REI Lense

REI Lense

Federal Way, WA Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Federal Way, WA. Based on 10+ datapoints.

Federal Way, WA Mid-Term Rental Investment Snapshot

Based on 10+ mid-term rental datapoints

Median Cap Rate

5.5%

Avg Cash on Cash

-4%

Median Cashflow

-$382/mo

Avg Rent Estimate

$4,682/mo

Avg Price

$596,664

Price Range

$447,200 - $861,400

Rent to Price

0.78%

okay ratio

Positive Cashflow

18%

of analyzed properties

Recent real estate investor listings analysed as mid-term rental deals in Federal Way, WA

Federal Way, WA is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 10+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at -4%.

Across 10+ analyzed properties, Federal Way, WA mid-term rental investments show a median monthly cashflow of -$382 with average furnished rent estimates of $4,682/month. These figures reflect real property data, not projections.

1416 SW 352nd Court, Federal Way, WA 98023

Price

$637,600

Rent

$4,292

CachFlow

-$1,112

CoC

-8.78

Full Analysis

810 S 301st Place, Federal Way, WA 98003

Price

$664,700

Rent

$5,090

CachFlow

-$789

CoC

-6.01

Full Analysis

2221 SW 306th Pl, Federal Way, WA 98023

Price

$502,900

Rent

$4,767

CachFlow

-$128

CoC

-1.24

Full Analysis

4425 SW 308th Street, Federal Way, WA 98023

Price

$861,400

Rent

$5,792

CachFlow

-$1,367

CoC

-8.25

Full Analysis

31756 42nd Avenue SW, Federal Way, WA 98023

Price

$604,200

Rent

$4,686

CachFlow

-$670

CoC

-5.55

Full Analysis
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Federal Way, WA Mid-Term Rental Market Insights

  • Median cashflow is -$382/month — careful deal selection is essential here
  • 5.5% median cap rate reflects a balanced risk-return profile
  • At 18% positive cashflow rate, Federal Way, WA requires selective property picks
  • Premium market with properties from $447,200 to $861,400
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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