Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 98003 · Federal Way, WA

12 completed flips in the last 12 months, $251K median gross margin, 136-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
12
Median Gross Margin
$251K
Median Hold
136 days
Median Home Value
$570K

Market snapshot

Population
51,329
Median Household Income
$67,547
Median Home Value
$570,025
Median Rent
$2,189

This report covers ZIP 98003, Federal Way, WA. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.

Flipper activity in ZIP 98003

In the last 12 months, 12 properties in ZIP 98003 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $251K in gross margin before rehab, carrying, and closing costs, with a median hold time of 136 days.

Top flippers in the zip

RankFlipper / LLCFlips
1MYHAS INC1
2FINAL FINISH INVESTMENTS LLC1
3GOKUL INVESTMENTS LLC1
4SD NEXT BUILD INC1
5MIDFIRST BANK1

Recent example

529 S 302ND ST, FEDERAL WAY, WA, 98003 · MYHAS INC
Bought $380,000, sold $635,000 (+$255K), held 164 days.

Recent investor purchases in ZIP 98003

13 investor purchases in ZIP 98003 in the last 6 months, at a median price of $333K. 38% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 21, 20267005 JOHNSON RD NEPUYALLUP TRIBE OF INDIANS$825KCash
Oct 14, 202628610 16TH AVE S APT 102SV ESTATES LLC$160KCash
Sep 22, 2026833 S 326TH STSTARTECH MEASURE LLC$400KFinanced
Sep 18, 202631003 14TH AVE S APT G8ROCK HOLDINGS LLC$120KCash
Sep 4, 202631021 20TH AVE SATD HOLDINGS LLC$300KFinanced
Aug 31, 202628425 15TH PL SVARGAS LUIS A$438KFinanced
Aug 26, 20262664 S 298TH STSD NEXT BUILD INC$333KFinanced
Aug 21, 202630205 29TH AVE SNEXT HOME LLC$290KFinanced
Aug 3, 202630205 29TH AVE SPRIME HOMES NW LLC$185KFinanced
Jun 16, 202630420 2ND AVE SSHULIAK CONSTRUCTION LLC$370KFinanced

See all 13 investor purchases in 98003

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Nearby markets in WA

Same-state markets near ZIP 98003. Click any to see its fix-and-flip snapshot.

Tier One Funding
Direct bridge & fix-and-flip lender

We built this tool. We also write the loans on flips just like the ones above.

$1B+
Funded
3 days
Typical close
No
Interior appraisal or inspection
17
States

About this data

Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.

Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.

Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.

Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.