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
-$1,136/mo
Avg Rent Estimate
$2,342/mo
Avg Price
$547,649
Price Range
$200,000 - $1,285,000
Rent to Price
0.43%
low ratio
Positive Cashflow
3%
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 -$1,136 with average rents of $2,342/month. Properties range from $200,000 to $1,285,000, offering entry points across multiple investment budgets.
Spokane, WA Rental Market Insights
- •Median cashflow is -$1,136/month — careful deal selection is essential here
- •3.2% median cap rate is typical of appreciation-focused markets
- •At 3% 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