$305,000
286 D
Madras, OR 97741 · Palmain
Down $24,000 from original list price $329,000 after 6 price changes.
Active2 days on market$293/sqft
Facts
Property details
Overview
Listing courtesy of Coldwell Banker Sun Country, agent Michael Boynton
Data last updated June 21, 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.
Home is getting a brand new natural gas tankless water heater installed prior to closing. Nice stick built home in Madras. This three bedroom, one bathroom home sits on a large corner lot right across the street from the Madras Elementary School. It has been well maintained, with a nicely updated kitchen, featuring quartz counters, farm sink, tile backsplash and updated appliances. Nice laminate floor and carpet throughout. Fully fenced back yard with side street access and plenty of room for RV parking. Nicely landscaped yards with sprinkler system. The covered back patio is great for outdoor cooking and entertaining. Natural gas comes to the house but is not hooked to anything.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $244,000 · $61,000 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 $1,602 ($1,450–$1,850) · HUD Fair Market Rent (FY2025), Jefferson County, 3BR. Edit to your own number.
At $305,000 with 25% down, this property runs $654 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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