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%

Avg Cash on Cash

-19.8%

Median Cashflow

-$2,249/mo

Avg Rent Estimate

$2,795/mo

Avg Price

$600,414

Price Range

$495,700 - $768,300

Rent to Price

0.47%

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%, 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 -$2,249 with an average estimated nightly-rate-adjusted revenue of $2,795/month. These figures reflect real property data, not projections.

20224 1st Place S, Des Moines, WA 98198

Price

$536,800

Rent

$2,496

CachFlow

-$2,247

CoC

-20.63

Full Analysis

612 S 195th Street, Des Moines, WA 98148

Price

$550,700

Rent

$2,410

CachFlow

-$1,855

CoC

-16.66

Full Analysis

1045 S 197th Street E, Des Moines, WA 98148

Price

$559,400

Rent

$1,937

CachFlow

-$2,574

CoC

-21.83

Full Analysis

19217 4th Avenue S, Des Moines, WA 98148

Price

$635,700

Rent

$3,331

CachFlow

-$2,261

CoC

-17.91

Full Analysis

23427 28th Avenue S, Des Moines, WA 98198

Price

$560,000

Rent

$869

CachFlow

-$3,227

CoC

-28.56

Full Analysis
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Des Moines, WA Airbnb Market Insights

  • Median cashflow is -$2,249/month — careful deal selection is essential here
  • 2% 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 $495,700 to $768,300
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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