REI Lense

REI Lense

Seattle, WA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Seattle, WA. Based on 150+ datapoints.

Seattle, WA Long-Term Rental Investment Snapshot

Based on 150+ long-term rental datapoints

Median Cap Rate

2.4%

Avg Cash on Cash

-18%

Median Cashflow

-$2,750/mo

Avg Rent Estimate

$3,955/mo

Avg Price

$1,014,558

Price Range

$79,500 - $2,191,900

Rent to Price

0.39%

low ratio

Positive Cashflow

1%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Seattle, WA

Seattle, WA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 2.4%, 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 150+ analyzed properties, the median monthly cashflow in Seattle, WA is -$2,750 with average rents of $3,955/month. Properties range from $79,500 to $2,191,900, offering entry points across multiple investment budgets.

1950 Alaskan Way #227, Seattle, WA 98101

Price

$1,244,800

Rent

$6,200

CachFlow

-$4,046

CoC

-18.57

Full Analysis

900 Warren Avenue N #302, Seattle, WA 98109

Price

$776,200

Rent

$3,495

CachFlow

-$3,140

CoC

-23.12

Full Analysis

15829 4th Avenue SW, Seattle, WA 98166

Price

$749,900

Rent

$3,242

CachFlow

-$2,124

CoC

-16.19

Full Analysis

360 Highland Drive, Seattle, WA 98109

Price

$3,995,000

Rent

$4,790

CachFlow

-$20,047

CoC

-28.67

Full Analysis

307 W Highland Drive, Seattle, WA 98119

Price

$2,590,000

Rent

$4,480

CachFlow

-$12,576

CoC

-27.75

Full Analysis
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Seattle, WA Rental Market Insights

  • Median cashflow is -$2,750/month — careful deal selection is essential here
  • 2.4% median cap rate is typical of appreciation-focused markets
  • At 1% positive cashflow rate, Seattle, WA requires selective property picks
  • Premium market with properties from $79,500 to $2,191,900
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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