Real Estate Investing in Metaline Falls, Washington (99153)

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

Pend Oreille County • Population: 428 • Data updated: September 2026

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Should you buy in 99153 (Metaline Falls, WA)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (38/100)

Multiple negative signals. Better options likely exist nearby.

📈 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
2 flags
  • High vacancy: 36.0% 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 Metaline Falls, WA (99153)?

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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 $250,057
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $40,129
% Renters 50.2%

Market Analysis: 99153 Metaline Falls

Not every below-median market is a bargain. Metaline Falls's 99153 ZIP comes in at signals that favor experienced operators who can absorb the risk $250K pricing implies.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 99153 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

In the broader WA picture, 99153 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Who lives in 99153 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Distressed ZIPs reward experience. resilient returns are possible in 99153, 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 Metaline Falls:

D Needs Caution
Buy Confidence Score: 49/100
Affordability
5/25
Appreciation
14/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.2× the median income
Value Trend
Declining (-0.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$265K$238K$212K$185K$159K$132KFeb 2017Nov 2021Jul 2026

📊 How Does 99153 Compare?

Metric 99153 Metaline Falls Washington
Home Value $250,057 $250,057 $591,536
5-Year CAGR 2.8% 2.8% 5.9%
Avg Rent $873 $873 -
Cap Rate 2.7% 2.7% -
💡 Why Invest in 99153? Click to expand

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

50% of households rent in this area, creating consistent tenant demand for landlords.

📊 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 99153 (Metaline Falls, WA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.7%
Low
5yr Growth
+2.8%
Slow

📊 Market Snapshot

Home Value $250,057
Monthly Rent $873
Price-to-Rent 23.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.2%
Cap Rate 2.7%
5-Year IRR 5.6%

📈 Home Appreciation

1-Year -0.6% ▼
3-Year CAGR +1.4% ▲
5-Year CAGR +2.8% ▲
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: 2.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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
36.0%
Elevated risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+2.8%
Stable
Eviction process: Slow Rent control: Unfavorable

Demographics in 99153

Population: 428

💰 Median Household Income
$40,129
This area
$40,129
State
$83,286
USA
$74,580
🏠 Renter Occupied
50.2%
This area
50.2%
State
29.3%
USA
34.0%
💼 Unemployment Rate
5.5%
This area
5.5%
State
-13.7%
USA
3.7%
🎓 College Educated
14.7%
This area
14.7%
State
10.6%
USA
33.7%
👤 Median Age
56.8 years
This area
56.8 years
State
10.2 years
USA
38.9 years
🏚️ Vacancy Rate
36.0%
This area
36.0%
State
14.9%
USA
10.5%
👥 Population by Ethnicity
White 92.4%
Other/Mixed 7.6%
Hispanic/Latino 5.8%
👶 Under 18
15.7%
This area
15.7%
USA
22.0%
👴 65 and Over
32.2%
This area
32.2%
USA
17.3%
📊 Poverty Rate
8.6%
This area
8.6%
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 99153

A Avg School Grade
1 Schools
12.6:1 Avg Class Size
$22,884 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Selkirk Elementary School

📚 Pre-K – 05 Elementary
👥
121 Students
👨‍🏫
12.6:1 Class Size
💰
$22,884 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

Are tenants stable in Metaline Falls, WA?

Tenant demand in Metaline Falls, WA is solid. The local workforce $873/mo rents across most rental classes.

How does Metaline Falls, WA rate as a rental market?

Metaline Falls, WA records an investability rating of 3.0/5, with median home values near $250K and average rents around $873/mo. That combination puts it in the substantial tier for investor interest.

Do landlords face vacancy issues in Metaline Falls, WA?

Vacancy in Metaline Falls, WA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $873/mo.

Are eviction rules reasonable in Metaline Falls, WA?

Landlord-friendliness in Metaline Falls, WA is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Does house hacking make sense in Metaline Falls, WA?

House hacking in Metaline Falls, WA is a challenging. With home values around $250K and rents at $873/mo, owner-occupants can offset a meaningful share of PITI.

You know 99153 now. You don’t know where it ranks.

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