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 50+ datapoints.
Spokane, WA Long-Term Rental Investment Snapshot
Based on 50+ long-term rental datapoints
Median Cap Rate
3.2%
Avg Cash on Cash
-14.5%
Median Cashflow
-$1,098/mo
Avg Rent Estimate
$2,283/mo
Avg Price
$528,031
Price Range
$248,600 - $1,169,500
Rent to Price
0.43%
low ratio
Positive Cashflow
2%
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 50+ analyzed properties, the median monthly cashflow in Spokane, WA is -$1,098 with average rents of $2,283/month. Properties range from $248,600 to $1,169,500, offering entry points across multiple investment budgets.
Spokane, WA Rental Market Insights
- •Median cashflow is -$1,098/month — careful deal selection is essential here
- •3.2% median cap rate is typical of appreciation-focused markets
- •At 2% positive cashflow rate, Spokane, WA requires selective property picks
- •Premium market with properties from $248,600 to $1,169,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs