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
2.7%
Avg Cash on Cash
-13.8%
Median Cashflow
-$2,016/mo
Avg Rent Estimate
$4,810/mo
Avg Price
$742,365
Price Range
$398,400 - $1,295,200
Rent to Price
0.65%
low ratio
Positive Cashflow
8%
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 2.7%, 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 -$2,016 with an average estimated nightly-rate-adjusted revenue of $4,810/month. These figures reflect real property data, not projections.
3231 Northshore Road, Bellingham, WA 98226
Price
$2,534,800
Rent
$5,553
CachFlow
-$12,127
CoC
-26.44
509 Northshore Drive, Bellingham, WA 98226
Price
$942,600
Rent
$3,749
CachFlow
-$3,694
CoC
-20.53
1405 Edwards Street, Bellingham, WA 98229
Price
$788,900
Rent
$3,911
CachFlow
-$2,696
CoC
-17.61
Bellingham, WA Airbnb Market Insights
- •Median cashflow is -$2,016/month — careful deal selection is essential here
- •2.7% median cap rate is typical of appreciation-focused markets
- •At 8% positive cashflow rate, Bellingham, WA requires selective property picks
- •Premium market with properties from $398,400 to $1,295,200
- •Consider this market if your strategy favors equity growth with rental income covering holding costs