Real Estate Investing in Asotin, Washington (99402)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 99402 (Asotin, 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: 12.3% 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 29.2 — 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 Asotin, WA (99402)?
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Market Analysis: 99402 Asotin
The 99402 ZIP in Asotin, WA is a local-operator market. Outside capital chasing a $410K entry has to pair deep knowledge with the discount.
The investment case in 99402 is substantial only for operators who understand what they are buying. A $410K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 99402 among WA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 99402 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. notable returns are possible in 99402, 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 Asotin:
Market Trends
Home Value History (with trend line)
📊 How Does 99402 Compare?
| Metric | 99402 | Asotin | Lewiston, ID-WA | Washington |
|---|---|---|---|---|
| Home Value | $410,471 | $410,471 | N/A | $591,536 |
| 5-Year CAGR | 3.7% | 3.7% | N/A | 5.9% |
| Avg Rent | $1,170 | $1,170 | N/A | - |
| 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 99402 (Asotin, WA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $410,471 |
| Monthly Rent | $1,170 |
| Price-to-Rent | 29.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 6.0% |
📈 Home Appreciation
| 1-Year | +1.0% ▲ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 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 99402
Population: 1,628
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 99402
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 Asotin, WA a good market for buy-and-hold investors?
Asotin, WA reports an investability rating of 3.0/5, with median home values near $410K and average rents around $1,170/mo. That combination puts it in the solid tier for investor interest.
How much rent can I charge in Asotin, WA?
Expect rents around $1,170/mo per month in Asotin, WA. With home values at $410K, the yield math works out to reasonable levels for rental investors.
How deep is the rental pool in Asotin, WA?
Tenant demand in Asotin, WA is solid. The local workforce $1,170/mo rents across most rental classes.
Is rental property easy to operate in Asotin, WA?
Asotin, WA operates under WA law, which is tenant-protective overall for landlords. Expect stable treatment in typical lease and eviction cases.
How quickly do rentals get leased in Asotin, WA?
Rental vacancy in Asotin, WA is elevated. Investors should budget normal turnover but not chronic empty units.
You know 99402 now. You don’t know where it ranks.
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How 99402 ranks in Lewiston, ID-WA
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