REI Lense

REI Lense

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

-12.7%

Median Cashflow

-$1,676/mo

Avg Rent Estimate

$4,150/mo

Avg Price

$611,155

Price Range

$494,300 - $751,400

Rent to Price

0.68%

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 -$1,676 with an average estimated nightly-rate-adjusted revenue of $4,150/month. These figures reflect real property data, not projections.

21216 Des Moines Memorial Dr S, Des Moines, WA 98198

Price

$599,000

Rent

$6,547

CachFlow

-$358

CoC

-2.87

Full Analysis

24855 16TH Avenue S, Des Moines, WA 98198

Price

$560,900

Rent

$3,125

CachFlow

-$1,786

CoC

-15.12

Full Analysis

21118 11th Avenue S, Des Moines, WA 98198

Price

$699,950

Rent

$4,306

CachFlow

-$1,831

CoC

-13.32

Full Analysis

2051 S 223rd Street, Des Moines, WA 98198

Price

$494,300

Rent

$5,630

CachFlow

-$238

CoC

-2.13

Full Analysis

1417 S 257th Place, Des Moines, WA 98198

Price

$569,800

Rent

$1,958

CachFlow

-$2,403

CoC

-20.95

Full Analysis
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Des Moines, WA Airbnb Market Insights

  • Median cashflow is -$1,676/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 $751,400
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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