
Listing courtesy of eXp Realty, LLC, agent Rutledge Property Group
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.
Set on 5.01 flat, usable acres, 280 Cobalt offers a rare blend of space, functionality, and rural freedom. The property includes numerous outbuildings, perfect for storage, workshops, hobbies, or outdoor activities--giving you room to create exactly what you need. The 1977 manufactured home features 3 bedrooms and 1 bath, providing a comfortable living space while you take full advantage of the land. Zoned RR5, this property supports a wide range of uses and future possibilities. With its open layout, level terrain, and versatile structures, this is an ideal opportunity for anyone seeking acreage living with room to grow.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $152,000 · $38,000 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 $950 ($800–$1,100) · starting estimate. Edit to your own number.
At $189,999 with 25% down, this property runs $517 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