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 40+ datapoints.

Spokane, WA Long-Term Rental Investment Snapshot

Based on 40+ long-term rental datapoints

Median Cap Rate

3.8%

Avg Cash on Cash

-13.7%

Median Cashflow

-$1,022/mo

Avg Rent Estimate

$2,337/mo

Avg Price

$490,482

Price Range

$267,800 - $819,000

Rent to Price

0.48%

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 3.8%, 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 40+ analyzed properties, the median monthly cashflow in Spokane, WA is -$1,022 with average rents of $2,337/month. Properties range from $267,800 to $819,000, offering entry points across multiple investment budgets.

5917 N Stevens St, Spokane, WA 99205

Price

$371,300

Rent

$2,233

CachFlow

-$672

CoC

-10.34

Full Analysis

3313 E 12th Ave, Spokane, WA 99202

Price

$422,700

Rent

$2,492

CachFlow

-$888

CoC

-12

Full Analysis

4818 N Lee St, Spokane, WA 99207

Price

$310,000

Rent

$1,979

CachFlow

-$419

CoC

-7.72

Full Analysis

13106 E Copper River Ln, Spokane, WA 99206

Price

$943,500

Rent

$3,305

CachFlow

-$3,482

CoC

-21.09

Full Analysis

4115 W Howesdale Rd, Spokane, WA 99208

Price

$592,950

Rent

$3,589

CachFlow

-$1,007

CoC

-9.7

Full Analysis
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Spokane, WA Rental Market Insights

  • Median cashflow is -$1,022/month — careful deal selection is essential here
  • 3.8% 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 $819,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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