32921 SW Plum Tree Ct UNIT 62CorneliusOR97113
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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
Investment Highlights
Rental property for sale in Cornelius at 32921 SW Plum Tree Ct UNIT 62, Cornelius, OR, 97113 generates $2,462/mo in rent and, after a $969/mo payment, leaves $1,267/mo in cash flow. Total monthly income is $2,462/mo, and annual cash flow is $15,203/yr on $65,637 invested. Return on cash invested sits at 43.07% in year one, and rental yield is 14.92% on a $198,000 entry. Equity gained on principal adds $1,278/yr, while 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 226.84% and total cumulative return in cash sums $148,888. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,462/mo property income rather than buyer’s personal income.
Manufactured
Built in 1983
N/A lot
$N/A/sqft
No HOA
More details about the property
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 |
Housing Distribution
Address Breakdown
Residential
5,243
Single Family
5,195
Multi-Family
48
Businesses
292
Price History
Date | Event | Price |
|---|---|---|
| 2025-08-08 | Sold | $198,000 |
| 2025-06-23 | Pending sale | $225,000 |
| 2025-06-18 | Listed for sale | $225,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | N/A | N/A | N/A | N/A |
| 2023-10-28 | N/A | N/A | N/A | N/A |
| 2022-10-28 | N/A | N/A | N/A | N/A |
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Facts & Features
General Information
- Type: MobileManufactured
- Year Built: 1983
- Architectural Style: N/A
- Building Area: 1,344
- Living Area: 1,344 sqft
- Property Condition: Updated/Remodeled
Features & Amenities
- Heating: Forced Air, Heat Pump
- Cooling: Heat Pump
- Flooring: Hardwood, Wall to Wall Carpet, Vinyl
- Interior Features: Ceiling Fan(s), High Speed Internet, Vaulted Ceiling(s), Built-in Features, Kitchen Island, Bathroom
- Exterior Features: Yard
- Parking Features: Driveway
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: Commons, Management, Road Maintenance, Sewer, Trash, Water
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Connected, Other Internet Service
- Sewer: Shared Septic
- Water Source: Shared Well
- Road Surface Type: Paved
School Information
- Elementary School: Farmington View
- Middle School: South Meadows
- High School: Hillsboro
Listed by: Veronique Nelson • Premiere Property Group, LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #592272744
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 2025-10-27 23:04:11 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.