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

3.4%

Avg Cash on Cash

-12.7%

Median Cashflow

-$1,451/mo

Avg Rent Estimate

$3,230/mo

Avg Price

$676,342

Price Range

$499,999 - $1,205,800

Rent to Price

0.48%

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 3.4%, 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 -$1,451 with average rents of $3,230/month. Properties range from $499,999 to $1,205,800, offering entry points across multiple investment budgets.

157 SW 313th Street, Federal Way, WA 98023

Price

$568,700

Rent

$2,678

CachFlow

-$1,622

CoC

-16.3

Full Analysis

3136 SW 302nd Place, Federal Way, WA 98023

Price

$1,205,800

Rent

$2,993

CachFlow

-$5,382

CoC

-25.51

Full Analysis

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
15 of 12
1 / 3

Federal Way, WA Rental Market Insights

  • Median cashflow is -$1,451/month — careful deal selection is essential here
  • 3.4% 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 $499,999 to $1,205,800
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis