Under $300K Investment Properties for Sale in Redmond, OR
396- 2 Bed
- 2 Bath
- 1195 sft
117- 2 Bed
- 3 Bath
- 1340 sft
469- 2 Bed
- 1 Bath
- 816 sft
610- 2 Bed
- 3 Bath
- 1505 sft
Why Invest in Redmond, Oregon?
Redmond, OR offers compelling opportunities for investors targeting properties under $300k. With a stable rental market and growing local economy, these affordable homes deliver solid **rental yields** around 7-9%. Annual appreciation averages 4-5%, supported by Central Oregon's population influx. Low vacancy rates near 5% ensure consistent cash flow for budget-conscious portfolios. Cap rates of 6-8% make under-$300k investments attractive for long-term holds.
Frequently Asked Questions
Yes, Redmond offers single-family homes and condos under $300k suitable for rentals. These properties appeal to investors due to strong tenant demand and yields above 8%. Focus on areas near employment hubs for best cash flow.
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