REI Lense

REI Lense

Bellingham, WA Long-Term Rental Analysis

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

Bellingham, WA Long-Term Rental Investment Snapshot

Based on 20+ long-term rental datapoints

Median Cap Rate

2.2%

Avg Cash on Cash

-19.6%

Median Cashflow

-$2,641/mo

Avg Rent Estimate

$3,068/mo

Avg Price

$831,182

Price Range

$592,900 - $1,310,000

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 Bellingham, WA

Bellingham, WA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 2.2%, 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 Bellingham, WA is -$2,641 with average rents of $3,068/month. Properties range from $592,900 to $1,310,000, offering entry points across multiple investment budgets.

3824 Briarcliffe Court, Bellingham, WA 98226

Price

$622,600

Rent

$2,650

CachFlow

-$1,924

CoC

-17.66

Full Analysis

4100 Yonkers Street, Bellingham, WA 98226

Price

$729,900

Rent

$2,031

CachFlow

-$2,593

CoC

-20.3

Full Analysis

1335 McLeod Road, Bellingham, WA 98226

Price

$722,500

Rent

$3,092

CachFlow

-$2,186

CoC

-17.29

Full Analysis

2913 Broad Street, Bellingham, WA 98225

Price

$800,000

Rent

$2,686

CachFlow

-$2,943

CoC

-21.02

Full Analysis

5335 Northwest Drive, Bellingham, WA 98226

Price

$677,100

Rent

$2,772

CachFlow

-$2,050

CoC

-17.3

Full Analysis
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Bellingham, WA Rental Market Insights

  • Median cashflow is -$2,641/month — careful deal selection is essential here
  • 2.2% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Bellingham, WA requires selective property picks
  • Premium market with properties from $592,900 to $1,310,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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