1417 Wilson Rd · Cocoa West, FL 32922

$248,000

4 bd · 3.0 ba · 1,644 sqft · MultiFamily public records · 78 Days on market

Built 1958 7,841 sqft lot

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Why this score? — see what drove the C 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 +24.3/30.0
• DSCR +7.8/10.0
• ARV discount +7.5/15.0
• 1% rule +5.8/10.0
• Schools +4.7/10.0
• Rent growth +3.5/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Wow! Tucked away on a quiet dead-end street and this truly one-of-a-kind duplex offers incredible versatility. Ideal for an owner-occupant or investor--live in one unit while renting out the other to help offset your mortgage. The front unit features 2 bedrooms and 1 bathroom with a cozy feel and a screened-in porch, while the rear unit offers 2 bedrooms and 1 bathroom with a private white vinyl fenced entry--4 bedrooms and 2 bathrooms total. The sale includes two adjacent lots totaling 0.30 acres: the main parcel at 1417 Wilson Rd (. 18 acres) where the duplex sits, plus the adjacent buildable lot (BCPAO #2422092), measuring 50' x 105', that is . 12 acres, offering added space and future potential. There is also a 379 sq ft workshop. Conveniently located near SR-520, I-95, and US-1, with public transportation nearby and easy access to shopping and dining. There is some newer properties in the 32922 area code. Schedule your showing today!

Key facts

• Screened-in porch
• Buildable lot
• Two adjacent lots

Tags

• QUIET DEAD-END STREET
• SCREENED-IN PORCH
• TWO ADJACENT LOTS
• BUILDABLE LOT
• 379 SQ FT WORKSHOP

Property features AI

Finance

• Other: Currently used as multi-family residential; 2 total units on the property
• Financial info: Owner pays electricity; Owner pays water

Exterior

• Parking: 4 total parking spaces; Assigned parking; Off-street parking
• Utilities: Septic tank; Cable available; Electricity connected; Water connected
• Home design: Duplex; Faces north; Entry level: 1
• Construction: 1 building; Concrete and frame construction; Other roof
• Exterior features: Vinyl fencing; Dead-end street lot; Paved road access

Interior

• Kitchen: Electric range; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Has heating (type: Other); Has cooling (type: Other)
• Interior features: In-unit laundry; Unfurnished; Carpet and laminate flooring
• Laundry & utility: In-unit laundry

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/1.0-bath units multifamily listed at $248k.

Deal economics

• At list price, monthly cash flow is $499 ($6k/yr) — positive. Per door: $250/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $248k).
• Recommended offer: $233k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 69/100 on livability (#481 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: amenities F, commute F, employment F.
• Brevard (suburban): math 53% / reading 57% proficiency, ranked #19 of 73 in FL (top 26%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Endeavour Elementary School (math 15% / reading 20%, grade F, #2,117 of 2,144 statewide, top 99%, 717 students, 72% FRL); Cocoa High School (math 21% / reading 27%, grade F, #529 of 667 statewide, top 80%, 1,551 students, 73% FRL) — zoned schools average 72% FRL vs 43% district-wide (30 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 21% at this address vs 55% district-wide (-34 pts) — the specific schools serving this property underperform the Brevard average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising fast (+4.1%/yr); 167 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
• At $2,685/mo this rent would consume 72% of the median local household income ($44k/yr) (locally 1007% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Brevard County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 78 days — a 6% lower offer ($233k) is reasonable based on typical stale-listing flexibility.
• 5 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 $16k; list at $248k implies a 1450% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $233,120 (6.0% below list)

Questions for the listing agent

1. It's been on market 78 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.08% ✓
• Cap rate: 8.71%
• Cash-on-cash: 8.63%
• DSCR: 1.38
• GRM: 7.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.13% rent growth · sell at horizon

5-year hold

• IRR: -2.0%
• Equity multiple: 0.92×
• Total profit: $-5,318
• Equity at exit: $36,978

10-year hold

• IRR: 8.8%
• Equity multiple: 1.71×
• Total profit: $49,212
• Equity at exit: $21,443

Cash invested: $69,440 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32922

• Home prices YoY: -20.3%
• Rents YoY: 4.1%
• Active inventory: 167
• Price-to-rent: 15.4×

Monthly cashflow live

• Estimated rent: $2,685 high
• Mortgage (P&I): −$1,301
• Tax from tax record: −$218 /mo · $2,616/yr
• Insurance: −$103
• HOA: −$0
• Vacancy / Maint / Mgmt: −$564
• Net cashflow: $499

Break-even live

Break-even rent $2,053

Max offer price $248,000

Occupancy floor 76%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$2,686
Total (2 units)			$2,685

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: $62,000
• Closing costs: $7,440
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1105 Myrtle Ln Cocoa, FL	3.0	1.5	1232	$1,800	$1.46	14d	1	0.55mi
420 N Fiske Blvd Cocoa, FL	3.0	1.5	1382	$1,695	$1.23	23d	1	0.61mi
1515 Peachtree St Cocoa, FL	3.0	2.0	1056	$1,475	$1.40	23d	1	0.62mi
305 Prospect Ave Cocoa, FL	3.0	1.0	1180	$1,595	$1.35	23d	1	0.75mi
305 Edinburgh Dr Cocoa, FL	3.0	1.5	1280	$1,750	$1.37	23d	1	0.79mi
1202 Princeton Rd Cocoa, FL	3.0	2.0	1473	$2,150	$1.46	23d	1	1.06mi
1607 Amalfi Dr Cocoa, FL	3.0–4.0	2.0	1750	$2,619	$1.50	14d	5	1.16mi
305 Laredo Dr Cocoa, FL	1.0–3.0	1.0–2.0	1481	$2,319	$1.57	14d	28	1.28mi
1105 Santa Rosa Dr Rockledge, FL	3.0	2.0	1096	$2,000	$1.82	23d	1	1.42mi
944 Kentucky Ave Rockledge, FL	3.0	2.0	1236	$1,945	$1.57	19d	1	1.49mi

Listing history 26 events

1. 2026-06-18
   days on market $248,000 Active 78 DOM
2. 2026-06-17
   days on market $248,000 Active 77 DOM
3. 2026-06-16
   pricedays on market $248,000 Active 76 DOM
4. 2026-06-15
   days on market $254,000 Active 75 DOM
5. 2026-06-14
   days on market $254,000 Active 73 DOM
6. 2026-06-10
   days on market $254,000 Active 70 DOM
7. 2026-06-08
   days on market $254,000 Active 68 DOM
8. 2026-06-07
   days on market $254,000 Active 67 DOM
9. 2026-06-05
   days on market $254,000 Active 64 DOM
10. 2026-06-03
    days on market $254,000 Active 63 DOM
11. 2026-06-01
    days on market $254,000 Active 62 DOM
12. 2026-05-31
    days on market $254,000 Active 61 DOM
13. 2026-05-31
    days on market $254,000 Active 60 DOM
14. 2026-05-04
    price $254,000
15. 2026-03-31
    listed $259,000 Active
16. 2026-03-03
    historical 952-char remark

    Show marketing remark (952 chars)

    Wow! Tucked away on a quiet dead-end street and this truly one-of-a-kind duplex offers incredible versatility. Ideal for an owner-occupant or investor--live in one unit while renting out the other to help offset your mortgage. The front unit features 2 bedrooms and 1 bathroom with a cozy feel and a screened-in porch, while the rear unit offers 2 bedrooms and 1 bathroom with a private white vinyl fenced entry--4 bedrooms and 2 bathrooms total. The sale includes two adjacent lots totaling 0.30 acres: the main parcel at 1417 Wilson Rd (. 18 acres) where the duplex sits, plus the adjacent buildable lot (BCPAO #2422092), measuring 50' x 105', that is . 12 acres, offering added space and future potential. There is also a 379 sq ft workshop. Conveniently located near SR-520, I-95, and US-1, with public transportation nearby and easy access to shopping and dining. There is some newer properties in the 32922 area code. Schedule your showing today!

17. 2025-12-07
    status Active 952-char remark

    Show marketing remark (952 chars)

    Wow! Tucked away on a quiet dead-end street and this truly one-of-a-kind duplex offers incredible versatility. Ideal for an owner-occupant or investor--live in one unit while renting out the other to help offset your mortgage. The front unit features 2 bedrooms and 1 bathroom with a cozy feel and a screened-in porch, while the rear unit offers 2 bedrooms and 1 bathroom with a private white vinyl fenced entry--4 bedrooms and 2 bathrooms total. The sale includes two adjacent lots totaling 0.30 acres: the main parcel at 1417 Wilson Rd (. 18 acres) where the duplex sits, plus the adjacent buildable lot (BCPAO #2422092), measuring 50' x 105', that is . 12 acres, offering added space and future potential. There is also a 379 sq ft workshop. Conveniently located near SR-520, I-95, and US-1, with public transportation nearby and easy access to shopping and dining. There is some newer properties in the 32922 area code. Schedule your showing today!

18. 2025-11-29
    historical 952-char remark

    Show marketing remark (952 chars)

    Wow! Tucked away on a quiet dead-end street and this truly one-of-a-kind duplex offers incredible versatility. Ideal for an owner-occupant or investor--live in one unit while renting out the other to help offset your mortgage. The front unit features 2 bedrooms and 1 bathroom with a cozy feel and a screened-in porch, while the rear unit offers 2 bedrooms and 1 bathroom with a private white vinyl fenced entry--4 bedrooms and 2 bathrooms total. The sale includes two adjacent lots totaling 0.30 acres: the main parcel at 1417 Wilson Rd (. 18 acres) where the duplex sits, plus the adjacent buildable lot (BCPAO #2422092), measuring 50' x 105', that is . 12 acres, offering added space and future potential. There is also a 379 sq ft workshop. Conveniently located near SR-520, I-95, and US-1, with public transportation nearby and easy access to shopping and dining. There is some newer properties in the 32922 area code. Schedule your showing today!

19. 2025-11-25
    listed $289,000 Active 952-char remark

    Show marketing remark (952 chars)

    Wow! Tucked away on a quiet dead-end street and this truly one-of-a-kind duplex offers incredible versatility. Ideal for an owner-occupant or investor--live in one unit while renting out the other to help offset your mortgage. The front unit features 2 bedrooms and 1 bathroom with a cozy feel and a screened-in porch, while the rear unit offers 2 bedrooms and 1 bathroom with a private white vinyl fenced entry--4 bedrooms and 2 bathrooms total. The sale includes two adjacent lots totaling 0.30 acres: the main parcel at 1417 Wilson Rd (. 18 acres) where the duplex sits, plus the adjacent buildable lot (BCPAO #2422092), measuring 50' x 105', that is . 12 acres, offering added space and future potential. There is also a 379 sq ft workshop. Conveniently located near SR-520, I-95, and US-1, with public transportation nearby and easy access to shopping and dining. There is some newer properties in the 32922 area code. Schedule your showing today!

20. 2016-08-16
    historical 445-char remark

    Show marketing remark (445 chars)

    Duplex For Sale. One half is rented for $800 per month until June 2015. Rent the other half or live there free and collect rent. Also great for taking care of elderly, giving them some independent freedom with their own space yet being next door for assistance when needed. There is a 400sf garage/workshop. The water and power are on one meter. The sale includes another 50x105 lot to the west tax acct 2422092. This property is in the County.

21. 2014-10-15
    listed $114,900 445-char remark

    Show marketing remark (445 chars)

    Duplex For Sale. One half is rented for $800 per month until June 2015. Rent the other half or live there free and collect rent. Also great for taking care of elderly, giving them some independent freedom with their own space yet being next door for assistance when needed. There is a 400sf garage/workshop. The water and power are on one meter. The sale includes another 50x105 lot to the west tax acct 2422092. This property is in the County.

22. 2014-05-09
    historical
23. 2014-02-10
    listed $129,000
24. 1997-07-28
    soldstatus $16,000
25. 1979-10-01
    soldstatus $29,500
26. 1972-07-26
    soldstatus $10,000

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

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $2,616 · $218/mo
• Projected year-2 tax: $2,616 · $218/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 22 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,220
• − Mortgage interest: −$13,892
• − Property taxes: −$2,616
• − Insurance: −$1,240
• − Repairs & maintenance: −$2,578
• − Management: −$2,578
• − Depreciation: −$7,215
• Taxable income: $2,102
• Est. tax owed @ 24.0%: −$505
• After-tax cash flow: $5,487/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: Brevard
• NCES district ID: 1200150
• Math proficiency: 53% ▼ -9.00%
• Reading proficiency: 57% ▼ -4.00%
• Median HH income: $49,426
• Composite: 46.86/100
• National rank: #2370
• State rank: #19 of 73 in FL

Livability — Cocoa West

• Score: 69/100
• State rank: #481
• US rank: #8792

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cocoa West, FL
• County: Brevard County · 602,871 people
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 14,700
• Household income: $44,469
• Rent vs Own: 47.8% rent · 52.2% own
• Severe rent burden: 1007.0

Population outlook (Brevard County) Hauer SSP2

• Today (2025): 623,254 people
• By 2030: 648,420 · +4.0%
• By 2040: 690,009 · +10.7%
• By 2050: 715,669 · +14.8%
• By 2075: 775,744 · +24.5%
• By 2100: 776,687 · +24.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: White 45% Black 29% Hispanic / Latino 21% Two or more races 12%
• Hispanic origin (detail): Mexican 10% Puerto Rican 1% Cuban 4%
• Common ancestry: Slovak 2% Romanian 2% Lithuanian 1%
• Foreign-born: 14% · Canada
• Languages at home: 81% English-only · Spanish 16% German/W. Germanic 2%

Political lean MEDSL · Brevard

• 2024 margin: Strong R (+20.8) · D 39.1% · R 59.9% · Other 1.0%
• 2008→2024 swing: -10.4pp toward R · 2008: -10.4pp · 2024: -20.8pp
• All cycles: 2024: R+20.8 2020: R+16.4 2016: R+19.8 2012: R+12.7 2008: R+10.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.95%
• Current HPI: 271.1139
• Rent YoY: ▲ 4.13%
• Metro: Palm Bay-Melbourne-Titusville, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+2440.0% since first listed

13 events — show timeline

• 2026-05-04 Price Changed $254,000 SCMLS
• 2026-03-31 Listed $259,000 SCMLS
• 2026-03-03 Listing Removed — SCMLS
• 2025-12-07 Relisted — SCMLS
• 2025-11-29 Listing Removed — SCMLS
• 2025-11-25 Listed $289,000 SCMLS
• 2016-08-16 Listing Removed — SCMLS
• 2014-10-15 Listed $114,900 SCMLS
• 2014-05-09 Listing Removed — SCMLS
• 2014-02-10 Listed $129,000 SCMLS
• 1997-07-28 Sold (Public Records) $16,000 Public Records
• 1979-10-01 Sold (Public Records) $29,500 Public Records
• 1972-07-26 Sold (Public Records) $10,000 Public Records

Property tax history

+6.0%/yr

Latest (2025): $2,616 · +10.1% YoY. Source: county tax records.