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 15+ datapoints.
Redmond, WA Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
1.5%
Avg Cash on Cash
-21.4%
Median Cashflow
-$4,816/mo
Avg Rent Estimate
$3,957/mo
Avg Price
$1,187,357
Price Range
$208,400 - $1,646,300
Rent to Price
0.33%
low ratio
Positive Cashflow
7%
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 15+ analyzed properties, the median monthly cashflow in Redmond, WA is -$4,816 with average rents of $3,957/month. Properties range from $208,400 to $1,646,300, offering entry points across multiple investment budgets.
8201 172nd Avenue NE, Redmond, WA 98052
Price
$1,298,500
Rent
$3,500
CachFlow
-$5,079
CoC
-22.35
9859 Redmond Woodinville Road NE, Redmond, WA 98052
Price
$16,000,000
Rent
$4,293
CachFlow
-$82,294
CoC
-29.39
11170 (HS 24) NE 134th Court NE, Redmond, WA 98052
Price
$1,275,000
Rent
$4,051
CachFlow
-$4,840
CoC
-21.69
19840 NE Redmond Road, Redmond, WA 98053
Price
$986,800
Rent
$4,550
CachFlow
-$1,827
CoC
-10.58
Redmond, WA Rental Market Insights
- •Median cashflow is -$4,816/month — careful deal selection is essential here
- •1.5% median cap rate is typical of appreciation-focused markets
- •At 7% positive cashflow rate, Redmond, WA requires selective property picks
- •Premium market with properties from $208,400 to $1,646,300
- •Consider this market if your strategy favors equity growth with rental income covering holding costs