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
1.5%
Avg Cash on Cash
-21.3%
Median Cashflow
-$4,958/mo
Avg Rent Estimate
$3,900/mo
Avg Price
$1,285,430
Price Range
$817,400 - $1,646,300
Rent to Price
0.3%
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 1.5%, 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 -$4,958 with average rents of $3,900/month. Properties range from $817,400 to $1,646,300, offering entry points across multiple investment budgets.
27815 NE 30th Street, Redmond, WA 98053
Price
$1,343,400
Rent
$3,886
CachFlow
-$5,122
CoC
-21.79
15107 NE 81st Way #102, Redmond, WA 98052
Price
$817,400
Rent
$3,140
CachFlow
-$2,771
CoC
-19.37
24174 NE 122nd Street, Redmond, WA 98053
Price
$1,172,600
Rent
$3,510
CachFlow
-$4,793
CoC
-23.36
18505 NE 26th Street, Redmond, WA 98052
Price
$1,596,900
Rent
$4,600
CachFlow
-$5,834
CoC
-20.88
Redmond, WA Rental Market Insights
- •Median cashflow is -$4,958/month — careful deal selection is essential here
- •1.5% 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 $817,400 to $1,646,300
- •Consider this market if your strategy favors equity growth with rental income covering holding costs