3760 Highway 101 #4 · Florence, OR 97439

$142,000

3 bd · 2.0 ba · 1,344 sqft · Manufactured public records · 148 Days on market

Built 1979 $106/sqft · 62% below area $834/mo HOA · 44% of rent

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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).

• Appreciation +10.0/10.0
• 1% rule +8.3/10.0
• ARV discount +7.5/15.0
• Cash flow +5.3/30.0
• Schools +3.7/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +0.0/10.0

Listing remarks MLS

Your perfect coastal getaway! Live full time or part time in this beautifully updated and well-cared for home. No expense was spared and no detail overlooked in this charming, and lovingly remodeled double-wide manufactured home located in the welcoming 55+ community of Wayside Park. This inviting 3-bedroom, 2-bathroom home has been thoughtfully updated with a new mini-split system for efficient heating and cooling, new luxury vinyl plank flooring and PEX plumbing throughout, new insulation beneath the home, and new gutters for added peace of mind. Roof is in excellent condition. Soft natural light pours in through the south-facing front windows, creating a bright yet comfortable atmosphere in the kitchen and living areas. Throughout the home, hand-painted tongue-and-groove and shiplap walls add character, texture, and a truly cozy feeling, complementing the upgraded LED lighting. The layout offers both a relaxed living room and a warm family room—perfect for quiet mornings or hosting friends. The open kitchen is bright and welcoming, featuring ample counter space and an eat-in counter ideal for casual meals and conversation.The spacious primary bedroom serves as a peaceful retreat and includes an attached bathroom with dual vanities, offering comfort and convenience. Two additional bedrooms and a second full bathroom provide flexible space for guests, hobbies, or a home office. Step outside to enjoy the private covered deck, a fenced area for dogs, and a sweet grassy space perfect for relaxing outdoors. A large Tuff Shed for tools and storage is included, along with the added bonus of a second on-site parking space. This well cared for, move-in-ready home offers comfort, charm, and easy living. Shown by appointment only. Financing available from specific lenders for qualified buyers!

Key facts

• Fenced area for dogs
• New gutters
• Shiplap walls

Tags

• NEW MINI-SPLIT SYSTEM
• NEW GUTTERS
• SHIPLAP WALLS
• UPGRADED LED LIGHTING
• PRIVATE COVERED DECK
• FENCED AREA FOR DOGS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $142k.

Deal economics

• At list price, monthly cash flow is $-318 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $96k (32.4% below list).
• Meets the 1% rule at list price ($2k rent vs $142k).
• Recommended offer: $96k (32.4% below list) — sets the bar for cash-flow.
• Cap rate 3.6% vs local median 2.6% in Florence — 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 70/100 on livability (#142 in OR) — a middle-class / working-renter tenant base. Strengths: health & safety A+, housing A, crime A-; Watch: employment C-, amenities F, commute F.
• Siuslaw SD 97J (town): math 33% / reading 50% proficiency, ranked #106 of 183 in OR (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 406 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,808 units permitted in Lane County in 2024 (972 in 5+ unit buildings).

Forward outlook

• In year one you build about $15k of equity ($982 loan paydown + $14k appreciation (10.0% local appreciation)).
• Lane County population projected at +15% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 3, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 148 days — a 12% lower offer ($125k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 12y ago 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.
• Current owner paid $62k; list at $142k implies a 129% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 44% of rent.

Recommended offer $95,944 (32.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 148 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
3. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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.
9. 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.
10. 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: 1.33% ✓
• Cap rate: 3.60%
• Cash-on-cash: -9.61%
• DSCR: 0.57
• GRM: 6.2

CMA / ARV

• ARV (median comp): $375,000
• List price: $142,000
• Delta: -62.13%
• Verdict: UNDERPRICED
• Comps: 11 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
324 Jonathan Ln	0.54mi	2/2.0 (-1)	1,345 (+0%)	1mo	$400,000	$297	69
141 43rd Way	0.42mi	2/2.0 (-1)	1,352 (+1%)	11mo	$400,000	$296	65
317 Manzanita Dr	0.50mi	3/2.0	1,324 (-2%)	11mo	$285,000	$215	65
3760 Highway 101 Unit 7A	0.04mi	2/1.0 (-1)	1,200 (-11%)	13mo	$60,000	$50	60
790 Siano Loop	0.69mi	2/2.0 (-1)	1,344 (0%)	6mo	$299,900	$223	58
859 Munsel Creek Loop	0.41mi	3/2.0	1,456 (+8%)	12mo	$310,000	$213	57
128 Evergreen Ln	0.50mi	2/2.0 (-1)	1,188 (-12%)	2mo	$400,000	$337	51
130 Evergreen Ln	0.49mi	2/2.0 (-1)	1,188 (-12%)	8mo	$400,000	$337	46
711 Quanagh Ct	0.72mi	2/2.0 (-1)	1,248 (-7%)	5mo	$180,000	$144	45
142 43rd Way	0.44mi	2/2.0 (-1)	1,188 (-12%)	14mo	$369,000	$311	43
328 Southridge Dr	0.56mi	3/2.0	1,188 (-12%)	16mo	$330,000	$278	41
422 Sherwood Loop	0.66mi	3/2.0	1,520 (+13%)	18mo	$431,000	$284	32

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: 17.7%
• Equity multiple: 2.45×
• Total profit: $57,607
• Equity at exit: $127,925

10-year hold

• IRR: 16.7%
• Equity multiple: 5.69×
• Total profit: $186,659
• Equity at exit: $275,875

Cash invested: $39,760 (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 97439

• Home prices YoY: 2.5%
• Active inventory: 406
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,895 medium
• Mortgage (P&I): −$745
• Tax est. 1.5%: −$178 /mo · $2,130/yr
• Insurance: −$59
• HOA: −$834
• Vacancy / Maint / Mgmt: −$398
• Net cashflow: $-318

Break-even live

Break-even rent $2,298

Max offer price $95,944

Occupancy floor —

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: $35,500
• Closing costs: $4,260
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
485 Myeena Loop Florence, OR	2.0	2.0	1790	$1,895	$1.06	43d	1	0.88mi

HOA detail

• Monthly dues: $834 · $10,008/yr

Listing history 25 events

1. 2026-06-18
   days on market $142,000 Active 148 DOM
2. 2026-06-17
   days on market $142,000 Active 147 DOM
3. 2026-06-16
   days on market $142,000 Active 146 DOM
4. 2026-06-15
   days on market $142,000 Active 145 DOM
5. 2026-06-13
   days on market $142,000 Active 143 DOM
6. 2026-06-12
   pricedays on market $142,000 Active 142 DOM
7. 2026-06-09
   days on market $143,000 Active 139 DOM
8. 2026-06-08
   days on market $143,000 Active 138 DOM
9. 2026-06-08
   days on market $143,000 Active 137 DOM
10. 2026-06-07
    days on market $143,000 Active 136 DOM
11. 2026-06-04
    days on market $143,000 Active 133 DOM
12. 2026-06-02
    days on market $143,000 Active 132 DOM
13. 2026-06-01
    days on market $143,000 Active 131 DOM
14. 2026-05-31
    days on market $143,000 Active 130 DOM
15. 2026-05-10
    status Active 1822-char remark

    Show marketing remark (1822 chars)

    Your perfect coastal getaway! Live full time or part time in this beautifully updated and well-cared for home. No expense was spared and no detail overlooked in this charming, and lovingly remodeled double-wide manufactured home located in the welcoming 55+ community of Wayside Park. This inviting 3-bedroom, 2-bathroom home has been thoughtfully updated with a new mini-split system for efficient heating and cooling, new luxury vinyl plank flooring and PEX plumbing throughout, new insulation beneath the home, and new gutters for added peace of mind. Roof is in excellent condition. Soft natural light pours in through the south-facing front windows, creating a bright yet comfortable atmosphere in the kitchen and living areas. Throughout the home, hand-painted tongue-and-groove and shiplap walls add character, texture, and a truly cozy feeling, complementing the upgraded LED lighting. The layout offers both a relaxed living room and a warm family room—perfect for quiet mornings or hosting friends. The open kitchen is bright and welcoming, featuring ample counter space and an eat-in counter ideal for casual meals and conversation.The spacious primary bedroom serves as a peaceful retreat and includes an attached bathroom with dual vanities, offering comfort and convenience. Two additional bedrooms and a second full bathroom provide flexible space for guests, hobbies, or a home office. Step outside to enjoy the private covered deck, a fenced area for dogs, and a sweet grassy space perfect for relaxing outdoors. A large Tuff Shed for tools and storage is included, along with the added bonus of a second on-site parking space. This well cared for, move-in-ready home offers comfort, charm, and easy living. Shown by appointment only. Financing available from specific lenders for qualified buyers!

16. 2026-04-30
    status Pending 1822-char remark

    Show marketing remark (1822 chars)

    Your perfect coastal getaway! Live full time or part time in this beautifully updated and well-cared for home. No expense was spared and no detail overlooked in this charming, and lovingly remodeled double-wide manufactured home located in the welcoming 55+ community of Wayside Park. This inviting 3-bedroom, 2-bathroom home has been thoughtfully updated with a new mini-split system for efficient heating and cooling, new luxury vinyl plank flooring and PEX plumbing throughout, new insulation beneath the home, and new gutters for added peace of mind. Roof is in excellent condition. Soft natural light pours in through the south-facing front windows, creating a bright yet comfortable atmosphere in the kitchen and living areas. Throughout the home, hand-painted tongue-and-groove and shiplap walls add character, texture, and a truly cozy feeling, complementing the upgraded LED lighting. The layout offers both a relaxed living room and a warm family room—perfect for quiet mornings or hosting friends. The open kitchen is bright and welcoming, featuring ample counter space and an eat-in counter ideal for casual meals and conversation.The spacious primary bedroom serves as a peaceful retreat and includes an attached bathroom with dual vanities, offering comfort and convenience. Two additional bedrooms and a second full bathroom provide flexible space for guests, hobbies, or a home office. Step outside to enjoy the private covered deck, a fenced area for dogs, and a sweet grassy space perfect for relaxing outdoors. A large Tuff Shed for tools and storage is included, along with the added bonus of a second on-site parking space. This well cared for, move-in-ready home offers comfort, charm, and easy living. Shown by appointment only. Financing available from specific lenders for qualified buyers!

17. 2026-04-21
    price $143,000 1822-char remark

    Show marketing remark (1822 chars)

    Your perfect coastal getaway! Live full time or part time in this beautifully updated and well-cared for home. No expense was spared and no detail overlooked in this charming, and lovingly remodeled double-wide manufactured home located in the welcoming 55+ community of Wayside Park. This inviting 3-bedroom, 2-bathroom home has been thoughtfully updated with a new mini-split system for efficient heating and cooling, new luxury vinyl plank flooring and PEX plumbing throughout, new insulation beneath the home, and new gutters for added peace of mind. Roof is in excellent condition. Soft natural light pours in through the south-facing front windows, creating a bright yet comfortable atmosphere in the kitchen and living areas. Throughout the home, hand-painted tongue-and-groove and shiplap walls add character, texture, and a truly cozy feeling, complementing the upgraded LED lighting. The layout offers both a relaxed living room and a warm family room—perfect for quiet mornings or hosting friends. The open kitchen is bright and welcoming, featuring ample counter space and an eat-in counter ideal for casual meals and conversation.The spacious primary bedroom serves as a peaceful retreat and includes an attached bathroom with dual vanities, offering comfort and convenience. Two additional bedrooms and a second full bathroom provide flexible space for guests, hobbies, or a home office. Step outside to enjoy the private covered deck, a fenced area for dogs, and a sweet grassy space perfect for relaxing outdoors. A large Tuff Shed for tools and storage is included, along with the added bonus of a second on-site parking space. This well cared for, move-in-ready home offers comfort, charm, and easy living. Shown by appointment only. Financing available from specific lenders for qualified buyers!

18. 2026-02-23
    price $147,000 1822-char remark

    Show marketing remark (1822 chars)

    Your perfect coastal getaway! Live full time or part time in this beautifully updated and well-cared for home. No expense was spared and no detail overlooked in this charming, and lovingly remodeled double-wide manufactured home located in the welcoming 55+ community of Wayside Park. This inviting 3-bedroom, 2-bathroom home has been thoughtfully updated with a new mini-split system for efficient heating and cooling, new luxury vinyl plank flooring and PEX plumbing throughout, new insulation beneath the home, and new gutters for added peace of mind. Roof is in excellent condition. Soft natural light pours in through the south-facing front windows, creating a bright yet comfortable atmosphere in the kitchen and living areas. Throughout the home, hand-painted tongue-and-groove and shiplap walls add character, texture, and a truly cozy feeling, complementing the upgraded LED lighting. The layout offers both a relaxed living room and a warm family room—perfect for quiet mornings or hosting friends. The open kitchen is bright and welcoming, featuring ample counter space and an eat-in counter ideal for casual meals and conversation.The spacious primary bedroom serves as a peaceful retreat and includes an attached bathroom with dual vanities, offering comfort and convenience. Two additional bedrooms and a second full bathroom provide flexible space for guests, hobbies, or a home office. Step outside to enjoy the private covered deck, a fenced area for dogs, and a sweet grassy space perfect for relaxing outdoors. A large Tuff Shed for tools and storage is included, along with the added bonus of a second on-site parking space. This well cared for, move-in-ready home offers comfort, charm, and easy living. Shown by appointment only. Financing available from specific lenders for qualified buyers!

19. 2026-01-10
    listed $149,000 Active 1822-char remark

    Show marketing remark (1822 chars)

    Your perfect coastal getaway! Live full time or part time in this beautifully updated and well-cared for home. No expense was spared and no detail overlooked in this charming, and lovingly remodeled double-wide manufactured home located in the welcoming 55+ community of Wayside Park. This inviting 3-bedroom, 2-bathroom home has been thoughtfully updated with a new mini-split system for efficient heating and cooling, new luxury vinyl plank flooring and PEX plumbing throughout, new insulation beneath the home, and new gutters for added peace of mind. Roof is in excellent condition. Soft natural light pours in through the south-facing front windows, creating a bright yet comfortable atmosphere in the kitchen and living areas. Throughout the home, hand-painted tongue-and-groove and shiplap walls add character, texture, and a truly cozy feeling, complementing the upgraded LED lighting. The layout offers both a relaxed living room and a warm family room—perfect for quiet mornings or hosting friends. The open kitchen is bright and welcoming, featuring ample counter space and an eat-in counter ideal for casual meals and conversation.The spacious primary bedroom serves as a peaceful retreat and includes an attached bathroom with dual vanities, offering comfort and convenience. Two additional bedrooms and a second full bathroom provide flexible space for guests, hobbies, or a home office. Step outside to enjoy the private covered deck, a fenced area for dogs, and a sweet grassy space perfect for relaxing outdoors. A large Tuff Shed for tools and storage is included, along with the added bonus of a second on-site parking space. This well cared for, move-in-ready home offers comfort, charm, and easy living. Shown by appointment only. Financing available from specific lenders for qualified buyers!

20. 2021-03-17
    soldstatus $62,000 Sold 381-char remark

    Show marketing remark (381 chars)

    Large, fully furnished home in B&E Park. This home boasts 1344 sq ft with 3 bedrooms, 2 bathrooms, inside laundry room, family and living rooms, dining just off kitchen and upgrades throughout. Enjoy the covered patio and private backyard with tool shed to tinker in. Park pays water, sewer, cable and trash. In a 55 plus aged park. No land included in sale. Come see it today!

21. 2021-02-11
    status Pending 381-char remark

    Show marketing remark (381 chars)

    Large, fully furnished home in B&E Park. This home boasts 1344 sq ft with 3 bedrooms, 2 bathrooms, inside laundry room, family and living rooms, dining just off kitchen and upgrades throughout. Enjoy the covered patio and private backyard with tool shed to tinker in. Park pays water, sewer, cable and trash. In a 55 plus aged park. No land included in sale. Come see it today!

22. 2021-02-10
    listed $62,000 Active 381-char remark

    Show marketing remark (381 chars)

    Large, fully furnished home in B&E Park. This home boasts 1344 sq ft with 3 bedrooms, 2 bathrooms, inside laundry room, family and living rooms, dining just off kitchen and upgrades throughout. Enjoy the covered patio and private backyard with tool shed to tinker in. Park pays water, sewer, cable and trash. In a 55 plus aged park. No land included in sale. Come see it today!

23. 2014-04-15
    soldstatus $28,000 Sold
24. 2014-03-31
    status Pending
25. 2014-03-18
    listed $29,500 Active

ⓘ 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 ≥75°F today · 20 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: $22,740
• − Mortgage interest: −$7,954
• − Property taxes: −$2,130
• − Insurance: −$710
• − Repairs & maintenance: −$1,819
• − Management: −$1,819
• − HOA: −$10,008
• − Depreciation: −$4,131
• Taxable loss: −$5,832
• Est. tax savings @ 24.0%: +$1,400
• After-tax cash flow: $-2,420/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: Siuslaw SD 97J
• NCES district ID: 4105100
• Math proficiency: 33% ▼ -3.00%
• Reading proficiency: 50% ▼ -2.00%
• Median HH income: $36,892
• Composite: 36.82/100
• National rank: #9169
• State rank: #106 of 183 in OR

Livability — Florence

• Score: 70/100
• State rank: #142
• US rank: #8094

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Florence, OR
• Population (ZIP): 15,643

Population outlook (Lane County) Hauer SSP2

• Today (2025): 391,933 people
• By 2030: 405,860 · +3.6%
• By 2040: 429,386 · +9.6%
• By 2050: 452,016 · +15.3%
• By 2075: 508,825 · +29.8%
• By 2100: 531,208 · +35.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 5% Two or more races 5% Asian 2% Black 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Lithuanian 4% Portuguese 3% Slovak 3%
• Foreign-born: 5% · Canada, China
• Languages at home: 96% English-only · Spanish 1% German/W. Germanic 1% Other Asian/Pacific 1%

Political lean MEDSL · Lane

• 2024 margin: Strong D (+23.1) · D 60.0% · R 36.9% · Other 3.1%
• 2008→2024 swing: -4.3pp toward R · 2008: 27.4pp · 2024: 23.1pp
• All cycles: 2024: D+23.1 2020: D+24.3 2016: D+18.9 2012: D+23.4 2008: D+27.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 17.79%
• Current HPI: 717.84
• 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

+384.7% since first listed

11 events — show timeline

• 2026-05-10 Relisted — RMLS
• 2026-04-30 Pending — RMLS
• 2026-04-21 Price Changed $143,000 RMLS
• 2026-02-23 Price Changed $147,000 RMLS
• 2026-01-10 Listed $149,000 RMLS
• 2021-03-17 Sold (MLS) $62,000 RMLS
• 2021-02-11 Pending — RMLS
• 2021-02-10 Listed $62,000 RMLS
• 2014-04-15 Sold (MLS) $28,000 RMLS
• 2014-03-31 Pending — RMLS
• 2014-03-18 Listed $29,500 RMLS

Property tax history

-3.2%/yr

Latest (2025): $247 · +2.9% YoY. Source: county tax records.