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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
$ 179,999
ROI
26.1
Cash Flow/m
320- 4 Bed
- 2 Bath
- 1968 sft
2412 S 371st Street #46, Federal Way, WA, 98003

Listed for sale 6 days ago
$ 275,000
ROI
19.9
Cash Flow/m
7- 2 Bed
- 2 Bath
- 960 sft
1847 S 286th Lane #U204, Federal Way, WA, 98003

$ 275,000
ROI
21.4
Cash Flow/m
127- 2 Bed
- 2 Bath
- 928 sft
2520 S 317th Street #103, Federal Way, WA, 98003

$ 265,000
ROI
23.9
Cash Flow/m
303- 2 Bed
- 2 Bath
- 910 sft
33020 10th Avenue SW #B202, Federal Way, WA, 98023
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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