Redmond, WA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Redmond, WA. Based on 10+ datapoints.
Redmond, WA Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
1.6%
Avg Cash on Cash
-22.9%
Median Cashflow
-$5,156/mo
Avg Rent Estimate
$4,131/mo
Avg Price
$1,386,700
Price Range
$800K – $2M
approximate
Rent to Price
0.3%
low ratio
Positive Cashflow
8%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Redmond, WA
Redmond, WA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 1.6%, 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 Redmond, WA is -$5,156 with average rents of $4,131/month. Properties are priced about $800,000 to $2,000,000, offering entry points across multiple investment budgets.
23150 NE 126th Street, Redmond, WA 98053
Price
$1,976,500
Rent
$5,293
CachFlow
-$9,269
CoC
-26.8
11508 165th Court NE, Redmond, WA 98052
Price
$1,690,000
Rent
$5,120
CachFlow
-$6,729
CoC
-22.75
6419 225th Avenue NE, Redmond, WA 98053
Price
$1,670,500
Rent
$4,639
CachFlow
-$7,852
CoC
-26.86
8317 134th Avenue NE, Redmond, WA 98052
Price
$1,450,000
Rent
$3,320
CachFlow
-$6,890
CoC
-27.15
Redmond, WA Rental Market Insights
- Median cashflow is -$5,156/month — careful deal selection is essential here
- 1.6% median cap rate is typical of appreciation-focused markets
- At 8% positive cashflow rate, Redmond, WA requires selective property picks
- Premium market with properties priced about $800,000 to $2,000,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs