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 100+ datapoints.

Seattle, WA Short-Term Rental / Airbnb Investment Snapshot

Based on 100+ short-term rental / airbnb datapoints

Median Cap Rate

2.3%

Avg Cash on Cash

-16.7%

Median Cashflow

-$2,374/mo

Avg Rent Estimate

$5,257/mo

Avg Price

$989,090

Price Range

$79,500 - $2,137,200

Rent to Price

0.53%

low ratio

Positive Cashflow

8%

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 2.3%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.

Across 100+ analyzed properties, Seattle, WA STR investments show a median monthly cashflow of -$2,374 with an average estimated nightly-rate-adjusted revenue of $5,257/month. These figures reflect real property data, not projections.

10618 35th Avenue SW, Seattle, WA 98146

Price

$723,000

Rent

$3,358

CachFlow

-$2,503

CoC

-17.69

Full Analysis

6320 41st Avenue SW #A, Seattle, WA 98136

Price

$758,200

Rent

$5,226

CachFlow

-$1,709

CoC

-11.57

Full Analysis

11834 8th Avenue S, Seattle, WA 98168

Price

$739,950

Rent

$2,955

CachFlow

-$2,728

CoC

-18.88

Full Analysis

315 12th Avenue E, Seattle, WA 98102

Price

$1,995,000

Rent

$17,160

CachFlow

-$3,712

CoC

-9.79

Full Analysis

4912 Evanston Avenue N, Seattle, WA 98103

Price

$1,900,000

Rent

$23,742

CachFlow

$587

CoC

1.55

Full Analysis
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Seattle, WA Airbnb Market Insights

  • Median cashflow is -$2,374/month — careful deal selection is essential here
  • 2.3% median cap rate is typical of appreciation-focused markets
  • At 8% positive cashflow rate, Seattle, WA requires selective property picks
  • Premium market with properties from $79,500 to $2,137,200
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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