Real Estate Investing in Hoquiam, Washington (98550)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 98550 (Hoquiam, WA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 8.8% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Hoquiam, WA (98550)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 98550 Hoquiam
The 98550 ZIP in Hoquiam, WA is a local-operator market. Outside capital chasing a $246K entry has to pair deep knowledge with the discount.
For an experienced owner, 98550 can be a a solid fit for hunting ground — but the discount at $246K reflects genuine risk that outside investors often underestimate.
Within WA, ZIP 98550 trails on several market indicators that neighboring Grays Harbor County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
Resident income in 98550 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Hoquiam:
Property Strategy for 98550
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $196,015 | $1,200 | 4.4% | +7.9% | $98,007 |
| 3BR | $267,735 | $1,670 | 4.5% | +7.7% | $89,245 |
| 4BR | $291,203 | $1,840 | 4.5% | +8.5% | $72,801 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 98550 Compare?
| Metric | 98550 | Hoquiam | Aberdeen, WA | Washington |
|---|---|---|---|---|
| Home Value | $245,980 | $245,980 | N/A | $591,536 |
| 5-Year CAGR | 2.8% | 2.8% | N/A | 5.9% |
| Avg Rent | $1,492 | $1,492 | N/A | - |
| Cap Rate | 4.7% | 4.7% | - | - |
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 98550 (Hoquiam, WA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $245,980 |
| Monthly Rent | $1,492 |
| Price-to-Rent | 13.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.7% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +0.4% ▲ |
| 3-Year CAGR | +1.1% ▲ |
| 5-Year CAGR | +2.8% ▲ |
| 10-Year CAGR | +11.2% ▲ |
🏠 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 (4.7%). 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 98550
Population: 12,274
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 98550
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
Investor Insight: With 718 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is WA a landlord-friendly state?
WA ranks as a tenant-protective state for landlord-tenant law. Hoquiam generally follows the statewide framework, so landlords face reasonable operating rules.
Which investment style suits Hoquiam, WA?
Most investors in Hoquiam, 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 do home values compare in Hoquiam, WA?
Median home price in Hoquiam, WA is near $246K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
Is Hoquiam, WA good for house hacking?
Hoquiam, WA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $246K price point reasonable to enter.
What is the typical renter like in Hoquiam, WA?
Tenant demand in Hoquiam, WA is solid. The local workforce $1,492/mo rents across most rental classes.
You know 98550 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 98550 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 98550 ranks in Aberdeen, WA
Every ZIP in this metro, ranked. Free.
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