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 20+ datapoints.
Redmond, WA Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
1.5%
Avg Cash on Cash
-21.5%
Median Cashflow
-$4,800/mo
Avg Rent Estimate
$3,843/mo
Avg Price
$1,223,856
Price Range
$753,100 - $1,646,300
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 1.5%, 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 20+ analyzed properties, the median monthly cashflow in Redmond, WA is -$4,800 with average rents of $3,843/month. Properties range from $753,100 to $1,646,300, offering entry points across multiple investment budgets.
13530 NE 78th Street, Redmond, WA 98052
Price
$1,240,000
Rent
$3,273
CachFlow
-$4,808
CoC
-22.16
10407 170th Avenue NE, Redmond, WA 98052
Price
$1,200,300
Rent
$3,577
CachFlow
-$4,407
CoC
-20.98
23844 NE 112th Circle #3, Redmond, WA 98053
Price
$753,100
Rent
$2,934
CachFlow
-$3,215
CoC
-24.39
10914 165TH Place NE, Redmond, WA 98052
Price
$1,399,000
Rent
$4,643
CachFlow
-$4,942
CoC
-20.19
8738 233rd Place NE, Redmond, WA 98053
Price
$1,076,100
Rent
$3,372
CachFlow
-$4,003
CoC
-21.26
Redmond, WA Rental Market Insights
- •Median cashflow is -$4,800/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 $753,100 to $1,646,300
- •Consider this market if your strategy favors equity growth with rental income covering holding costs