Real Estate Investing in Malo, Washington (99150)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 99150 (Malo, 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: 16.4% 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 29.6 — hard to cash-flow at these prices.
• 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 Malo, WA (99150)?
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Market Analysis: 99150 Malo
The 99150 ZIP covers a section of Malo that demands careful diligence. Prices near $310K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $310K asset, 99150 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 99150 sits on the difficult end of the WA spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
The 99150 ZIP's population of 296 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
Distressed ZIPs reward experience. solid returns are possible in 99150, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Malo:
Market Trends
Home Value History (with trend line)
📊 How Does 99150 Compare?
| Metric | 99150 | Malo | Washington |
|---|---|---|---|
| Home Value | $309,907 | $309,907 | $591,536 |
| 5-Year CAGR | N/A | N/A | 5.9% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 2.2% | 2.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 99150 (Malo, WA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $309,907 |
| Monthly Rent | $873 |
| Price-to-Rent | 29.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +5.9% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (2.2%). 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 99150
Population: 296
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 is it like being a landlord in Malo, WA?
Landlord-friendliness in Malo, WA is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Are renters plentiful in Malo, WA?
The tenant pool in Malo, WA is solid, supported by local employment and population fundamentals. Rents of $873/mo are well-absorbed by the market.
How expensive is real estate in Malo, WA?
Homes in Malo, WA typically sell near $310K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
Is real estate in Malo, WA a good investment right now?
Our data puts Malo, WA at 2.0/5 for investability. Home prices of $310K and rents around $873/mo create a solid backdrop for investor activity.
Is Malo, WA a good market for FHA house hackers?
House hacking in Malo, WA is a challenging. With home values around $310K and rents at $873/mo, owner-occupants can offset a meaningful share of PITI.
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