Welcome to Summer Place, Madras's newest gated 55+ manufactured home community, offering comfort, security, and low-maintenance living just minutes from downtown, medical services, shopping, and local dining. This brand-new 3-bedroom, 2-bath home features 1,023 sq ft of thoughtfully designed space with an open, functional floor plan ideal for full-time living or a seasonal retreat. Exterior highlights include pearl gray paint, slate tile trim. Inside, bright neutral tones create a warm and inviting atmosphere. The kitchen offers knotty cabinets, plenty of counter space and stainless steel appliances, built-in microwave, and dishwasher. Flooring includes durable vinyl in main areas with comfortable carpet in the bedrooms and living room. Enjoy relaxing on the 6-ft front porch, plus the convenience of a 1-car attached garage and paved double-wide driveway. Space rent ranges $595-$659/m. more models available.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $159,000 · $40,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $1,602 ($1,450–$1,850) · HUD Fair Market Rent (FY2025), Jefferson County, 3BR. Edit to your own number.
At $199,000 with 20% down, this property runs $67 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
Listing courtesy of EXIT Realty Bend, agent Juana Beede, 541-306-7455
Data last updated August 3, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
