Leavenworth, WA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,722
Monthly Cash Flow
-$1,961
Principal + Equity
$4,722
Annual Total Gain
$33,130
Cash on Cash
-13.95%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Best Places to Retire in Washington
#74out of 284 markets
Best Places to Raise a Family in Washington
#144out of 489 markets
Places with the Best Public Schools in Washington
#47out of 286 markets
B
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Leavenworth, WA.
Leavenworth, WA has specific regulations in place for short term rentals that investors should be aware of before purchasing a property for this purpose. Some key regulations include:
1. Permit Requirement: In Leavenworth, property owners must obtain a short term rental permit in order to legally operate a short term rental property. This permit must be renewed annually and there are specific requirements that must be met in order to obtain the permit.
2. Occupancy Limits: There are occupancy limits in place for short term rental properties in Leavenworth. These limits vary depending on the size of the property and must be adhered to in order to comply with regulations.
3. Noise and Nuisance Regulations: Property owners are responsible for ensuring that their short term rental property does not create excessive noise or disturbances for neighbors. There are specific regulations in place regarding noise levels and property owners must take steps to ensure that guests are respectful of the surrounding community.
4. Taxation: Short term rental properties in Leavenworth are subject to lodging taxes, which must be collected and remitted to the appropriate authorities. Property owners must ensure that they are in compliance with all tax regulations in order to avoid penalties.
5. Homeowner's Association Rules: If the property is located within a homeowner's association (HOA), investors should be aware of any additional regulations or restrictions that may be in place regarding short term rentals. It is important to review the HOA rules and regulations before purchasing a property for this purpose.
Overall, investors should thoroughly research and understand the regulations and requirements for short term rentals in Leavenworth before purchasing a property for this purpose. Failure to comply with these regulations can result in fines, penalties, and potential legal issues, so it is important to be fully informed before making an investment in this market.
Market Trends Over Time
Explore 25 years of market data for Leavenworth, WA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Leavenworth, WA.
The LTR Genie Score of Leavenworth, WA is 60, indicating a moderate level of attractiveness for long-term rental investment. The STR Genie Score of 78 suggests a high level of attractiveness for short-term rental or Airbnb investment. The high STR Genie Score can be attributed to the strong net ROI of 34.96% and a relatively high occupancy rate of 53.85%. On the other hand, the LTR Genie Score is likely lower due to the stagnant rent growth rate of 0.0%.
Leavenworth, WA is a charming Bavarian-style village located in the Cascade Mountains, known for its year-round festivals, outdoor activities, and picturesque scenery. The town attracts tourists from all over, making it a potentially lucrative market for short-term rental investments.
Based on the metrics provided, Leavenworth, WA appears to be more attractive for short-term rental investments due to the high STR Genie Score and strong net ROI. However, investors should also consider the potential for long-term rental investments, especially if there is room for rent growth in the future. Ultimately, a diversified investment strategy that includes both long-term and short-term rentals could be beneficial in this market.
