Federal Way, WA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Federal Way, WA. Based on 15+ datapoints.
Federal Way, WA Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
3.3%
Avg Cash on Cash
-12.9%
Median Cashflow
-$1,505/mo
Avg Rent Estimate
$3,077/mo
Avg Price
$611,692
Price Range
$399,000 - $767,200
Rent to Price
0.5%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Federal Way, WA
Federal Way, WA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.3%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 15+ analyzed properties, the median monthly cashflow in Federal Way, WA is -$1,505 with average rents of $3,077/month. Properties range from $399,000 to $767,200, offering entry points across multiple investment budgets.
35011 27th Avenue SW, Federal Way, WA 98023
Price
$447,200
Rent
$2,906
CachFlow
-$690
CoC
-8.82
3121 SW 313th Place, Federal Way, WA 98023
Price
$615,900
Rent
$3,391
CachFlow
-$1,213
CoC
-11.25
35844 13th Avenue SW, Federal Way, WA 98023
Price
$537,100
Rent
$2,940
CachFlow
-$1,118
CoC
-11.89
812 S Marine Hills Way, Federal Way, WA 98003
Price
$1,635,900
Rent
$3,122
CachFlow
-$7,509
CoC
-26.23
Federal Way, WA Rental Market Insights
- •Median cashflow is -$1,505/month — careful deal selection is essential here
- •3.3% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Federal Way, WA requires selective property picks
- •Premium market with properties from $399,000 to $767,200
- •Consider this market if your strategy favors equity growth with rental income covering holding costs