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

3.2%

Avg Cash on Cash

-14.5%

Median Cashflow

-$1,216/mo

Avg Rent Estimate

$2,322/mo

Avg Price

$506,042

Price Range

$267,800 - $855,700

Rent to Price

0.46%

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 3.2%, 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 -$1,216 with average rents of $2,322/month. Properties range from $267,800 to $855,700, offering entry points across multiple investment budgets.

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

5507 N Bemis St, Spokane, WA 99205

Price

$361,700

Rent

$2,229

CachFlow

-$663

CoC

-10.47

Full Analysis

14325 E Cloverdale Ln, Spokane, WA 99216

Price

$460,400

Rent

$2,153

CachFlow

-$1,350

CoC

-16.76

Full Analysis

3010 W Bismark Ave, Spokane, WA 99205

Price

$394,300

Rent

$2,027

CachFlow

-$1,022

CoC

-14.81

Full Analysis
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Spokane, WA Rental Market Insights

  • Median cashflow is -$1,216/month — careful deal selection is essential here
  • 3.2% 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 $855,700
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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