• Fireplace• Waterfront
Listing courtesy of Windermere Van Vleet Eagle Point, agent Shane Myhre
Data last updated June 12, 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.
Fixer opportunity in Prospect, Oregon! This 2-bedroom, 1-bath home offers 1,411 square feet of living space on a .32-acre lot with plenty of potential for investors, contractors, or buyers looking to build sweat equity. Features include a durable metal roof, spacious rooms, and a level lot with room for parking, gardening, or future improvements. Located near the Rogue River, Lost Creek Lake, Crater Lake National Park, and endless outdoor recreation, this property could make an ideal primary residence, vacation retreat, or investment project. Bring your tools and vision--this home is ready for its next chapter.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $92,000 · $23,000 down · 30 year term
See the 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 $575 ($500–$650) · starting estimate. Edit to your own number.
At $115,000 with 25% down, this property runs $340 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 projectionBrowse current listings with a full video tour. See the flow, the light, and the lot before you book a showing.
