Fix And Flip Investment Properties for Sale in Federal Way, WA
150- 3 Bed
- 1 Bath
- 1390 sft
557- 4 Bed
- 3 Bath
- 2370 sft
481- 3 Bed
- 2 Bath
- 1490 sft
515- 5 Bed
- 4 Bath
- 2850 sft
Why Invest in Federal Way, Washington?
Federal Way, WA offers strong potential for **fix-and-flip** investments with homes selling in around 46 days amid a competitive market. Median sale prices hover near $600K with modest 0.4% appreciation, ideal for value-add renovations. Proximity to Seattle drives demand from inbound migration, supporting quick turnarounds. Rental yields average 5-6% for interim holds, bolstered by stable renter occupancy. Cap rates around 5% make it attractive for short-term flips targeting 10-15% ROI.
Frequently Asked Questions
Yes, with median prices around $600K and homes selling in 46 days, it's competitive for quick flips. Modest appreciation and inbound migration support value-add strategies. Focus on mid-price tiers $400K-$650K for best ROI.
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