Real Estate Investing in Quilcene, Washington (98376)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 98376 (Quilcene, WA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 28.3% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 36.6 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Quilcene, WA (98376)?
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Market Analysis: 98376 Quilcene
The 98376 ZIP in Quilcene, WA is a local-operator market. Outside capital chasing a $470K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 98376 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 98376 among WA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 98376 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 98376 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Quilcene:
Property Strategy for 98376
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $387,606 | $1,010 | 1.9% | +6.0% | $387,606 |
| 2BR | $507,505 | $1,190 | 1.7% | +6.7% | $253,753 |
| 3BR | $568,796 | $1,660 | 2.1% | +6.7% | $189,599 |
Market Trends
Home Value History (with trend line)
📊 How Does 98376 Compare?
| Metric | 98376 | Quilcene | Port Angeles, WA | Washington |
|---|---|---|---|---|
| Home Value | $470,492 | $470,492 | N/A | $591,536 |
| 5-Year CAGR | 3.4% | 3.4% | N/A | 5.9% |
| Avg Rent | $1,071 | $1,071 | N/A | - |
| Cap Rate | 1.8% | 1.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 98376 (Quilcene, WA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $470,492 |
| Monthly Rent | $1,071 |
| Price-to-Rent | 36.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.7% |
| Cap Rate | 1.8% |
| 5-Year IRR | 5.2% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +3.4% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 98376
Population: 2,018
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 98376
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is Quilcene in WA worth investing in?
Quilcene, WA rates 2.0/5 for investability. With median values at $470K and rents near $1,071/mo, the market offers reasonable fundamentals for rental investors.
What is the typical renter like in Quilcene, WA?
The renter base in Quilcene, WA is reasonable for the $1,071/mo price point. Screening well and pricing to market typically yields measured tenants.
What is the typical vacancy rate in Quilcene, WA?
Expect elevated vacancy in Quilcene, WA. Rents at $1,071/mo are absorbed by the tenant base without meaningful lag.
What type of investing works in Quilcene, WA?
In Quilcene, WA the significant play is typically careful cash-flow rentals with hands-on management. The combination of $470K prices and $1,071/mo rents suits that approach.
What is the average monthly rent in Quilcene, WA?
The typical rental in Quilcene, WA commands about $1,071/mo monthly. That rent profile stable cash flow against the $470K purchase basis.
You know 98376 now. You don’t know where it ranks.
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How 98376 ranks in Port Angeles, WA
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