
Excellent opportunity to own acreage in a desirable Madras neighborhood with this classic ranch style home. Partially fenced, fully landscaped yard w/in-ground timed sprinklers, 36x36 shop w/2-10x10 roll up doors, workshop area partially insulated & sheet rocked, w/peg board & electric, +RV parking w/water & electric hookups. Home has great-room floor plan w/vaulted ceiling, updated lighting, large ceiling fan, free standing propane stove. Spacious kitchen w/oak cabinets, breakfast bar, new dishwasher, large pantry. Recent professional whole home inspection and all components brought up to standard. New Carrier Heat Pump & furnace for heating and A/C in 2024, newer roof, electrical up-graded, and much more. Also included is the riding lawnmower w/all attachments. Call your favorite agent and book an appointment to view.
Listing courtesy of Lake Chinook Realty, agent Meg Cummings
Data last updated June 27, 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 $440,000 · $110,000 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 $1,602 ($1,450–$1,850) · HUD Fair Market Rent (FY2025), Jefferson County, 3BR. Edit to your own number.
At $549,500 with 20% down, this property runs $2,058 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.
Get the rental projection