53877 Beach Loop Rd #2 · Bandon, OR 97411

$159,000

1 bd · 1.0 ba · 603 sqft · Manufactured · 316 Days on market

Built 2004 Fair condition

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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 +17.0/30.0
• ARV discount +7.5/15.0
• DSCR +5.3/10.0
• 1% rule +4.6/10.0
• Schools +4.3/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Searching for the ideal, low-maintenance coastal getaway? This thoughtfully designed 2004 park model home is just moments from Bandon’s spectacular beaches. Light-filled and inviting, it features one spacious bedroom, one bath, vaulted ceilings, and a versatile bonus loft perfect for guests or extra living space. Enjoy abundant built-in storage throughout and convenient in-home laundry with a stackable washer and dryer. Recent upgrades include easy-care laminate flooring in the living area, a new front door and storm screen, and freshly installed and painted cedar siding. Step onto the sunny, south-facing deck for outdoor relaxation, or store your gear and beach toys in the detached garage. Community amenities include maintained picnic and play areas, making this the perfect “lock and leave” retreat. Sale is subject to the park’s first right of refusal, park approval, and a lease agreement. Space rent determined by the park, currently $764/mo. Buyer to verify all information. Easy to show , call for an appointment today!

Key facts

• In-home laundry
• Park model home
• Coastal getaway

Tags

• COASTAL GETAWAY
• PARK MODEL HOME
• VAULTED CEILINGS
• BONUS LOFT
• BUILT-IN STORAGE
• IN-HOME LAUNDRY

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $159k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $107 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $153k (4.0% below list).
• Recommended offer: $140k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.1% vs local median 2.3% in Bandon — 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 75/100 on livability (#89 in OR, #4,357 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, health & safety A+, amenities A; Watch: commute F, employment D-.
• Bandon SD 54 (town): math 42% / reading 57% proficiency, ranked #51 of 183 in OR (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 180 active listings in the ZIP; 122 units permitted in Coos County in 2024 (16 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Coos County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 316 days — a 12% lower offer ($140k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 6y ago; this cycle's ask has dropped $20k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $138k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $139,920 (12.0% below list)

Questions for the listing agent

1. It's been on market 316 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
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. 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?
6. 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.
7. 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.
8. 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: 0.96% ✗
• Cap rate: 7.10%
• Cash-on-cash: 2.89%
• DSCR: 1.13
• GRM: 8.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -11.7%
• Equity multiple: 0.58×
• Total profit: $-18,912
• Equity at exit: $23,707

10-year hold

• IRR: -2.5%
• Equity multiple: 0.83×
• Total profit: $-7,579
• Equity at exit: $13,747

Cash invested: $44,520 (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 97411

• Active inventory: 180
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,527 medium
• Mortgage (P&I): −$834
• Tax est. 1.5%: −$199 /mo · $2,385/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$321
• Net cashflow: $107

Break-even live

Break-even rent $1,391

Max offer price $159,000

Occupancy floor 88%

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: $39,750
• Closing costs: $4,770
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-19
   days on market $159,000 Active 316 DOM
2. 2026-06-18
   days on market $159,000 Active 315 DOM
3. 2026-06-17
   days on market $159,000 Active 314 DOM
4. 2026-06-16
   days on market $159,000 Active 313 DOM
5. 2026-06-15
   days on market $159,000 Active 312 DOM
6. 2026-06-14
   days on market $159,000 Active 310 DOM
7. 2026-06-12
   days on market $159,000 Active 309 DOM
8. 2026-06-09
   days on market $159,000 Active 306 DOM
9. 2026-06-08
   days on market $159,000 Active 305 DOM
10. 2026-06-07
    days on market $159,000 Active 304 DOM
11. 2026-06-07
    days on market $159,000 Active 303 DOM
12. 2026-06-03
    days on market $159,000 Active 300 DOM
13. 2026-06-02
    days on market $159,000 Active 299 DOM
14. 2026-06-01
    days on market $159,000 Active 298 DOM
15. 2026-05-31
    days on market $159,000 Active 297 DOM
16. 2026-05-30
    days on market $159,000 Active 296 DOM
17. 2026-04-06
    price $159,000 1060-char remark

    Show marketing remark (1060 chars)

    Searching for the ideal, low-maintenance coastal getaway? This thoughtfully designed 2004 park model home is just moments from Bandon’s spectacular beaches. Light-filled and inviting, it features one spacious bedroom, one bath, vaulted ceilings, and a versatile bonus loft perfect for guests or extra living space. Enjoy abundant built-in storage throughout and convenient in-home laundry with a stackable washer and dryer. Recent upgrades include easy-care laminate flooring in the living area, a new front door and storm screen, and freshly installed and painted cedar siding. Step onto the sunny, south-facing deck for outdoor relaxation, or store your gear and beach toys in the detached garage. Community amenities include maintained picnic and play areas, making this the perfect “lock and leave” retreat. Sale is subject to the park’s first right of refusal, park approval, and a lease agreement. Space rent determined by the park, currently $764/mo. Buyer to verify all information. Easy to show , call for an appointment today!

18. 2025-10-01
    price $169,000 1060-char remark

    Show marketing remark (1060 chars)

    Searching for the ideal, low-maintenance coastal getaway? This thoughtfully designed 2004 park model home is just moments from Bandon’s spectacular beaches. Light-filled and inviting, it features one spacious bedroom, one bath, vaulted ceilings, and a versatile bonus loft perfect for guests or extra living space. Enjoy abundant built-in storage throughout and convenient in-home laundry with a stackable washer and dryer. Recent upgrades include easy-care laminate flooring in the living area, a new front door and storm screen, and freshly installed and painted cedar siding. Step onto the sunny, south-facing deck for outdoor relaxation, or store your gear and beach toys in the detached garage. Community amenities include maintained picnic and play areas, making this the perfect “lock and leave” retreat. Sale is subject to the park’s first right of refusal, park approval, and a lease agreement. Space rent determined by the park, currently $764/mo. Buyer to verify all information. Easy to show , call for an appointment today!

19. 2025-08-07
    listed $179,000 Active 1060-char remark

    Show marketing remark (1060 chars)

    Searching for the ideal, low-maintenance coastal getaway? This thoughtfully designed 2004 park model home is just moments from Bandon’s spectacular beaches. Light-filled and inviting, it features one spacious bedroom, one bath, vaulted ceilings, and a versatile bonus loft perfect for guests or extra living space. Enjoy abundant built-in storage throughout and convenient in-home laundry with a stackable washer and dryer. Recent upgrades include easy-care laminate flooring in the living area, a new front door and storm screen, and freshly installed and painted cedar siding. Step onto the sunny, south-facing deck for outdoor relaxation, or store your gear and beach toys in the detached garage. Community amenities include maintained picnic and play areas, making this the perfect “lock and leave” retreat. Sale is subject to the park’s first right of refusal, park approval, and a lease agreement. Space rent determined by the park, currently $764/mo. Buyer to verify all information. Easy to show , call for an appointment today!

20. 2021-02-19
    soldstatus $137,500 Sold 493-char remark

    Show marketing remark (493 chars)

    Adorable park model in Beach Loop RV Park, just minutes to the ocean. Clean home with 1 bedroom, 1 bath, & loft. Open floorplan with vaulted ceilings makes this park model feel very roomy. Beach Loop RV Park has beautiful well maintained shared spaces to allow for personal use. Vacant, go see today! Park has first right of refusal. Purchase is subject to park approval & lease agreement with park owner. Space rent is determined by park. Contact Jeff @ 541-347-2100. Buyer to verify.

21. 2020-12-19
    status Pending 493-char remark

    Show marketing remark (493 chars)

    Adorable park model in Beach Loop RV Park, just minutes to the ocean. Clean home with 1 bedroom, 1 bath, & loft. Open floorplan with vaulted ceilings makes this park model feel very roomy. Beach Loop RV Park has beautiful well maintained shared spaces to allow for personal use. Vacant, go see today! Park has first right of refusal. Purchase is subject to park approval & lease agreement with park owner. Space rent is determined by park. Contact Jeff @ 541-347-2100. Buyer to verify.

22. 2020-12-07
    listed $149,900 Active 493-char remark

    Show marketing remark (493 chars)

    Adorable park model in Beach Loop RV Park, just minutes to the ocean. Clean home with 1 bedroom, 1 bath, & loft. Open floorplan with vaulted ceilings makes this park model feel very roomy. Beach Loop RV Park has beautiful well maintained shared spaces to allow for personal use. Vacant, go see today! Park has first right of refusal. Purchase is subject to park approval & lease agreement with park owner. Space rent is determined by park. Contact Jeff @ 541-347-2100. Buyer to verify.

ⓘ 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 3/10 Moderate
• 🌡 Heat 1/10 Low 7 d/yr ≥74°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 6/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,320
• − Mortgage interest: −$8,906
• − Property taxes: −$2,385
• − Insurance: −$795
• − Repairs & maintenance: −$1,466
• − Management: −$1,466
• − Depreciation: −$4,625
• Taxable loss: −$1,323
• Est. tax savings @ 24.0%: +$318
• After-tax cash flow: $1,604/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This park model home requires moderate repairs and maintenance, with a focus on the roof, exterior siding, and interior walls. While the home is move-in ready, it has potential for significant value increases with updates to these areas.

Repairs flagged

• Major roof — visible wear
• Major exterior siding — some discoloration
• Major interior walls — paint appears faded
• Major windows — some appear old

Value-add opportunities

• Both paint interior walls — fresh paint enhances curb appeal and interior aesthetics
• Both replace windows — new windows improve energy efficiency and curb appeal
• Both repair roof — a new roof extends the home's lifespan and enhances curb appeal

Renovation cost estimate screening

Repair item	Severity	Est. cost
roof · visible wear	Major	$15,000–50,000
exterior siding · some discoloration	Major	$15,000–50,000
interior walls · paint appears faded	Major	$15,000–50,000
windows · some appear old	Major	$15,000–50,000
Total estimated repair cost · 4 items		$60,000–200,000

Value-add ROI direction

• Both paint interior walls — fresh paint enhances curb appeal and interior aesthetics ↑
• Both replace windows — new windows improve energy efficiency and curb appeal ↑
• Both repair roof — a new roof extends the home's lifespan and enhances curb appeal ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Bandon SD 54
• NCES district ID: 4101800
• Math proficiency: 42% ▲ 8.00%
• Reading proficiency: 57% ▲ 3.00%
• Median HH income: $36,466
• Composite: 43.09/100
• National rank: #6628
• State rank: #51 of 183 in OR

Livability — Bandon

• Score: 75/100
• State rank: #89
• US rank: #4357

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 7,629

Population outlook (Coos County) Hauer SSP2

• Today (2025): 62,222 people
• By 2030: 61,120 · -1.8%
• By 2040: 58,478 · -6.0%
• By 2050: 56,819 · -8.7%
• By 2075: 54,915 · -11.7%
• By 2100: 51,403 · -17.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 7% Hispanic / Latino 2%
• Common ancestry: Lithuanian 5% Italian 4% Slovak 4%
• Foreign-born: 2% · Canada

Political lean MEDSL · Coos

• 2024 margin: R (+19.9) · D 38.7% · R 58.5% · Other 2.8%
• 2008→2024 swing: -16.8pp toward R · 2008: -3.1pp · 2024: -19.9pp
• All cycles: 2024: R+19.9 2020: R+20.5 2016: R+24.3 2012: R+6.3 2008: R+3.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -139.34%
• Current HPI: 196.1152
• Rent YoY: —
• Metro: —
• 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

+6.1% since first listed

6 events — show timeline

• 2026-04-06 Price Changed $159,000 RMLS
• 2025-10-01 Price Changed $169,000 RMLS
• 2025-08-07 Listed $179,000 RMLS
• 2021-02-19 Sold (MLS) $137,500 RMLS
• 2020-12-19 Pending — RMLS
• 2020-12-07 Listed $149,900 RMLS