High Rental Yield Investment Properties for Sale in Spanaway, WA
Listed for sale 1 day ago
$ 500,000
ROI
22.4
Cash Flow/m
365- 3 Bed
- 2 Bath
- 1360 sft
22517 38th Avenue E, Spanaway, WA, 98387
Listed for sale 5 days ago
$ 224,000
ROI
24.0Cash Flow/m
265- 2 Bed
- 2 Bath
- 1264 sft
17715 20th Avenue E #54, Spanaway, WA, 98387
Listed for sale 5 days ago
$ 549,950
ROI
23.2Cash Flow/m
469- 5 Bed
- 3 Bath
- 2303 sft
1529 202nd Street Ct E, Spanaway, WA, 98387
Listed for sale 6 days ago
$ 120,000
ROI
25.5Cash Flow/m
191- 3 Bed
- 2 Bath
- 1188 sft
20618 10th Avenue E #47, Spanaway, WA, 98387
Why Invest in Spanaway, Washington?
Spanaway, WA offers high rental yields for investors seeking strong cash flow properties. Proximity to Joint Base Lewis-McChord drives consistent demand from military families. Average rents around $2,000 support solid returns with renter occupancy over 40%. Cap rates hover near 6%, bolstered by modest appreciation in this affordable suburb. Stable employment and population growth enhance long-term investment potential.
8.5%
Avg. ROI
7.2%
Rental Yield
6.1%
Cap Rate
$450/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
3.2%
1Y Appreciation
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