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Lake Stevens, WA | City Real Estate Market Analysis

Lake Stevens, Snohomish County, Washington
City Analysis Real Estate Market WA Snohomish County
Lake Stevens
Market Insight

Lake Stevens, WA Investment Potential Analysis

Market analysis for Lake Stevens, WA will appear here once data is available. This section will surface investment opportunities, risk assessments, neighbourhood trends, and local real estate insights specific to this market.

Avg. Home Value
🏠 Median residential property value in Lake Stevens.
0.86%
Property Tax Rate
🏛️ Effective property tax rate for this market.
$72,451
Avg. Household Income
💵 Average annual household income in the area.
28,710
Population
👥 Total city population estimate.
Unemployment Rate
📊 Local unemployment vs. national benchmark.

Lake Stevens, WA Real Estate Market Property Overview

  • Real estate market overview for Lake Stevens, WA, Snohomish County
  • Population of 28,710
  • Average household income of $72,451
  • Property tax rate of 0.86%
  • Median resident age of 33.70

Property Details

City Lake Stevens State Washington
County Snohomish Country USA
Population 28,710 Median Age 33.70
Avg. Household Income $72,451 Median Home Value N/A
Unemployment Rate N/A Property Tax Rate 0.86%
Top Industries N/A Economic Overview N/A
Coordinates 48.0024, -122.0953 Properties Listed 0

Model investment returns using Lake Stevens, WA market data as defaults

25%
5.0%
30 years
0.86%
5 years
3.0%
Down Payment Amount:$125,000
Loan Amount:$375,000
Monthly Mortgage:$2,012
Monthly Tax:$490
Total Monthly Payment:$2,502
Monthly Cash Flow:$581
Cash on Cash Return:5.6%
Cap Rate:5.0%
Debt Coverage Ratio:1.23x
IRR (5 years):8.4%
Projected Property Value:$579,637
Total Equity:$234,891
📊Monthly Payment Analysis

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💵Cash on Cash Return

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🚀Internal Rate of Return

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🏛️Property Tax Analysis

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* Calculations use Lake Stevens, WA median home value as the default purchase price. All figures are estimates only. Consult financial and legal professionals before investing.

Capital Allocation Comparison

Direct ownership vs. passive CRE platform exposure

Compare the same starting capital across two allocation paths: direct property ownership with operational responsibility, debt exposure, and single-asset concentration, versus a professionally managed REI Capital platform strategy built around institutional underwriting and a 9% target annual growth projection.

Direct Property Ownership
  • Concentrated exposure to one property and market
  • Debt service, refinancing, and rate sensitivity
  • Active leasing, vendor, and asset oversight
  • Vacancy, capex, and maintenance obligations
  • Illiquid exit process with timing risk
  • Transaction costs can compress realized returns
Projected direct ownership outcome Calculating…
VS
REI Capital Platform Exposure
  • Passive exposure without direct operator liability
  • Institutional underwriting and acquisition discipline
  • Professional asset management and reporting
  • Strategy designed to reduce single-asset concentration
  • 9% annual target growth projection for comparison
  • Curated deal flow with a passive capital framework
Projected platform exposure at 9% target Calculating…
Projected difference

Calculating the comparison…

* REI Capital Growth uses a 9% target annual growth projection for comparison only. Returns are not guaranteed and actual results may vary. Consult a financial professional before making investment decisions.

Who This Is Designed For

Built for investors evaluating passive commercial real estate exposure

REI Capital is positioned for investors who want institutional-quality underwriting, disciplined capital deployment, and real estate exposure without managing the asset directly.

Accredited Investors

Deploy capital into a professionally managed real estate strategy without taking on daily operator responsibilities.

Family Offices

Evaluate long-duration CRE exposure with an emphasis on underwriting discipline and capital preservation.

1031 Exchange Buyers

Compare direct replacement ownership against passive alternatives with reduced operational complexity.

High-Income Professionals

Access commercial real estate exposure while preserving time, focus, and liquidity for core priorities.

Where Your NOI Goes Each Month

* Distribution based on current inputs. Actual expenses may vary.

ROI Over Time: Direct Ownership vs REI Capital

* Property return uses a conservative 3.8%–4.2% annual capital appreciation assumption. REI Capital uses a 9% target projection. Returns are not guaranteed.

Deployment Scenario Analysis

Your Down Payment: Direct Ownership vs REI Capital Platform Exposure

Same starting capital. Compare a direct ownership path against passive capital deployment through REI Capital.

Direct ownership (3.8%–4.2% appreciation) REI Capital (9% target)

* "Direct ownership" shows the same down payment growing at the selected 3.8%–4.2% annual capital appreciation rate. "REI Capital" shows the same down payment growing at 9% annual target. Returns are not guaranteed.

Allocation Rationale

Why sophisticated investors choose passive CRE exposure

Direct ownership can be powerful, but it also concentrates capital, time, and execution risk into one asset. Passive CRE exposure helps investors participate in professionally managed real estate strategies while reducing the operational burden of owning the property themselves.

  • Professional underwriting before capital deployment
  • Reduced exposure to single-asset operational demands
  • Access to institutional sourcing and asset management
  • Passive framework built for long-term capital strategy
  • Clearer comparison against direct ownership costs
  • Time-efficient exposure for qualified investors
Investor Materials

A more efficient way to deploy capital

The analysis above is only the starting point. Review the REI Capital investment materials to understand the acquisition strategy, underwriting framework, risk controls, and investor onboarding process behind the 9% target projection.

  • Acquisition strategy & deal flow
  • Underwriting and risk framework
  • Platform team and execution process
  • Investor qualification and next steps
Access Investment Materials

For qualified investors · Private overview · PDF access

Investment Due Diligence For Lake Stevens, WA Income Property

Key questions for informed investment decisions

What is the overall investment potential of Lake Stevens, WA? +
The combination of a relatively low poverty rate of 6.8%, high health insurance coverage of 93.3%, and a strong median household income of $72,451 suggests a stable and attractive market for real estate investment in Lake Stevens, WA. The top industries, including Manufacturing, Public Administration, and Construction, also indicate a diverse economy. With a median property value of $246,900 and a homeownership rate of 74.3%, the market shows potential for both rental and ownership opportunities.
How does the demographic diversity of Lake Stevens impact the rental market? +
The ethnic diversity of Lake Stevens, with top ethnicities including White, White Non-Hispanic, and Hispanic, suggests a potentially vibrant and inclusive rental market. Combined with an average commute time of 32.3 minutes and a high rate of health insurance coverage, the market may attract a wide range of renters. The foreign-born rate of 7.4% also indicates a degree of cultural diversity that could support demand for rental properties.
What are the key factors influencing the quality of life for residents and tenants in Lake Stevens? +
The average commute time of 32.3 minutes, top commute methods including driving alone and working from home, and a high health insurance coverage rate of 93.3% all contribute to a relatively high quality of life in Lake Stevens. Additionally, the median household income of $72,451 and a poverty rate of 6.8% suggest a stable economic environment, which can positively impact tenant quality and retention.
How does the local economy and industry diversity impact real estate investment in Lake Stevens? +
The diversity of top industries in Lake Stevens, including Manufacturing, Public Administration, and Construction, indicates a resilient local economy. This diversity, combined with a median household income of $72,451 and an employed population of 13,746, suggests a strong potential for rental income stability and property appreciation. The GINI coefficient of 0.362 also indicates a relatively low level of income inequality, which can contribute to a more stable market.
What role do property values, taxes, and homeownership rates play in the investment potential of Lake Stevens? +
The median property value of $246,900, median property taxes of $7,265, and a homeownership rate of 74.3% in Lake Stevens suggest a balanced housing market with opportunities for both investors and homeowners. The relatively high homeownership rate may indicate a strong sense of community, which can positively impact property values and rental demand. Additionally, the median property taxes, while significant, are manageable in the context of the overall property values and median household income.
What are some of the best neighborhoods to live in Lake Stevens? +
Some of the best neighborhoods to live in Lake Stevens include Westview Ridge, Highlands, Stevens Creek, Skyline, Sunnycrest, Highland, Hillcrest, Glenwood, and Mt. Pilchuck. These neighborhoods are known for their beautiful views, community spirit, and family-friendly atmosphere.
What are some fun things to do in Lake Stevens? +
There are plenty of fun things to do in Lake Stevens, including visiting the Lake Stevens Historical Museum, Lake Stevens Community Park, and Lundeen Park. You can also enjoy watersports, attend the Aquarun, a carnival and circus, a car show, and evening fireworks. Additionally, the city has a variety of programs and activities, such as teaching crafts or sharing knowledge with others.
What is the food scene like in Lake Stevens? +
The food scene in Lake Stevens is diverse and exciting, with a range of restaurants to choose from, including Conto's Pizza & Pasta, LJ's Bistro & Bar, Dwellers Drinkery, and Francisco's Kitchen & Cantina. There are also plenty of great food trucks and other dining options available. From Italian to Mexican cuisine, you can find something to suit your taste.
What are the pros and cons of living in Lake Stevens? +
The pros of living in Lake Stevens include its beautiful views, community spirit, and family-friendly atmosphere. The city also has a lower overall crime rate compared to the national average. However, some cons include the potential for traffic and commute time, as well as the need for more diverse dining and entertainment options. Overall, Lake Stevens is a great place to live for those who value a strong sense of community and outdoor activities.
Is Lake Stevens a good place to live? +
Yes, Lake Stevens is a good place to live, offering a unique blend of natural beauty, community spirit, and small-town charm. While it may have some drawbacks, the city's pros outweigh its cons, making it an attractive option for families, outdoor enthusiasts, and those looking for a relaxed pace of life.

Things Near Lake Stevens, WA

Metro Center Station

0.2 miles

Grand Central Market

0.4 miles

About Lake Stevens

Lake Stevens, WA is a stable investment market with a median household income of $72,451 and relatively low poverty rate of 6.8%. This market tends to attract families and individuals with a median age of 33.7, who value the area's high homeownership rate of 74.3% and relatively affordable median property value of $246,900. The top industries in the area, including manufacturing, public administration, and construction, provide a diverse range of employment opportunities for the 13,746 employed population. However, the 6.8% poverty rate and 0.362 GINI coefficient suggest some income inequality, which could impact investment returns. The area's ethnic diversity, with 44.2% White, 40.8% White Non-Hispanic, and 5.7% Hispanic, contributes to a vibrant community. With an average commute time of 32.3 minutes and 93.3% of the population having health insurance, the quality of life in Lake Stevens is relatively high. The foreign-born rate of 7.4% and high school graduation rate of 92.2% also indicate a well-educated and diverse population. Overall, Lake Stevens presents a mix of opportunities and challenges for investors, with its strong economy and high quality of life balanced by some income inequality and poverty. The commute time distribution, with 43.2% of commuters traveling 30-59 minutes, may also impact investment decisions. Nevertheless, with a comprehensive understanding of the area's demographics, economy, and quality of life, investors can make informed decisions about this market.

Population 28,710
Median Age 33.70
Avg. Household Income $72,451
Investor Materials

Access the REI Capital investment overview

Review the acquisition strategy, underwriting framework, risk considerations, and investor onboarding process in one private PDF.

Access Investment Materials