Under $500K Investment Properties for Sale in Federal Way, WA
Listed for sale 2 days ago
$ 495,000
ROI
20.1
Cash Flow/m
45- 3 Bed
- 1 Bath
- 1040 sft
30628 2nd Avenue SW, Federal Way, WA, 98023
Listed for sale 3 days ago
$ 310,000
ROI
21.3Cash Flow/m
134- 2 Bed
- 1 Bath
- 990 sft
31500 33rd Place SW #J101, Federal Way, WA, 98023
Listed for sale 4 days ago
$ 450,000
ROI
24.6Cash Flow/m
609- 4 Bed
- 3 Bath
- 1750 sft
31227 7th Avenue S, Federal Way, WA, 98003
Listed for sale 5 days ago
$ 359,950
ROI
23.9Cash Flow/m
412- 3 Bed
- 3 Bath
- 1283 sft
4802 SW 317th Lane #C, Federal Way, WA, 98023
Why Invest in Federal Way, Washington?
Federal Way, WA offers strong investment opportunities in properties under $500K, particularly condos and townhomes with solid rental demand. Proximity to Seattle drives consistent tenant interest from commuters. Average rental yields around 5-6% make these accessible entry points for cash flow-focused investors. Annual appreciation of 4-5% reflects regional growth trends. Renter-occupied housing at 45% supports stable returns.
7.2%
Avg. ROI
5.8%
Rental Yield
5.2%
Cap Rate
$420/mo
Avg. Cash Flow
$1850/mo
Avg. Rent
4.5%
1Y Appreciation
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