REI Lense

REI Lense

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

0.8%

Avg Cash on Cash

-22.6%

Median Cashflow

-$4,391/mo

Avg Rent Estimate

$4,444/mo

Avg Price

$1,009,938

Price Range

$208,400 - $1,524,400

Rent to Price

0.44%

low ratio

Positive Cashflow

12%

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 0.8%, 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 -$4,391 with an average estimated nightly-rate-adjusted revenue of $4,444/month. These figures reflect real property data, not projections.

488 Goodman Mainline Road, Redmond, WA 98331

Price

$208,400

Rent

$3,072

CachFlow

$370

CoC

7.96

Full Analysis

9859 Redmond Woodinville Road NE, Redmond, WA 98052

Price

$16,000,000

Rent

$4,999

CachFlow

-$82,871

CoC

-29.44

Full Analysis

11170 (HS 24) NE 134th Court NE, Redmond, WA 98052

Price

$1,275,000

Rent

$4,458

CachFlow

-$5,518

CoC

-23.17

Full Analysis

19840 NE Redmond Road, Redmond, WA 98053

Price

$986,800

Rent

$5,176

CachFlow

-$2,501

CoC

-13.33

Full Analysis

27815 NE 30th Street, Redmond, WA 98053

Price

$1,343,400

Rent

$3,396

CachFlow

-$6,232

CoC

-24.92

Full Analysis
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Redmond, WA Airbnb Market Insights

  • Median cashflow is -$4,391/month — careful deal selection is essential here
  • 0.8% median cap rate is typical of appreciation-focused markets
  • At 12% 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

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