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
-20.6%
Median Cashflow
-$4,608/mo
Avg Rent Estimate
$3,677/mo
Avg Price
$1,167,427
Price Range
$208,400 - $1,822,300
Rent to Price
0.31%
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 1.6%, 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 -$4,608 with average rents of $3,677/month. Properties range from $208,400 to $1,822,300, offering entry points across multiple investment budgets.
6731 244th Place NE, Redmond, WA 98053
Price
$1,428,200
Rent
$5,252
CachFlow
-$5,071
CoC
-20.29
4460 278th Avenue NE, Redmond, WA 98053
Price
$1,319,800
Rent
$7,052
CachFlow
-$3,054
CoC
-13.22
13530 NE 78th Street, Redmond, WA 98052
Price
$1,240,000
Rent
$3,273
CachFlow
-$4,808
CoC
-22.16
Redmond, WA Rental Market Insights
- •Median cashflow is -$4,608/month — careful deal selection is essential here
- •1.6% 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 $208,400 to $1,822,300
- •Consider this market if your strategy favors equity growth with rental income covering holding costs