Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Cornelius at 1427 N Davis St, Cornelius, OR, 97113 priced at $415,000 converts $2,658/mo rent into $153/mo cash flow after a $2,031/mo obligation. Total monthly income equals $2,658/mo, and annual cash flow totals $1,839/yr on $137,573 invested. Return on cash invested prints 21.25% in year one, and rental yield reads 7.69% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 109.83% and total cumulative return in cash sums $151,089. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,658/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 1951
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97113, Cornelius, OR area.
| 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 |
Residential
5,243
Single Family
5,195
Multi-Family
48
Businesses
292
Date | Event | Price |
|---|---|---|
| 2025-06-17 | Sold | $415,000 |
| 2025-05-11 | Pending sale | $400,000 |
| 2025-05-08 | Listed for sale | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $2549.73 | 9.49% | $138,340 | 2.99% |
| 2023-10-19 | $2328.68 | 12.87% | $134,320 | 3.00% |
| 2022-10-19 | $2063.22 | 1.19% | $130,410 | N/A |
Listed by: Kaleigh Poetsch • John L. Scott Market Center
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #131590442
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-10-18 23:24:12 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
