Real Estate Investing in Prosser, Washington (99350)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 99350 (Prosser, 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.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Prosser, WA (99350)?
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Market Analysis: 99350 Prosser
On the rental side, ZIP 99350 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $426K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 99350 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within WA, ZIP 99350 trails on several market indicators that neighboring Benton County submarkets outperform. The gap is real and resilient enough to shape underwriting.
A impressive renter share of 37% in 99350 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 99350 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Prosser:
Property Strategy for 99350
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $304,625 | $1,360 | 3.2% | +5.6% | $152,313 |
| 3BR | $384,405 | $1,810 | 3.4% | +5.2% | $128,135 |
| 4BR | $528,411 | $2,090 | 2.8% | +5.8% | $132,103 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 99350 Compare?
| Metric | 99350 | Prosser | Kennewick-Richland, WA | Washington |
|---|---|---|---|---|
| Home Value | $426,178 | $426,178 | N/A | $591,536 |
| 5-Year CAGR | 3.0% | 3.0% | N/A | 5.9% |
| Avg Rent | $1,470 | $1,470 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 99350 (Prosser, WA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $426,178 |
| Monthly Rent | $1,470 |
| Price-to-Rent | 24.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 99350
Population: 14,278
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 99350
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
What are home prices like in Prosser, WA?
Homes in Prosser, WA typically sell near $426K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
Are renters plentiful in Prosser, WA?
The tenant pool in Prosser, WA is solid, supported by local employment and population fundamentals. Rents of $1,470/mo are well-absorbed by the market.
Which investment style suits Prosser, WA?
Most investors in Prosser, WA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How strict are landlord regulations in Prosser, WA?
Prosser, WA falls under WA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
What kind of vacancy should I budget for in Prosser, WA?
Expect elevated vacancy in Prosser, WA. Rents at $1,470/mo are absorbed by the tenant base without meaningful lag.
You know 99350 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 99350 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 99350 ranks in Kennewick-Richland, WA
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