REI Lense

REI Lense

Seattle, WA Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Seattle, WA. Based on 200+ datapoints.

Seattle, WA Short-Term Rental / Airbnb Investment Snapshot

Based on 200+ short-term rental / airbnb datapoints

Median Cap Rate

2.5%

Avg Cash on Cash

-15.1%

Median Cashflow

-$2,193/mo

Avg Rent Estimate

$4,190/mo

Avg Price

$706,250

Price Range

$425,000 - $1,219,600

Rent to Price

0.59%

low ratio

Positive Cashflow

1%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Seattle, WA

Seattle, WA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 2.5%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.

Across 200+ analyzed properties, Seattle, WA STR investments show a median monthly cashflow of -$2,193 with an average estimated nightly-rate-adjusted revenue of $4,190/month. These figures reflect real property data, not projections.

2209 NW 59th Street, Seattle, WA 98107

Price

$1,800,000

Rent

$23,856

CachFlow

$1,995

CoC

5.54

Full Analysis

12302 7th Place SW, Seattle, WA 98146

Price

$546,800

Rent

$3,872

CachFlow

-$1,429

CoC

-12.35

Full Analysis

4504 S 163rd Place, Seattle, WA 98188

Price

$725,000

Rent

$2,282

CachFlow

-$3,283

CoC

-23.14

Full Analysis

3918 S Juneau Street, Seattle, WA 98118

Price

$629,000

Rent

$2,936

CachFlow

-$2,323

CoC

-18.57

Full Analysis

3741 SW 106th Street, Seattle, WA 98146

Price

$732,100

Rent

$4,959

CachFlow

-$2,022

CoC

-13.65

Full Analysis
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Seattle, WA Airbnb Market Insights

  • Median cashflow is -$2,193/month — careful deal selection is essential here
  • 2.5% 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 $425,000 to $1,219,600
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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