69127 Wildwood Dr #43 · Saunders Lake, OR 97459

$173,650

3 bd · 2.0 ba · 1,344 sqft · Manufactured · 452 Days on market

Built 2024 Good condition Est $235k · 26% under ↓ 6% since listing

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Why this score? — see what drove the B- 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 +18.4/30.0
• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• DSCR +5.8/10.0
• 1% rule +4.9/10.0
• Condition / age +4.0/5.0
• Schools +3.3/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0

Listing remarks

Brand new three bedroom two bath manufactured home in a family park. Move=in Ready. Kitchen island. Open floor plan. Master Bedroom suite. must Qualify for park.

Key facts

• Open floor plan
• Kitchen island
• Master bedroom suite

Tags

• KITCHEN ISLAND
• OPEN FLOOR PLAN
• MASTER BEDROOM SUITE

Property features AI

Finance

• Financial info: Lot rent $400 monthly
• HOA & community: Park amenities include sewer, trash, and water; Park allows up to 2 pets; Located in Wildwood Estates Mobile Home Park; on-site and off-site managers

Exterior

• Parking: Driveway
• Utilities: Public water; Septic tank sewer; Electricity for hot water and fuel
• Home design: Manufactured home in a park (single-level); Built in 2024; Title classification with skirting foundation; No notable view
• Construction: 2024 construction; Cement siding; Skirting foundation
• Exterior features: Porch; Yard; Cement siding

Interior

• Kitchen: Dishwasher; Free-standing range; Free-standing refrigerator; Microwave; Eat bar and island; Plumbed for ice maker
• Bedrooms: Primary bedroom on main level with suite and walk-in closet; Second bedroom on main level with closet; Third bedroom on main level with closet
• Flooring: Wood floors; Wall-to-wall carpet
• Bathrooms: Two full bathrooms (both on the main level)
• Heating & cooling: High-efficiency forced air heating (95%+); No central cooling (other cooling present)
• Interior features: Main-floor utility room with built-in features; Laundry area; Wood floors and wall-to-wall carpet; Double-pane windows; Accessible design with main-floor bedroom and bath; one-level living
• Laundry & utility: Utility room on main level; Laundry included (hookups/area present)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $174k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $163 ($2k/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 $172k (0.7% below list).
• Recommended offer: $153k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• North Bend SD 13 (town): math 30% / reading 47% proficiency, ranked #21 of 58 in OR (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: North Bay Elementary School (math 34% / reading 42%, grade F, #197 of 412 statewide, top 48%, 443 students, 69% FRL); North Bend Middle School (math 24% / reading 45%, grade F, #61 of 128 statewide, top 54%, 494 students, 68% FRL); North Bend Senior High School (math 75% / reading 75%, grade A-, #2 of 143 statewide, top 6%, 731 students, 30% FRL) — zoned schools average 56% FRL vs 40% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 170 active listings in the ZIP; 122 units permitted in Coos County in 2024 (16 in 5+ unit buildings).

Forward outlook

• In year one you build about $19k of equity ($1k loan paydown + $17k appreciation (10.0% local appreciation)).
• Coos County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $49k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$47k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 452 days — a 12% lower offer ($153k) is reasonable based on typical stale-listing flexibility.

Recommended offer $152,812 (12.0% below list)

Questions for the listing agent

1. It's been on market 452 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 0.99% ✗
• Cap rate: 7.42%
• Cash-on-cash: 4.01%
• DSCR: 1.18
• GRM: 8.4

CMA / ARV

• ARV (on-the-fly): $235,200
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
69127 Wildwood Rd #4	0.12mi	3/2.0	1,296 (-4%)	0mo	$155,000	$120	88
93721 Driftwood Inn Ln	0.27mi	3/2.0	1,404 (+4%)	19mo	$245,000	$175	64

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 27.2%
• Equity multiple: 3.16×
• Total profit: $104,950
• Equity at exit: $156,438

10-year hold

• IRR: 23.8%
• Equity multiple: 7.19×
• Total profit: $300,974
• Equity at exit: $337,364

Cash invested: $48,622 (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 97459

• Home prices YoY: 1.6%
• Active inventory: 170
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $1,725 medium
• Mortgage (P&I): −$911
• Tax est. 1.5%: −$217 /mo · $2,605/yr
• Insurance: −$72
• HOA: −$0
• Vacancy / Maint / Mgmt: −$362
• Net cashflow: $163

Break-even live

Break-even rent $1,519

Max offer price $173,650

Occupancy floor 86%

Sensitivity live

Price	-10% $283	-5% $223	+0% $163	+5% $103	+10% $42
Rent	-10% $26	-5% $94	+0% $163	+5% $231	+10% $299
Rate	-1.0pp $250	-0.5pp $207	base $163	+0.5pp $118	+1.0pp $72

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: $43,412
• Closing costs: $5,210
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-21
   days on market $173,650 Active 452 DOM
2. 2026-06-19
   days on market $173,650 Active 450 DOM
3. 2026-06-18
   days on market $173,650 Active 449 DOM
4. 2026-06-17
   days on market $173,650 Active 448 DOM
5. 2026-06-16
   days on market $173,650 Active 447 DOM
6. 2026-06-15
   days on market $173,650 Active 446 DOM
7. 2026-06-14
   days on market $173,650 Active 444 DOM
8. 2026-06-12
   days on market $173,650 Active 443 DOM
9. 2026-06-09
   days on market $173,650 Active 440 DOM
10. 2026-06-08
    days on market $173,650 Active 439 DOM
11. 2026-06-07
    days on market $173,650 Active 438 DOM
12. 2026-06-05
    days on market $173,650 Active 435 DOM
13. 2026-06-03
    days on market $173,650 Active 434 DOM
14. 2026-06-02
    days on market $173,650 Active 433 DOM
15. 2026-06-01
    days on market $173,650 Active 432 DOM
16. 2026-05-31
    days on market $173,650 Active 431 DOM
17. 2026-05-30
    days on market $173,650 Active 430 DOM
18. 2026-03-09
    price $173,650
19. 2025-10-01
    price $174,650
20. 2025-07-12
    price $174,900
21. 2025-03-26
    listed $184,900 Active

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

Taxation est. · year 1

• Rental income: $20,697
• − Mortgage interest: −$9,727
• − Property taxes: −$2,605
• − Insurance: −$868
• − Repairs & maintenance: −$1,656
• − Management: −$1,656
• − Depreciation: −$5,052
• Taxable loss: −$866
• Est. tax savings @ 24.0%: +$208
• After-tax cash flow: $2,158/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 · 6 photos

Good 80/100 Cosmetic rehab

This manufactured home is in excellent condition with minimal repairs needed. It is move-in ready and has the potential for further value increases through cosmetic upgrades and landscaping improvements.

Value-add opportunities

• Both Painting the exterior siding — Fresh paint can enhance curb appeal and property value.
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract more potential buyers/tenants.
• Both Upgrading the flooring in the kitchen and bathrooms — Modern flooring can improve the aesthetic and functionality of these spaces, increasing both resale and rental value.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior siding — Fresh paint can enhance curb appeal and property value. ↑
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract more potential buyers/tenants. ↑
• Both Upgrading the flooring in the kitchen and bathrooms — Modern flooring can improve the aesthetic and functionality of these spaces, increasing both resale and rental value. ↑

ⓘ 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: North Bend SD 13
• NCES district ID: 4108820
• Math proficiency: 30% ▼ -3.00%
• Reading proficiency: 47% ▼ -6.00%
• Median HH income: $43,614
• Composite: 32.57/100
• National rank: #5681
• State rank: #21 of 58 in OR

Livability — Saunders Lake

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Population (ZIP): 15,328

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 (82%)
• Race & ethnicity: White 82% Two or more races 10% Hispanic / Latino 7% Asian 3% Native American 2%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Italian 7% Portuguese 4% Lithuanian 3%
• Foreign-born: 5% · Canada, China, Philippines
• Languages at home: 94% English-only · Spanish 2% Chinese 1% Other Asian/Pacific 1%

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: ▲ 14.02%
• Current HPI: 887.7
• 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

4 events — show timeline

• 2026-03-09 Price Changed $173,650 RMLS
• 2025-10-01 Price Changed $174,650 RMLS
• 2025-07-12 Price Changed $174,900 RMLS
• 2025-03-26 Listed $184,900 RMLS