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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% |
Rental property for sale in Longview at 2353 40th Avenue #12, Longview, WA, 98632 generates $1,832/mo in rent and, after a $1,468/mo payment, leaves $29/mo in cash flow. Total monthly income is $1,832/mo, and annual cash flow is $349/yr on $99,417 invested. Return on cash invested sits at 20.26% in year one, and rental yield is 7.33% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 104.52% and total cumulative return in cash sums $103,912. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,832/mo property income rather than buyer’s personal income.
Condo
Built in 1978
744.88 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Deborah A. Trull • Realty West
Mls Name: NWMLS
Mls ID: #2443423
