Real Estate Investing in Bucoda, Washington (98530)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 98530 (Bucoda, WA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.3% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 30.6% poverty rate — can affect rent collection.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bucoda, WA (98530)?
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Market Analysis: 98530 Bucoda
ZIP 98530 in Bucoda, WA carries a durable set of headwinds. Home values near $317K and rents of $1,494/mo sit inside a market where underwriting has to be tight.
Looking more closely, the numbers look inviting — $317K purchase price, 0.0% nominal cap — the work to hit that pro forma in 98530 is substantial and deserves full respect.
Statewide comparisons place 98530 among WA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 98530 ZIP's population of 511 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
Strategically, 98530 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Bucoda:
Market Trends
Home Value History (with trend line)
📊 How Does 98530 Compare?
| Metric | 98530 | Bucoda | Olympia-Lacey-Tumwater, WA | Washington |
|---|---|---|---|---|
| Home Value | $317,462 | $317,462 | N/A | $591,536 |
| 5-Year CAGR | 4.2% | 4.2% | N/A | 5.9% |
| Avg Rent | $1,494 | $1,494 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 98530 (Bucoda, WA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $317,462 |
| Monthly Rent | $1,494 |
| Price-to-Rent | 17.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +6.4% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +12.3% ▲ |
🏠 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 (3.7%). 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 98530
Population: 511
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
🎓 Nearby Colleges & Universities
Investor Insight: With 1,134 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of tenants rent in Bucoda, WA?
The renter base in Bucoda, WA is reasonable for the $1,494/mo price point. Screening well and pricing to market typically yields reliable tenants.
What strategy should investors use in Bucoda, WA?
Most investors in Bucoda, WA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How expensive is real estate in Bucoda, WA?
Homes in Bucoda, WA typically sell near $317K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
Can owner-occupants cash flow in Bucoda, WA?
House hacking in Bucoda, WA is a challenging. With home values around $317K and rents at $1,494/mo, owner-occupants can offset a meaningful share of PITI.
How landlord-friendly is Bucoda, WA?
WA ranks as a tenant-protective state for landlord-tenant law. Bucoda generally follows the statewide framework, so landlords face reasonable operating rules.
You know 98530 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 98530 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 98530 ranks in Olympia-Lacey-Tumwater, WA
Every ZIP in this metro, ranked. Free.
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