REI Lense

REI Lense

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

3.4%

Avg Cash on Cash

-13.7%

Median Cashflow

-$1,024/mo

Avg Rent Estimate

$2,308/mo

Avg Price

$486,166

Price Range

$267,800 - $793,600

Rent to Price

0.47%

low ratio

Positive Cashflow

0%

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 3.4%, 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 -$1,024 with average rents of $2,308/month. Properties range from $267,800 to $793,600, offering entry points across multiple investment budgets.

4305 S Miami St, Spokane, WA 99223

Price

$527,500

Rent

$2,998

CachFlow

-$1,025

CoC

-11.1

Full Analysis

4204 S Conklin St, Spokane, WA 99203

Price

$508,400

Rent

$2,387

CachFlow

-$1,385

CoC

-15.57

Full Analysis

7119 E 6th Ave, Spokane, WA 99212

Price

$336,700

Rent

$2,041

CachFlow

-$581

CoC

-9.86

Full Analysis

5529 N Radium Ln, Spokane, WA 99217

Price

$566,000

Rent

$2,566

CachFlow

-$1,788

CoC

-18.05

Full Analysis

15628 N Little Spokane Dr, Spokane, WA 99208

Price

$752,900

Rent

$2,976

CachFlow

-$2,434

CoC

-18.47

Full Analysis
15 of 32
1 / 7

Spokane, WA Rental Market Insights

  • Median cashflow is -$1,024/month — careful deal selection is essential here
  • 3.4% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Spokane, WA requires selective property picks
  • Premium market with properties from $267,800 to $793,600
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis