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This property has 82.4 acre feet of irrigation water right rights through North Unit Irrigation District (64.2 of Deschutes and 18.2 fo Crooked River). It is watered with a pivot and a wheel line. The home has an open floor plan with two bedrooms each attached to a bathroom. One room of the shop area has been finished to accommodate use as an additional bedroom if needed. A portion of the property has been fenced off to accommodate animals. This is a very affordable little farm.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $560,000 · $140,000 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 $1,143 ($1,025–$1,325) · HUD Fair Market Rent (FY2025), Jefferson County, 2BR. Edit to your own number.
At $699,900 with 20% down, this property runs $3,156 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 Dreams Realty Group, LLC, agent Joseph McDonald, 541-475-3030
Data last updated August 3, 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.
Aug 2024 to Jul 2026 (24 months) · regional MLS via the market stats cache. Completed months only.
This home is listed at $700,000 — 75.0% above the Madras median. See full Madras market →
