34142 SW Johnson School Rd, Cornelius, OR, 97113 | 3.87% Rental Yield

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Price: $300K - 500K

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34142 SW Johnson School Rd, Cornelius, OR, 97113 | 3.87% 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

Total monthly income runs $2,500/mo, and a $3,793/mo payment. Purchase price stands at $775,000, and rental yield measures 3.87% with $2,500/mo rent. Return on cash invested shows 9.81% in year one, and 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 48.47% and total cumulative return in cash records $123,583. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,500/mo property income covering a $3,793/mo payment rather than investor’s personal income.

Single Family

Built in 1973

1.70 Acres lot

$N/A/sqft

No HOA

More details about the property

Create your dream homestead on 1.7 acres with sweeping views of farmland and the mountains! Mt. St. Helens and Mt. Adams are visible right from the living room in this single-level, 3-bedroom, 2-bath ranch-style home, and offers the ideal setup for animals, gardening, and hobby farming. The property is fully equipped with a horse arena, 4 stalls with electric and water, cross fencing, pastures, a chicken coop, wood shed, hay barn,RV/boat parking and a spacious shopeverything you need to get started or expand your setup. A dedicated utility room adds convenience and access to all the outdoor amenities and attached garage. Within 10 minutes you can drive into Hillsboro, Cornelius or Forest Grove. Recent updates include a new water heater, new piping (2017), and newer AC, offering comfort and peace of mind. Whether youre keeping horses, growing your own food, or simply looking to enjoy a bit of space and privacy, this property blends functionality with rural charm.

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