REI Lense

REI Lense

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 10+ datapoints.

Federal Way, WA Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

3.8%

Avg Cash on Cash

-12%

Median Cashflow

-$1,213/mo

Avg Rent Estimate

$3,173/mo

Avg Price

$610,908

Price Range

$447,200 - $861,400

Rent to Price

0.52%

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 3.8%, 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 10+ analyzed properties, the median monthly cashflow in Federal Way, WA is -$1,213 with average rents of $3,173/month. Properties range from $447,200 to $861,400, offering entry points across multiple investment budgets.

1304 S 286th Street, Federal Way, WA 98003

Price

$525,000

Rent

$3,739

CachFlow

-$631

CoC

-6.87

Full Analysis

31327 43rd Place SW, Federal Way, WA 98023

Price

$853,500

Rent

$4,258

CachFlow

-$2,373

CoC

-15.89

Full Analysis

1416 SW 352nd Court, Federal Way, WA 98023

Price

$637,600

Rent

$2,861

CachFlow

-$1,827

CoC

-16.37

Full Analysis

810 S 301st Place, Federal Way, WA 98003

Price

$664,700

Rent

$3,393

CachFlow

-$1,637

CoC

-14.07

Full Analysis

2221 SW 306th Pl, Federal Way, WA 98023

Price

$502,900

Rent

$3,178

CachFlow

-$923

CoC

-10.49

Full Analysis
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Federal Way, WA Rental Market Insights

  • Median cashflow is -$1,213/month — careful deal selection is essential here
  • 3.8% 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 $447,200 to $861,400
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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