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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% |
Investment property for sale in Cornelius at 507 N 19th Ave UNIT 18, Cornelius, OR, 97113 offers a 9.33% rental yield on a $105,000 purchase with $816/mo rent. Total monthly income registers $816/mo, and a $514/mo payment leaves $182/mo available for distribution. Annual cash flow reaches $2,185/yr on $34,808 to close, and return on cash invested stands at 26.19% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 136.46% and total cumulative return in cash at $47,498. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $816/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1980
960 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: Jodi Cain • Cain Homes, LLC
Mls Name: My State MLS
Mls ID: #11600482
