








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 35769 27th Avenue S, Federal Way, WA, 98003 uses $197,400 cash to close to unlock $11,652/yr annual cash flow and $971/mo monthly cash flow. Total monthly income runs $4,697/mo, and a $2,937/mo payment keeps the spread at $971/mo. Purchase price stands at $600,000, and rental yield measures 9.39% with $4,697/mo rent. Return on cash invested shows 25.96% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 135.29% and total cumulative return in cash records $267,072. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,697/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Single Family
Built in 1964
9,199 sqft 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 |
|---|---|---|
| 2025-08-25 | Sold | $600,000 |
| 2025-08-01 | Pending sale | $600,000 |
| 2025-07-24 | Listed for sale | $600,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $6467.26 | 0.91% | $588,000 | 9.50% |
| 2023-10-20 | $6408.94 | 3.69% | $537,000 | -7.41% |
| 2022-10-20 | $6180.69 | 9.03% | $580,000 | 27.19% |



Listed by: Adam Bartlett • Keller Williams Realty PS
Mls Name: NWMLS
Mls Provider:
Mls ID: #2407609
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)