1315 Kayford St NW · Palm Bay, FL 32907

$265,000

4 bd · 2.0 ba · 1,468 sqft · SingleFamily public records · 76 Days on market

Built 1986 10,019 sqft lot

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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 +12.7/30.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• DSCR +3.8/10.0
• Livability +3.6/5.0
• 1% rule +3.3/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for a centrally located MOVE IN READY home? This is the one! Boasting over 1400sqft, this 3 bed 2 bath home aims to please! With its multitude of upgrades including, granite countertops, stainless steel appliances, elegant wood cabinets, beautiful wood laminate floors through out, and updated tile in the bathrooms. All the bedrooms in the home are a pleasant size, so each person has their own space. Need an office, playroom, or maybe even a theater room? This house has you covered. With a oversized bonus room you can do as you please. As you enter the back yard, you will find an ample size insulated screened back porch and completely fenced in back yard. Make an appointment today as this home will not last!

Key facts

• No hoa restrictions
• Back patio
• 0.23 acre lot

Tags

• NO HOA RESTRICTIONS
• FULLY FENCED BACKYARD
• BACK PATIO
• SHORT DRIVE FROM BEACHES

Property features AI

Exterior

• Parking: On-street parking; Other parking
• Utilities: Septic tank; Cable available; Electricity connected; Water available
• Home design: Single family residence; One story; South-facing
• Construction: Frame construction; Shingle roof
• Exterior features: Rear porch; Screened porch; City street frontage; Paved road access; Lot features: Other

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 4 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Primary bathroom with shower (no tub); Split bedroom floorplan; Walk-in closets
• Laundry & utility: Unfurnished (no washer/dryer included)

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $265k.

Deal economics

• At list price, monthly cash flow is $-31 ($-369/yr) — negative.
• To cash-flow at today's rent, offer at most $260k (2.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $219k (17.4% below list).
• Recommended offer: $219k (17.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 72/100 on livability (#366 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, amenities F, health & safety D-.
• 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: Discovery Elementary School (math 45% / reading 49%, grade D-, #1,191 of 2,144 statewide, top 57%, 641 students, 69% FRL); Central Middle School (math 50% / reading 48%, grade C-, #265 of 571 statewide, top 48%, 1,127 students, 53% FRL); Heritage High School (math 30% / reading 44%, grade F, #340 of 667 statewide, top 52%, 2,007 students, 62% FRL) — zoned schools average 61% FRL vs 43% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents flat; 739 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
• This rent runs 35% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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 76 days — a 6% lower offer ($249k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 7y ago; this cycle's ask has dropped $45k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $218,846 (17.4% 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 76 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
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: 0.83% ✗
• Cap rate: 6.15%
• Cash-on-cash: -0.50%
• DSCR: 0.98
• GRM: 10.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.93% rent growth · sell at horizon

5-year hold

• IRR: -19.4%
• Equity multiple: 0.33×
• Total profit: $-49,375
• Equity at exit: $39,512

10-year hold

• IRR: -16.9%
• Equity multiple: 0.15×
• Total profit: $-63,140
• Equity at exit: $22,912

Cash invested: $74,200 (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 32907

• Home prices YoY: -10.1%
• Rents YoY: 0.9%
• Active inventory: 739
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $2,188 high
• Mortgage (P&I): −$1,390
• Tax from tax record: −$260 /mo · $3,114/yr
• Insurance: −$110
• HOA: −$0
• Vacancy / Maint / Mgmt: −$460
• Net cashflow: $-31

Break-even live

Break-even rent $2,227

Max offer price $259,573

Occupancy floor 96%

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: $66,250
• Closing costs: $7,950
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1337 Helvenston St NW Palm Bay, FL	3.0	2.0	1816	$1,900	$1.05	23d	1	0.30mi
1197 Gallatin Ave NW Palm Bay, FL	3.0	2.0	1734	$1,965	$1.13	18d	1	0.41mi
1100 Ipswich St NW Palm Bay, FL	4.0	2.0	1585	$2,295	$1.45	14d	1	0.47mi
1021 Locust Ave NW Palm Bay, FL	4.0	2.0	1724	$2,046	$1.19	13d	1	0.50mi
1492 Glencove Ave NW Palm Bay, FL	3.0	2.0	1679	$1,800	$1.07	23d	1	0.51mi
1483 Jasper Ave NW Palm Bay, FL	3.0	2.0	1644	$1,800	$1.09	14d	1	0.54mi
1147 Jericho Ave NW Palm Bay, FL	3.0	2.0	1352	$1,700	$1.26	23d	1	0.54mi
1560 Gardenton St NW Palm Bay, FL	4.0	2.0	1828	$2,200	$1.20	23d	1	0.56mi
916 Spring St NW Palm Bay, FL	3.0	2.0	1494	$1,800	$1.20	23d	1	0.59mi
237 Emerson Dr NW Palm Bay, FL	3.0	2.0	1501	$1,850	$1.23	14d	1	0.80mi
838 Gillen Ave NW Palm Bay, FL	3.0	2.0	1416	$1,900	$1.34	14d	1	0.84mi
1743 Fairlight St NW Palm Bay, FL	4.0	2.0	1860	$2,250	$1.21	23d	1	0.93mi
1405 Pace Dr NW Palm Bay, FL	4.0	2.0	1830	$2,500	$1.37	18d	1	0.96mi
1614 Earlham Ave NW Palm Bay, FL	3.0	2.0	1188	$1,750	$1.47	23d	1	0.98mi
1460 Cass Ave NW Palm Bay, FL	3.0	2.0	1254	$1,765	$1.41	23d	1	1.08mi
278 Emerson Dr NW Palm Bay, FL	4.0	2.0	1650	$1,995	$1.21	23d	1	1.12mi
1649 Cains Ave NW Palm Bay, FL	3.0	2.0	1294	$2,000	$1.55	23d	1	1.23mi
983 Pyracantha St NW Palm Bay, FL	4.0	2.0	1659	$1,999	$1.20	23d	1	1.33mi
874 Altona St NW Palm Bay, FL	3.0	2.0	1488	$1,955	$1.31	23d	1	1.35mi
866 Hanau Ave NW Palm Bay, FL	3.0	2.0	1552	$1,900	$1.22	23d	1	1.36mi
496 Iroquois Ave NW Palm Bay, FL	3.0	2.0	1128	$1,950	$1.73	23d	1	1.40mi
890 Serenade St NW Palm Bay, FL	3.0	2.0	901	$1,850	$2.05	23d	1	1.41mi
673 Bremerhaven St NW Palm Bay, FL	4.0	2.0	1828	$2,400	$1.31	14d	1	1.46mi

Listing history 24 events

1. 2026-06-18
   days on market $265,000 Active 76 DOM
2. 2026-06-17
   pricedays on market $265,000 Active 75 DOM
3. 2026-06-16
   days on market $299,000 Active 74 DOM
4. 2026-06-15
   days on market $299,000 Active 73 DOM
5. 2026-06-14
   days on market $299,000 Active 71 DOM
6. 2026-06-10
   days on market $299,000 Active 68 DOM
7. 2026-06-08
   days on market $299,000 Active 66 DOM
8. 2026-06-07
   days on market $299,000 Active 65 DOM
9. 2026-06-05
   days on market $299,000 Active 62 DOM
10. 2026-06-03
    days on market $299,000 Active 61 DOM
11. 2026-06-02
    days on market $299,000 Active 60 DOM
12. 2026-06-01
    days on market $299,000 Active 59 DOM
13. 2026-05-31
    days on market $299,000 Active 58 DOM
14. 2026-05-31
    days on market $299,000 Active 57 DOM
15. 2026-04-20
    price $299,000
16. 2026-04-03
    listed $310,000 Active
17. 2022-11-08
    soldstatus $235,000
18. 2020-10-01
    soldstatus $185,000
19. 2020-09-29
    soldstatus $185,000 Closed 724-char remark

    Show marketing remark (724 chars)

    Looking for a centrally located MOVE IN READY home? This is the one! Boasting over 1400sqft, this 3 bed 2 bath home aims to please! With its multitude of upgrades including, granite countertops, stainless steel appliances, elegant wood cabinets, beautiful wood laminate floors through out, and updated tile in the bathrooms. All the bedrooms in the home are a pleasant size, so each person has their own space. Need an office, playroom, or maybe even a theater room? This house has you covered. With a oversized bonus room you can do as you please. As you enter the back yard, you will find an ample size insulated screened back porch and completely fenced in back yard. Make an appointment today as this home will not last!

20. 2020-08-26
    historical Backups 724-char remark

    Show marketing remark (724 chars)

    Looking for a centrally located MOVE IN READY home? This is the one! Boasting over 1400sqft, this 3 bed 2 bath home aims to please! With its multitude of upgrades including, granite countertops, stainless steel appliances, elegant wood cabinets, beautiful wood laminate floors through out, and updated tile in the bathrooms. All the bedrooms in the home are a pleasant size, so each person has their own space. Need an office, playroom, or maybe even a theater room? This house has you covered. With a oversized bonus room you can do as you please. As you enter the back yard, you will find an ample size insulated screened back porch and completely fenced in back yard. Make an appointment today as this home will not last!

21. 2020-08-18
    listed $187,000 Active 724-char remark

    Show marketing remark (724 chars)

    Looking for a centrally located MOVE IN READY home? This is the one! Boasting over 1400sqft, this 3 bed 2 bath home aims to please! With its multitude of upgrades including, granite countertops, stainless steel appliances, elegant wood cabinets, beautiful wood laminate floors through out, and updated tile in the bathrooms. All the bedrooms in the home are a pleasant size, so each person has their own space. Need an office, playroom, or maybe even a theater room? This house has you covered. With a oversized bonus room you can do as you please. As you enter the back yard, you will find an ample size insulated screened back porch and completely fenced in back yard. Make an appointment today as this home will not last!

22. 2019-03-26
    soldstatus $170,000
23. 2019-03-20
    soldstatus $170,000 796-char remark

    Show marketing remark (796 chars)

    Looking to move ? This Beautiful home is ready to go! 3 bed 2 bath split floor plan with high ceilings and a list of upgrades including a stunning kitchen with a breakfast bar, wood cabinets, granite counter tops and stainless appliances. Both bathrooms have been upgraded with tile enclosures. Laminate wood floors throughout the home. Additional Large Bonus room for entertaining family and friends. Master Bedroom features walk in closet and backyard view. Back porch has an insulated roof with screened enclosure leading out to a spacious backyard. Out back you can enjoy an elevated deck next to a 20' above ground private pool and 2 storage sheds. Fenced in backyard with double swing gates. Property to the rear is wooded/City owned. This is a must see!! Close to shopping, dining, beaches

24. 2019-02-18
    listed $164,999 796-char remark

    Show marketing remark (796 chars)

    Looking to move ? This Beautiful home is ready to go! 3 bed 2 bath split floor plan with high ceilings and a list of upgrades including a stunning kitchen with a breakfast bar, wood cabinets, granite counter tops and stainless appliances. Both bathrooms have been upgraded with tile enclosures. Laminate wood floors throughout the home. Additional Large Bonus room for entertaining family and friends. Master Bedroom features walk in closet and backyard view. Back porch has an insulated roof with screened enclosure leading out to a spacious backyard. Out back you can enjoy an elevated deck next to a 20' above ground private pool and 2 storage sheds. Fenced in backyard with double swing gates. Property to the rear is wooded/City owned. This is a must see!! Close to shopping, dining, beaches

ⓘ 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: $3,114 · $260/mo
• Projected year-2 tax: $3,114 · $260/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 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 20 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: $26,262
• − Mortgage interest: −$14,844
• − Property taxes: −$3,114
• − Insurance: −$1,325
• − Repairs & maintenance: −$2,101
• − Management: −$2,101
• − Depreciation: −$7,709
• Taxable loss: −$4,933
• Est. tax savings @ 24.0%: +$1,184
• After-tax cash flow: $815/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 — Palm Bay

• Score: 72/100
• State rank: #366
• US rank: #6458

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Bay, FL
• County: Brevard County · 602,871 people
• City population: 132,211
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 49,080
• Household income: $75,311
• Rent vs Own: 13.3% rent · 86.7% own
• Severe rent burden: 702.0

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 0.62)
• Race & ethnicity: White 56% Hispanic / Latino 21% Black 15% Two or more races 14% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 9% Cuban 2% Dominican 3%
• Common ancestry: Romanian 2% Lithuanian 2% Hispanic 2%
• Foreign-born: 16% · Canada, Jamaica
• Languages at home: 77% English-only · Spanish 17% French/Haitian/Cajun 2% Other Indo-European 1%

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: ▼ -34.79%
• Current HPI: 308.9719
• Rent YoY: ▲ 0.93%
• 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

+81.2% since first listed

10 events — show timeline

• 2026-04-20 Price Changed $299,000 SCMLS
• 2026-04-03 Listed $310,000 SCMLS
• 2022-11-08 Sold (Public Records) $235,000 Public Records
• 2020-10-01 Sold (Public Records) $185,000 Public Records
• 2020-09-29 Sold (MLS) $185,000 SCMLS
• 2020-08-26 Contingent — SCMLS
• 2020-08-18 Listed $187,000 SCMLS
• 2019-03-26 Sold (Public Records) $170,000 Public Records
• 2019-03-20 Sold (MLS) $170,000 SCMLS
• 2019-02-18 Listed $164,999 SCMLS

Property tax history

+34.1%/yr

Latest (2025): $3,114 · -5.7% YoY. Source: county tax records.