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 30+ datapoints.
Bellingham, WA Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
2.8%
Avg Cash on Cash
-19%
Median Cashflow
-$2,082/mo
Avg Rent Estimate
$3,061/mo
Avg Price
$773,244
Price Range
$400K – $1.5M
approximate
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 2.8%, 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 30+ analyzed properties, the median monthly cashflow in Bellingham, WA is -$2,082 with average rents of $3,061/month. Properties are priced about $400,000 to $1,500,000, offering entry points across multiple investment budgets.
1916 Mt Baker Highway, Bellingham, WA 98226
Price
$569,800
Rent
$2,894
CachFlow
-$1,372
CoC
-13.76
3993 Gentlebrook Lane #9, Bellingham, WA 98226
Price
$437,700
Rent
$2,490
CachFlow
-$1,053
CoC
-13.75
3041 Eldridge Avenue, Bellingham, WA 98225
Price
$1,950,000
Rent
$4,130
CachFlow
-$8,917
CoC
-26.13
Bellingham, WA Rental Market Insights
- Median cashflow is -$2,082/month — careful deal selection is essential here
- 2.8% median cap rate is typical of appreciation-focused markets
- At 0% positive cashflow rate, Bellingham, WA requires selective property picks
- Premium market with properties priced about $400,000 to $1,500,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs