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

Discover investment opportunities in Redmond, OR properties under $500k, offering accessible entry into Central Oregon's growing market. Stable rental demand from a diversifying economy supports yields around 6-8%. Annual appreciation averages 4-5%, driven by population growth and limited supply. Cap rates hover at 5-6% with average monthly cash flow of $300-500 per unit. Renter-occupied housing exceeds 40%, ensuring consistent income potential.