Red Cloud Ranch
Some properties just feel lived in, in the best possible way. Sitting on 5 developed acres, this place has been carefully maintained for years and you can feel it the moment you walk in. A brand new furnace, water heater, heat pump, kitchen, and bathrooms mean you are moving in with everything done and nothing to worry about. Natural hardwood floors, vaulted ceilings, and an open floor plan that flows round out the interior in all the right ways. The covered porch faces west, which means you're catching every sunset Central Oregon has to offer. The land is mature and established with trees and landscaping that took decades to build. Horse property with paddock, covered storage for all your Central Oregon toys, plus a bunkhouse, chicken coop, and storage sheds that make this place feel complete. Five acres. West-facing. Move-in ready. Loved for years. This is Central Oregon the way it's supposed to be.
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Loan amount $612,000 · $153,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $1,257 ($1,125–$1,450) · HUD Fair Market Rent (FY2025), Crook County, 2BR. Edit to your own number.
At $765,000 with 20% down, this property runs $3,500 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 Varsity Real Estate, agent Kristan Kellogg Folden, 541-215-4442
Data last updated August 13, 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.
Source: Spark MLS. Active inventory.