$300,000
864 3rd
Madras, OR 97741 · Nw Townsite
Active71 days on market$229/sqft
Facts
Property details
Overview
- Bedrooms
Listing courtesy of Desert Sky Real Estate LLC, agent Jeffrey Casserly
Data last updated June 22, 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.
Possibility at the right price... Sturdy and well maintained SFR. Older but not shabby. Owner consistently remodeled and upgraded since purchasing. BIG LOT with plenty of room to add-on or add another unit. EZ highway access, close to health services and shopping, Seller may consider some transaction contributions.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $240,000 · $60,000 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 $299,500 with 25% down, this property runs $589 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.
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