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$298 per sq ft
Tax $3,504 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
Completely reimagined and extensively remodeled, this turnkey home blends modern design with quality craftsmanship. Expanded to include two additional bedrooms, it now offers 5 bedrooms, 2.5 bathrooms, a main-level primary suite, and a flexible lower level with potential for multi-generational living or ADU (buyer to verify with the City of Madras). Vaulted ceilings create an open, inviting feel throughout the entry, living room, kitchen & dining areas. Updates include new metal roof, siding, upgraded electrical, complete hot & cold water re-pipe, new heat pump, ductless mini-split, vinyl windows, new doors, insulation, fresh interior & exterior paint, appliances and much more. Come take a tour! Enjoy private cedar back deck pre-wired for a hot tub and equipped with gas for a BBQ. 8x12 shed included. Plenty of parking with attached garage, two driveways, and RV parking including electrical hookups. Some finishes and paint colors can be selected to suite. Completion: Oct 30th.
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A rough estimate, not a quote. Your lender gives you the real number.
Loan amount $380,000 · $95,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $1,798 ($1,625–$2,075) · HUD Fair Market Rent (FY2025), Jefferson County, 4BR. Edit to your own number.
At $475,000 with 20% down, this property runs $1,552 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.
Listing courtesy of Keller Williams Realty Central Oregon, agent Jason Luecker, 541-585-3760
Data last updated August 24, 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.