








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Federal Way at 28311 S 18th Avenue S #A304, Federal Way, WA, 98003 earns $635/mo cash flow from $1,897/mo rent with a $1,028/mo payment. Total monthly income totals $1,897/mo, and annual cash flow totals $7,614/yr on $69,615 capital. ROI tracks 30.85% on current figures, and rental yield reads 10.84% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 161.28% and total cumulative return in cash sums $112,276. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,897/mo property income instead of your personal income.
Condo
Built in 1990
16.61 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98003, Federal Way, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,028 (100%) |
| Owner Occupied HU | 9,192 (45.9%) |
| Renter Occupied HU | 10,187 (50.9%) |
| Vacant Housing Units | 649 ( 3.2%) |
| Median Home Value | $539,109 |
| Average Home Value | $663,372 |
Residential
19,426
Single Family
12,485
Multi-Family
6,941
Businesses
1,833
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Shannon Quan • COMPASS
Mls Name: NWMLS
Mls ID: #2461622