Townhouse Investment Properties for Sale in Federal Way, WA

Listed for sale 5 days ago
$ 359,950
ROI
23.9
Cash Flow/m
412- 3 Bed
- 3 Bath
- 1283 sft
4802 SW 317th Lane #C, Federal Way, WA, 98023

$ 399,900
ROI
21.7
Cash Flow/m
212- 2 Bed
- 3 Bath
- 1100 sft
247 S 328th Lane, Federal Way, WA, 98003

$ 310,000
ROI
26.0
Cash Flow/m
540- 2 Bed
- 2 Bath
- 1140 sft
31721 47th Lane SW #C, Federal Way, WA, 98023

$ 329,000
ROI
22.6
Cash Flow/m
264- 2 Bed
- 3 Bath
- 1109 sft
1645 288th Street #207, Federal Way, WA, 98003
Why Invest in Federal Way, Washington?
Federal Way, WA townhouses offer stable investment opportunities in a competitive market near Seattle. With a median home price around $600K and low vacancy rates, townhomes provide solid rental yields for investors. Annual appreciation holds at 0.4%, supported by regional job growth and migration inflows. Renter-occupied units exceed 40%, ensuring consistent cash flow. Cap rates average 5%, ideal for long-term holds amid steady housing demand.
7.2%
Avg. ROI
5.1%
Rental Yield
5%
Cap Rate
$1850/mo
Avg. Cash Flow
$2450/mo
Avg. Rent
0.4%
1Y Appreciation
Frequently Asked Questions
Yes, with average rents at $2,450 and 42% renter occupancy, townhouses yield steady cash flow. Cap rates around 5% and low vacancy support reliable returns. Proximity to Seattle jobs boosts demand.
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