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Moses Lake, WA | City Real Estate Market Analysis

Moses Lake, Grant County, Washington
City Analysis Real Estate Market WA Grant County
Moses Lake
Market Insight

Moses Lake, WA Investment Potential Analysis

Market analysis for Moses Lake, 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 Moses Lake.
0.79%
Property Tax Rate
🏛️ Effective property tax rate for this market.
$47,721
Avg. Household Income
💵 Average annual household income in the area.
20,757
Population
👥 Total city population estimate.
Unemployment Rate
📊 Local unemployment vs. national benchmark.

Moses Lake, WA Real Estate Market Property Overview

  • Real estate market overview for Moses Lake, WA, Grant County
  • Population of 20,757
  • Average household income of $47,721
  • Property tax rate of 0.79%
  • Median resident age of 32.10

Property Details

City Moses Lake State Washington
County Grant Country USA
Population 20,757 Median Age 32.10
Avg. Household Income $47,721 Median Home Value N/A
Unemployment Rate N/A Property Tax Rate 0.79%
Top Industries N/A Economic Overview N/A
Coordinates 47.1279, -119.2759 Properties Listed 0

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

25%
5.0%
30 years
0.79%
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 Moses Lake, 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 Moses Lake, WA Income Property

Key questions for informed investment decisions

What is the overall investment potential of Moses Lake, WA, considering its demographic and economic factors? +
Moses Lake, WA, with a population of 20,757 and a median age of 32.1, presents a unique investment opportunity, especially considering its top industries such as Finance & Insurance, and Real Estate & Rental & Leasing, which can drive demand for housing. The city's median household income of $47,721, combined with a relatively low poverty rate of 13.4% and high health insurance coverage of 90.4%, suggests a stable and employed population, making it an attractive market for real estate investors. Additionally, the diverse ethnic makeup, including White, White Non-Hispanic, and Hispanic populations, contributes to a vibrant community.
How does the commute time and transportation infrastructure impact the quality of life and attractiveness of Moses Lake, WA, for renters and investors? +
The average commute time of 16.8 minutes in Moses Lake, WA, is significantly lower than many other cities, indicating a well-planned transportation infrastructure that supports a high quality of life. This, coupled with the top commute methods being driving alone, carpooling, and working from home, suggests flexibility and convenience for residents. For investors, this means that properties in Moses Lake could attract a wide range of tenants seeking ease of transportation and a better work-life balance, potentially increasing demand and rental yields.
What role does ethnic diversity and the presence of top industries play in assessing market demand and stability in Moses Lake, WA? +
The ethnic diversity in Moses Lake, WA, with significant White, White Non-Hispanic, and Hispanic populations, contributes to a culturally rich and potentially resilient market. The presence of top industries such as Finance & Insurance, Real Estate & Rental & Leasing, and Public Administration indicates a diversified economy that can support a stable housing market. This diversity and economic mix can attract a broad range of professionals and families, thereby enhancing market demand and reducing the risk of market fluctuations for real estate investors.
How do poverty rates, health insurance coverage, and median household income influence the assessment of tenant quality and market stability in Moses Lake, WA? +
The combination of a 13.4% poverty rate, 90.4% health insurance coverage, and a median household income of $47,721 in Moses Lake, WA, suggests a market with a significant portion of the population having access to healthcare and a stable income. This indicates a potential for reliable tenants who are more likely to meet rental obligations, contributing to market stability and reducing investor risk. Furthermore, the relatively low poverty rate and high health insurance coverage rate are positive indicators of the overall well-being and employment stability of the population, which can support long-term rental income and property appreciation.
In what ways do the median property value, property taxes, and homeownership rate in Moses Lake, WA, impact real estate investment decisions? +
The median property value of $152,800 and median property taxes of $4,324 in Moses Lake, WA, offer investors a relatively affordable entry point into the real estate market, with manageable tax obligations. The homeownership rate of 56.6% suggests a balance between owner-occupied and rental properties, which can be beneficial for investors looking to capitalize on rental income without overwhelming the market. This balance, along with the city's economic and demographic factors, makes Moses Lake an attractive location for real estate investment, potentially offering a mix of appreciation and rental yield over time.
What are some of the best neighborhoods to live in Moses Lake? +
Some of the best neighborhoods to live in Moses Lake include Moses Lake North, The Basin, and Peninsula. These neighborhoods offer a range of housing options and are considered to be desirable areas to live in the city. Moses Lake North is known for its friendly community, while The Basin offers a more rural feel. Peninsula is a popular choice for those looking for a mix of housing options and amenities.
What are some fun things to do in Moses Lake? +
There are plenty of fun things to do in Moses Lake, including visiting the Surf 'n Slide Water Park, exploring the Potholes State Park, and checking out the Moses Lake Museum & Art Center. You can also visit the Japanese Peace Garden, go for a walk at Blue Heron Park, or take a ride at A Ride in the Park. For outdoor enthusiasts, there's also the Drumheller Channels National Natural Landmark and Columbia Park.
What is the food scene like in Moses Lake? +
The food scene in Moses Lake is diverse, with a range of options to suit different tastes and budgets. Some popular restaurants include Michael's on the Lake, Michael's Market & Bistro, Rock Top Burgers & Brews, and El Rodeo. You can also find great Mexican food at places like Tacos El Rey Taqueria and Inca's. There are also plenty of great food trucks and cafes to try, such as Red Door Cafè and Oishii Ramen & Poke.
What are the pros and cons of living in Moses Lake? +
Living in Moses Lake has its pros and cons. On the plus side, the city offers a range of outdoor recreational activities, a growing economy, and a relatively low cost of living. However, some residents have noted that the city's infrastructure is still developing, and there may be limited job opportunities in certain fields. Additionally, the city's rapid growth has put a strain on some of its resources. Overall, whether or not Moses Lake is a good fit for you will depend on your individual priorities and preferences.
Is Moses Lake a good place to live? +
Moses Lake can be a good place to live for those who value outdoor recreation, a small-town feel, and a relatively low cost of living. The city is growing and developing, with new businesses and amenities opening up all the time. However, it's not without its challenges, and some residents may find that the city's limited job opportunities and infrastructure issues are drawbacks. Ultimately, whether or not Moses Lake is a good place to live will depend on your individual needs and priorities. It's worth doing your research and visiting the city to get a sense of whether it's a good fit for you.

Things Near Moses Lake, WA

Metro Center Station

0.2 miles

Grand Central Market

0.4 miles

About Moses Lake

Moses Lake, WA is a city that tends to attract investors due to its relatively high median household income of $47,721 and a homeownership rate of 56.6%. The population of 20,757, with a median age of 32.1, suggests a stable and growing community. However, the 13.4% poverty rate suggests some risk, and the fact that 17.1% of the population is foreign-born may present some challenges in terms of language barriers and cultural differences. The top industries in the area, including finance and insurance, public administration, and agriculture, provide a diverse range of employment opportunities. The average commute time of 16.8 minutes is relatively short, and the fact that 90.4% of the population has health insurance coverage is a positive indicator of the overall quality of life. The city's ethnic diversity, with 37.1% of the population identifying as White, 30.0% as White Non-Hispanic, and 18.0% as Hispanic, adds to its cultural richness. Despite the opportunities, the city's poverty rate and relatively low high school graduation rate of 83.2% are concerns that need to be addressed. Overall, Moses Lake, WA presents a mixed picture, with both opportunities and challenges that investors should carefully consider. The city's median property value of $152,800 and median property taxes of $4,324 are relatively affordable, making it an attractive option for those looking to invest in the area.

Population 20,757
Median Age 32.10
Avg. Household Income $47,721
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