Condo Investment Properties for Sale in Redmond, OR
$ 260,000
ROI
20.3
Cash Flow/m
40- 2 Bed
- 2 Bath
- 936 sft
2610 SW 23rd St #11, Redmond, OR, 97756
$ 274,900
ROI
21.1Cash Flow/m
106- 2 Bed
- 2 Bath
- 936 sft
2610 SW 23rd St Unit 1, Redmond, OR, 97756
$ 285,000
ROI
23.1Cash Flow/m
268- 2 Bed
- 3 Bath
- 1505 sft
1464 SW 16th St, Redmond, OR, 97756
$ 480,000
ROI
19.9Cash Flow/m
11- 2 Bed
- 3 Bath
- 1433 sft
2755 SW Greens Blvd #3, Redmond, OR, 97756
Why Invest in Redmond, Oregon?
Redmond, Oregon offers strong potential for condo investors seeking steady appreciation and reliable rental income. The local market shows 4% annual home price growth with low vacancy supporting consistent cash flow. Renter-occupied units exceed 40%, driven by job stability and outdoor lifestyle appeal. Cap rates around 5.5% make condos attractive for passive income in this growing Central Oregon hub. Population influx and infrastructure improvements bolster long-term value.
7.2%
Avg. ROI
5.8%
Rental Yield
5.5%
Cap Rate
$420/mo
Avg. Cash Flow
$1850/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 5.8% with 4% appreciation. Steady job growth and tourism support demand. Low vacancy ensures reliable income.
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