1548 River Road #302LongviewWA98632
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Longview at 1548 River Road #302, Longview, WA, 98632 uses $102,765 cash to close to unlock $5,062/yr annual cash flow and $422/mo monthly cash flow. Total monthly income runs $2,285/mo, and a $1,517/mo payment keeps the spread at $422/mo. Purchase price stands at $310,000, and rental yield measures 8.85% with $2,285/mo rent. Return on cash invested shows 24.83% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 129.02% and total cumulative return in cash records $132,583. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,285/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Condo
Built in 2008
1,380 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98632, Longview, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,067 (100%) |
| Owner Occupied HU | 12,968 (58.8%) |
| Renter Occupied HU | 7,936 (36.0%) |
| Vacant Housing Units | 1,163 ( 5.3%) |
| Median Home Value | $408,275 |
| Average Home Value | $457,038 |
Housing Distribution
Address Breakdown
Residential
21,479
Single Family
18,095
Multi-Family
3,384
Businesses
1,614
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Listed by: Amy McMahon • Realty One Group Pacifica
Mls Name: NWMLS
Mls ID: #2453250