Real Estate Investing in Royal City, Washington (99357)

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

Grant County • Population: 3,550 • Data updated: September 2026

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Should you buy in 99357 (Royal City, WA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (41/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
3 flags
  • High vacancy: 15.9% 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 30.4 — 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 Royal City, WA (99357)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $354,300
Avg Monthly Rent $972
1% Rule ✗ Does Not Meet
Median Income $65,833
% Renters 41.4%

Market Analysis: 99357 Royal City

Meanwhile, ZIP 99357 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $354K median. It rewards specialists, not generalists.

The investment case in 99357 is healthy only for operators who understand what they are buying. A $354K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Nearby ZIPs in Royal City have seen price recovery that 99357 has not matched. Grant County data supports the view that the spread is structural rather than temporary.

Resident income in 99357 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

Distressed ZIPs reward experience. solid returns are possible in 99357, but they flow to investors who already understand how to operate in soft markets.

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 Royal City:

C Below Average
Buy Confidence Score: 52/100
Affordability
10/25
Appreciation
14/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.4× the median income
Value Trend
Rising (+5.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $972/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
Moses Lake, WA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
6.9%
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 Moses Lake, WA metro data

Market Trends

Home Value History (with trend line)

$370K$332K$294K$257K$219K$181KFeb 2017Nov 2021Jul 2026

📊 How Does 99357 Compare?

Metric 99357 Royal City Moses Lake, WA Washington
Home Value $354,300 $354,300 N/A $591,536
5-Year CAGR 2.9% 2.9% N/A 5.9%
Avg Rent $972 $972 N/A -
Cap Rate 2.1% 2.1% - -
💡 Why Invest in 99357? Click to expand

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

A healthy rental market with 41% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 99357 (Royal City, WA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.1%
Low
5yr Growth
+2.9%
Slow

📉 Market Crash Risk Index

Based on Moses Lake, WA metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
54%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $354,300
Monthly Rent $972
Price-to-Rent 30.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.3%
Cap Rate 2.1%
5-Year IRR 5.0%

📈 Home Appreciation

1-Year +5.6% ▲
3-Year CAGR +2.7% ▲
5-Year CAGR +2.9% ▲
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). 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
15.9%
Elevated risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+2.9%
Stable
Eviction process: Slow Rent control: Unfavorable

Demographics in 99357

Population: 3,550

💰 Median Household Income
$65,833
This area
$65,833
State
$83,286
USA
$74,580
🏠 Renter Occupied
41.4%
This area
41.4%
State
29.3%
USA
34.0%
💼 Unemployment Rate
3.6%
This area
3.6%
State
-13.7%
USA
3.7%
🎓 College Educated
10.4%
This area
10.4%
State
10.6%
USA
33.7%
👤 Median Age
26.2 years
This area
26.2 years
State
10.2 years
USA
38.9 years
🏚️ Vacancy Rate
15.9%
This area
15.9%
State
14.9%
USA
10.5%
👥 Population by Ethnicity
Other/Mixed 63.2%
Hispanic/Latino 62.4%
White 36.8%
👶 Under 18
37.2%
This area
37.2%
USA
22.0%
👴 65 and Over
3.8%
This area
3.8%
USA
17.3%
📊 Poverty Rate
16.6%
This area
16.6%
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

🎓 Schools in 99357

A Avg School Grade
4 Schools
18.1:1 Avg Class Size
$22,299 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Red Rock Elementary

📚 Pre-K – 03 Elementary
👥
513 Students
👨‍🏫
14.7:1 Class Size
💰
$22,299 Per Student
A Very Good

Royal Intermediate School

📚 04 – 06 School
👥
389 Students
👨‍🏫
16.9:1 Class Size
💰
$22,299 Per Student
A Very Good

Royal High School

📚 09 – 12 High School
👥
578 Students
👨‍🏫
20.4:1 Class Size
💰
$22,299 Per Student
B+ Above Average

Royal Middle School

📚 07 – 08 Middle
👥
281 Students
👨‍🏫
20.5:1 Class Size
💰
$22,299 Per Student
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

How much is rent in Royal City, WA?

Expect rents around $972/mo per month in Royal City, WA. With home values at $354K, the yield math works out to reasonable levels for rental investors.

How deep is the rental pool in Royal City, WA?

Tenant demand in Royal City, WA is solid. The local workforce $972/mo rents across most rental classes.

What are vacancy rates like in Royal City, WA?

Royal City, WA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What is the typical home price in Royal City, WA?

Expect median prices around $354K in Royal City, WA. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.

What real estate strategy is ideal for Royal City, WA?

In Royal City, WA the solid play is typically careful cash-flow rentals with hands-on management. The combination of $354K prices and $972/mo rents suits that approach.

You know 99357 now. You don’t know where it ranks.

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How 99357 ranks in Moses Lake, WA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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