Des Moines, WA Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Des Moines, WA. Based on 10+ datapoints.
Des Moines, WA Short-Term Rental / Airbnb Investment Snapshot
Based on 10+ short-term rental / airbnb datapoints
Median Cap Rate
2.8%
Avg Cash on Cash
-12%
Median Cashflow
-$1,665/mo
Avg Rent Estimate
$4,184/mo
Avg Price
$590,255
Price Range
$494,300 - $699,950
Rent to Price
0.71%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Des Moines, WA
Des Moines, WA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 2.8%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 10+ analyzed properties, Des Moines, WA STR investments show a median monthly cashflow of -$1,665 with an average estimated nightly-rate-adjusted revenue of $4,184/month. These figures reflect real property data, not projections.
24029 24th Avenue S, Des Moines, WA 98198
Price
$629,600
Rent
$2,860
CachFlow
-$2,588
CoC
-19.14
21216 Des Moines Memorial Dr S, Des Moines, WA 98198
Price
$599,000
Rent
$6,547
CachFlow
-$358
CoC
-2.87
24855 16TH Avenue S, Des Moines, WA 98198
Price
$560,900
Rent
$3,125
CachFlow
-$1,786
CoC
-15.12
Des Moines, WA Airbnb Market Insights
- •Median cashflow is -$1,665/month — careful deal selection is essential here
- •2.8% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Des Moines, WA requires selective property picks
- •Premium market with properties from $494,300 to $699,950
- •Consider this market if your strategy favors equity growth with rental income covering holding costs