Short Term Rental Investment Properties for Sale in Bend, OR

Why Invest in Bend, Oregon?

Short-term rentals in Bend, OR offer strong investor appeal due to high tourism demand and scenic attractions. Despite strict Type I and Type II permitting requirements, compliant properties can achieve solid returns. Average rental yields hover around 7-9% with cap rates of 6-8% in this vibrant market. Annual appreciation typically reaches 4-6%, supported by population growth. Renter occupancy remains high at 65-70%, driven by seasonal visitors.

8.5%
Avg. ROI
7.8%
Rental Yield
6.9%
Cap Rate
$28500/mo
Avg. Cash Flow
$2450/mo
Avg. Rent
5.2%
1Y Appreciation

Frequently Asked Questions

All short-term rentals need a Land Use Permit and Operating License from the City of Bend. Type I applies to owner-occupied up to 2 rooms; Type II for non-owner occupied whole homes with 500-foot spacing. Fees start at $275 initial and $200 annual renewal.

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