REI Lense

REI Lense

Bainbridge Island, WA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Bainbridge Island, WA. Based on 20+ datapoints.

Bainbridge Island, WA Long-Term Rental Investment Snapshot

Based on 20+ long-term rental datapoints

Median Cap Rate

2.5%

Avg Cash on Cash

-17.9%

Median Cashflow

-$3,969/mo

Avg Rent Estimate

$4,915/mo

Avg Price

$1,239,929

Price Range

$863,700 - $1,764,500

Rent to Price

0.4%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Bainbridge Island, WA

Bainbridge Island, WA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 2.5%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 20+ analyzed properties, the median monthly cashflow in Bainbridge Island, WA is -$3,969 with average rents of $4,915/month. Properties range from $863,700 to $1,764,500, offering entry points across multiple investment budgets.

7750 NE Bergman Road, Bainbridge Island, WA 98110

Price

$1,177,300

Rent

$3,642

CachFlow

-$4,438

CoC

-21.54

Full Analysis

2484 Soundview Drive NE, Bainbridge Island, WA 98110

Price

$1,124,400

Rent

$4,669

CachFlow

-$3,223

CoC

-16.38

Full Analysis

5858 Crystal Springs Drive NE, Bainbridge Island, WA 98110

Price

$3,440,800

Rent

$5,403

CachFlow

-$16,543

CoC

-27.47

Full Analysis

11220 NE Parkhill Place, Bainbridge Island, WA 98110

Price

$863,700

Rent

$3,391

CachFlow

-$2,574

CoC

-17.03

Full Analysis

15153 Sunrise Drive NE, Bainbridge Island, WA 98110

Price

$1,402,500

Rent

$4,626

CachFlow

-$4,933

CoC

-20.1

Full Analysis
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Bainbridge Island, WA Rental Market Insights

  • Median cashflow is -$3,969/month — careful deal selection is essential here
  • 2.5% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Bainbridge Island, WA requires selective property picks
  • Premium market with properties from $863,700 to $1,764,500
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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