30319 11th Place SFederal WayWA98003
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Federal Way at 30319 11th Place S, Federal Way, WA, 98003 generates $5,280/mo in rent and, after a $4,224/mo payment, leaves $92/mo in cash flow. Total monthly income is $5,280/mo, and annual cash flow is $1,108/yr on $283,923 invested. Return on cash invested sits at 20.45% in year one, and rental yield is 7.34% on a $862,989 entry. Equity gained on principal adds $5,569/yr, while 5% annual appreciation builds toward $238,428 over five years. Five-year ROI reaches 105.48% and total cumulative return in cash sums $299,492. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,280/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
7,701 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98003, Federal Way, WA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
19,426
Single Family
12,485
Multi-Family
6,941
Businesses
1,833
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle Fox • Windermere RE/Lake Tapps, Inc
Mls Name: NWMLS
Mls ID: #2393281