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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Spanaway, WA
Listed for sale 2 days ago
$ 485,000
ROI
21.4
Cash Flow/m
220- 3 Bed
- 3 Bath
- 1484 sft
1417 196th Street Ct E, Spanaway, WA, 98387
Listed for sale 3 days ago
$ 499,000
ROI
23.9Cash Flow/m
575- 4 Bed
- 2 Bath
- 1636 sft
1204 199th Street E, Spanaway, WA, 98387
Listed for sale 3 days ago
$ 485,000
ROI
22.4Cash Flow/m
350- 3 Bed
- 3 Bath
- 1507 sft
20208 81st Avenue Ct E, Spanaway, WA, 98387
Listed for sale 4 days ago
$ 490,000
ROI
21.1Cash Flow/m
188- 3 Bed
- 2 Bath
- 1200 sft
24206 38th Avenue Court E, Spanaway, WA, 98387
Why Invest in Spanaway, Washington?
Spanaway, WA offers strong potential for single-family home investments with steady appreciation and reliable rental demand. Average rents around $2,600 support solid cash flows, while cap rates hover near 5-6%. Renter occupancy exceeds 35%, bolstered by proximity to Joint Base Lewis-McChord. Housing supply remains tight, driving 5% annual price growth. Investor-friendly metrics like 7% rental yields make it ideal for long-term holds.
8.5%
Avg. ROI
7.2%
Rental Yield
5.8%
Cap Rate
$1250/mo
Avg. Cash Flow
$2676/mo
Avg. Rent
5%
1Y Appreciation
Find Your Perfect Investment Property in Spanaway, Washington
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