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
3.1%
Avg Cash on Cash
-16.4%
Median Cashflow
-$1,622/mo
Avg Rent Estimate
$3,158/mo
Avg Price
$646,300
Price Range
$500K – $1.1M
approximate
Rent to Price
0.49%
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 3.1%, 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 -$1,622 with average rents of $3,158/month. Properties are priced about $500,000 to $1,100,000, offering entry points across multiple investment budgets.
4232 SW 328th Court, Federal Way, WA 98023
Price
$542,700
Rent
$3,336
CachFlow
-$1,128
CoC
-11.88
4123 SW 322nd Street, Federal Way, WA 98023
Price
$749,900
Rent
$2,510
CachFlow
-$3,056
CoC
-23.29
35920 18th Court SW, Federal Way, WA 98023
Price
$570,400
Rent
$2,746
CachFlow
-$1,715
CoC
-17.18
31107 50th Pl SW, Federal Way, WA 98023
Price
$1,047,600
Rent
$3,863
CachFlow
-$3,884
CoC
-21.19
29805 8th Place S, Federal Way, WA 98003
Price
$585,100
Rent
$3,050
CachFlow
-$1,599
CoC
-15.62
Federal Way, WA Rental Market Insights
- Median cashflow is -$1,622/month — careful deal selection is essential here
- 3.1% 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 priced about $500,000 to $1,100,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs