Real Estate Investing in Stanwood, Washington (98292)
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Should you buy in 98292 (Stanwood, WA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Stanwood, WA (98292)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 98292 Stanwood
ZIP 98292 inside Snohomish County looks affordable on the surface — median value of $711K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $711K asset, 98292 is the wrong submarket. If the plan prices in friction, the yield can still work.
Meanwhile, 98292 offers a low basis, the region around Stanwood has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 98292 ZIP's population of 26,713 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Experienced landlords with local relationships tend to find 98292 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Stanwood:
Property Strategy for 98292
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $529,522 | $1,870 | 2.5% | +7.4% | $529,522 |
| 2BR | $593,134 | $2,180 | 2.6% | +7.2% | $296,567 |
| 3BR | $680,171 | $2,850 | 3.0% | +7.2% | $226,724 |
| 4BR | $792,770 | $3,350 | 3.0% | +7.7% | $198,192 |
| 5BR | $782,138 | — | — | +7.1% | $156,428 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 98292 Compare?
| Metric | 98292 | Stanwood | Seattle-Tacoma-Bellevue, WA | Washington |
|---|---|---|---|---|
| Home Value | $711,337 | $711,337 | N/A | $591,536 |
| 5-Year CAGR | 3.6% | 3.6% | N/A | 5.9% |
| Avg Rent | $2,388 | $2,388 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 98292 (Stanwood, WA). Anonymous, moderated, never written by AI.
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Property managers serving Snohomish County
Manage rentals here? List your business →inTrust Property Management offers HOA Management Services in King & Snohomish Counties. summary from their website
Haven Property Management is a full-service residential management company based in Federal Way, WA, covering the Greater Puget Sound area. summary from their website
Navigate Community Management provides community management services. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $711,337 |
| Monthly Rent | $2,388 |
| Price-to-Rent | 24.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | +10.2% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). 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.
Demographics in 98292
Population: 26,713
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
🎓 Schools in 98292
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,983 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are homes affordable in Stanwood, WA?
Stanwood, WA median home values land near $711K. That is reasonable territory for investors looking at $2,388/mo-per-month rentals.
How strong is the working-renter base in Stanwood, WA?
The renter base in Stanwood, WA is reasonable for the $2,388/mo price point. Screening well and pricing to market typically yields even-keeled tenants.
Are rents high in Stanwood, WA?
Stanwood, WA rentals go for roughly $2,388/mo a month. That puts gross yield in solid territory relative to $711K acquisition costs.
How do landlord-tenant laws work in Stanwood, WA?
WA law tenant-protective for landlords, and Stanwood inherits those rules. Investors should still review local ordinances for rental licensing.
Can I live-in-and-rent in Stanwood, WA?
The house hack math a challenging in Stanwood, WA. Owner-occupant buyers benefit from the $2,388/mo rents and $711K home values.
You know 98292 now. You don’t know where it ranks.
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How 98292 ranks in Seattle-Tacoma-Bellevue, WA
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