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

4.8%

Avg Cash on Cash

-4.6%

Median Cashflow

-$566/mo

Avg Rent Estimate

$4,513/mo

Avg Price

$595,960

Price Range

$399,000 - $767,200

Rent to Price

0.76%

okay ratio

Positive Cashflow

20%

of analyzed properties

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

Federal Way, WA is a premium mid-term rental market where property values complement furnished rental income. Cap rates average 4.8%, typical of premium markets where MTR investors capture both appreciation and the rent premium furnished 30–180 day stays command over standard leases.

Across 10+ analyzed properties, Federal Way, WA mid-term rental investments show a median monthly cashflow of -$566 with average furnished rent estimates of $4,513/month. These figures reflect real property data, not projections.

35011 27th Avenue SW, Federal Way, WA 98023

Price

$447,200

Rent

$4,359

CachFlow

$37

CoC

0.4

Full Analysis

3121 SW 313th Place, Federal Way, WA 98023

Price

$615,900

Rent

$5,086

CachFlow

-$364

CoC

-2.96

Full Analysis

35844 13th Avenue SW, Federal Way, WA 98023

Price

$537,100

Rent

$4,410

CachFlow

-$382

CoC

-3.5

Full Analysis

812 S Marine Hills Way, Federal Way, WA 98003

Price

$1,635,900

Rent

$4,683

CachFlow

-$6,728

CoC

-22.33

Full Analysis

3713 SW 338th Place, Federal Way, WA 98023

Price

$399,000

Rent

$4,410

CachFlow

$387

CoC

4.56

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

  • Median cashflow is -$566/month — careful deal selection is essential here
  • 4.8% median cap rate is typical of appreciation-focused markets
  • At 20% 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

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