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 40+ datapoints.

Olympia, WA Long-Term Rental Investment Snapshot

Based on 40+ long-term rental datapoints

Median Cap Rate

2.9%

Avg Cash on Cash

-16.2%

Median Cashflow

-$1,728/mo

Avg Rent Estimate

$2,871/mo

Avg Price

$678,829

Price Range

$323,400 - $1,301,800

Rent to Price

0.42%

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 2.9%, 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 40+ analyzed properties, the median monthly cashflow in Olympia, WA is -$1,728 with average rents of $2,871/month. Properties range from $323,400 to $1,301,800, offering entry points across multiple investment budgets.

1858 21st Avenue SE, Olympia, WA 98501

Price

$546,400

Rent

$2,712

CachFlow

-$1,566

CoC

-16.38

Full Analysis

1537 Colonial Court SW, Olympia, WA 98512

Price

$1,301,800

Rent

$2,869

CachFlow

-$6,339

CoC

-27.83

Full Analysis

845 Bodie Court SE, Olympia, WA 98513

Price

$639,300

Rent

$3,012

CachFlow

-$1,923

CoC

-17.19

Full Analysis

2421 Beaver Creek Drive SW, Olympia, WA 98512

Price

$814,200

Rent

$2,777

CachFlow

-$2,919

CoC

-20.49

Full Analysis

7537 12th Avenue NE, Olympia, WA 98516

Price

$475,700

Rent

$2,493

CachFlow

-$1,148

CoC

-13.79

Full Analysis
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Olympia, WA Rental Market Insights

  • Median cashflow is -$1,728/month — careful deal selection is essential here
  • 2.9% 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 $1,301,800
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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