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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 31003 14th Avenue S #E14, Federal Way, WA, 98003 offers a 10.41% rental yield on a $199,000 purchase with $1,727/mo rent. Total monthly income registers $1,727/mo, and a $974/mo payment leaves $531/mo available for distribution. Annual cash flow reaches $6,369/yr on $65,969 to close, and return on cash invested stands at 29.56% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 154.39% and total cumulative return in cash at $101,850. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,727/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
N/A 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: Kathryn Crotts-Kelly • MORE Realty
Mls Name: NWMLS
Mls ID: #2414030
