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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Federal Way, WA

Listed for sale 1 day ago
$ 131,550
ROI
25.6
Cash Flow/m
213- 3 Bed
- 2 Bath
- 1400 sft
2611 S 288th Street #34, Federal Way, WA, 98003

Fix & Flip
Listed for sale 5 days ago
$ 259,950
ROI
21.8
Cash Flow/m
147- 2 Bed
- 1 Bath
- 962 sft
2706 S 276th Place, Federal Way, WA, 98003

$ 299,000
ROI
21.4
Cash Flow/m
136- 2 Bed
- 2 Bath
- 1184 sft
1725 SW 318th Place #49A, Federal Way, WA, 98023

$ 300,000
ROI
23.1
Cash Flow/m
280- 2 Bed
- 2 Bath
- 1566 sft
2101 S 324th Street, Federal Way, WA, 98003
Why Invest in Federal Way, Washington?
Federal Way, WA offers compelling investment opportunities in properties under $300k, primarily condos and townhomes ideal for rental income. Proximity to Seattle drives demand from commuters seeking affordable housing options. Average rental yields around 6-7% with cap rates of 5.5%, supported by steady appreciation. Renter-occupied units exceed 45%, reflecting strong leasing potential. Cash flow averages $250 monthly for well-located under-$300k properties.
8.2%
Avg. ROI
6.5%
Rental Yield
5.5%
Cap Rate
$250/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Yes, multiple 1-3 bedroom condos priced $230k-$299k are listed, ideal for rentals near Seattle commutes. These properties offer strong cash flow potential. Availability fluctuates; check current listings.
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