Port Angeles, WA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,647
Monthly Cash Flow
-$943
Principal + Equity
$3,585
Annual Total Gain
$31,702
Cash on Cash
-10.01%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C
Overall
Top-level market grade
Best Places to Retire in Washington
#41out of 284 markets
Best Places for Young Professionals in Washington
#285out of 489 markets
Places with the Best Public Schools in Washington
#146out of 286 markets
B-
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Port Angeles, WA.
In Port Angeles, WA, Short Term Rental (STR) regulations are governed by the city's Municipal Code. As of now, STRs are allowed in certain zones within the city, but there are specific regulations that investors should be aware of before purchasing a property for this purpose.
1. Zoning Restrictions: STRs are only permitted in certain zones within Port Angeles. Investors should check the city's zoning map to ensure that the property they are interested in is located in a zone where STRs are allowed.
2. Licensing and Permits: In order to operate a STR in Port Angeles, investors must obtain a business license and a short-term rental permit from the city. These permits may have specific requirements and fees associated with them.
3. Occupancy Limits: The city of Port Angeles has specific occupancy limits for STRs, which may vary depending on the size of the property. Investors should ensure that their property complies with these limits to avoid any potential fines or penalties.
4. Noise and Nuisance Regulations: The city has noise regulations in place to ensure that STRs do not disrupt the peace and quiet of residential neighborhoods. Investors should be aware of these regulations and take steps to ensure that their guests comply with them.
5. Taxation: STRs in Port Angeles are subject to lodging taxes, which must be collected and remitted to the city. Investors should be aware of their tax obligations and ensure that they are in compliance with all relevant laws and regulations.
6. Homeowner's Association Rules: If the property is located within a homeowner's association (HOA), investors should also be aware of any additional rules or restrictions that may apply to STRs within the community.
Overall, investors should thoroughly research and understand the STR regulations in Port Angeles before purchasing a property for this purpose. Failure to comply with these regulations could result in fines, penalties, or even the shutdown of the STR operation.
Market Trends Over Time
Explore 25 years of market data for Port Angeles, WA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Port Angeles, WA.
The LTR Genie Score of Port Angeles, WA is 68, indicating a moderate level of rentability for long-term rental properties in the area. This score is likely influenced by the stagnant LTR rent growth rate of 0.0%, suggesting limited potential for rental income growth. On the other hand, the STR Genie Score of 95 is very high, indicating strong potential for short-term rental or Airbnb properties. This high score is supported by the impressive STR Net ROI of 43.45% and a solid occupancy rate of 68.75.
Port Angeles, WA is a picturesque coastal city located on the Olympic Peninsula, known for its stunning views of the Strait of Juan de Fuca and proximity to Olympic National Park. The area attracts tourists and outdoor enthusiasts, making it a desirable location for short-term rental investments.
Considering the high STR Genie Score and the strong performance metrics for short-term rentals in Port Angeles, WA, it is recommended that real estate investors focus on short-term rental properties in this market. The potential for high returns and strong occupancy rates make it an attractive option for those looking to capitalize on the tourism industry in the area.
LTR Genie Score 93
$200,000
🛏 2 Beds🛁 1.0000 Baths🏙 1,582 sqft.🏠 SINGLE FAMILY