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 10+ datapoints.
Bellingham, WA Short-Term Rental / Airbnb Investment Snapshot
Based on 10+ short-term rental / airbnb datapoints
Median Cap Rate
3.2%
Avg Cash on Cash
-12.2%
Median Cashflow
-$1,888/mo
Avg Rent Estimate
$5,051/mo
Avg Price
$817,442
Price Range
$398,400 - $1,500,600
Rent to Price
0.62%
low ratio
Positive Cashflow
17%
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 3.2%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 10+ analyzed properties, Bellingham, WA STR investments show a median monthly cashflow of -$1,888 with an average estimated nightly-rate-adjusted revenue of $5,051/month. These figures reflect real property data, not projections.
20 Far Summit Place, Bellingham, WA 98229
Price
$1,447,400
Rent
$5,749
CachFlow
-$5,916
CoC
-21.65
4489 Hannegan Road, Bellingham, WA 98226
Price
$730,100
Rent
$1,883
CachFlow
-$3,366
CoC
-24.43
Bellingham, WA Airbnb Market Insights
- •Median cashflow is -$1,888/month — careful deal selection is essential here
- •3.2% median cap rate is typical of appreciation-focused markets
- •At 17% positive cashflow rate, Bellingham, WA requires selective property picks
- •Premium market with properties from $398,400 to $1,500,600
- •Consider this market if your strategy favors equity growth with rental income covering holding costs