1602 Delaware StreetLongviewWA98632
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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 1602 Delaware Street, Longview, WA, 98632 earns from $1,579/mo rent with a $4,527/mo payment. Total monthly income totals $1,579/mo. ROI tracks 4.36% on current figures, and rental yield reads 2.05% at a $925,000 purchase. Equity gained on principal adds $5,969/yr, and 5% annual appreciation supports $255,560 over five years. Five-year ROI reaches 19.22% and total cumulative return in cash sums $58,477. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,579/mo property income instead of your personal income.
Multi Family
Built in 1974
5,998 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: Nicolas Lind • Commencement Bay Brokers LLC
Mls Name: NWMLS
Mls ID: #2435984