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▶ TourThis Black Butte Ranch retreat is just a short walk from the Glaze Meadow Recreation Center, and has a strong track record as a vacation rental. This four-bedroom home with a reverse-living layout has a variety of potential uses including a full-time residence, a second getaway home, or vacation rental investment property. First level features a family room, two bedrooms, a large laundry room, and a patio for outdoor living. The second level features an open living floor plan with kitchen, eating area, a great room with vaulted ceilings and a stone wood burning fireplace as well as two additional bedrooms and a full bathroom. A large wood deck wraps around three sides of the home for upper level outdoor living. Exterior features a large paver driveway, detached two car garage with attic storage space. Updates include exterior paint, new roof in 2019 and new heat pump in 2018. All furnishings included in the sale.
Listing courtesy of Kizziar Property Co., agent Tim Kizziar, 541-419-5577
Data last updated July 23, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $760,000 · $190,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $4,750 ($4,050–$5,475) · starting estimate. Edit to your own number.
At $950,000 with 20% down, this property runs $2,170 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
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