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Attention investors and home renovators! Set on a generous fenced corner lot, this 3-bedroom, 2-bath Summerfield home offers efficient single-level living with 1,094 sq ft of space. The open layout supports easy daily routines, while the sizable yard provides room for gardening, play, pets, or outdoor projects. A mini-split system helps maintain comfortable temperatures year-round, and the attached garage adds storage and parking convenience. Side yard will support RV parking. Recent updates within the past 10 years, including roof, exterior paint, and water heater, support lower maintenance needs and allow more focus on personal improvements. With its functional floor plan, established neighborhood setting, and proximity to Redmond amenities and local breweries, this property offers appealing potential for both owner-occupants and investors.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $311,000 · $78,000 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 $2,336 ($2,100–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
At $389,000 with 20% down, this property runs $659 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 Bend Premier Real Estate LLC, agent Ryan Hoover, 541-323-2779
Data last updated July 31, 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.
