Single Family Investment Properties for Sale in Spanaway, WA

Listed for sale today
$ 544,950
ROI
21.2
Cash Flow/m
171- 4 Bed
- 3 Bath
- 2330 sft
331 185th Street Ct E LOT 10, Spanaway, WA, 98387

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 1 day ago
$ 549,950
ROI
21.6
Cash Flow/m
226- 4 Bed
- 3 Bath
- 2565 sft
Plan 2565 Modeled Plan, Sunset Ridge, Spanaway, WA, 98387

Listed for sale 1 day ago
$ 569,950
ROI
20.7
Cash Flow/m
106- 4 Bed
- 3 Bath
- 2745 sft
Plan 2745 Plan, Sunset Ridge, 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
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