Real Estate Investor Insurance in Bend
Insurance guide for Bend, Oregon. Understand market conditions, insurance costs, and investment opportunities.
Market Snapshot
Population
0.2M
Median Home Price
$520K
Median Rent
$1700/mo
Est. Cash-on-Cash Return
25%
Bend Market Overview
Bend is a key investment market in Oregon with distinct characteristics that affect real estate investments and insurance needs.
🏠 Home Prices
$520,000
Median home price
📍 Rental Market
$1700
Per month median rent
📈 ROI Potential
25%
Estimated cash-on-cash return
Investment Characteristics
- •Market Position: Bend is a significant investment market in Oregon with diverse opportunities.
- •Price Range: Properties vary from starter investments around $$364,000 to premium properties at $$780,000+.
- •Rental Market: Strong demand at $$1700/month supports cash flow investing.
- •Fix-and-Flip Potential: Typical renovation budgets of $$130,000 with 6-12 month timelines.
Insurance Considerations for Bend
Builders Risk for Renovations
For fix-and-flip projects in Bend with average home prices around $$520,000, expect builders risk costs of $1,400-$2,900.
With typical renovation costs of 20-30% of purchase price, a builders risk policy covering $$130,000 would protect your investment during the 3-9 month renovation period.
Landlord Insurance
Rental properties in Bend typically need landlord insurance averaging $1,700-$2,900 annually.
With median rents of $$1700/month ($$20400/year), ensure loss-of-rent coverage is included to protect against vacancy and non-payment risks.
Flood Insurance
Flood insurance in Bend averages $700-$1,600 annually depending on location.
Even properties outside mapped flood zones should consider coverage. Use the FEMA Flood Map Service to check your specific property's risk level.
Top Investment Neighborhoods in Bend
Different neighborhoods in Bend offer different investment opportunities and insurance considerations.
Established Neighborhoods
Proven markets with stable rental demand and strong property appreciation. Good for landlord investments.
Up-and-Coming Areas
Emerging neighborhoods with appreciation potential. Good for fix-and-flip and value-add opportunities.
Downtown/Core Areas
Urban centers with strong demand for rentals and short-term leasing. Higher insurance costs due to density.