FOR_SALERisky Deal3 days on market

21485 Modoc Ln

21485 Modoc Ln, Bend, OR 97702, Bend, OR 97702
$750,000
Zestimate®:$714,200

Listing Price

Property image 1
21485 Modoc Ln, Bend, OR 97702
Loc: Bend, OR
Days Listed
3
Tax Assessed
$762k
Zestimate®
$714k
Market Rate
Lot Size
5.00 acres
Rent Estimate
$3,128/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

6

Buckingham Elementary School

K-5
2 mi away
7

Pilot Butte Middle School

6-8
2.3 mi away
5

Bend Senior High School

9-12
2.4 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.13%
Total ROI
5.3%
Cash Flow
$-1,839/mo
DSCR
0.52
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-14Pending sale$750,000$424
2026-09-01Listed for sale$750,000$424

Tax History

YearProperty TaxTax Assessment
2025$3,680.67$245,720
2024$3,521.54$238,570
2023$3,314.05$224,890
2022$3,150.49$224,890
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,770
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $750,000Rent Basis: Observed Comp Model ($3,128/mo)State Tax Benchmark: 0.97% (OR)Hazard Reserve: $219/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.52%

NOI: $18,883/yr

Cash-on-Cash Yield
-16.1%

On $172,500 invested

DSCR Ratio
0.40x

Negative debt coverage

5-Yr Leveraged ROI
+13.6%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.97% of basis)-$616/mo
Homeowner / Hazard Insurance-$219/mo
Vacancy Reserve (5% of rent)-$156/mo
Repairs & Maintenance (10% of rent)-$313/mo
Property Management (8% of rent)-$250/mo
Total Pure Operating Expenses-$1,554/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,128/mo
Less: Operating Expenses-$1,554/mo
Net Operating Income (NOI)+$1,574/mo
Less: Debt Service (30yr @ 6.75%)-$3,892/mo
Net Cash Flow
$-2,318/mo
$-27,816/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Bend.