1916 Redtail Hawk Dr Unit RV45B · Eagle Crest, OR 97756

$5,000

3 bd · 2.0 ba · 1,405 sqft · SingleFamily · 361 Days on market

Built 1993 0.26 ac lot $4/sqft · 58% below area $399/mo HOA · 17% of rent

---

Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +3.3/5.0
• Livability +3.1/5.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Don't miss your chance to be an owner for 5 weeks per year while experiencing all Eagle Crest Resort has to offer. A spacious 3 bedroom 2 bath end unit townhome will ensure a great stay - All while overlooking the canyon from the private deck with hot tub make for a serene experience. Enjoy all the amenities such as our 3 Sports centers, pools, hot tubs, gyms, tennis, racquetball, volleyball, hiking, and biking are just some of the amenities! Contact us today for more information.

Key facts

• Private deck
• Hot tub
• Canyon views

Tags

• PRIVATE DECK
• HOT TUB
• CANYON VIEWS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $5k.

Deal economics

• At list price, monthly cash flow is $1k ($17k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $5k).
• Recommended offer: $4k (12.0% below list) — sets the bar for market timing.
• Cap rate 344.7% vs local median 1.5% in Eagle Crest — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 61/100 on livability (#272 in OR) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+; Watch: health & safety C-, schools D+, amenities F.
• Redmond SD 2J (town): math 24% / reading 42% proficiency, ranked #28 of 58 in OR (top 48%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+3.4%/yr); 731 active listings in the ZIP; solid renter incomes; 1,624 units permitted in Deschutes County in 2024 (391 in 5+ unit buildings).
• This rent runs 32% of the median local income ($87k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $35 of loan paydown is wiped out by about $150 of value loss. Plan a longer hold.
• Deschutes County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.4% rent growth), your $1k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 361 days — a 12% lower offer ($4k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $4,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 361 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 46.67% ✓
• Cap rate: 344.67%
• Cash-on-cash: 1208.48%
• DSCR: 54.77
• GRM: 0.2

CMA / ARV

• ARV (median comp): $12,040
• List price: $5,000
• Delta: -58.47%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1978 Redtail Hawk Dr Unit 21i	0.10mi	3/2.0	1,405 (0%)	3mo	$2,500	$2	93
1836 Redtail Hawk Dr Unit RV57A	0.02mi	3/2.0	1,405 (0%)	12mo	$2,000	$1	89
1844 Redtail Hawk Dr Unit RV55B	0.02mi	3/2.0	1,405 (0%)	16mo	$4,000	$3	86
1844 Redtail Hawk Dr Unit RV55E	0.04mi	3/2.0	1,405 (0%)	18mo	$4,000	$3	83
1830 Redtail Hawk Dr Unit RV59E	0.06mi	3/2.0	1,323 (-6%)	6mo	$1	—	83
1982 Redtail Hawk Dr Unit RV19J	0.11mi	3/2.0	1,405 (0%)	20mo	$4,500	$3	78
2280 Snowgoose Dr Unit RV6D	0.19mi	3/2.0	1,405 (0%)	18mo	$9,500	$7	76
6960 Robin Ct Unit FV22B	0.34mi	3/2.0	1,405 (0%)	16mo	$26,500	$19	70
6960 Robin Ct Unit FV22E	0.34mi	3/2.0	1,405 (0%)	16mo	$15,000	$11	70
2390 Snowgoose Dr Unit RV 11-C 10 Weeks	0.25mi	3/2.0	1,405 (0%)	22mo	$5,000	$4	70

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.39% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 65.42×
• Total profit: $90,186
• Equity at exit: $746

10-year hold

• IRR: —
• Equity multiple: 143.22×
• Total profit: $199,102
• Equity at exit: $432

Cash invested: $1,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 28 Tenant-Leaning
• State Oregon: 28 Tenant-Leaning · D+6
• County: — inherits STATE
• City: — inherits STATE

SB608 (2019): statewide rent cap (7% + CPI) and just-cause for tenancies > 1 yr. Portland has relocation assistance ordinance.

Methodology + full state rankings →

ZIP-level market 97756

• Rents YoY: 3.4%
• Active inventory: 731
• Price-to-rent: 0.2×

Monthly cashflow live

• Estimated rent: $2,333 medium
• Mortgage (P&I): −$26
• Tax est. 1.5%: −$6 /mo · $75/yr
• Insurance: −$2
• HOA: −$399
• Vacancy / Maint / Mgmt: −$490
• Net cashflow: $1,410

Break-even live

Break-even rent $549

Max offer price $5,000

Occupancy floor 35%

Sensitivity live

Price	-10% $1,413	-5% $1,412	+0% $1,410	+5% $1,408	+10% $1,406
Rent	-10% $1,226	-5% $1,318	+0% $1,410	+5% $1,502	+10% $1,594
Rate	-1.0pp $1,412	-0.5pp $1,411	base $1,410	+0.5pp $1,409	+1.0pp $1,407

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $1,250
• Closing costs: $150
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $399 · $4,788/yr
• Likely covers: poolgym

Listing history 17 events

1. 2026-06-18
   days on market $5,000 Active 361 DOM
2. 2026-06-17
   days on market $5,000 Active 360 DOM
3. 2026-06-16
   days on market $5,000 Active 359 DOM
4. 2026-06-15
   days on market $5,000 Active 358 DOM
5. 2026-06-14
   days on market $5,000 Active 356 DOM
6. 2026-06-13
   days on market $5,000 Active 355 DOM
7. 2026-06-10
   days on market $5,000 Active 353 DOM
8. 2026-06-09
   days on market $5,000 Active 352 DOM
9. 2026-06-08
   days on market $5,000 Active 351 DOM
10. 2026-06-07
    days on market $5,000 Active 350 DOM
11. 2026-06-02
    days on market $5,000 Active 345 DOM
12. 2026-06-01
    days on market $5,000 Active 344 DOM
13. 2026-05-31
    days on market $5,000 Active 343 DOM
14. 2026-05-30
    days on market $5,000 Active 342 DOM
15. 2025-12-22
    status Active 485-char remark

    Show marketing remark (485 chars)

    Don't miss your chance to be an owner for 5 weeks per year while experiencing all Eagle Crest Resort has to offer. A spacious 3 bedroom 2 bath end unit townhome will ensure a great stay - All while overlooking the canyon from the private deck with hot tub make for a serene experience. Enjoy all the amenities such as our 3 Sports centers, pools, hot tubs, gyms, tennis, racquetball, volleyball, hiking, and biking are just some of the amenities! Contact us today for more information.

16. 2025-12-20
    historical 485-char remark

    Show marketing remark (485 chars)

    Don't miss your chance to be an owner for 5 weeks per year while experiencing all Eagle Crest Resort has to offer. A spacious 3 bedroom 2 bath end unit townhome will ensure a great stay - All while overlooking the canyon from the private deck with hot tub make for a serene experience. Enjoy all the amenities such as our 3 Sports centers, pools, hot tubs, gyms, tennis, racquetball, volleyball, hiking, and biking are just some of the amenities! Contact us today for more information.

17. 2025-06-20
    listed $5,000 Active 485-char remark

    Show marketing remark (485 chars)

    Don't miss your chance to be an owner for 5 weeks per year while experiencing all Eagle Crest Resort has to offer. A spacious 3 bedroom 2 bath end unit townhome will ensure a great stay - All while overlooking the canyon from the private deck with hot tub make for a serene experience. Enjoy all the amenities such as our 3 Sports centers, pools, hot tubs, gyms, tennis, racquetball, volleyball, hiking, and biking are just some of the amenities! Contact us today for more information.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 3/10 Moderate 7 d/yr ≥92°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 22 unhealthy d/yr today · 25 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,002
• − Mortgage interest: −$280
• − Property taxes: −$75
• − Insurance: −$25
• − Repairs & maintenance: −$2,240
• − Management: −$2,240
• − HOA: −$4,788
• − Depreciation: −$145
• Taxable income: $18,208
• Est. tax owed @ 24.0%: −$4,370
• After-tax cash flow: $12,549/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Redmond SD 2J
• NCES district ID: 4110350
• Math proficiency: 24% ▼ -19.00%
• Reading proficiency: 42% ▼ -11.00%
• Median HH income: $51,027
• Composite: 28.72/100
• National rank: #6682
• State rank: #28 of 58 in OR

Livability — Eagle Crest

• Score: 61/100
• State rank: #272
• US rank: #18365

Category grades

Amenities F Commute F Cost of living F Crime A+ Employment A+ Housing C+ Health & safety C- User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Eagle Crest, OR
• County: Deschutes County · 197,892 people
• Metro: Bend, OR
• Population (ZIP): 44,914
• Household income: $87,278
• Rent vs Own: 30.8% rent · 69.2% own
• Severe rent burden: 1205.0

Population outlook (Deschutes County) Hauer SSP2

• Today (2025): 213,908 people
• By 2030: 232,387 · +8.6%
• By 2040: 265,858 · +24.3%
• By 2050: 295,286 · +38.0%
• By 2075: 353,553 · +65.3%
• By 2100: 380,293 · +77.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Hispanic / Latino 13% Two or more races 4% Native American 2%
• Hispanic origin (detail): Mexican 10%
• Common ancestry: Italian 5% Portuguese 4% Slovak 4%
• Foreign-born: 6% · Canada, South Korea
• Languages at home: 90% English-only · Spanish 8% Russian/Polish/Slavic 1%

Political lean MEDSL · Deschutes

• 2024 margin: D (+10.1) · D 53.6% · R 43.5% · Other 2.8%
• 2008→2024 swing: +10.4pp toward D · 2008: -0.3pp · 2024: 10.1pp
• All cycles: 2024: D+10.1 2020: D+8.2 2016: R+3.8 2012: R+7.3 2008: R+0.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -292.28%
• Current HPI: 385.3027
• Rent YoY: ▲ 3.39%
• Metro: Bend, OR
• State GDP YoY: ▲ 2.05%
• F500 in state: 2

Industry mix (Fortune 500 HQ in OR)

Industry	F500 HQs	Revenue
▸Consumer Goods	1	$51B

Price history

3 events — show timeline

• 2025-12-22 Relisted — MLSCO
• 2025-12-20 Listing Removed — MLSCO
• 2025-06-20 Listed $5,000 MLSCO