2802 S Ivy LOT 844, Cornelius, OR, 97113 | 7.14% Rental Yield

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Price: $300K - 500K

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2802 S Ivy LOT 844, Cornelius, OR, 97113 | 7.14% Rental Yield | 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 2802 S Ivy LOT 844, Cornelius, OR, 97113 listed at $419,960 pairs $2,500/mo rent with a $2,055/mo payment. Total monthly income runs $2,500/mo. Return on cash invested measures 19.61% in year one, and rental yield registers 7.14% at a $419,960 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,027 by year five. Five-year ROI tracks 101.06% and total cumulative return in cash totals $140,694. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,500/mo property income relative to a $2,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Exploring ways to lower your monthly payment? Were here to help!Or, if youd rather receive a cash incentiveweve got flexible solutions to fit your needs.This beautifully crafted 3-bedroom, 2.5-bath Duplex Townhome is move-in ready and packed with thoughtful details8-foot doors on the main floor, a vaulted ceiling in the primary suite, a modern kitchen island, and a fully fenced backyard for added privacy and outdoor living.Completion Date: Late JulyPhotos shown are sample images of a similar homeactual finishes may vary.We're open daily from 11 AM to 6 PMcome take a tour 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