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 50+ datapoints.

Olympia, WA Long-Term Rental Investment Snapshot

Based on 50+ long-term rental datapoints

Median Cap Rate

2.5%

Avg Cash on Cash

-16.3%

Median Cashflow

-$1,690/mo

Avg Rent Estimate

$2,678/mo

Avg Price

$654,696

Price Range

$323,400 - $1,111,400

Rent to Price

0.41%

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 2.5%, 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 50+ analyzed properties, the median monthly cashflow in Olympia, WA is -$1,690 with average rents of $2,678/month. Properties range from $323,400 to $1,111,400, offering entry points across multiple investment budgets.

1038 Skyridge Street SE, Olympia, WA 98503

Price

$323,400

Rent

$2,355

CachFlow

-$256

CoC

-4.52

Full Analysis

2316 Burbank Avenue NW, Olympia, WA 98502

Price

$535,000

Rent

$2,725

CachFlow

-$1,216

CoC

-12.99

Full Analysis

6909 Marvin Road NE, Olympia, WA 98516

Price

$601,700

Rent

$2,804

CachFlow

-$1,539

CoC

-14.62

Full Analysis

2228 Tandem Court SE, Olympia, WA 98501

Price

$466,100

Rent

$2,402

CachFlow

-$694

CoC

-8.51

Full Analysis

501 Penguin Court SE, Olympia, WA 98503

Price

$422,900

Rent

$2,579

CachFlow

-$711

CoC

-9.61

Full Analysis
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Olympia, WA Rental Market Insights

  • Median cashflow is -$1,690/month — careful deal selection is essential here
  • 2.5% 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 $323,400 to $1,111,400
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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