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 10+ datapoints.

Bellingham, WA Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

3.3%

Avg Cash on Cash

-15.7%

Median Cashflow

-$1,669/mo

Avg Rent Estimate

$3,131/mo

Avg Price

$777,645

Price Range

$398,400 - $1,447,400

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 Bellingham, WA

Bellingham, WA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.3%, 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 10+ analyzed properties, the median monthly cashflow in Bellingham, WA is -$1,669 with average rents of $3,131/month. Properties range from $398,400 to $1,447,400, offering entry points across multiple investment budgets.

3454 Noah's Way, Bellingham, WA 98226

Price

$1,304,700

Rent

$3,880

CachFlow

-$4,897

CoC

-21.45

Full Analysis

3671 Harnden Drive, Bellingham, WA 98226

Price

$949,000

Rent

$2,884

CachFlow

-$3,549

CoC

-21.37

Full Analysis

1 Rosebud Place, Bellingham, WA 98229

Price

$694,000

Rent

$3,707

CachFlow

-$1,669

CoC

-13.74

Full Analysis

74 N Point Drive, Bellingham, WA 98229

Price

$524,100

Rent

$2,805

CachFlow

-$1,250

CoC

-13.63

Full Analysis

1205 Humboldt Street, Bellingham, WA 98225

Price

$500,300

Rent

$1,980

CachFlow

-$1,489

CoC

-17.01

Full Analysis
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Bellingham, WA Rental Market Insights

  • Median cashflow is -$1,669/month — careful deal selection is essential here
  • 3.3% 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 $398,400 to $1,447,400
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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