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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 15+ datapoints.

Bainbridge Island, WA Long-Term Rental Investment Snapshot

Based on 15+ long-term rental datapoints

Median Cap Rate

2.4%

Avg Cash on Cash

-17.8%

Median Cashflow

-$3,753/mo

Avg Rent Estimate

$4,834/mo

Avg Price

$1,298,611

Price Range

$924,800 - $1,858,000

Rent to Price

0.37%

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 2.4%, 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 15+ analyzed properties, the median monthly cashflow in Bainbridge Island, WA is -$3,753 with average rents of $4,834/month. Properties range from $924,800 to $1,858,000, offering entry points across multiple investment budgets.

8395 NE Oddfellows, Bainbridge Island, WA 98110

Price

$1,250,000

Rent

$4,521

CachFlow

-$3,969

CoC

-18.14

Full Analysis

4560 ISLAND Avenue, Bainbridge Island, WA 98110

Price

$1,858,000

Rent

$6,710

CachFlow

-$6,006

CoC

-18.47

Full Analysis

13893 John Street NE, Bainbridge Island, WA 98110

Price

$1,295,000

Rent

$3,566

CachFlow

-$4,885

CoC

-21.56

Full Analysis

5128 Rockaway Beach Road NE, Bainbridge Island, WA 98110

Price

$7,134,000

Rent

$4,224

CachFlow

-$39,097

CoC

-31.32

Full Analysis

14864 Sivertson Road NE, Bainbridge Island, WA 98110

Price

$1,064,500

Rent

$4,402

CachFlow

-$3,050

CoC

-16.37

Full Analysis
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Bainbridge Island, WA Rental Market Insights

  • Median cashflow is -$3,753/month — careful deal selection is essential here
  • 2.4% 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 $924,800 to $1,858,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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