$610,000 · FEDERAL WAY, WA 98023
Tight for flippers · Landlords would lose money

Available

$610,000Asking price

4 bd · 2.5 ba · 2,400 sq ft · built 1965

FEDERAL WAY, WA 98023

No contract on file

via InvestorLift Classic

1 view · listed 2 days ago

Tight for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $725,000
Asking price: −$610,000
RepairsMiddle of the seller’s $30,000 – $40,000. Ours: $36,500 – $76,500: −$35,000
Loan, holding, closing20% down, 12% interest, 2 points, 74 days: −$61,682
Profit2.5% of ARV · flippers want 10%+: $18,318
Tight

Works for a flipper at $559,000 or less.

SENDFLIP LLC

Michael Fazio

No reviews yet

Comps

Sales

Rents

ARV $725,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $632,000.

The sales behind this value are shown to members.

ARV $725,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

SENDFLIP LLC

Michael Fazio

No reviews yet

Seller Description

INVESTMENT OPPORTUNITY – Federal Way, WA 98023

TEXT Mike @ 815.600.4370 to submit your offer or ask questions!

Spacious four-bedroom property offering 2,400 square feet of living space on nearly half an acre.

**** SW 333rd St, Federal Way, WA 98023

Asking: $610,000

Property Details

4 Bed / 2 Bath
2,400 Sq Ft
0.46-Acre Lot
1965 Build

Why This Deal Works

Large 2,400 sq ft footprint
Functional four-bedroom, two-bathroom layout
Nearly half-acre lot
Potential renovation and value-add opportunity
Multiple possible exit strategies for an experienced investor

This property offers plenty of space and potential for a buyer looking to renovate, reposition, or hold in Federal Way.

TEXT Mike @ 815.600.4370 to submit your offer or ask questions!

Terms

Cash only. Property comes in “AS-IS” condition. Buyer pays all closing costs and escrow fees.

Open escrow with a $5,000 non-refundable earnest deposit by cashier’s check made payable to our title company of choice.

Wholesalers and Realtors: Please add your fee before sending out. The advertised price is net to the seller.

Buyer must verify all information. Seller makes no claims or warranties, expressed or implied. Buyer must perform all due diligence and hold the seller harmless.

Wholesale price is a net-to-seller price. No SPDS, no CLUE report, and an as-is sale. Properties may be owned, controlled through an equitable-title position, assigned, or co-marketed on behalf of an affiliate.

None of the information above is deemed guaranteed and is provided for informational purposes only. Seller and its members or representatives make no guarantees concerning property condition, value, characteristics, or financial benefits.