REI Lense

REI Lense

Olympia, WA Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Olympia, WA. Based on 20+ datapoints.

Olympia, WA Short-Term Rental / Airbnb Investment Snapshot

Based on 20+ short-term rental / airbnb datapoints

Median Cap Rate

3.5%

Avg Cash on Cash

-12.6%

Median Cashflow

-$1,293/mo

Avg Rent Estimate

$3,763/mo

Avg Price

$599,176

Price Range

$335,000 - $1,043,500

Rent to Price

0.63%

low ratio

Positive Cashflow

3%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Olympia, WA

Olympia, WA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 3.5%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.

Across 20+ analyzed properties, Olympia, WA STR investments show a median monthly cashflow of -$1,293 with an average estimated nightly-rate-adjusted revenue of $3,763/month. These figures reflect real property data, not projections.

5311 75th Court SW, Olympia, WA 98512

Price

$413,000

Rent

$3,425

CachFlow

-$757

CoC

-8.67

Full Analysis

442 Cougar Street SE, Olympia, WA 98503

Price

$478,700

Rent

$3,844

CachFlow

-$921

CoC

-9.32

Full Analysis

6235 Swayne Drive NE, Olympia, WA 98516

Price

$967,900

Rent

$5,368

CachFlow

-$3,116

CoC

-16.9

Full Analysis

4930 Glendale Court SE, Olympia, WA 98501

Price

$571,800

Rent

$4,127

CachFlow

-$1,293

CoC

-11.24

Full Analysis

3921 89th Avenue SE, Olympia, WA 98501

Price

$756,400

Rent

$3,142

CachFlow

-$2,741

CoC

-18.6

Full Analysis
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Olympia, WA Airbnb Market Insights

  • Median cashflow is -$1,293/month — careful deal selection is essential here
  • 3.5% median cap rate is typical of appreciation-focused markets
  • At 3% positive cashflow rate, Olympia, WA requires selective property picks
  • Premium market with properties from $335,000 to $1,043,500
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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