Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 33704 7th Place SW, Federal Way, WA, 98023 listed at $900,000 pairs $4,874/mo rent with a $4,405/mo payment. Total monthly income runs $4,874/mo. Return on cash invested measures 17.28% in year one, and rental yield registers 6.5% at a $900,000 basis. Equity gained on principal adds $5,808/yr, and annual property appreciation at 5% supports $248,653 by year five. Five-year ROI tracks 88.71% and total cumulative return in cash totals $262,668. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,874/mo property income relative to a $4,405/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
0.25 Acres lot
$N/A/sqft
$800 annually HOA
Neighborhood data shown for ZIP Code: 98023, Federal Way, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,083 (100%) |
| Owner Occupied HU | 11,696 (61.3%) |
| Renter Occupied HU | 6,783 (35.5%) |
| Vacant Housing Units | 604 ( 3.2%) |
| Median Home Value | $621,826 |
| Average Home Value | $711,004 |
Residential
18,049
Single Family
14,981
Multi-Family
3,068
Businesses
230
Date | Event | Price |
|---|---|---|
| 2025-08-01 | Listed for sale | $900,000 |
| 2025-07-21 | Listing removed | $900,000 |
| 2025-06-24 | Pending sale | $900,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-05 | $8555.54 | 0.89% | $865,000 | 10.61% |
| 2023-08-05 | $8479.87 | 3.21% | $782,000 | -7.35% |
| 2022-08-05 | $8216.12 | 8.42% | $844,000 | 25.04% |
Listed by: Daniel Wingard • John L. Scott, Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2413133
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)
