2301 48th Avenue, Longview, WA, 98632 | $246/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2301 48th Avenue, Longview, WA, 98632 | $246/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Longview at 2301 48th Avenue, Longview, WA, 98632 listed at $415,000 pairs $2,740/mo rent with a $2,031/mo payment to leave $246/mo cash flow. Total monthly income runs $2,740/mo, and annual cash flow reaches $2,947/yr on $137,573 cash to close. Return on cash invested measures 22.05% in year one, and rental yield registers 7.92% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 114.1% and total cumulative return in cash totals $156,969. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,740/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1976

6,398 sqft lot

$N/A/sqft

No HOA

More details about the property

Maintained and updated rambler located in West Longview! This 1476 sq ft home has 3 bedrooms, 2 bathrooms. Great layout features large open kitchen with lots of cabinets, dining area, beautiful double sided fireplace that separates the kitchen and the living room. Primary has updated ensuite bath with barn door, 2 additional bedrooms and an updated bathroom. Home has a new ductless heat pump with 5 head units, less then 10 year old roof, new exterior doors, newer paint and flooring throughout. Private fenced backyard with slough access. 2-car garage. Close to shopping and schools!

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