Spokane, WA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Spokane, WA. Based on 30+ datapoints.
Spokane, WA Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
3.2%
Avg Cash on Cash
-15%
Median Cashflow
-$1,134/mo
Avg Rent Estimate
$2,349/mo
Avg Price
$543,932
Price Range
$200,000 - $1,285,000
Rent to Price
0.43%
low ratio
Positive Cashflow
6%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Spokane, WA
Spokane, WA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.2%, 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 Spokane, WA is -$1,134 with average rents of $2,349/month. Properties range from $200,000 to $1,285,000, offering entry points across multiple investment budgets.
5443 S Quail Ridge Cir, Spokane, WA 99223
Price
$686,700
Rent
$1,878
CachFlow
-$3,805
CoC
-31.66
7302 E Bigelow Gulch Rd, Spokane, WA 99217
Price
$474,600
Rent
$2,470
CachFlow
-$1,060
CoC
-12.76
Spokane, WA Rental Market Insights
- •Median cashflow is -$1,134/month — careful deal selection is essential here
- •3.2% median cap rate is typical of appreciation-focused markets
- •At 6% positive cashflow rate, Spokane, WA requires selective property picks
- •Premium market with properties from $200,000 to $1,285,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs