Condo Investment Properties for Sale in Moses Lake, WA
$ 245,000
ROI
19.9
Cash Flow/m
12- 2 Bed
- 2 Bath
- 981 sft
2900 Marina Dr. #201, Moses Lake, WA, 98837
$ 330,000
ROI
20.6Cash Flow/m
74- 2 Bed
- 2 Bath
- 1191 sft
4395 Westshore Drive #102, Moses Lake, WA, 98837
$ 237,000
ROI
21.0Cash Flow/m
81- 2 Bed
- 2 Bath
- 1032 sft
2900 W Marina Drive UNIT 305, Moses Lake, WA, 98837
$ 385,000
ROI
21.1Cash Flow/m
149- 3 Bed
- 2 Bath
- 1584 sft
807 Westshore Drive NE #H25, Moses Lake, WA, 98837
Why Invest in Moses Lake, Washington?
Moses Lake, WA offers strong potential for condo investors seeking steady rental income in a growing market. The area's agricultural and manufacturing sectors drive demand from renters. With home appreciation around 5% annually and cap rates near 6%, condos provide solid cash flow. Lower costs compared to coastal WA cities enhance ROI for long-term holds. Renter occupancy exceeds 40%, supported by job growth and outdoor appeal.
8.5%
Avg. ROI
6.2%
Rental Yield
6.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
5.2%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 6% with growing appreciation. Demand from agriculture workers and tourists supports steady occupancy. Lower entry costs compared to single-family homes improve cash flow.
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