Real Estate Investing in Oakville, Washington (98568)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 98568 (Oakville, WA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Elevated vacancy: 10.4% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (1.0% CAGR).
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Oakville, WA (98568)?
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Market Analysis: 98568 Oakville
Investors eyeing 98568 need to respect the fundamentals at play. Home values of $386K come alongside slower price movement and elevated management overhead.
For an experienced owner, 98568 can be a a solid fit for hunting ground — but the discount at $386K reflects genuine risk that outside investors often underestimate.
ZIP 98568's metrics run below Grays Harbor County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Stepping back, 2,956 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 98568 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Oakville:
Market Trends
Home Value History (with trend line)
📊 How Does 98568 Compare?
| Metric | 98568 | Oakville | Aberdeen, WA | Washington |
|---|---|---|---|---|
| Home Value | $386,493 | $386,493 | N/A | $591,536 |
| 5-Year CAGR | 1.0% | 1.0% | N/A | 5.9% |
| Avg Rent | $1,494 | $1,494 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 98568 (Oakville, WA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $386,493 |
| Monthly Rent | $1,494 |
| Price-to-Rent | 21.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 4.0% |
📈 Home Appreciation
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +1.0% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 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 (3.0%). 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 98568
Population: 2,956
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 98568
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.
Frequently Asked Questions
Where do home prices stand in Oakville, WA?
Typical homes in Oakville, WA go for around $386K. The 5-year CAGR of 0.0% predictable price movement.
Do landlords face vacancy issues in Oakville, WA?
Occupancy in Oakville, WA runs stable with elevated vacancy. Well-priced units at $1,494/mo lease on reasonable timelines.
Are landlord laws favorable in Oakville, WA?
For rental operators, Oakville, WA rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
Does house hacking make sense in Oakville, WA?
The a challenging house-hack environment in Oakville, WA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What is the renter demographic in Oakville, WA?
Tenant demand in Oakville, WA is solid. The local workforce $1,494/mo rents across most rental classes.
You know 98568 now. You don’t know where it ranks.
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How 98568 ranks in Aberdeen, WA
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