Real Estate Investing in Oakesdale, Washington (99158)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 99158 (Oakesdale, WA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.8% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• 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 Oakesdale, WA (99158)?
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Market Analysis: 99158 Oakesdale
Investors eyeing 99158 need to respect the fundamentals at play. Home values of $285K come alongside slower price movement and elevated management overhead.
Rent of $1,044/mo on a $285K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 99158 sits below the stated 0.0% once reality is priced in.
In the broader WA picture, 99158 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
In practical terms, 601 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.
Strategically, 99158 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 Oakesdale:
Market Trends
Home Value History (with trend line)
📊 How Does 99158 Compare?
| Metric | 99158 | Oakesdale | Pullman, WA | Washington |
|---|---|---|---|---|
| Home Value | $285,003 | $285,003 | N/A | $591,536 |
| 5-Year CAGR | 4.7% | 4.7% | N/A | 5.9% |
| Avg Rent | $1,044 | $1,044 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 99158 (Oakesdale, WA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $285,003 |
| Monthly Rent | $1,044 |
| Price-to-Rent | 22.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +9.2% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 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 (2.9%). 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 99158
Population: 601
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 99158
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
How much should I expect to pay for a home in Oakesdale, WA?
Oakesdale, WA home values average about $285K. That price point suits investors targeting rentals with $1,044/mo in monthly income.
Are renters plentiful in Oakesdale, WA?
The tenant pool in Oakesdale, WA is solid, supported by local employment and population fundamentals. Rents of $1,044/mo are well-absorbed by the market.
Does Oakesdale, WA favor landlords or tenants?
Oakesdale, WA falls under WA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
What do landlords charge for rent in Oakesdale, WA?
Investors in Oakesdale, WA typically see rents near $1,044/mo per month against $285K home values - a solid setup for rental cash flow.
What is the typical vacancy rate in Oakesdale, WA?
Rental vacancy in Oakesdale, WA is elevated. Investors should budget normal turnover but not chronic empty units.
You know 99158 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 99158 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 99158 ranks in Pullman, WA
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