What is the rental yield in Cascade, Seattle, Washington?

Cascade in Seattle, Washington has a gross yield of 3.3. That sits alongside a Red Flag score of 35, walkability of 99, and education in the 85th percentile. The price trend is down 12.3% over the past year, which is important context for yield-focused comparisons.

What are the main strengths of Cascade in Seattle, Washington?

Cascade in Seattle, Washington is strongest on walkability, with a score of 99, and on school-district test-score performance, with education in the 85th percentile. It also has a 3.3 gross yield and a Red Flag score of 35, while pricing is in line with Seattle.

What are the main risks in Cascade, Seattle, Washington?

Cascade in Seattle, Washington’s main risk is the 12.3% decline over the past year. The Red Flag score is 35, which is moderate, but the yield is 3.3 rather than high. Pricing is in line with Seattle and 66% above Washington, so recent momentum is the key watchpoint.

Neighborhood

Cascade

Seattle, Washington US

Cascade in Seattle, Washington is a near-market-priced neighborhood with a 3.3 gross yield, a Red Flag score of 35, walkability of 99, and education in the 85th percentile. It stands out for very strong walkability and above-average school-district test-score performance, while the main risk is the 12.3% price decline over the past year, which may signal weaker recent momentum despite pricing that is in line with the city and 66% above the state.

AI Summary•Updated May 2026

Area

0.94 mi²

ZIP Code

98109

County

King County

State

Washington

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesEPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$874,740

YoY-12.3%

Gross Rental Yield

3.3%

Listed rent · ZORI annualized

Red Flag Index

Low

35 / 100

Walkability Score

Walker's Paradise

OpenStreetMap POI density · national percentile

Education Score

85 / 100

Excellent · better than 85% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

Cascade Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Cascade, Seattle.

Unlock the Cascade 12-month price trend

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$874,740	-12.3%
Price / Sq Ft (Verified)	$583/sqft	+0.9%
Asking Rent (Median)	$2,429/mo	-4.7%
Gross Rental Yield	3.3%	—
Liquidity Score	26 / 100	Low
Homes Sold (Period)	63	+10.5%

Is Cascade Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Washington crime context.

Red Flag Breakdown

35 / 100

Low Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Earthquake100Very High

Heat40Moderate

Flood20Low

Wildfire20Low

Tornado20Low

Strong Wind20Low

Hail20Low

Hurricanen/an/a

7/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Washington averaged 27.9 crimes and 3.3 violent per 1,000 residents (-13.0% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Highly walkable neighborhood — score 99/100

Low natural-hazard risk — 35/100 composite

Active transaction volume — 63 homes sold last period

Dense amenities — 235 dining & 26 grocery options nearby

Earthquake risk is Very High (100/100)

Insights are generated from Cascade's live DistrictScore metrics.

Cascade Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Washington-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Washington Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	27.9	3.3	-13.0%
2023	32.5	3.6	-12.5%
2022	37.5	3.8	+11.9%
2021	33.7	3.4	+12.1%
2020	30.3	2.9	+0.9%
2019	30.3	3.0	—

Reported at the state level — the finest official US crime aggregation; Cascade inherits the Washington figures.

Radon Potential

EPA

Zone 3

Zone 3 — Lowest potential · Cascade

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Superfund (NPL)4.0 kmModerate

Industrial odor4 nearbyVery High

Aviation noise47 dBVery Low

Point-source screening near Cascade: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Cascade

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

99

Walker's Paradise

Walkability Score

26

Grocery

235

Dining

11

Schools

6

Universities

9

Hospitals

3

Pharmacies

50

Parks

21

Rail Transit

2

Coworking

POI counts are amenities within Cascade's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Cascade vs Seattle vs Washington

How Cascade benchmarks against its city and state medians.

Benchmark vs City & State

Across Cascade, the median sale price sits in line with the median for Seattle neighborhoods and about 66% above the statewide median. Gross rental yield is 3.3%, against 2.8% for Seattle neighborhoods and 4.0% statewide. Over the past 12 months, prices fell 12.3%. Transaction liquidity sits below the median for Seattle neighborhoods and below the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Cascade	$583/sqft	3.3%	26
Seattle	$578/sqft	2.8%	34
Washington	$352/sqft	4.0%	32

Unlock the Cascade benchmark

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Buying Property in the US as a Foreigner

Federal & Washington tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.74% average effective rate (statewide average; set and collected locally).

State Income Tax

No state income tax — rental income is not taxed at the state level.

State Capital Gains

No general income tax; the 7% capital gains tax exempts real estate.

Transfer Tax

Real estate transfer tax: REET graduated 1.1-3% (mansion-style).

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

Statewide rent control caps rent increases (HB 1217; 9.683% max for 2026); transfer tax is mansion-style.

US citizens & tax residents6

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Washington property-tax guidance for foreign buyers

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Cascade Real Estate FAQ

Cascade in Seattle, Washington shows a 3.3 gross yield, a Red Flag score of 35, walkability of 99, and education in the 85th percentile. Pricing is in line with Seattle and 66% above Washington, while values are down 12.3% over the past year, so the recent trend is the main caution.

Neighborhoods near Cascade

Compare Cascade with nearby neighborhoods in Seattle.

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