Real Estate Investing in Roslyn, Washington (98941)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 98941 (Roslyn, 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.
- High vacancy: 38.1% 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 Roslyn, WA (98941)?
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Market Analysis: 98941 Roslyn
The 98941 ZIP in Roslyn, WA is a local-operator market. Outside capital chasing a $468K entry has to pair deep knowledge with the discount.
The 98941 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Roslyn have seen price recovery that 98941 has not matched. Kittitas County data supports the view that the spread is structural rather than temporary.
Employment concentration in 98941 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 98941 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 Roslyn:
Property Strategy for 98941
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $415,742 | $2,180 | 3.8% | +8.6% | $207,871 |
| 3BR | $489,195 | $3,030 | 4.5% | +6.6% | $163,065 |
Market Trends
Home Value History (with trend line)
📊 How Does 98941 Compare?
| Metric | 98941 | Roslyn | Ellensburg, WA | Washington |
|---|---|---|---|---|
| Home Value | $467,520 | $467,520 | N/A | $591,536 |
| 5-Year CAGR | 4.3% | 4.3% | N/A | 5.9% |
| Avg Rent | $1,962 | $1,962 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 98941 (Roslyn, WA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $467,520 |
| Monthly Rent | $1,962 |
| Price-to-Rent | 19.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +1.2% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +9.9% ▲ |
🏠 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 (3.3%). 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 98941
Population: 884
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 approach is best for Roslyn, WA real estate?
Investors usually favor careful cash-flow rentals with hands-on management in Roslyn, WA. With home values at $468K and rents near $1,962/mo, other strategies can work but produce consistent rather than outsized returns.
What do rentals go for in Roslyn, WA?
Investors in Roslyn, WA typically see rents near $1,962/mo per month against $468K home values - a solid setup for rental cash flow.
How qualified is the tenant pool in Roslyn, WA?
The renter base in Roslyn, WA is reasonable for the $1,962/mo price point. Screening well and pricing to market typically yields reliable tenants.
Is Roslyn, WA good for landlords?
WA ranks as a tenant-protective state for landlord-tenant law. Roslyn generally follows the statewide framework, so landlords face reasonable operating rules.
Is housing expensive in Roslyn, WA?
The median home value in Roslyn, WA is roughly $468K. That puts it reasonable relative to the WA statewide average.
You know 98941 now. You don’t know where it ranks.
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How 98941 ranks in Ellensburg, WA
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