Real Estate Investing in Westport, Washington (98595)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 98595 (Westport, WA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 43.8% 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 28.4 — 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 Westport, WA (98595)?
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Market Analysis: 98595 Westport
Put differently, ZIP 98595 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $322K median. It rewards specialists, not generalists.
The 98595 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 98595'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.
Demographically, 98595 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
looks to 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 Westport:
Property Strategy for 98595
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $324,966 | $1,050 | 2.3% | +8.5% | $162,483 |
| 3BR | $383,819 | $1,470 | 2.8% | +7.3% | $127,940 |
Market Trends
Home Value History (with trend line)
📊 How Does 98595 Compare?
| Metric | 98595 | Westport | Aberdeen, WA | Washington |
|---|---|---|---|---|
| Home Value | $322,175 | $322,175 | N/A | $591,536 |
| 5-Year CAGR | 2.8% | 2.8% | N/A | 5.9% |
| Avg Rent | $945 | $945 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
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 98595 (Westport, WA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $322,175 |
| Monthly Rent | $945 |
| Price-to-Rent | 28.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 5.1% |
📈 Home Appreciation
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | -0.1% ▼ |
| 5-Year CAGR | +2.8% ▲ |
| 10-Year CAGR | +8.2% ▲ |
🏠 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 (2.3%). 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 98595
Population: 2,591
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 98595
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
Does a duplex house hack pencil in Westport, WA?
House hacking in Westport, WA is reasonable to execute. Prices around $322K and rents of $945/mo solid owner-occupant economics.
How does Westport, WA stack up for property investment?
The 3.0/5 investability rating in Westport, WA reflects its $322K prices and $945/mo rents. Investors generally consider it a solid option within WA.
What is the median home value in Westport, WA?
Westport, WA median home values land near $322K. That is reasonable territory for investors looking at $945/mo-per-month rentals.
How strong are rents in Westport, WA?
Rent in Westport, WA is around $945/mo. The resulting rent-to-value relationship with $322K pricing is reasonable for most investor models.
Are renters plentiful in Westport, WA?
The tenant pool in Westport, WA is solid, supported by local employment and population fundamentals. Rents of $945/mo are well-absorbed by the market.
You know 98595 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 98595 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 98595 ranks in Aberdeen, WA
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