Real Estate Investing in Marblemount, Washington (98267)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Skagit County • Population: 275 • Data updated: September 2026

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Should you buy in 98267 (Marblemount, WA)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (37/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 62.8% of homes vacant — above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Marblemount, WA (98267)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $218,929
Avg Monthly Rent $1,386
1% Rule ✗ Does Not Meet
Median Income N/A
% Renters 42.7%

Market Analysis: 98267 Marblemount

The 98267 ZIP in Marblemount, WA is a local-operator market. Outside capital chasing a $219K entry has to pair deep knowledge with the discount.

On the rental side, the numbers look inviting — $219K purchase price, 0.0% nominal cap — the work to hit that pro forma in 98267 is substantial and deserves full respect.

Regionally, 98267 sits on the difficult end of the WA spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.

Employment concentration in 98267 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Marblemount:

Affordability
Affordable
Homes cost × the median income
Value Trend
Rising (+5.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,386/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
Mount Vernon-Anacortes, WA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
11.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Mount Vernon-Anacortes, WA metro data

Market Trends

Home Value History (with trend line)

$234K$199K$164K$129K$94K$59KJul 2006Jul 2016Jul 2026

📊 How Does 98267 Compare?

Metric 98267 Marblemount Mount Vernon-Anacortes, WA Washington
Home Value $218,929 $218,929 N/A $591,536
5-Year CAGR 3.4% 3.4% N/A 5.9%
Avg Rent $1,386 $1,386 N/A -
Cap Rate 4.9% 4.9% - -

Similar ZIPs Within 25 Miles

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💡 Why Invest in 98267? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 43% renter-occupied households ensures tenant availability.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 98267 (Marblemount, WA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.9%
Fair
5yr Growth
+3.4%
Moderate

📊 Market Snapshot

Home Value $218,929
Monthly Rent $1,386
Price-to-Rent 13.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.6%
Cap Rate 4.9%
5-Year IRR 8.3%

📈 Home Appreciation

1-Year +5.5% ▲
3-Year CAGR +2.8% ▲
5-Year CAGR +3.4% ▲
10-Year CAGR +7.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
62.8%
Elevated risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+3.4%
Stable
Eviction process: Slow Rent control: Unfavorable

Demographics in 98267

Population: 275

💰 Median Household Income
N/A
🏠 Renter Occupied
42.7%
This area
42.7%
State
29.3%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-13.7%
USA
3.7%
🎓 College Educated
0.0%
This area
0.0%
State
10.6%
USA
33.7%
👤 Median Age
59.1 years
This area
59.1 years
State
10.2 years
USA
38.9 years
🏚️ Vacancy Rate
62.8%
This area
62.8%
State
14.9%
USA
10.5%
👥 Population by Ethnicity
White 100.0%
👶 Under 18
0.0%
This area
0.0%
USA
22.0%
👴 65 and Over
4.4%
This area
4.4%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

Frequently Asked Questions

What is the investability score for Marblemount, WA?

The 3.0/5 investability rating in Marblemount, WA reflects its $219K prices and $1,386/mo rents. Investors generally consider it a solid option within WA.

How strong are rents in Marblemount, WA?

Rent in Marblemount, WA is around $1,386/mo. The resulting rent-to-value relationship with $219K pricing is reasonable for most investor models.

What is the renter demographic in Marblemount, WA?

Tenant demand in Marblemount, WA is solid. The local workforce $1,386/mo rents across most rental classes.

What is the typical vacancy rate in Marblemount, WA?

Rental vacancy in Marblemount, WA is elevated. Investors should budget normal turnover but not chronic empty units.

What is the typical home price in Marblemount, WA?

The median home value in Marblemount, WA is roughly $219K. That puts it reasonable relative to the WA statewide average.

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How 98267 ranks in Mount Vernon-Anacortes, WA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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