Best ZIP Codes for Cash Flow in Seattle-Tacoma-Bellevue, WA (2026)

Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.

# ZIP City Home value Rent Cap rate 5-yr growth
1 98360 Orting, WA $559,604 $3,140 4.38% 2.6%
2 98387 Spanaway, WA $511,530 $2,807 4.28% 2.7%
3 98375 Puyallup, WA $550,676 $2,840 4.02% 2.7%
4 98294 Sultan, WA $560,528 $2,837 3.95% 3.2%
5 98121 Seattle, WA $544,576 $2,700 3.87% -2.9%
6 98327 Dupont, WA $560,965 $2,757 3.83% 2.6%
7 98134 Seattle, WA $446,255 $2,169 3.79% 0.5%
8 98321 Buckley, WA $666,672 $3,100 3.63% 3.1%
9 98270 Marysville, WA $640,205 $2,974 3.62% 3.9%
10 98256 Index, WA $419,531 $1,944 3.61% 5.1%
11 98404 Tacoma, WA $443,725 $2,054 3.61% 2.0%
12 98101 Seattle, WA $567,273 $2,592 3.56% -1.8%
13 98338 Graham, WA $596,621 $2,691 3.52% 2.5%
14 98304 Eatonville, WA $387,577 $1,674 3.37% 5.5%
15 98258 Lake Stevens, WA $704,712 $3,015 3.34% 3.6%
16 98019 Duvall, WA $940,080 $3,964 3.29% 3.2%
17 98374 Puyallup, WA $586,725 $2,473 3.29% 2.8%
18 98329 Gig Harbor, WA $611,538 $2,575 3.28% 3.0%
19 98402 Tacoma, WA $424,775 $1,763 3.24% 0.2%
20 98418 Tacoma, WA $417,506 $1,730 3.23% 1.5%
21 98288 Skykomish, WA $472,043 $1,944 3.21% 4.0%
22 98445 Clover Creek, WA $498,702 $2,051 3.21% 2.7%
23 98251 Gold Bar, WA $477,618 $1,944 3.17% 4.0%
24 98391 Bonney Lake, WA $677,597 $2,749 3.16% 2.8%
25 98271 Marysville, WA $589,684 $2,351 3.11% 3.7%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →