570 N 10th Ave UNIT 78CorneliusOR97113
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 570 N 10th Ave UNIT 78, Cornelius, OR, 97113 in Cornelius. Priced at $169,000, it generates $2,162/mo in gross rent and $1,142/mo in net monthly cash flow, a 15.35% yield that comfortably supports the 2.84 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $13,707. Five-year appreciation: $46,692. Equity from principal paydown: $1,557/yr. Total projected cumulative return: $137,503.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 15.4% | 6.2% |
| Monthly Cash Flow | $1,142 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,162 |
| Total Monthly Debt Service | $953 |
| DSCR Ratio | 2.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2020
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2020
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices