Real Estate Investing in Woodland, Washington (98674)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 98674 (Woodland, 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.
- High price-to-rent: Price-to-rent ratio 26.6 — hard to cash-flow at these prices.
What’s happening in Woodland, WA (98674)?
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Market Analysis: 98674 Woodland
This part of Clark County is not an easy win. The 98674 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 98674 is substantial only for operators who understand what they are buying. A $592K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Woodland have seen price recovery that 98674 has not matched. Clark County data supports the view that the spread is structural rather than temporary.
On the rental side, 16,765 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 98674 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Woodland:
Property Strategy for 98674
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $454,840 | $1,800 | 2.8% | +5.4% | $227,420 |
| 3BR | $557,370 | $2,470 | 3.2% | +5.8% | $185,790 |
| 4BR | $676,480 | $2,950 | 3.1% | +6.4% | $169,120 |
| 5BR | $735,070 | — | — | +5.5% | $147,014 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 98674 Compare?
| Metric | 98674 | Woodland | Longview, WA | Washington |
|---|---|---|---|---|
| Home Value | $592,353 | $592,353 | N/A | $591,536 |
| 5-Year CAGR | 3.3% | 3.3% | N/A | 5.9% |
| Avg Rent | $1,853 | $1,853 | N/A | - |
| Cap Rate | 2.4% | 2.4% | - | - |
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 98674 (Woodland, WA). Anonymous, moderated, never written by AI.
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Property managers serving Clark County
Manage rentals here? List your business →Blue Key Property Management offers expert property management services for single-family home rentals, duplexes, condos, and townhouses in Vancouver, WA and Portland, OR. summary from their website
Dove Property Management provides full-service property management in Vancouver, WA, specializing in single-family homes, townhouses, condominiums, plexes, and multi-family apartment communities. summary from their website
Pac1 Realty, LLC is a commercial real estate firm in Southwest Washington offering agency leasing, tenant representation, sales, and property 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 | $592,353 |
| Monthly Rent | $1,853 |
| Price-to-Rent | 26.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.4% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +3.3% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.4%). 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 98674
Population: 16,765
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 98674
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.
Frequently Asked Questions
Is Woodland, WA a smart market for rental property?
The 3.0/5 investability rating in Woodland, WA reflects its $592K prices and $1,853/mo rents. Investors generally consider it a solid option within WA.
Are there empty rentals in Woodland, WA?
Woodland, WA sees elevated vacancy, which is reasonable relative to the broader WA rental market.
What is the average monthly rent in Woodland, WA?
Rent in Woodland, WA is around $1,853/mo. The resulting rent-to-value relationship with $592K pricing is reasonable for most investor models.
Does house hacking work in Woodland, WA?
House hacking works a challenging in Woodland, WA. Rents of $1,853/mo against $592K acquisition make the strategy solid for owner-occupants.
Where do home prices stand in Woodland, WA?
Woodland, WA median home values land near $592K. That is reasonable territory for investors looking at $1,853/mo-per-month rentals.
You know 98674 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 98674 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 98674 ranks in Longview, WA
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