Is Ocean Shores, WA a good place to invest in rental property?

Ocean Shores, WA has a median modeled monthly cash flow of $-1,013 and a median cap rate of 3.0%, on a median sold price of $294,950. Prices changed -9.4% year over year.

What is the average cap rate in Ocean Shores, WA?

The median cap rate across recently sold homes in Ocean Shores, WA is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ocean Shores, WA?

The median sold price in Ocean Shores, WA is $294,950 (about $271 per square foot).

Investing in Ocean Shores, WA Real Estate

A data-driven snapshot of the Ocean Shores, WA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$294,950Median sold price

$271Median $/sqft

3.0%Median cap rate

$-1,013Modeled cash flow / mo

-9.4%Appreciation YoY

10.4Months of supply

466Active listings

538Sold (last 12 mo)

What the Ocean Shores numbers say

In Ocean Shores, WA, the median home sold for $294,950 (about $271 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,013 of monthly cash flow. Sold prices moved -9.4% over the past year. Inventory sits at about 10.4 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 3 fix-and-flip deals in Ocean Shores — listings where the estimated after-repair value beats list price + rehab.

Other Washington markets to compare

See Ocean Shores cash-flowing listings

CashFlowRE ranks every for-sale home in Ocean Shores, WA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Ocean Shores deals, or browse the national market data.