REI Lense

REI Lense

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

2.1%

Avg Cash on Cash

-18.7%

Median Cashflow

-$2,763/mo

Avg Rent Estimate

$4,474/mo

Avg Price

$804,275

Price Range

$649,950 - $949,000

Rent to Price

0.56%

low ratio

Positive Cashflow

0%

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 2.1%, 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 -$2,763 with an average estimated nightly-rate-adjusted revenue of $4,474/month. These figures reflect real property data, not projections.

3960 Hoff Road, Bellingham, WA 98225

Price

$655,000

Rent

$5,849

CachFlow

-$518

CoC

-4

Full Analysis

727 Lange Road, Bellingham, WA 98226

Price

$908,600

Rent

$3,090

CachFlow

-$3,950

CoC

-22.7

Full Analysis

28 Strawberry Point Road, Bellingham, WA 98229

Price

$1,347,100

Rent

$4,207

CachFlow

-$5,788

CoC

-23.08

Full Analysis

1204 Kelly Road, Bellingham, WA 98226

Price

$649,950

Rent

$3,526

CachFlow

-$2,022

CoC

-15.71

Full Analysis

526 S 39th Street, Bellingham, WA 98229

Price

$902,900

Rent

$4,274

CachFlow

-$3,090

CoC

-17.86

Full Analysis
15 of 13
1 / 3

Bellingham, WA Airbnb Market Insights

  • Median cashflow is -$2,763/month — careful deal selection is essential here
  • 2.1% 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 $649,950 to $949,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis