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Ocean Shores, WA | City Real Estate Market Analysis

Ocean Shores, Grays Harbor County, Washington
City Analysis Real Estate Market WA Grays Harbor County
Ocean Shores
Market Insight

Ocean Shores, WA Investment Potential Analysis

Market analysis for Ocean Shores, WA will appear here once data is available. This section will surface investment opportunities, risk assessments, neighbourhood trends, and local real estate insights specific to this market.

Avg. Home Value
🏠 Median residential property value in Ocean Shores.
0.87%
Property Tax Rate
🏛️ Effective property tax rate for this market.
$44,583
Avg. Household Income
💵 Average annual household income in the area.
5,844
Population
👥 Total city population estimate.
Unemployment Rate
📊 Local unemployment vs. national benchmark.

Ocean Shores, WA Real Estate Market Property Overview

  • Real estate market overview for Ocean Shores, WA, Grays Harbor County
  • Population of 5,844
  • Average household income of $44,583
  • Property tax rate of 0.87%
  • Median resident age of 59.40

Property Details

City Ocean Shores State Washington
County Grays Harbor Country USA
Population 5,844 Median Age 59.40
Avg. Household Income $44,583 Median Home Value N/A
Unemployment Rate N/A Property Tax Rate 0.87%
Top Industries N/A Economic Overview N/A
Coordinates 46.9684, -124.1520 Properties Listed 0

Model investment returns using Ocean Shores, WA market data as defaults

25%
5.0%
30 years
0.87%
5 years
3.0%
Down Payment Amount:$125,000
Loan Amount:$375,000
Monthly Mortgage:$2,012
Monthly Tax:$490
Total Monthly Payment:$2,502
Monthly Cash Flow:$581
Cash on Cash Return:5.6%
Cap Rate:5.0%
Debt Coverage Ratio:1.23x
IRR (5 years):8.4%
Projected Property Value:$579,637
Total Equity:$234,891
📊Monthly Payment Analysis

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💵Cash on Cash Return

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🚀Internal Rate of Return

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🏛️Property Tax Analysis

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* Calculations use Ocean Shores, WA median home value as the default purchase price. All figures are estimates only. Consult financial and legal professionals before investing.

Capital Allocation Comparison

Direct ownership vs. passive CRE platform exposure

Compare the same starting capital across two allocation paths: direct property ownership with operational responsibility, debt exposure, and single-asset concentration, versus a professionally managed REI Capital platform strategy built around institutional underwriting and a 9% target annual growth projection.

Direct Property Ownership
  • Concentrated exposure to one property and market
  • Debt service, refinancing, and rate sensitivity
  • Active leasing, vendor, and asset oversight
  • Vacancy, capex, and maintenance obligations
  • Illiquid exit process with timing risk
  • Transaction costs can compress realized returns
Projected direct ownership outcome Calculating…
VS
REI Capital Platform Exposure
  • Passive exposure without direct operator liability
  • Institutional underwriting and acquisition discipline
  • Professional asset management and reporting
  • Strategy designed to reduce single-asset concentration
  • 9% annual target growth projection for comparison
  • Curated deal flow with a passive capital framework
Projected platform exposure at 9% target Calculating…
Projected difference

Calculating the comparison…

* REI Capital Growth uses a 9% target annual growth projection for comparison only. Returns are not guaranteed and actual results may vary. Consult a financial professional before making investment decisions.

Who This Is Designed For

Built for investors evaluating passive commercial real estate exposure

REI Capital is positioned for investors who want institutional-quality underwriting, disciplined capital deployment, and real estate exposure without managing the asset directly.

Accredited Investors

Deploy capital into a professionally managed real estate strategy without taking on daily operator responsibilities.

Family Offices

Evaluate long-duration CRE exposure with an emphasis on underwriting discipline and capital preservation.

1031 Exchange Buyers

Compare direct replacement ownership against passive alternatives with reduced operational complexity.

High-Income Professionals

Access commercial real estate exposure while preserving time, focus, and liquidity for core priorities.

Where Your NOI Goes Each Month

* Distribution based on current inputs. Actual expenses may vary.

ROI Over Time: Direct Ownership vs REI Capital

* Property return uses a conservative 3.8%–4.2% annual capital appreciation assumption. REI Capital uses a 9% target projection. Returns are not guaranteed.

Deployment Scenario Analysis

Your Down Payment: Direct Ownership vs REI Capital Platform Exposure

Same starting capital. Compare a direct ownership path against passive capital deployment through REI Capital.

Direct ownership (3.8%–4.2% appreciation) REI Capital (9% target)

* "Direct ownership" shows the same down payment growing at the selected 3.8%–4.2% annual capital appreciation rate. "REI Capital" shows the same down payment growing at 9% annual target. Returns are not guaranteed.

Allocation Rationale

Why sophisticated investors choose passive CRE exposure

Direct ownership can be powerful, but it also concentrates capital, time, and execution risk into one asset. Passive CRE exposure helps investors participate in professionally managed real estate strategies while reducing the operational burden of owning the property themselves.

  • Professional underwriting before capital deployment
  • Reduced exposure to single-asset operational demands
  • Access to institutional sourcing and asset management
  • Passive framework built for long-term capital strategy
  • Clearer comparison against direct ownership costs
  • Time-efficient exposure for qualified investors
Investor Materials

A more efficient way to deploy capital

The analysis above is only the starting point. Review the REI Capital investment materials to understand the acquisition strategy, underwriting framework, risk controls, and investor onboarding process behind the 9% target projection.

  • Acquisition strategy & deal flow
  • Underwriting and risk framework
  • Platform team and execution process
  • Investor qualification and next steps
Access Investment Materials

For qualified investors · Private overview · PDF access

Investment Due Diligence For Ocean Shores, WA Income Property

Key questions for informed investment decisions

What's the overall investment outlook for Ocean Shores, WA, considering its demographics and economy? +
With a median age of 59.4 and a relatively low poverty rate of 12.2%, Ocean Shores presents a stable market, further supported by its high health insurance coverage of 95.6% and a strong employment base in industries like Accommodation & Food Services and Retail Trade, indicating a reliable tenant pool.
How does the ethnic diversity and foreign-born rate impact the demand for housing in Ocean Shores? +
The city's ethnic diversity, led by a predominant White population (92.6%) and a low foreign-born rate of 2.6%, suggests a relatively homogeneous community, which, combined with its top industries and high homeownership rate of 83.2%, may indicate a stable but potentially slower-growing housing market.
What are the implications of the commute time and health insurance rate for real estate investors in Ocean Shores? +
The average commute time of 20.4 minutes, primarily driven by individuals who drive alone (74.1%) or work from home (14.5%), along with a high health insurance coverage rate of 95.6%, points to a quality of life that supports employment stability and, by extension, rental income reliability, making it an attractive consideration for investors.
How do the median property value and property taxes influence the investment potential in Ocean Shores? +
With a median property value of $233,400 and median property taxes of $2,445, Ocean Shores offers a relatively balanced investment landscape, especially when considering the city's median household income of $44,583 and poverty rate of 12.2%, suggesting that while property values are substantial, the economic fundamentals support a viable rental market.
What role does the GINI coefficient and unemployment rate play in assessing the investment risk in Ocean Shores? +
The GINI coefficient of 0.413, indicating a moderate level of income inequality, coupled with an unemployment rate of 4.5%, suggests that while there are economic challenges, the overall investment environment in Ocean Shores is characterized by a degree of stability, particularly when viewed through the lens of its diverse top industries, including Accommodation & Food Services and Public Administration.
What are some of the best neighborhoods to live in Ocean Shores? +
Some of the best neighborhoods to live in Ocean Shores include the southeast parts of the city, which tend to be more desirable, and the south regions, which offer more affordable homes. Neighborhoods like Galway Bay and Oyhut Bay are also popular, with amenities like restaurants, shops, and access to the beach.
What are some fun things to do in Ocean Shores? +
Ocean Shores offers a variety of activities, including visiting the beach, flying kites, building sandcastles, and exploring the town's many shops and restaurants. You can also go golfing, biking, or horseback riding, or visit attractions like the Ocean Shores Kites store and the Galway Bay Irish Pub. For families, there are activities like mini golf, bumper boats, and arcades.
What is the food scene like in Ocean Shores? +
The food scene in Ocean Shores is diverse and offers a range of options, from fresh seafood to locally sourced produce. You can find restaurants serving everything from seafood to Mexican food to Irish cuisine. Some popular restaurants include Bennett's Fish Shack, Oyhut Bay Grill, and Galway Bay Irish Pub, which offer a variety of dishes like seafood, steaks, and pub fare. There are also plenty of great food trucks and casual eateries to grab a quick bite.
What are the pros and cons of living in Ocean Shores? +
The pros of living in Ocean Shores include its beautiful beaches, outdoor recreational opportunities, and a relaxed, small-town atmosphere. However, some cons include the town's remote location, limited job opportunities, and a relatively high cost of living. Additionally, the town can be quite touristy during peak season, which may be a drawback for some residents. Overall, Ocean Shores is a great place to live for those who value a laid-back, coastal lifestyle and are willing to trade off some amenities for a more relaxed pace of life.
Is Ocean Shores a good place to live? +
Ocean Shores can be a great place to live for the right person. It offers a unique blend of natural beauty, outdoor recreation, and small-town charm, making it an attractive option for those who value a relaxed, coastal lifestyle. However, it may not be the best fit for everyone, particularly those who require a more urban environment or a wider range of job opportunities. Ultimately, whether Ocean Shores is a good place to live depends on your individual priorities and preferences.

Things Near Ocean Shores, WA

Metro Center Station

0.2 miles

Grand Central Market

0.4 miles

About Ocean Shores

Ocean Shores, WA is a stable investment market with a median household income of $44,583 and relatively low poverty rate of 12.2%. This market tends to attract retirees and families, given its high median age of 59.4 and low foreign-born rate of 2.6%. The top industries, including Accommodation & Food Services, Retail Trade, and Public Administration, suggest a strong tourism sector. However, the 12.2% poverty rate suggests some risk, and the GINI coefficient of 0.413 indicates a moderate level of income inequality. The average commute time of 20.4 minutes is relatively short, and the high health insurance coverage rate of 95.6% is a positive indicator of the population's overall well-being. The median property value of $233,400 and median property taxes of $2,445 are relatively affordable, but the 34.6% of renters paying over 30% of their income on rent may indicate some pressure on the housing market. Overall, Ocean Shores presents a mix of opportunities and challenges for investors, with its stable demographics and strong tourism sector balanced by some concerns around poverty and income inequality. With a high homeownership rate of 83.2% and a relatively low unemployment rate of 4.5%, this market may be attractive to investors looking for a stable, long-term investment.

Population 5,844
Median Age 59.40
Avg. Household Income $44,583
Investor Materials

Access the REI Capital investment overview

Review the acquisition strategy, underwriting framework, risk considerations, and investor onboarding process in one private PDF.

Access Investment Materials