570 N 10th Ave UNIT 76CorneliusOR97113
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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 570 N 10th Ave UNIT 76, Cornelius, OR, 97113 offers a 20.57% rental yield on a $129,900 purchase with $2,227/mo rent. Total monthly income registers $2,227/mo, and a $636/mo payment leaves $1,413/mo available for distribution. Annual cash flow reaches $16,953/yr on $43,062 to close, and return on cash invested stands at 59.28% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 314.1% and total cumulative return in cash at $135,259. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,227/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A 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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