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 15+ datapoints.

Bellingham, WA Mid-Term Rental Investment Snapshot

Based on 15+ mid-term rental datapoints

Median Cap Rate

4.5%

Avg Cash on Cash

-7.7%

Median Cashflow

-$818/mo

Avg Rent Estimate

$4,612/mo

Avg Price

$643,380

Price Range

$398,400 - $800,000

Rent to Price

0.72%

low ratio

Positive Cashflow

6%

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 15+ analyzed properties, Bellingham, WA mid-term rental investments show a median monthly cashflow of -$818 with average furnished rent estimates of $4,612/month. These figures reflect real property data, not projections.

5311 Muriel Drive, Bellingham, WA 98226

Price

$733,600

Rent

$4,266

CachFlow

-$1,397

CoC

-9.74

Full Analysis

7 Maple Court, Bellingham, WA 98229

Price

$725,000

Rent

$2,780

CachFlow

-$2,085

CoC

-14.7

Full Analysis

5405 Bel West Drive, Bellingham, WA 98226

Price

$749,900

Rent

$4,968

CachFlow

-$1,053

CoC

-7.2

Full Analysis

1715 H Street, Bellingham, WA 98225

Price

$655,700

Rent

$3,254

CachFlow

-$1,557

CoC

-12

Full Analysis

69 North Point Drive, Bellingham, WA 98229

Price

$618,400

Rent

$4,218

CachFlow

-$892

CoC

-7.24

Full Analysis
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Bellingham, WA Mid-Term Rental Market Insights

  • Median cashflow is -$818/month — careful deal selection is essential here
  • 4.5% median cap rate is typical of appreciation-focused markets
  • At 6% positive cashflow rate, Bellingham, WA requires selective property picks
  • Premium market with properties from $398,400 to $800,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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