-Price

0.31%

Below 1% rule

Vacancy Rate

6.1%

Healthy

Property Tax

0.92%

Very low

Cash Flow Investment Thesis

Seattle offers premium tenant quality with some of the highest incomes in the US. No state income tax benefits investors, but the high entry price and tenant-friendly laws limit cash-flow potential.

How Seattle Compares

RankCityCash Flow ScoreCap RateMedian Price
#39Dallas, TX3.55.7%$340,000
#40Las Vegas, NV3.44.8%$380,000
#41Austin, TX3.44.3%$450,000
#42San Diego, CA3.43.5%$820,000
#43Seattle, WA3.43.8%$720,000
#44Baltimore, MD3.26.5%$180,000
#45Savannah, GA3.25.9%$275,000

Showing markets ranked near Seattle for this strategy.

Quick Math: Estimated Annual Return

Annual Gross Rent ($2,200/mo)$26,400
Less: Vacancy (6.1%)-$1,610
Less: Property Tax (0.92%)-$6,624
Less: Insurance (~0.5%)-$3,600
Less: Maintenance (~1.5%)-$10,800
Estimated NOI$3,766
Implied Cap Rate0.5%

Based on median market data. Your actual returns will vary based on specific property, financing, and management costs. Always run your own analysis before investing.

Frequently Asked Questions

What is the cash flow score for Seattle, WA?

Seattle, WA scores 3.4 out of 10 on our cash flow score, ranking #43 out of 52 markets we track. Weighted composite: rent-to-price ratio (30%), cap rate (30%), low vacancy (20%), low property taxes (20%). Scale 0–10.

Is Seattle a good city for cash flow investing?

Seattle, WA ranks #43 for cash flow investing with a score of 3.4/10. While not a top-ranked market for this strategy, it may have strengths in other investing approaches.

What is the average cap rate in Seattle?

The average cap rate in Seattle, WA is 3.8%. The median home price is $720,000 with a median monthly rent of $2,200, resulting in a rent-to-price ratio of 0.31%.

What are the property taxes in Seattle?

The effective property tax rate in Seattle, WA is 0.92%. On a $720,000 property, that translates to approximately $6,624 per year in property taxes.

How does Seattle compare to other cash flow markets?

Among our 52 tracked markets, Seattle, WA ranks #43 for cash flow investing. Other markets may be stronger for this particular strategy, though it may excel in different approaches.

Does Seattle meet the 1% rule?

Seattle, WA has a rent-to-price ratio of 0.31%, which falls significantly below the 1% rule. However, the 1% rule is a rough guideline — individual deals can still cash flow well in this market.

Run Your Own Numbers for Seattle

Use our free calculators pre-filled with Seattle, WA market data, or adjust the numbers for your specific deal.