Under $500K Investment Properties for Sale in Bend, OR


51- 3 Bed
- 3 Bath
- 1450 sft


110- 2 Bed
- 1 Bath
- 1068 sft


200- 3 Bed
- 2 Bath
- 1403 sft


659- 2 Bed
- 2 Bath
- 960 sft
Why Invest in Bend, Oregon?
Discover investment opportunities in Bend, OR under $500k, where affordable entry points meet strong rental demand. Bend's vibrant economy and outdoor lifestyle drive consistent **rental yields** around 5-6% and **cap rates** of 4-5%. Annual **appreciation** averages 4%, supported by population growth and limited supply. **Renter occupancy** exceeds 45%, bolstered by tourism and remote workers. Low vacancy and steady cash flow make these properties ideal for passive income.
Frequently Asked Questions
Yes, around 175-190 homes under $500k are available, many in desirable neighborhoods like Old Mill District. These offer strong rental potential with average rents near $1,950. Inventory turns quickly with homes selling in under 90 days.
Find Your Perfect Investment Property in Bend, Oregon
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