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.
15628 N Little Spokane Dr, Spokane, WA 99208
Price
$752,900
Rent
$2,976
CachFlow
-$2,434
CoC
-18.47
14325 E Cloverdale Ln, Spokane, WA 99216
Price
$460,400
Rent
$2,153
CachFlow
-$1,350
CoC
-16.76
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