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 15+ datapoints.

Olympia, WA Short-Term Rental / Airbnb Investment Snapshot

Based on 15+ short-term rental / airbnb datapoints

Median Cap Rate

3.6%

Avg Cash on Cash

-12.2%

Median Cashflow

-$1,158/mo

Avg Rent Estimate

$3,884/mo

Avg Price

$560,930

Price Range

$399,200 - $830,000

Rent to Price

0.69%

low ratio

Positive Cashflow

0%

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 3.6%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.

Across 15+ analyzed properties, Olympia, WA STR investments show a median monthly cashflow of -$1,158 with an average estimated nightly-rate-adjusted revenue of $3,884/month. These figures reflect real property data, not projections.

1438 Ann Street NE, Olympia, WA 98506

Price

$958,200

Rent

$3,286

CachFlow

-$4,080

CoC

-22.33

Full Analysis

8227 Daycrest Drive SE, Olympia, WA 98513

Price

$388,400

Rent

$4,012

CachFlow

-$251

CoC

-3.03

Full Analysis

5479 Rumac Street SE, Lacey, WA 98513

Price

$458,300

Rent

$3,969

CachFlow

-$508

CoC

-5.34

Full Analysis

5440 Hollis Drive SE, Olympia, WA 98513

Price

$335,000

Rent

$4,932

CachFlow

$645

CoC

8.76

Full Analysis

3841 Mari Lane SE, Olympia, WA 98513

Price

$882,100

Rent

$4,187

CachFlow

-$3,075

CoC

-18.16

Full Analysis

Olympia, WA Airbnb Market Insights

  • Median cashflow is -$1,158/month — careful deal selection is essential here
  • 3.6% 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 $399,200 to $830,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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