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
2.5%
Avg Cash on Cash
-15%
Median Cashflow
-$2,118/mo
Avg Rent Estimate
$4,727/mo
Avg Price
$768,244
Price Range
$398,400 - $1,347,100
Rent to Price
0.62%
low ratio
Positive Cashflow
7%
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 2.5%, 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 -$2,118 with an average estimated nightly-rate-adjusted revenue of $4,727/month. These figures reflect real property data, not projections.
28 Strawberry Point Road, Bellingham, WA 98229
Price
$1,347,100
Rent
$4,207
CachFlow
-$5,788
CoC
-23.08
3231 Northshore Road, Bellingham, WA 98226
Price
$2,534,800
Rent
$5,553
CachFlow
-$12,127
CoC
-26.44
Bellingham, WA Airbnb Market Insights
- •Median cashflow is -$2,118/month — careful deal selection is essential here
- •2.5% median cap rate is typical of appreciation-focused markets
- •At 7% positive cashflow rate, Bellingham, WA requires selective property picks
- •Premium market with properties from $398,400 to $1,347,100
- •Consider this market if your strategy favors equity growth with rental income covering holding costs