$435,000
440 31st
Redmond, OR 97756 · Village Pointe
Pending12 days on market$352/sqft
About this home
Description
Pride of ownership shines throughout this well-maintained, one-owner home! Built in 2015, this 1,235 sq. ft. home offers 3 bedrooms, 2 bathrooms, and a 2-car garage. Enjoy comfortable living with central A/C and a fully fenced backyard that's perfect for pets, play, gardening, or outdoor entertaining. Located in a desirable Redmond neighborhood, you'll appreciate the close proximity to parks, playgrounds, shopping, dining, and everyday conveniences. Whether you're a first-time homebuyer, looking to downsize, or searching for a great investment property, this move-in-ready home is one you won't want to miss!
Facts
Property details
Overview
- Bedrooms
- 3
- Bathrooms
- 2.0
- Living area
- 1,235 sq ft
- Property type
- Single Family Residence
- Year built
- 2015
- Property age
- 11 years
- Style
Listing courtesy of John L Scott Bend, agent Gale Collier
Data last updated June 25, 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.
Education
Schools
Outdoors
Parks nearby
Estimate
Monthly payment
A rough estimate, not a quote. A real number comes from a lender.
Principal + interest$2,315/mo
Property taxes$281/mo
Homeowners insurance$121/mo
Total monthly (PITI)$2,717
Loan amount $348,000 · $87,000 down · 30 year term
For investors
Rental analysis
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.
Purchase & financing
$
$
20% · $87,000
%
Income
$
Estimate $2,336 ($2,100–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
%
Operating expenses
$
$
%
%
%
$
Cash flow
-$914/mo
Cap rate
3.9%
Cash on cash
-12.6%
Cash needed
$87,000
At $435,000 with 20% down, this property runs $914 per month negative. Adjust the price, down payment, or rent to find what works.
Monthly cash flow
Gross rent$2,336
Vacancy (5%)- $117
Operating income$2,219
Operating expenses- $818
Net operating income$1,401
Loan payment- $2,315
Cash flow-$914
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.
Location
Where this home sits
In Redmond, at the center of the Central Oregon High Desert.
Climate
Climate risk
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 reportInvestment
Vacation rental
We 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