
nvestment opportunity in growing Terrebonne! This 1,152 sq. ft. manufactured home sits on a spacious 0.25-acre lot and offers excellent potential for investors, landlords, or buyers looking to build equity. Built in 1978, the home features a functional layout and plenty of opportunity for updates and improvements. A major advantage is the property's inclusion in the first phase of Terrebonne's new city septic system installation, adding long-term value and future appeal. Conveniently located near Redmond, Smith Rock, and Central Oregon recreation, this property offers an affordable entry point into a growing market with strong upside potential.
Listing courtesy of Trout Realty Inc, agent Jason Trout
Data last updated June 26, 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.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $231,000 · $58,000 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 $1,667 ($1,500–$1,925) · HUD Fair Market Rent (FY2025), Deschutes County, 2BR. Edit to your own number.
At $289,000 with 20% down, this property runs $491 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.
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