Real Estate Investing in Manson, Washington (98831)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 98831 (Manson, WA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 37.0% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 39.6 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Manson, WA (98831)?
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Market Analysis: 98831 Manson
Investors eyeing 98831 need to respect the fundamentals at play. Home values of $748K come alongside slower price movement and elevated management overhead.
Rent of $1,575/mo on a $748K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 98831 sits below the stated 0.0% once reality is priced in.
In practical terms, 98831 offers a low basis, the region around Manson has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A significant renter share of 38% in 98831 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 98831 is an operator game, not a passive one. Meanwhile, entry prices of $748K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Manson:
Property Strategy for 98831
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $637,661 | $1,750 | 2.0% | +7.2% | $318,831 |
| 3BR | $786,740 | $2,410 | 2.2% | +6.8% | $262,247 |
| 4BR | $996,355 | $2,940 | 2.1% | +6.5% | $249,089 |
Market Trends
Home Value History (with trend line)
📊 How Does 98831 Compare?
| Metric | 98831 | Manson | Wenatchee, WA | Washington |
|---|---|---|---|---|
| Home Value | $748,097 | $748,097 | N/A | $591,536 |
| 5-Year CAGR | 2.4% | 2.4% | N/A | 5.9% |
| Avg Rent | $1,575 | $1,575 | N/A | - |
| Cap Rate | 1.6% | 1.6% | - | - |
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 98831 (Manson, WA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $748,097 |
| Monthly Rent | $1,575 |
| Price-to-Rent | 39.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.5% |
| Cap Rate | 1.6% |
| 5-Year IRR | 4.0% |
📈 Home Appreciation
| 1-Year | -0.9% ▼ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | +2.4% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (1.6%). 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 98831
Population: 4,020
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 98831
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
Are renters plentiful in Manson, WA?
Expect a solid tenant pool in Manson, WA. The rental market absorbs $1,575/mo rents without meaningful friction.
What approach is best for Manson, WA real estate?
For Manson, WA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How much should I expect to pay for a home in Manson, WA?
Manson, WA home values average about $748K. That price point suits investors targeting rentals with $1,575/mo in monthly income.
Does a duplex house hack pencil in Manson, WA?
House hacking works a challenging in Manson, WA. Rents of $1,575/mo against $748K acquisition make the strategy solid for owner-occupants.
Is vacancy a concern in Manson, WA?
Manson, WA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 98831 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 98831 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 98831 ranks in Wenatchee, WA
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