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

2.3%

Avg Cash on Cash

-16.9%

Median Cashflow

-$2,048/mo

Avg Rent Estimate

$2,675/mo

Avg Price

$671,312

Price Range

$335,000 - $1,111,400

Rent to Price

0.4%

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 50+ analyzed properties, the median monthly cashflow in Olympia, WA is -$2,048 with average rents of $2,675/month. Properties range from $335,000 to $1,111,400, offering entry points across multiple investment budgets.

3924 Prestwick Lane SE, Olympia, WA 98501

Price

$928,600

Rent

$3,118

CachFlow

-$3,490

CoC

-21.48

Full Analysis

8440 Homestead Avenue NE, Olympia, WA 98516

Price

$625,200

Rent

$3,119

CachFlow

-$1,500

CoC

-13.71

Full Analysis

8224 Mullen Road SE, Olympia, WA 98503

Price

$687,200

Rent

$2,410

CachFlow

-$2,314

CoC

-19.24

Full Analysis

7621 Ostrander Court SE, Olympia, WA 98501

Price

$927,900

Rent

$3,169

CachFlow

-$3,336

CoC

-20.54

Full Analysis

619 Hidden Forest Drive SE, Olympia, WA 98513

Price

$447,300

Rent

$2,478

CachFlow

-$923

CoC

-11.79

Full Analysis
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Olympia, WA Rental Market Insights

  • Median cashflow is -$2,048/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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