OPEN HOUSE MASSIVE PRICE IMPROVEMENT NOW $499,901 IT WONT LAST AT THIS PRICE! BEST VALUE FOR THE MONEY IN MADRAS. Masterfully designed 1,978 sq ft living space capturing breathtaking views of Mt. Jefferson, Mt. Hood, The Three Sisters! 3 bedrooms, Den ,Bonus room, 2.5 bathrooms, 12'x18' covered deck with cable railing, Covered front porch. Custom cabinets with 42'' uppers , Soft-close doors and drawers, Dedicated trash/recycling pullouts, Crown molding, Full tile backsplash, Quartz countertops, Stainless gas appliance package. Oversized garage with epoxy finish. Laminate vinyl plank flooring throughout main living areas, Full wood-wrapped windows, 6'' baseboards, Christmas outlets in eaves, Gas BBQ connection, Air conditioning, Professional landscaping.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $400,000 · $100,000 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 $499,991 with 20% down, this property runs $1,651 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 Berkshire Hathaway HomeService, agent John Goodnight, 541-322-8880
Data last updated August 3, 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.
