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 15+ datapoints.

Spanaway, WA Mid-Term Rental Investment Snapshot

Based on 15+ mid-term rental datapoints

Median Cap Rate

5.2%

Avg Cash on Cash

-4.7%

Median Cashflow

-$432/mo

Avg Rent Estimate

$4,238/mo

Avg Price

$515,379

Price Range

$464,800 - $581,200

Rent to Price

0.82%

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 an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 15+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at -4.7%.

Across 15+ analyzed properties, Spanaway, WA mid-term rental investments show a median monthly cashflow of -$432 with average furnished rent estimates of $4,238/month. These figures reflect real property data, not projections.

21302 38th Avenue Ct E, Spanaway, WA 98387

Price

$548,200

Rent

$4,252

CachFlow

-$705

CoC

-6.36

Full Analysis

1513 198th Street E, Spanaway, WA 98387

Price

$498,600

Rent

$4,006

CachFlow

-$508

CoC

-4.97

Full Analysis

120 165th Street S, Spanaway, WA 98387

Price

$484,100

Rent

$4,258

CachFlow

-$199

CoC

-2

Full Analysis

1119 Lake Vista Boulevard S, Spanaway, WA 98387

Price

$976,600

Rent

$4,506

CachFlow

-$3,179

CoC

-17.1

Full Analysis

1417 196th Street Ct E, Spanaway, WA 98387

Price

$483,900

Rent

$3,920

CachFlow

-$413

CoC

-4.14

Full Analysis
15 of 15
1 / 3

Spanaway, WA Mid-Term Rental Market Insights

  • Median cashflow is -$432/month — careful deal selection is essential here
  • 5.2% median cap rate reflects a balanced risk-return profile
  • At 0% positive cashflow rate, Spanaway, WA requires selective property picks
  • Premium market with properties from $464,800 to $581,200
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis