High Rental Yield Investment Properties for Sale in Redmond, OR

Listed for sale 2 days ago
$ 536,000
ROI
24.8
Cash Flow/m
692- 4 Bed
- 3 Bath
- 1761 sft
Jefferson Plan, Feather Ridge, Redmond, OR, 97756

Fix & Flip
Listed for sale 5 days ago
$ 220,000
ROI
30.2
Cash Flow/m
639- 2 Bed
- 1 Bath
- 768 sft
3775 NW Poplar Ave, Redmond, OR, 97756

$ 462,088
ROI
22.6
Cash Flow/m
363- 4 Bed
- 3 Bath
- 1787 sft
3302 NW 7th St, Redmond, OR, 97756

$ 125,000
ROI
25.1
Cash Flow/m
187- 2 Bed
- 1 Bath
- 924 sft
6100 S Highway 97 Unit 42, Redmond, OR, 97756
Why Invest in Redmond, Oregon?
Redmond, OR offers **high rental yield** potential for investors seeking steady cash flow in Central Oregon's growing market. Average rents hover around $1,500 monthly with modest 1.1% YoY growth, supporting cap rates near 6-7%. Renter-occupied housing exceeds 40%, bolstered by job growth in manufacturing and tourism. Annual appreciation of 3-4% adds long-term value amid stable vacancy rates below 7%. State rent caps at 9.5% for 2026 provide predictability for returns.
8.2%
Avg. ROI
7.1%
Rental Yield
6.5%
Cap Rate
$420/mo
Avg. Cash Flow
$1514/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
As of January 2026, average rent is $1,514 monthly, 7% below the national average of $1,624. One-bedroom units average $1,514, with 1.1% YoY growth. This supports strong yields for investors.
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