REI Lense

REI Lense

Redmond, WA Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Redmond, WA. Based on 10+ datapoints.

Redmond, WA Mid-Term Rental Investment Snapshot

Based on 10+ mid-term rental datapoints

Median Cap Rate

2.3%

Avg Cash on Cash

-17.1%

Median Cashflow

-$4,150/mo

Avg Rent Estimate

$5,941/mo

Avg Price

$1,323,778

Price Range

$986,800 - $1,646,300

Rent to Price

0.45%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as mid-term rental deals in Redmond, WA

Redmond, WA is a premium mid-term rental market where property values complement furnished rental income. Cap rates average 2.3%, typical of premium markets where MTR investors capture both appreciation and the rent premium furnished 30–180 day stays command over standard leases.

Across 10+ analyzed properties, Redmond, WA mid-term rental investments show a median monthly cashflow of -$4,150 with average furnished rent estimates of $5,941/month. These figures reflect real property data, not projections.

8738 233rd Place NE, Redmond, WA 98053

Price

$1,076,100

Rent

$5,058

CachFlow

-$3,159

CoC

-15.54

Full Analysis

6922 232nd Avenue NE, Redmond, WA 98053

Price

$1,470,700

Rent

$6,153

CachFlow

-$4,826

CoC

-17.72

Full Analysis

488 Goodman Mainline Road, Redmond, WA 98331

Price

$208,400

Rent

$2,685

CachFlow

$546

CoC

11.75

Full Analysis

8201 172nd Avenue NE, Redmond, WA 98052

Price

$1,298,500

Rent

$5,250

CachFlow

-$4,205

CoC

-17.36

Full Analysis

9859 Redmond Woodinville Road NE, Redmond, WA 98052

Price

$16,000,000

Rent

$6,440

CachFlow

-$81,220

CoC

-28.85

Full Analysis
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Redmond, WA Mid-Term Rental Market Insights

  • Median cashflow is -$4,150/month — careful deal selection is essential here
  • 2.3% 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 $986,800 to $1,646,300
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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