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
2.9%
Avg Cash on Cash
-12.6%
Median Cashflow
-$1,703/mo
Avg Rent Estimate
$4,989/mo
Avg Price
$688,633
Price Range
$635,300 - $830,900
Rent to Price
0.72%
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 2.9%, 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 -$1,703 with an average estimated nightly-rate-adjusted revenue of $4,989/month. These figures reflect real property data, not projections.
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
33343 12th Avenue SW, Federal Way, WA 98023
Price
$715,000
Rent
$4,967
CachFlow
-$1,721
CoC
-11.86
417 SW 353rd Street, Federal Way, WA 98023
Price
$830,900
Rent
$4,737
CachFlow
-$2,541
CoC
-15.36
31646 45th Place SW, Federal Way, WA 98023
Price
$635,300
Rent
$4,042
CachFlow
-$1,703
CoC
-13.5
Federal Way, WA Airbnb Market Insights
- •Median cashflow is -$1,703/month — careful deal selection is essential here
- •2.9% 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 $830,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs