Bellingham, WA Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Bellingham, WA. Based on 20+ datapoints.
Bellingham, WA Short-Term Rental / Airbnb Investment Snapshot
Based on 20+ short-term rental / airbnb datapoints
Median Cap Rate
3%
Avg Cash on Cash
-12.6%
Median Cashflow
-$1,762/mo
Avg Rent Estimate
$4,926/mo
Avg Price
$703,363
Price Range
$398,400 - $966,700
Rent to Price
0.7%
low ratio
Positive Cashflow
9%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Bellingham, WA
Bellingham, WA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 3%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 20+ analyzed properties, Bellingham, WA STR investments show a median monthly cashflow of -$1,762 with an average estimated nightly-rate-adjusted revenue of $4,926/month. These figures reflect real property data, not projections.
16 Sunflower Circle, Bellingham, WA 98229
Price
$828,400
Rent
$6,406
CachFlow
-$1,735
CoC
-10.85
3671 Harnden Drive, Bellingham, WA 98226
Price
$949,000
Rent
$5,489
CachFlow
-$2,830
CoC
-15.63
Bellingham, WA Airbnb Market Insights
- •Median cashflow is -$1,762/month — careful deal selection is essential here
- •3% median cap rate is typical of appreciation-focused markets
- •At 9% positive cashflow rate, Bellingham, WA requires selective property picks
- •Premium market with properties from $398,400 to $966,700
- •Consider this market if your strategy favors equity growth with rental income covering holding costs