REI Lense

REI Lense

Spanaway, WA Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Spanaway, WA. Based on 10+ datapoints.

Spanaway, WA Mid-Term Rental Investment Snapshot

Based on 10+ mid-term rental datapoints

Median Cap Rate

4.9%

Avg Cash on Cash

-5.9%

Median Cashflow

-$554/mo

Avg Rent Estimate

$4,203/mo

Avg Price

$533,988

Price Range

$468,990 - $668,200

Rent to Price

0.79%

okay ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as mid-term rental deals in Spanaway, WA

Spanaway, WA is a premium mid-term rental market where property values complement furnished rental income. Cap rates average 4.9%, typical of premium markets where MTR investors capture both appreciation and the rent premium furnished 30–180 day stays command over standard leases.

Across 10+ analyzed properties, Spanaway, WA mid-term rental investments show a median monthly cashflow of -$554 with average furnished rent estimates of $4,203/month. These figures reflect real property data, not projections.

3909 212th Street Ct E, Spanaway, WA 98387

Price

$524,200

Rent

$4,095

CachFlow

-$554

CoC

-5.19

Full Analysis

4716 266th Street E, Spanaway, WA 98387

Price

$850,000

Rent

$4,797

CachFlow

-$1,676

CoC

-10.24

Full Analysis

5807 204th Street Ct E, Spanaway, WA 98387

Price

$529,900

Rent

$4,172

CachFlow

-$432

CoC

-4.01

Full Analysis

20309 13th Avenue E, Spanaway, WA 98387

Price

$515,200

Rent

$3,862

CachFlow

-$555

CoC

-5.28

Full Analysis

21717 50th Avenue E, Spanaway, WA 98387

Price

$480,300

Rent

$3,780

CachFlow

-$429

CoC

-4.33

Full Analysis
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Spanaway, WA Mid-Term Rental Market Insights

  • Median cashflow is -$554/month — careful deal selection is essential here
  • 4.9% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Spanaway, WA requires selective property picks
  • Premium market with properties from $468,990 to $668,200
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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