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
3.1%
Avg Cash on Cash
-15.3%
Median Cashflow
-$1,500/mo
Avg Rent Estimate
$2,752/mo
Avg Price
$625,427
Price Range
$323,400 - $1,111,400
Rent to Price
0.44%
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 3.1%, 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 -$1,500 with average rents of $2,752/month. Properties range from $323,400 to $1,111,400, offering entry points across multiple investment budgets.
2901 Applehill Court NE, Olympia, WA 98506
Price
$495,000
Rent
$2,503
CachFlow
-$1,169
CoC
-13.49
6937 Foothill Drive SW, Olympia, WA 98512
Price
$659,000
Rent
$3,207
CachFlow
-$1,780
CoC
-15.43
2648 Fishtrap Road NE, Olympia, WA 98506
Price
$1,341,000
Rent
$6,283
CachFlow
-$3,866
CoC
-16.47
Olympia, WA Rental Market Insights
- •Median cashflow is -$1,500/month — careful deal selection is essential here
- •3.1% 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