2290 N Irvine St, Cornelius, OR, 97113 | $849/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2290 N Irvine St, Cornelius, OR, 97113 | $849/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 2290 N Irvine St, Cornelius, OR, 97113 uses $172,692 cash to close to unlock $10,185/yr annual cash flow and $849/mo monthly cash flow. Total monthly income runs $4,017/mo, and a $2,569/mo payment keeps the spread at $849/mo. Purchase price stands at $524,900, and rental yield measures 9.18% with $4,017/mo rent. Return on cash invested shows 25.96% in year one, and 5% annual appreciation builds toward $145,020 over five years. Five-year ROI reaches 135.05% and total cumulative return in cash records $233,221. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,017/mo property income covering a $2,569/mo payment rather than investor’s personal income.

Single Family

Built in 1998

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

Open House Saturday and Sunday 1-3pm! Gorgeous traditional home backing to a pretty greenbelt with a park! You will be pleasantly welcomed as you drive up to this home with the blooming roses out front and the darling covered porch. Step into the Vaulted entryway with tile floors & coat closet to store your shoes & jackets. High ceilings in the living room feature floor to ceiling windows letting the sunshine in. Formal dining room adjacent to the living area has a large picture window & elegant lighting. The cheerful kitchen has white tile countertops, pantry a breakfast bar & a cozy dining nook opening up to the expansive back deck. A perfect place to gather with family, barbeque and bird watch. Open concept family room features easy care wood laminate floors & a lovely gas fireplace with tile surround. Enjoy the main floor laundry too with built in shelving. The wide open stairwell will lead you up to the second story primary suite with gorgeous cherry laminate floors, great walk in closet, double sink vanity & step in shower. Walk down the hall and you will appreciate all of the spacious bedrooms with great sized closets. Hallway bath offers a bright window with a shower/tub combo & a nice vanity with good storage space. Wonderful fully fenced backyard with a beautiful composite deck, large storage shed, room for your firepit and raised beds too! A nice gate that opens to the greenspace to enjoy the community park & walking trails too! Great neighborhood with NO HOA. Walk to multiple parks, shopping and restaurants. Close to the movie theater, schools and a short distance to Intel too. Hard to find such a move in ready home with 4 bedrooms at this price!

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