REI Lense

REI Lense

Ellensburg, WA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Ellensburg, WA. Based on 10+ datapoints.

Ellensburg, WA Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

2.3%

Avg Cash on Cash

-17.1%

Median Cashflow

-$1,718/mo

Avg Rent Estimate

$2,359/mo

Avg Price

$568,800

Price Range

$384,900 - $770,100

Rent to Price

0.41%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Ellensburg, WA

Ellensburg, WA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 2.3%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 10+ analyzed properties, the median monthly cashflow in Ellensburg, WA is -$1,718 with average rents of $2,359/month. Properties range from $384,900 to $770,100, offering entry points across multiple investment budgets.

107 W 9th Avenue, Ellensburg, WA 98926

Price

$579,000

Rent

$2,446

CachFlow

-$1,557

CoC

-15.37

Full Analysis

221 Upper Green Canyon Road, Ellensburg, WA 98926

Price

$609,200

Rent

$2,379

CachFlow

-$1,718

CoC

-16.11

Full Analysis

1561 Bitterbrush Drive, Ellensburg, WA 98926

Price

$770,100

Rent

$2,535

CachFlow

-$2,422

CoC

-17.97

Full Analysis

2601 N Emery Street, Ellensburg, WA 98926

Price

$384,900

Rent

$2,110

CachFlow

-$472

CoC

-7.01

Full Analysis

1091 Mellergaard Road, Ellensburg, WA 98926

Price

$438,300

Rent

$1,350

CachFlow

-$1,600

CoC

-20.86

Full Analysis
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Ellensburg, WA Rental Market Insights

  • Median cashflow is -$1,718/month — careful deal selection is essential here
  • 2.3% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Ellensburg, WA requires selective property picks
  • Premium market with properties from $384,900 to $770,100
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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