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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Redmond, OR
$ 289,900
ROI
27.3
Cash Flow/m
610- 2 Bed
- 3 Bath
- 1505 sft
1464 SW 16th St, Redmond, OR, 97756
$ 275,000
ROI
27.7Cash Flow/m
610- 2 Bed
- 3 Bath
- 1503 sft
1444 SW 16th St, Redmond, OR, 97756
$ 230,000
ROI
32.8Cash Flow/m
836- 2 Bed
- 3 Bath
- 1506 sft
1472 SW 16th St, Redmond, OR, 97756
$ 285,000
ROI
20.2Cash Flow/m
32- 2 Bed
- 3 Bath
- 1498 sft
1460 SW 16th St, 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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