Investment Properties for Sale in Spanaway, WA
781- 3 Bed
- 3 Bath
- 1751 sft
213- 4 Bed
- 3 Bath
- 2136 sft
95- 5 Bed
- 3 Bath
- 2712 sft
408- 4 Bed
- 3 Bath
- 2148 sft
Why Invest in Spanaway, Washington?
Spanaway, WA offers strong investment potential with steady home price appreciation around 5-6% annually and average rents near $2,700. Rental yields hover at 5-6% driven by proximity to Joint Base Lewis-McChord and commuter demand to Tacoma and Seattle. Cap rates of 6-7% make it attractive for cash flow-focused investors amid low vacancy and growing renter occupancy over 35%. Housing supply remains tight with homes selling in 30-40 days, supporting reliable returns. Economic stability from military and logistics sectors enhances long-term appreciation.
Frequently Asked Questions
Average rent in Spanaway is around $2,676 monthly as of late 2025. This reflects 2.7% year-over-year growth driven by demand from military families and commuters. Rates vary by property size but support solid yields.
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