This charming and budget-friendly 3-bedroom, 2-bath home is perfect for first-time buyers or investors. Located in a desirable area of Madras, this property offers both comfort and convenience.
Recent upgrades include a newer roof, exterior paint, gutters, and storm door (2020). The home features laminate flooring throughout, a finished single-car attached garage, and a spacious backyard complete with a cedar storage shed. A mini-split system, installed by Central Oregon Heating & Cooling, ensures year-round comfort. Situated close to the hospital and parks, this home offers great value and a fantastic location. Don't miss this opportunity to own a well-maintained property in a growing community!
Listing courtesy of Windermere Realty Trust, agent Barbara Barany
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 $262,000 · $66,000 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 $328,000 with 20% down, this property runs $835 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.
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