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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 Cornelius at 2950 S Magnolia Dr LOT 746, Cornelius, OR, 97113 generates $2,500/mo in rent, after a $2,447/mo payment. Total monthly income is $2,500/mo. Return on cash invested sits at 16.16% in year one, and rental yield is 6% on a $499,960 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,130 over five years. Five-year ROI reaches 82.56% and total cumulative return in cash sums $136,831. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,500/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
3,920 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jennie Briggs • Holt Homes Realty, LLC
Mls Name: RMLS (OR)
Mls ID: #136952527
