




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 34012 1st Pl S APT J, Federal Way, WA, 98003 listed at $205,200 pairs $1,724/mo rent with a $1,004/mo payment to leave $181/mo cash flow. Total monthly income runs $1,724/mo, and annual cash flow reaches $2,170/yr on $68,024 cash to close. Return on cash invested measures 23.1% in year one, and rental yield registers 10.08% at a $205,200 basis. Equity gained on principal adds $1,324/yr, and annual property appreciation at 5% supports $56,693 by year five. Five-year ROI tracks 121.68% and total cumulative return in cash totals $82,772. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,724/mo property income relative to a $1,004/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
N/A lot
$N/A/sqft
$310 monthly 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 |
|---|---|---|
| 2021-07-30 | Sold | $190,000 |
| 2021-06-29 | Pending sale | $175,000 |
| 2021-06-24 | Listed for sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A