The 1622 Plan, Laurel Woods, Cornelius, OR, 97113 | 5.77% Rental Yield

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The 1622 Plan, Laurel Woods, Cornelius, OR, 97113 | 5.77% Rental Yield | Ziffy

For Sale

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 The 1622 Plan, Laurel Woods, Cornelius, OR, 97113 priced at $519,960 converts $2,500/mo rent into after a $2,545/mo obligation. Total monthly income equals $2,500/mo. Return on cash invested prints 15.58% in year one, and rental yield reads 5.77% against a $519,960 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation compiles into $143,655 by year five. Five-year ROI reaches 79.41% and total cumulative return in cash sums $135,850. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,500/mo property income covering a $2,545/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

This three bedroom, two and half bath home packs incredible features into 1,622 square feet. With access from the garage or side entry, this main floor exudes space and lots of natural light. Your great room opens up to the dining area and kitchen, complete with high quality counters, efficient appliances, kitchen island with eating bar. An open loft greets you upstairs, perfect for movie nights or turned into a virtual learning area, while the master bedroom and two bedrooms are opposite the hall from each other. Holt Homes standards will give you confidence that your home is the best value, at the best price.*

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