31003 14th Ave, Federal Way, WA 98003

1 bd · 1 ba · 623 sqft · built 1976 · Federal Way · CONDOS·source listing ↗

$184,950

rent, three ways

OnePercent model (vv1)$1,586/mo

p10–p90 confidence band

HUD Fair Market Rent · 98003 · 1BR$1,880/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

King

Flood risk indexVery High FEMA NRI

Median household income$75,319

Median area rent$1,723/mo

Median home value$476,600

the verdict

0.86%vs 0.8% target

financing: 20% down · — (FRED, live) · 30yr

$184,950

0.86% · rent $1,586

Intrinsic value · income approach

$328,477

44% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.