REI Lense

REI Lense

Bellingham, WA Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Bellingham, WA. Based on 30+ datapoints.

Bellingham, WA Mid-Term Rental Investment Snapshot

Based on 30+ mid-term rental datapoints

Median Cap Rate

4.5%

Avg Cash on Cash

-8.4%

Median Cashflow

-$1,053/mo

Avg Rent Estimate

$4,728/mo

Avg Price

$702,988

Price Range

$398,400 - $949,000

Rent to Price

0.67%

low ratio

Positive Cashflow

3%

of analyzed properties

Recent real estate investor listings analysed as mid-term rental deals in Bellingham, WA

Bellingham, WA is a premium mid-term rental market where property values complement furnished rental income. Cap rates average 4.5%, typical of premium markets where MTR investors capture both appreciation and the rent premium furnished 30–180 day stays command over standard leases.

Across 30+ analyzed properties, Bellingham, WA mid-term rental investments show a median monthly cashflow of -$1,053 with average furnished rent estimates of $4,728/month. These figures reflect real property data, not projections.

61 Louise View Drive, Bellingham, WA 98229

Price

$553,700

Rent

$4,296

CachFlow

-$809

CoC

-7.23

Full Analysis

3924 Ruston Way, Bellingham, WA 98226

Price

$686,900

Rent

$4,750

CachFlow

-$571

CoC

-4.22

Full Analysis

1204 Kelly Road, Bellingham, WA 98226

Price

$649,950

Rent

$3,624

CachFlow

-$1,464

CoC

-11.37

Full Analysis

526 S 39th Street, Bellingham, WA 98229

Price

$902,900

Rent

$4,560

CachFlow

-$2,303

CoC

-13.31

Full Analysis

1905 Mt Baker Highway, Bellingham, WA 98226

Price

$1,211,200

Rent

$6,135

CachFlow

-$2,934

CoC

-12.93

Full Analysis
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Bellingham, WA Mid-Term Rental Market Insights

  • Median cashflow is -$1,053/month — careful deal selection is essential here
  • 4.5% median cap rate is typical of appreciation-focused markets
  • At 3% 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

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