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Normandy Park, WA | City Real Estate Market Analysis

Normandy Park, King County, Washington
City Analysis Real Estate Market WA King County
Normandy Park
Market Insight

Normandy Park, WA Investment Potential Analysis

Market analysis for Normandy Park, 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 Normandy Park.
1.20%
Property Tax Rate
🏛️ Effective property tax rate for this market.
$84,679
Avg. Household Income
💵 Average annual household income in the area.
6,432
Population
👥 Total city population estimate.
Unemployment Rate
📊 Local unemployment vs. national benchmark.

Normandy Park, WA Real Estate Market Property Overview

  • Real estate market overview for Normandy Park, WA, King County
  • Population of 6,432
  • Average household income of $84,679
  • Property tax rate of 1.20%
  • Median resident age of 46.70

Property Details

City Normandy Park State Washington
County King Country USA
Population 6,432 Median Age 46.70
Avg. Household Income $84,679 Median Home Value N/A
Unemployment Rate N/A Property Tax Rate 1.20%
Top Industries N/A Economic Overview N/A
Coordinates 47.4342, -122.3436 Properties Listed 0

Model investment returns using Normandy Park, WA market data as defaults

25%
5.0%
30 years
1.20%
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 Normandy Park, 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 Normandy Park, WA Income Property

Key questions for informed investment decisions

What's the overall investment outlook for Normandy Park, WA? +
With a median household income of $84,679 and a low poverty rate of 3.9%, Normandy Park presents a stable investment market, further reinforced by its high health insurance coverage of 94.3% and relatively short average commute time of 22.5 minutes, indicating a reliable and healthy workforce.
How does the ethnic diversity and industry mix impact the local real estate market? +
The top ethnicities, including White and White Non-Hispanic, contribute to a diverse community, while the dominant industries such as Professional, Scientific, & Management, and Information services, suggest a strong, educated workforce, which, combined with the low poverty rate and high health insurance coverage, points to a stable tenant base.
What role does commute time and method play in assessing the quality of life for potential tenants? +
The average commute time of 22.5 minutes, coupled with the prevalence of driving alone, working from home, and carpooling, indicates a flexible and manageable commute, enhancing the quality of life for residents, which is further supported by the high median household income and low poverty rate, making Normandy Park an attractive location for renters.
How do property values, taxes, and homeownership rates influence the investment potential of Normandy Park? +
The median property value of $463,900, paired with a median property tax of $1,939 and a high homeownership rate of 74.6%, suggests a strong, stable housing market, which, when considered alongside the low poverty rate of 3.9% and the high health insurance coverage of 94.3%, indicates a favorable environment for real estate investment, with potential for long-term appreciation.
What insights can be gleaned from the income inequality and employment data for real estate investors? +
The GINI coefficient of 0.441, while indicating some level of income inequality, is balanced by the significant employed population of 3,123 and the top industries driving employment, suggesting a robust local economy, which, combined with the low poverty rate and high health insurance coverage, points to a market with stable demand for housing, making it an attractive location for investors seeking reliable returns.
What are some of the best neighborhoods to live in Normandy Park? +
Some of the best neighborhoods to live in Normandy Park include the northwest parts of the city, which tend to be more desired and have higher median house prices, around $722,002. However, more affordable homes can be found in the southwest regions. Neighborhoods like Marine View Park and Three Tree Point Beach are also popular for their scenic views and outdoor activities.
What are some fun things to do in Normandy Park? +
There are plenty of fun things to do in Normandy Park, such as visiting the Marine View Park, going to the Normandy Park Farmer's Market, or exploring the nearby Des Moines Waterfront Farmers Market. You can also check out the events and activities at the Tin Room, a historic building with a cozy bar area and a variety of American favorites. Additionally, the city hosts various events throughout the year, such as the Owl Prowl at Marine View Park and the Women’s Adventure Film Tour.
What is the food scene like in Normandy Park? +
The food scene in Normandy Park is diverse and offers a range of options, from American favorites to Vietnamese cuisine. Some popular restaurants include the Tin Room, Rose Pho, and Burien Bakery Nouveau. You can also find great steaks and seafood at places like Spencer's For Steaks & Chops and Copperleaf Restaurant & Bar. There are also plenty of great food trucks and delivery options available through services like Uber Eats.
What are the pros and cons of living in Normandy Park? +
The pros of living in Normandy Park include its strong sense of community, scenic views, and outdoor activities. The city also has a low poverty rate and a high median household income. However, some cons include the high cost of living, with median house prices around $722,002, and the fact that the city is relatively small. Additionally, some residents have mentioned that the city can be quite quiet and may not have as many entertainment options as larger cities.
Is Normandy Park a good place to live? +
Overall, Normandy Park is a great place to live for those who value a strong sense of community, scenic views, and outdoor activities. While it may have some drawbacks, such as a high cost of living and limited entertainment options, the city's pros outweigh its cons for many residents. With its low poverty rate, high median household income, and diverse food scene, Normandy Park is an attractive option for those looking for a suburban lifestyle with easy access to nearby cities like Seattle.

Things Near Normandy Park, WA

Metro Center Station

0.2 miles

Grand Central Market

0.4 miles

About Normandy Park

Normandy Park, WA is a stable investment market with a median household income of $84,679 and relatively low poverty rate of 3.9%. This market tends to attract professionals and families due to its high median property value of $463,900 and strong health insurance coverage rate of 94.3%. The top industries in the area, including professional and scientific services, information, and public administration, suggest a diverse and resilient economy. However, the GINI coefficient of 0.441 indicates some income inequality, which could impact investment decisions. The average commute time of 22.5 minutes is relatively short, and the fact that 74.6% of residents own their homes suggests a strong sense of community. The population of 6,432 is predominantly white, with 45.4% identifying as white and 43.6% as white non-Hispanic. The median age of 46.7 is slightly higher than average, which could impact the local economy and investment opportunities. Overall, Normandy Park presents a solid investment opportunity, but it's essential to consider the potential risks and challenges, including the relatively high median property taxes of $1,939. With a strong economy and high quality of life, Normandy Park is an attractive option for investors looking for a stable and diverse market.

Population 6,432
Median Age 46.70
Avg. Household Income $84,679
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