Turnkey Investment with Built-In Income! Discover this charming 2-bedroom, 1-bath bungalow in the heart of Klamath Falls complete with a wonderful long-term tenant who would love to stay. This light-filled home offers 988 sq. ft. of cozy living, a cheerful breakfast nook, and updated double-pane windows. Outside, you'll find a fenced yard for privacy, plus a one-car garage and off-street parking. Just minutes from shopping, dining, and downtown conveniences, this property blends small-town charm with big investment potential. With rental income already in place, it's the perfect hassle-free addition to your portfolio!
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Listing courtesy of eXp Realty LLC., agent Alexandra McNair
Data last updated July 16, 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 $155,000 · $39,000 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 $975 ($825–$1,125) · starting estimate. Edit to your own number.
At $194,000 with 20% down, this property runs $490 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.
ListPrice: 199000.00 → 194000.00
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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