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 30+ datapoints.

Olympia, WA Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

2.3%

Avg Cash on Cash

-17.1%

Median Cashflow

-$2,075/mo

Avg Rent Estimate

$2,603/mo

Avg Price

$678,203

Price Range

$335,000 - $1,111,400

Rent to Price

0.38%

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 30+ analyzed properties, the median monthly cashflow in Olympia, WA is -$2,075 with average rents of $2,603/month. Properties range from $335,000 to $1,111,400, offering entry points across multiple investment budgets.

4606 Herman Road SE, Olympia, WA 98501

Price

$1,111,400

Rent

$3,018

CachFlow

-$4,267

CoC

-21.94

Full Analysis

6932 105th Avenue SW, Olympia, WA 98512

Price

$924,400

Rent

$2,968

CachFlow

-$3,123

CoC

-19.31

Full Analysis

3223 63rd Avenue SW Lot33, Olympia, WA 98512

Price

$528,300

Rent

$2,745

CachFlow

-$1,159

CoC

-12.54

Full Analysis

642 Hidden Forest Drive SE, Olympia, WA 98513

Price

$466,600

Rent

$2,513

CachFlow

-$682

CoC

-8.35

Full Analysis

4604 20th Way NE, Olympia, WA 98516

Price

$489,950

Rent

$2,254

CachFlow

-$1,294

CoC

-15.09

Full Analysis
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Olympia, WA Rental Market Insights

  • Median cashflow is -$2,075/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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