The 1520 Plan, Laurel WoodsCorneliusOR97113
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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
Rental property for sale in Cornelius at The 1520 Plan, Laurel Woods, Cornelius, OR, 97113 generates $2,500/mo in rent, after a $2,227/mo payment. Total monthly income is $2,500/mo. Return on cash invested sits at 17.95% in year one, and rental yield is 6.59% on a $454,960 entry. Equity gained on principal adds $2,936/yr, while 5% annual appreciation builds toward $125,697 over five years. Five-year ROI reaches 92.14% and total cumulative return in cash sums $138,963. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,500/mo property income rather than buyer’s personal income.
Townhouse
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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