507 N 19th Ave UNIT 7CorneliusOR97113
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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
Investment property for sale in Cornelius at 507 N 19th Ave UNIT 7, Cornelius, OR, 97113 listed at $110,000 pairs $867/mo rent with a $538/mo payment to leave $203/mo cash flow. Total monthly income runs $867/mo, and annual cash flow reaches $2,441/yr on $36,465 cash to close. Return on cash invested measures 26.6% in year one, and rental yield registers 9.46% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 138.61% and total cumulative return in cash totals $50,544. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $867/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1975
868 sqft lot
$N/A/sqft
No HOA
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
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