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Chelan

Chelan County, WA

STR Investment Grade

Transparent Scoring
D
41/100
⚠️ CAUTION
Score Breakdown
💰Cash-on-Cash
10/35
🏠Affordability
2/25
📅Year-Round Income
12/15
🤝Landlord Friendly
5/10
📈Room to Grow
12/15
Cash-on-Cash
0.8%
Break-even
Median Home
$476K
Very Expensive
Room to Grow
12/15
Good Headroom

STRs Generally Permitted

STRs generally allowed with standard permits

No major restrictions known. Standard registration and tax collection may be required. Check local ordinances for specific requirements.

Permit: Moderate
AI-generated regulation data · Regulations change frequently
📋 Before You Invest
Even in STR-friendly markets, confirm the details for your specific property. Call the Chelan City Clerk or Planning & Zoning Department and ask:
1. Are short-term rentals (under 30 days) allowed at [your address]?
2. What permits or licenses are required?
3. Are there owner-occupancy requirements?
4. Any caps on rental nights per year or number of permits?
Regulation details vary by neighborhood and zoning district — always verify for your specific address.

Why Chelan?

Lake Market

What drives short-term rental demand here

🌊
Lakefront Appeal

Waterfront properties command premium rates with strong summer demand and growing shoulder seasons.

🔥
High Demand Zone

Strong traveler demand supports a competitive market with proven revenue potential.

🍷
Wine Country

Wine tourism and culinary experiences attract affluent travelers willing to pay premium rates.

Will This Deal Work?

Investment Grade
D
Break-even
CoC: 0.8%
Can You Pay the Bills?
YES
Income covers mortgage
THE BOTTOM LINE ⚠️

Below average. Significant challenges may impact profitability.

💵
$243
Avg ADR
📅
55%
Occupancy
💰
$4,009
Monthly Revenue
🏠
$476K
Median Price

Market estimates · Updated Feb 2026

📊 Income by Property Size

Monthly revenue estimates by bedroom count

1BR
$2,204
2BR
$3,006
3BR
$4,009
4BR
$5,412
5BR
$6,614
6BR+
$7,817
⭐ Best

🏠 Top Amenities for This Market

Add these to boost your revenue

MUST HAVEBoat Dock
+28%
MUST HAVELake Views
+18%
HIGH IMPACTKayaks/Canoes
+12%
HIGH IMPACTFire Pit
+10%
NICE TO HAVEHot Tub
+15%

🎯 Your Next Steps

1
Search for 6BR+ properties
Best income potential at $7,817/month
2
Add a Boat Dock
Boost revenue by +28%
3
Target $5,011/month
Top 25% performer income goal

📋 Regulation Status

LegalPermit: Moderate

Regulations vary by city and county. Always verify local STR ordinances, permit requirements, and zoning laws before purchasing.

Research Comparable Listings

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Chelan, Washington is rated D for Airbnb investment with a score of 41/100 (CAUTION). The market has an average daily rate (ADR) of $243, 55% occupancy, and estimated monthly STR revenue of $4,009. Median home value is $475,644 with a cash-on-cash return of 0.8%. STR regulation status: Legal. Data powered by Edge by Teeco using estimated market data.