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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Longview at 1905 Melody Way, Longview, WA, 98632 with 5% annual appreciation on a $450,000 basis while $840/mo rent supports operations. 71% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 2.24%. Five-year ROI measures 21.18% and total cumulative return in cash totals $31,590. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $840/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
9,574 sqft lot
$N/A/sqft
$24 monthly HOA
Neighborhood data shown for ZIP Code: 98632, Longview, WA area.
| 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 |
Residential
21,479
Single Family
18,095
Multi-Family
3,384
Businesses
1,614
Date | Event | Price |
|---|---|---|
| 2025-08-26 | Price change | $450,000 |
| 2025-03-25 | Price change | $388,400 |
| 2025-01-08 | Listed for sale | $387,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-28 | $3071.26 | 7766.96% | $354,070 | 9790.22% |
| 2023-08-28 | $39.04 | N/A | $3,580 | N/A |
Listed by: Robin Moore Schierscher • eXp Realty
Mls Name: NWMLS
Mls Provider:
Mls ID: #2424990
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)
