What is the rental yield in Redondo, Des Moines, Washington?

The gross yield in Redondo, Des Moines, Washington is 4.2. That sits alongside prices that are in line with Des Moines and about 3% above Washington, plus a Red Flag score of 69. Over the past year, prices increased 1.2%.

How does Redondo, Des Moines, Washington compare to Washington?

Redondo, Des Moines, Washington is priced about 3% above Washington while remaining in line with Des Moines. It has a gross yield of 4.2, a Red Flag score of 69, walkability of 10, and education in the 33rd percentile. Prices rose 1.2% over the past year.

Neighborhood

Redondo

Des Moines, Washington US

Redondo, Des Moines, Washington has a mixed investment profile, combining a gross yield of 4.2 with a Red Flag score of 69. Prices are in line with Des Moines and about 3% above Washington, while values have risen 1.2% over the past year. Walkability is 10, and education is in the 33rd percentile, which may limit some buyer appeal relative to higher-scoring neighborhoods.

AI Summary•Updated May 2026

Area

0.33 mi²

ZIP Code

98198

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

$574,829

YoY+1.2%

Gross Rental Yield

4.2%

Listed rent · ZORI annualized

Red Flag Index

High

69 / 100

Walkability Score

Minimal

OpenStreetMap POI density · national percentile

Education Score

33 / 100

Limited · better than 33% of U.S. districts

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

AI Score

Fair

DistrictScore attractiveness · national model

Redondo Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Redondo, Des Moines.

Unlock the Redondo 12-month price trend

See the full Verified vs Listed price history — free with a DistrictScore account.

Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$574,829	+1.2%
Price / Sq Ft (Verified)	$364/sqft	+6.9%
Asking Rent (Median)	$2,007/mo	+2.0%
Gross Rental Yield	4.2%	—
Liquidity Score	31 / 100	Low
Homes Sold (Period)	90	-4.3%

Is Redondo Safe? Natural-Hazard Risk

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

Red Flag Breakdown

69 / 100

High Risk

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

Flood100Very High

Earthquake100Very High

Wildfire80Very High

Heat60High

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.

Unlock the full risk report for Redondo

Tract-level hazard heatmap & parcel detail with Pro

Unlock the Redondo hazard breakdown

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

What Stands Out AI Insight

Active transaction volume — 90 homes sold last period

Flood risk is Very High (100/100)

Earthquake risk is Very High (100/100)

Insights are generated from Redondo's live DistrictScore metrics.

Redondo 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; Redondo inherits the Washington figures.

Radon Potential

EPA

Zone 3

Zone 3 — Lowest potential · Redondo

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)3.1 kmModerate

Industrial odor1 nearbyVery High

Aviation noise56 dBLow

Point-source screening near Redondo: 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 Redondo

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

10

Minimal

Walkability Score

0

Grocery

1

Dining

1

Schools

0

Universities

0

Hospitals

0

Pharmacies

1

Parks

0

Rail Transit

0

Coworking

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

Redondo vs Des Moines vs Washington

How Redondo benchmarks against its city and state medians.

Benchmark vs City & State

Across Redondo, the median sale price sits in line with the median for Des Moines neighborhoods and about 3% above the statewide median. Gross rental yield is 4.2%, against 4.2% for Des Moines neighborhoods and 4.0% statewide. Over the past 12 months, prices rose 1.2%. Transaction liquidity sits in line with the median for Des Moines neighborhoods and in line with the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Redondo	$364/sqft	4.2%	31
Des Moines	$364/sqft	4.2%	31
Washington	$352/sqft	4.0%	32

Unlock the Redondo benchmark

Compare Redondo against Des Moines and Washington medians — free with a DistrictScore account.

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

Latest Des Moines Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

Household real estate wealth hits record $48.7 trillion

Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Redondo Real Estate FAQ

Redondo, Des Moines, Washington shows a mixed profile rather than a clear standout. It has a gross yield of 4.2 and prices are in line with Des Moines and about 3% above Washington, while the Red Flag score is 69. Values have risen 1.2% over the past year.

Neighborhoods near Redondo

Compare Redondo with nearby neighborhoods in Des Moines.

Unlock deeper insights on Redondo

Deeper data. Smarter decisions. Stronger returns.

Full Risk Reports

Tract-level hazards

Investment Score

AI-driven analysis

Export & Reports

PDF & Excel

Priority Support

Fast-track help

Get Pro Access7-day free trial. Cancel anytime.