Listing courtesy of Coldwell Banker Sun Country, agent Mackenzie Licea
Data last updated June 13, 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.
Tired of renting? Here's an affordable homeownership opportunity in Madras - perfect for first time buyers or investors. This charming 896 sqft home offers efficient living with appliances included and natural gas heating for comfort and efficiency. The property features a durable metal roof covered Trex front deck, storage shed, and a fully fenced yard - ideal for pets, gardening or outdoor living. Located outside of the flood zone, this is a great opportunity to own in Madras and the perfect building block for your future.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $160,000 · $40,000 down · 30 year term
See the 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 $871 ($775–$1,000) · HUD Fair Market Rent (FY2025), Jefferson County, 1BR. Edit to your own number.
At $200,000 with 25% down, this property runs $557 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.
Concessions Amount: → 6000.00
MlsStatus: Pending → Closed
Concessions YN: → Y
ClosePrice: → 200000.00
BuyerAgentId: → 20200218210610582622000000
MlsStatus: Active → Pending
MlsStatus: Coming Soon → Active
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.
Get the rental projection