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 15+ datapoints.

Redmond, WA Mid-Term Rental Investment Snapshot

Based on 15+ mid-term rental datapoints

Median Cap Rate

2.5%

Avg Cash on Cash

-14.1%

Median Cashflow

-$3,634/mo

Avg Rent Estimate

$5,696/mo

Avg Price

$1,245,662

Price Range

$753,100 - $1,822,300

Rent to Price

0.46%

low ratio

Positive Cashflow

7%

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 2.5%, typical of premium markets where MTR investors capture both appreciation and the rent premium furnished 30–180 day stays command over standard leases.

Across 15+ analyzed properties, Redmond, WA mid-term rental investments show a median monthly cashflow of -$3,634 with average furnished rent estimates of $5,696/month. These figures reflect real property data, not projections.

6731 244th Place NE, Redmond, WA 98053

Price

$1,428,200

Rent

$7,878

CachFlow

-$3,757

CoC

-14.18

Full Analysis

16823 NE 91st St, Redmond, WA 98052

Price

$1,822,300

Rent

$6,195

CachFlow

-$6,529

CoC

-18.99

Full Analysis

4460 278th Avenue NE, Redmond, WA 98053

Price

$1,319,800

Rent

$10,578

CachFlow

-$1,290

CoC

-5.24

Full Analysis

21007 NE 66th Street, Redmond, WA 98053

Price

$923,800

Rent

$5,544

CachFlow

-$1,895

CoC

-10.73

Full Analysis

13530 NE 78th Street, Redmond, WA 98052

Price

$1,240,000

Rent

$4,910

CachFlow

-$3,988

CoC

-17.19

Full Analysis
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Redmond, WA Mid-Term Rental Market Insights

  • Median cashflow is -$3,634/month — careful deal selection is essential here
  • 2.5% 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 $753,100 to $1,822,300
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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