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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 30+ datapoints.

Seattle, WA Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

2.7%

Avg Cash on Cash

-16.1%

Median Cashflow

-$2,018/mo

Avg Rent Estimate

$3,651/mo

Avg Price

$800,470

Price Range

$499,995 - $1,087,200

Rent to Price

0.46%

low ratio

Positive Cashflow

0%

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 2.7%, 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 30+ analyzed properties, the median monthly cashflow in Seattle, WA is -$2,018 with average rents of $3,651/month. Properties range from $499,995 to $1,087,200, offering entry points across multiple investment budgets.

7341 21st Avenue NE #B, Seattle, WA 98115

Price

$1,199,000

Rent

$3,950

CachFlow

-$4,513

CoC

-21.51

Full Analysis

6317 Beach Drive SW, Seattle, WA 98136

Price

$1,250,000

Rent

$3,600

CachFlow

-$5,490

CoC

-25.1

Full Analysis

2009 E John Street, Seattle, WA 98112

Price

$1,135,800

Rent

$4,660

CachFlow

-$3,458

CoC

-17.4

Full Analysis

11437 Cornell Avenue S, Seattle, WA 98178

Price

$497,000

Rent

$2,360

CachFlow

-$1,367

CoC

-15.72

Full Analysis

907 NW 61st Street, Seattle, WA 98107

Price

$944,800

Rent

$3,920

CachFlow

-$3,028

CoC

-18.31

Full Analysis

Seattle, WA Rental Market Insights

  • Median cashflow is -$2,018/month — careful deal selection is essential here
  • 2.7% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Seattle, WA requires selective property picks
  • Premium market with properties from $499,995 to $1,087,200
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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