1314 S Heather St, Cornelius, OR, 97113 | $584/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1314 S Heather St, Cornelius, OR, 97113 | $584/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 Cornelius at 1314 S Heather St, Cornelius, OR, 97113 listed at $379,000 pairs $2,872/mo rent with a $1,855/mo payment to leave $584/mo cash flow. Total monthly income runs $2,872/mo, and annual cash flow reaches $7,012/yr on $125,639 cash to close. Return on cash invested measures 25.49% in year one, and rental yield registers 9.09% at a $379,000 basis. Equity gained on principal adds $2,446/yr, and annual property appreciation at 5% supports $104,711 by year five. Five-year ROI tracks 132.6% and total cumulative return in cash totals $166,595. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,872/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 1998

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming Townhome in Desirable Cornelius Neighborhood No HOA!Welcome to this beautifully maintained townhome offering the perfect blend of comfort, convenience, and value in the heart of Cornelius. This move-in ready home features a new roof, new carpet throughout, and a new washer and dryer, ensuring peace of mind and modern comfort from day one. Enjoy an open floor plan ideal for both everyday living and entertaining. The kitchen is equipped with newer appliances, seamlessly flowing into the spacious dining and living areas, creating a bright and inviting atmosphere. With no HOA, youll have the freedom to personalize your property without added fees or restrictions. Located just minutes from shopping, dining, and parks, this home is a rare find in a sought-after community. Dont miss your chance to own this gem in Corneliusschedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97113, Cornelius, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,348 (100%)
Owner Occupied HU	4,145 (77.5%)
Renter Occupied HU	1,095 (20.5%)
Vacant Housing Units	108 ( 2.0%)
Median Home Value	$553,137
Average Home Value	$629,304