Real Estate Investing in Northport, Washington (99157)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 99157 (Northport, 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: 23.3% 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 Northport, WA (99157)?
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Market Analysis: 99157 Northport
ZIP 99157 in Northport, WA carries a robust set of headwinds. Home values near $261K and rents of $891/mo sit inside a market where underwriting has to be tight.
The investment case in 99157 is substantial only for operators who understand what they are buying. A $261K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 99157's metrics run below Stevens County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 99157 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 99157 is an operator game, not a passive one. From an investor standpoint, entry prices of $261K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Northport:
Market Trends
Home Value History (with trend line)
📊 How Does 99157 Compare?
| Metric | 99157 | Northport | Spokane-Spokane Valley, WA | Washington |
|---|---|---|---|---|
| Home Value | $260,503 | $260,503 | N/A | $591,536 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 5.9% |
| Avg Rent | $891 | $891 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 99157 (Northport, WA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $260,503 |
| Monthly Rent | $891 |
| Price-to-Rent | 24.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 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 (2.7%). 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.
Demographics in 99157
Population: 719
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 99157
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
Is Northport in WA worth investing in?
Northport, WA registers an investability rating of 3.0/5, with median home values near $261K and average rents around $891/mo. That combination puts it in the notable tier for investor interest.
Is Northport, WA better for rentals, flips, or BRRRR?
In Northport, WA the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $261K prices and $891/mo rents suits that approach.
How strong are rents in Northport, WA?
Rental rates in Northport, WA average $891/mo. Tenant demand and $261K home values make the yield look reasonable by investor standards.
How viable is house hacking in Northport, WA?
For house hackers, Northport, WA is a challenging. The $891/mo rent on a unit helps defray the mortgage on a $261K property.
Is the tenant base reliable in Northport, WA?
Expect a solid tenant pool in Northport, WA. The rental market absorbs $891/mo rents without meaningful friction.
You know 99157 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 99157 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 99157 ranks in Spokane-Spokane Valley, WA
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