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
3%
Avg Cash on Cash
-15.8%
Median Cashflow
-$1,789/mo
Avg Rent Estimate
$3,134/mo
Avg Price
$694,603
Price Range
$398,400 - $949,000
Rent to Price
0.45%
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%, 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 -$1,789 with average rents of $3,134/month. Properties range from $398,400 to $949,000, offering entry points across multiple investment budgets.
3231 Northshore Road, Bellingham, WA 98226
Price
$2,534,800
Rent
$3,178
CachFlow
-$12,664
CoC
-28.55
1792 Swamp Creek Lane, Bellingham, WA 98226
Price
$650,600
Rent
$2,830
CachFlow
-$1,852
CoC
-16.27
5340 Evergreen Drive, Bellingham, WA 98226
Price
$625,000
Rent
$3,164
CachFlow
-$1,010
CoC
-9.23
Bellingham, WA Rental Market Insights
- •Median cashflow is -$1,789/month — careful deal selection is essential here
- •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 $949,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs