REI Lense

REI Lense

Olympia, WA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Olympia, WA. Based on 30+ datapoints.

Olympia, WA Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

2.3%

Avg Cash on Cash

-17.4%

Median Cashflow

-$2,075/mo

Avg Rent Estimate

$2,573/mo

Avg Price

$670,535

Price Range

$335,000 - $1,067,900

Rent to Price

0.38%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Olympia, WA

Olympia, WA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 2.3%, 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 Olympia, WA is -$2,075 with average rents of $2,573/month. Properties range from $335,000 to $1,067,900, offering entry points across multiple investment budgets.

4414 Goldcrest Drive NW, Olympia, WA 98502

Price

$586,400

Rent

$2,831

CachFlow

-$1,502

CoC

-14.64

Full Analysis

1917 Allegro Drive SE, Olympia, WA 98501

Price

$1,043,500

Rent

$2,860

CachFlow

-$4,089

CoC

-22.39

Full Analysis

1235 Neil Street NE, Olympia, WA 98516

Price

$438,400

Rent

$2,230

CachFlow

-$947

CoC

-12.34

Full Analysis

3226 75th Avenue SE, Olympia, WA 98501

Price

$749,900

Rent

$2,716

CachFlow

-$2,410

CoC

-18.36

Full Analysis

5042 Raccoon Valley Road SE, Olympia, WA 98513

Price

$550,000

Rent

$1,815

CachFlow

-$2,048

CoC

-21.28

Full Analysis
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Olympia, WA Rental Market Insights

  • Median cashflow is -$2,075/month — careful deal selection is essential here
  • 2.3% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Olympia, WA requires selective property picks
  • Premium market with properties from $335,000 to $1,067,900
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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