$525,000
61548 Rockway
Bend, OR 97702 · Desert Woods
Active1 days on market$488/sqft
Facts
Listing courtesy of Stellar Realty Northwest, agent Mariah Luelling
Data last updated June 19, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
Apple trees, resident deer, birds & squirrels alike - all on your own quiet .46 acre property right in town. Welcome to Rockway Terrace, in Desert Woods! Tucked away on a private street, with easy access to Reed Market for quick cross town travel, and just down the road from Reed Crossing (Cascade Lakes Brewery). This 3 bed,1 bath home lives simply, allowing you to have peace of mind, and time to do whats important to you. The living room is complete with a cozy wood burning stove. Kitchen offers updated appliances, and an eating area with a sliding glass door that leads to the spacious & lush backyard. Lots of room for toys and parking, including an attached two car garage. If you would prefer to use the garage as a workshop, then there's plenty of room to park on the property (including room for an RV), and the possibility of building a shop. This home has been well cared for - newer roof and brand new septic tank are a few of the many items completed, ready for you to make it yours!
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $420,000 · $105,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $2,336 ($2,100–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
At $525,000 with 25% down, this property runs $1,272 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
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