Redmond, WA Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Redmond, WA. Based on 10+ datapoints.
Redmond, WA Short-Term Rental / Airbnb Investment Snapshot
Based on 10+ short-term rental / airbnb datapoints
Median Cap Rate
0.9%
Avg Cash on Cash
-22.3%
Median Cashflow
-$4,070/mo
Avg Rent Estimate
$4,464/mo
Avg Price
$1,017,289
Price Range
$208,400 - $1,524,400
Rent to Price
0.44%
low ratio
Positive Cashflow
11%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Redmond, WA
Redmond, WA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 0.9%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 10+ analyzed properties, Redmond, WA STR investments show a median monthly cashflow of -$4,070 with an average estimated nightly-rate-adjusted revenue of $4,464/month. These figures reflect real property data, not projections.
8738 233rd Place NE, Redmond, WA 98053
Price
$1,076,100
Rent
$4,669
CachFlow
-$4,070
CoC
-20.02
9859 Redmond Woodinville Road NE, Redmond, WA 98052
Price
$16,000,000
Rent
$4,999
CachFlow
-$82,871
CoC
-29.44
11170 (HS 24) NE 134th Court NE, Redmond, WA 98052
Price
$1,275,000
Rent
$4,458
CachFlow
-$5,518
CoC
-23.17
19840 NE Redmond Road, Redmond, WA 98053
Price
$986,800
Rent
$5,176
CachFlow
-$2,501
CoC
-13.33
Redmond, WA Airbnb Market Insights
- •Median cashflow is -$4,070/month — careful deal selection is essential here
- •0.9% median cap rate is typical of appreciation-focused markets
- •At 11% positive cashflow rate, Redmond, WA requires selective property picks
- •Premium market with properties from $208,400 to $1,524,400
- •Consider this market if your strategy favors equity growth with rental income covering holding costs