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 75+ datapoints.

Seattle, WA Long-Term Rental Investment Snapshot

Based on 75+ long-term rental datapoints

Median Cap Rate

2.5%

Avg Cash on Cash

-17.8%

Median Cashflow

-$2,552/mo

Avg Rent Estimate

$4,058/mo

Avg Price

$1,089,814

Price Range

$275,000 - $2,715,200

Rent to Price

0.37%

low ratio

Positive Cashflow

3%

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 2.5%, 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 75+ analyzed properties, the median monthly cashflow in Seattle, WA is -$2,552 with average rents of $4,058/month. Properties range from $275,000 to $2,715,200, offering entry points across multiple investment budgets.

2115 Bonair Drive SW, Seattle, WA 98116

Price

$947,300

Rent

$5,294

CachFlow

-$1,947

CoC

-11.74

Full Analysis

1312 15th Avenue S, Seattle, WA 98144

Price

$874,400

Rent

$8,400

CachFlow

$828

CoC

5.41

Full Analysis

8447 42nd Avenue SW, Seattle, WA 98136

Price

$1,650,600

Rent

$4,006

CachFlow

-$7,159

CoC

-24.78

Full Analysis

1000 Union St APT 315, Seattle, WA 98101

Price

$282,300

Rent

$2,050

CachFlow

-$202

CoC

-4.09

Full Analysis

1631 N 54 Street, Seattle, WA 98103

Price

$854,000

Rent

$3,112

CachFlow

-$2,883

CoC

-19.29

Full Analysis
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Seattle, WA Rental Market Insights

  • Median cashflow is -$2,552/month — careful deal selection is essential here
  • 2.5% median cap rate is typical of appreciation-focused markets
  • At 3% positive cashflow rate, Seattle, WA requires selective property picks
  • Premium market with properties from $275,000 to $2,715,200
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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