Best neighborhood for rental investment and home value appreciation

Asked by Joan, Tenino, WA Wed Mar 20, 2013

I'm looking to buy a single family residential house in Olympia at below $250,000 range. I wonder which neighborhood would be the best in terms of rental investment and home value appreciation. Thanks.

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Karin Zeigler, Agent, Olympia, WA
Thu Mar 21, 2013
HI Joan, Look for a home that is close to Hospital, JBLM, shopping, capital bldg. Home with 3+ BR, 2+ Ba, with a yard. Target audience military, state and federal employees, medical personnel . Certified Investment Agent Specialist
0 votes
THANKS Karin!
Flag Fri Mar 22, 2013
Anke Matthews, Agent, Olympia, WA
Wed Mar 20, 2013
The rental market in the Olympia/Lacey/Tumwater area is excellent. Keep in mind the close proximity to Lewis McCord since you are looking for an investment property.
0 votes
Great point. Thanks Anke!
Flag Thu Mar 21, 2013
, ,
Wed Mar 20, 2013
A neighborhood that is close to a community college or university is always worth considering for both students and faculty renters. Neighborhoods in the vicinity of state offices are also good. That includes many areas in Olympia, Tumwater and Lacey. There are many factors that will affect appreciation but location is always at the top of the list.
0 votes
Thanks Shelly!
Flag Fri Mar 22, 2013
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