Under $300K Investment Properties for Sale in Federal Way, WA

Listed for sale 5 days ago
$ 127,500
ROI
26.8
Cash Flow/m
251- 2 Bed
- 2 Bath
- 1680 sft
2500 S 370th Street #90, Federal Way, WA, 98003

$ 149,000
ROI
26.1
Cash Flow/m
262- 3 Bed
- 2 Bath
- 1512 sft
2500 S 370th Street #9, Federal Way, WA, 98003

$ 119,950
ROI
26.6
Cash Flow/m
228- 2 Bed
- 1 Bath
- 958 sft
1660 S 333rd Street, Federal Way, WA, 98003

$ 179,000
ROI
32.5
Cash Flow/m
634- 2 Bed
- 2 Bath
- 900 sft
2101 S 324th Street #188, 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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