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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
$ 195,000
ROI
23.6
Cash Flow/m
210- 1 Bed
- 1 Bath
- 623 sft
31003 14th Avenue S #E2, Federal Way, WA, 98003

Listed for sale 6 days ago
$ 198,000
ROI
21.6
Cash Flow/m
102- 1 Bed
- 1 Bath
- 583 sft
33011 18th Place S #F106, Federal Way, WA, 98003

Listed for sale 6 days ago
$ 290,000
ROI
20.3
Cash Flow/m
45- 2 Bed
- 1 Bath
- 950 sft
2524 S 317th Street #304, Federal Way, WA, 98003

$ 218,000
ROI
32.9
Cash Flow/m
799- 2 Bed
- 2 Bath
- 1350 sft
2101 S 324th Street #186, 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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