9160 SW Par Three Dr, Cornelius, OR, 97113 | $571/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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9160 SW Par Three Dr, Cornelius, OR, 97113 | $571/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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

Rental property for sale in Cornelius at 9160 SW Par Three Dr, Cornelius, OR, 97113 generates $2,500/mo in rent and, after a $1,564/mo payment, leaves $571/mo in cash flow. Total monthly income is $2,500/mo, and annual cash flow is $6,855/yr on $105,914 invested. Return on cash invested sits at 26.38% in year one, and rental yield is 9.39% on a $319,500 entry. Equity gained on principal adds $2,062/yr, while 5% annual appreciation builds toward $88,272 over five years. Five-year ROI reaches 137.39% and total cumulative return in cash sums $145,514. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,500/mo property income rather than buyer’s personal income.

Manufactured

Built in 1987

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Huge opportunity for some sweat equity in this tranquil community. Lots of room to breathe with most homes being on at least 1/3 of an acre. Rural living but still just minutes to Hillsboro. Home was built with two bedrooms and two full baths but features a good size bonus room with slider which could be another bedroom, fantastic office or family room. This home lives large with a spacious kitchen, large living area and separate dining room. You will love the private back yard with room to play, garden or just hang out on the deck in peace and quiet. If you want a place to tinker the detached garage/carport area is just the place to be. A garden shed and an additional storage area with freezer included rounds out the property. Homes don't come available here very often so hurry in to see if it is the right one for you!

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