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Othello, WA | City Real Estate Market Analysis

Othello, Adams County, Washington
City Analysis Real Estate Market WA Adams County
Othello
Market Insight

Othello, WA Investment Potential Analysis

Market analysis for Othello, 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 Othello.
1.26%
Property Tax Rate
🏛️ Effective property tax rate for this market.
$42,432
Avg. Household Income
💵 Average annual household income in the area.
7,445
Population
👥 Total city population estimate.
Unemployment Rate
📊 Local unemployment vs. national benchmark.

Othello, WA Real Estate Market Property Overview

  • Real estate market overview for Othello, WA, Adams County
  • Population of 7,445
  • Average household income of $42,432
  • Property tax rate of 1.26%
  • Median resident age of 26.40

Property Details

City Othello State Washington
County Adams Country USA
Population 7,445 Median Age 26.40
Avg. Household Income $42,432 Median Home Value N/A
Unemployment Rate N/A Property Tax Rate 1.26%
Top Industries N/A Economic Overview N/A
Coordinates 46.8221, -119.1653 Properties Listed 0

Model investment returns using Othello, WA market data as defaults

25%
5.0%
30 years
1.26%
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 Othello, 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 Othello, WA Income Property

Key questions for informed investment decisions

What's the overall investment potential of Othello, WA, considering its demographics and economy? +
Othello's diverse population, with 39.4% Hispanic and 28.5% White, combined with a median household income of $42,432 and a poverty rate of 25.8%, suggests a working-class market with potential for growth, especially given the strong presence of public administration and manufacturing industries, and an average commute time of just 15.5 minutes.
How does the city's commute time and health insurance coverage impact the quality of life for renters? +
The 15.5-minute average commute time and 81.1% health insurance coverage in Othello indicate a high quality of life for renters, with easy access to employment opportunities and a relatively stable and healthy population, which can lead to lower tenant turnover rates and more reliable rental income.
What are the implications of Othello's foreign-born rate and top industries for real estate investors? +
The 34.6% foreign-born rate and top industries like public administration and manufacturing suggest a culturally diverse and economically vibrant community, which can drive demand for housing and support long-term property appreciation, especially given the city's relatively low median property value of $146,000.
How do poverty rates and health insurance coverage interact to affect tenant quality in Othello? +
The 25.8% poverty rate combined with 81.1% health insurance coverage in Othello suggests a working-class market with employment stability and access to healthcare, indicating a relatively stable tenant base, which is essential for minimizing rental income risks and ensuring a steady return on investment.
What role do ethnicity and commute methods play in assessing market demand and stability in Othello? +
The ethnic diversity in Othello, with a mix of Hispanic, White, and other populations, and the prevalence of commute methods like driving alone and carpooling, indicate a dynamic and adaptable community, which can support a range of housing options and contribute to market stability, especially given the city's relatively high homeownership rate of 58.6% and low average commute time.
What are some of the best neighborhoods to live in Othello? +
Some of the best neighborhoods to live in Othello include the area around Lions Park, which is known for its quiet and safe environment. The neighborhood is also close to local shops and restaurants, making it a convenient place to live. Additionally, the area around Kiwanis Park is also a popular choice for families and individuals looking for a peaceful place to live.
What are some fun things to do in Othello? +
There are plenty of fun things to do in Othello, including visiting the Columbia National Wildlife Refuge, which is a great place for outdoor activities such as hiking and birdwatching. You can also visit the Ironworks Cafe & Market, which serves delicious food and has a unique atmosphere. Additionally, the Brunswick Bar and Grill is a great place to grab a drink and watch sports.
What is the food scene like in Othello? +
The food scene in Othello is diverse and offers a range of options, from Mexican cuisine at Guadalajara Restaurant to American food at the Brunswick Bar and Grill. There are also plenty of great food trucks and cafes, such as the Desert Rose Cafe, that serve tasty and affordable meals. If you're looking for a unique dining experience, you can try the Ironworks Cafe & Market, which serves a range of dishes made with fresh, local ingredients.
What are the pros and cons of living in Othello? +
One of the pros of living in Othello is its small-town feel and close-knit community. The town also has a low cost of living and affordable housing options, making it an attractive choice for families and individuals on a budget. However, one of the cons is that Othello is a relatively small town, which can limit job opportunities and entertainment options. Additionally, the town's rural location can make it difficult to access certain amenities and services.
Is Othello a good place to live? +
Overall, Othello is a great place to live for those who value a small-town feel and a close-knit community. The town's low cost of living, affordable housing options, and outdoor recreational opportunities make it an attractive choice for families and individuals looking for a peaceful and affordable place to live. However, it may not be the best fit for those who require a wide range of job opportunities or entertainment options. Ultimately, whether or not Othello is a good place to live depends on your individual priorities and preferences.

Things Near Othello, WA

Metro Center Station

0.2 miles

Grand Central Market

0.4 miles

About Othello

Othello, WA is a city that tends to attract investors looking for affordable housing options and a diverse population. With a median household income of $42,432 and a poverty rate of 25.8%, this market suggests some risk, but also opportunities for growth. The city's population of 7,445 people has a median age of 26.4, which is relatively young, and a foreign-born rate of 34.6%, indicating a culturally diverse community. The top industries in Othello include Public Administration, Professional, Scientific, & Management, and Manufacturing, which could provide a stable source of employment for residents. However, the poverty rate and income inequality, with a GINI coefficient of 0.394, are concerns that need to be addressed. On the other hand, the average commute time of 15.5 minutes is relatively short, and the health insurance coverage rate of 81.1% is a positive indicator of the city's quality of life. The homeownership rate of 58.6% and median property value of $146,000 also suggest a relatively affordable housing market. Overall, Othello, WA presents a complex picture, with both opportunities and challenges that investors should carefully consider. The city's ethnic diversity, with 39.4% of the population identifying as Hispanic, 28.5% as White, and 14.3% as Other, is a significant aspect of its character. While the poverty rate and crime rates, including a violent crime rate of 2.45 per 1,000 residents and a property crime rate of 2,514.1 per 100,000 residents, are concerns, the city's high school graduation rate of 66.5% and bachelor's degree or higher rate of 13.4% suggest a potential for educational and economic growth.

Population 7,445
Median Age 26.40
Avg. Household Income $42,432
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