Federal Way, WA Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Federal Way, WA. Based on 10+ datapoints.
Federal Way, WA Short-Term Rental / Airbnb Investment Snapshot
Based on 10+ short-term rental / airbnb datapoints
Median Cap Rate
3.4%
Avg Cash on Cash
-11.9%
Median Cashflow
-$1,520/mo
Avg Rent Estimate
$4,925/mo
Avg Price
$667,967
Price Range
$635,300 - $715,000
Rent to Price
0.74%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Federal Way, WA
Federal Way, WA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 3.4%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 10+ analyzed properties, Federal Way, WA STR investments show a median monthly cashflow of -$1,520 with an average estimated nightly-rate-adjusted revenue of $4,925/month. These figures reflect real property data, not projections.
2114 SW 322nd Street, Federal Way, WA 98023
Price
$644,900
Rent
$5,171
CachFlow
-$1,048
CoC
-8.2
29903 Marine View Dr SW, Federal Way, WA 98023
Price
$1,750,000
Rent
$5,663
CachFlow
-$7,492
CoC
-22.96
37815 21st Court S, Federal Way, WA 98003
Price
$667,400
Rent
$4,137
CachFlow
-$1,907
CoC
-13.94
Federal Way, WA Airbnb Market Insights
- •Median cashflow is -$1,520/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 $635,300 to $715,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs