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
1.8%
Avg Cash on Cash
-20%
Median Cashflow
-$4,608/mo
Avg Rent Estimate
$3,913/mo
Avg Price
$1,170,992
Price Range
$240,000 - $1,822,300
Rent to Price
0.33%
low ratio
Positive Cashflow
0%
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 1.8%, 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 -$4,608 with average rents of $3,913/month. Properties range from $240,000 to $1,822,300, offering entry points across multiple investment budgets.
7108 153rd Avenue NE, Redmond, WA 98052
Price
$1,600,500
Rent
$4,671
CachFlow
-$6,460
CoC
-23.06
14102 NE 86th Court, Redmond, WA 98052
Price
$1,347,400
Rent
$4,270
CachFlow
-$4,914
CoC
-20.84
3020 E Ames Lake Drive NE, Redmond, WA 98053
Price
$1,102,700
Rent
$4,063
CachFlow
-$3,720
CoC
-19.28
6010 152nd Avenue NE, Redmond, WA 98052
Price
$1,399,999
Rent
$4,852
CachFlow
-$5,156
CoC
-21.04
Redmond, WA Rental Market Insights
- •Median cashflow is -$4,608/month — careful deal selection is essential here
- •1.8% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Redmond, WA requires selective property picks
- •Premium market with properties from $240,000 to $1,822,300
- •Consider this market if your strategy favors equity growth with rental income covering holding costs