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

2.3%

Avg Cash on Cash

-17%

Median Cashflow

-$2,052/mo

Avg Rent Estimate

$2,608/mo

Avg Price

$671,850

Price Range

$335,000 - $1,111,400

Rent to Price

0.39%

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 40+ analyzed properties, the median monthly cashflow in Olympia, WA is -$2,052 with average rents of $2,608/month. Properties range from $335,000 to $1,111,400, offering entry points across multiple investment budgets.

3800 Long Lake Drive SE, Olympia, WA 98503

Price

$1,595,300

Rent

$3,189

CachFlow

-$7,057

CoC

-25.28

Full Analysis

5530 55th Loop SE, Olympia, WA 98513

Price

$468,600

Rent

$2,494

CachFlow

-$991

CoC

-12.08

Full Analysis

5311 75th Court SW, Olympia, WA 98512

Price

$413,000

Rent

$2,342

CachFlow

-$805

CoC

-11.14

Full Analysis

442 Cougar Street SE, Olympia, WA 98503

Price

$478,700

Rent

$2,494

CachFlow

-$1,074

CoC

-12.82

Full Analysis

4702 Luhr Road NE, Olympia, WA 98516

Price

$1,671,500

Rent

$3,971

CachFlow

-$6,914

CoC

-23.64

Full Analysis
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Olympia, WA Rental Market Insights

  • Median cashflow is -$2,052/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 $1,111,400
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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