225 NE Forrest Ct · Jensen Beach, FL 34957

$98,000

2 bd · 2.0 ba · 1,344 sqft · Manufactured · 61 Days on market

Built 1977 Good condition $73/sqft · 40% above area Est $70k · 40% over $805/mo HOA · 35% of rent

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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 +28.9/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.5/10.0
• Condition / age +3.8/5.0
• Livability +3.5/5.0
• Rent growth +2.8/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your coastal retreat in the heart of Jensen Beach! This beautifully maintained home offers the perfect blend of comfort, privacy, and Florida charm. Step inside to an inviting, light filled layout featuring spacious living areas, updated finishes, and a seamless flow ideal for both everyday living and entertaining. The kitchen offers generous counter space and storage, opening to the main living area for effortless hosting. The primary suite provides a peaceful escape with ample closet space and a well appointed bath. Second bedroom is generously sized, perfect for family, guests, or a home office. Located just minutes from the beach, shopping, dining, and all the charm of downtown Jensen Beach. This home offers the lifestyle you've been searching for. Lot rent is $805.

Key facts

• Light filled layout
• Ample closet space
• Well appointed bath

Tags

• LIGHT FILLED LAYOUT
• GENEROUS COUNTER SPACE
• AMPLE CLOSET SPACE
• WELL APPOINTED BATH
• MINUTES FROM THE BEACH

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $98k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $331 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $98k).
• Recommended offer: $92k (6.0% below list) — sets the bar for market timing.
• Cap rate 10.3% vs local median 4.1% in Jensen Beach — 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 (#432 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, cost of living B+; Watch: amenities F, commute F, health & safety D-.
• Martin (suburban): math 52% / reading 53% proficiency, ranked #24 of 73 in FL (top 33%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+1.0%/yr); 536 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 737 units permitted in Martin County in 2024 (167 in 5+ unit buildings).
• This rent runs 39% of the median local income ($70k/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 $678 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Martin County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 61 days — a 6% lower offer ($92k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: HOA is 35% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $92,120 (6.0% below list)

Questions for the listing agent

1. It's been on market 61 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. 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.
8. 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.
9. 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: 2.34% ✓
• Cap rate: 10.34%
• Cash-on-cash: 14.47%
• DSCR: 1.64
• GRM: 3.6

CMA / ARV

• ARV (median comp): $70,000
• List price: $98,000
• Delta: 40.00%
• Verdict: OVERPRICED
• Comps: 11 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
452 NE Pinelake Village Blvd	0.29mi	2/2.0	1,344 (0%)	4mo	$55,500	$41	83
66 NE Pinelake Village Blvd	0.21mi	2/2.0	1,376 (+2%)	4mo	$70,000	$51	82
94 N North Warner Dr	0.27mi	2/2.0	1,404 (+4%)	2mo	$200,000	$142	78
85 S Warner Dr	0.26mi	2/2.0	1,392 (+4%)	10mo	$58,000	$42	73
151 Sharyon Ln	0.22mi	2/2.0	1,152 (-14%)	4mo	$89,000	$77	63
125 La Vaughn Cir	0.28mi	2/2.0	1,536 (+14%)	2mo	$55,000	$36	62
4 N North Warner Dr	0.30mi	2/2.0	1,152 (-14%)	1mo	$62,500	$54	61
434 NE Topaz Ter	0.27mi	2/2.0	1,152 (-14%)	6mo	$50,000	$43	59
75 S Warner Dr	0.26mi	2/2.0	1,200 (-11%)	14mo	$49,900	$42	58

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

Projected returns pro-forma

-3.0% appreciation · 1.0% rent growth · sell at horizon

5-year hold

• IRR: 1.2%
• Equity multiple: 1.04×
• Total profit: $1,194
• Equity at exit: $14,612

10-year hold

• IRR: 7.1%
• Equity multiple: 1.45×
• Total profit: $12,475
• Equity at exit: $8,473

Cash invested: $27,440 (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 34957

• Rents YoY: 1.0%
• Active inventory: 536
• Price-to-rent: 3.6×

Monthly cashflow live

• Estimated rent: $2,295 high
• Mortgage (P&I): −$514
• Tax est. 1.5%: −$122 /mo · $1,470/yr
• Insurance: −$41
• HOA: −$805
• Vacancy / Maint / Mgmt: −$482
• Net cashflow: $331

Break-even live

Break-even rent $1,876

Max offer price $98,000

Occupancy floor 81%

Sensitivity live

Price	-10% $399	-5% $365	+0% $331	+5% $297	+10% $263
Rent	-10% $150	-5% $240	+0% $331	+5% $422	+10% $512
Rate	-1.0pp $380	-0.5pp $356	base $331	+0.5pp $305	+1.0pp $280

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: $24,500
• Closing costs: $2,940
• Reserves months: —
• Total cash needed: —

Rent comps 29 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1585 NE Beacon Dr #1103 Jensen Beach, FL	2.0	2.0	961	$1,495	$1.56	24d	1	0.18mi
1617 NE Nautical Pl Jensen Beach, FL	2.0	2.0	961	$1,850	$1.93	14d	1	0.23mi
1411 NE 14th Ct #13 Jensen Beach, FL	2.0	2.0	1100	$3,000	$2.73	24d	1	0.30mi
1999 NE Collins Cir Unit 3-80 Jensen Beach, FL	2.0	2.0	1067	$1,775	$1.66	24d	1	0.37mi
1971 NE Collins Cir #20 Jensen Beach, FL	2.0	2.0	1037	$1,750	$1.69	24d	1	0.38mi
2013 NE Collins Cir #50 Jensen Beach, FL	2.0	2.0	903	$1,800	$1.99	14d	1	0.38mi
1550 NE 13th Ter Unit B16 Jensen Beach, FL	2.0	2.0	1272	$1,800	$1.42	24d	1	0.42mi
1600 NE Dixie Hwy Unit 10-203 Jensen Beach, FL	2.0	2.0	1072	$2,300	$2.15	24d	1	0.47mi
2563 NE Palm Ave Jensen Beach, FL	2.0	2.0	950	$2,400	$2.53	24d	1	0.82mi
1097 NE Kubin Ave Jensen Beach, FL	2.0	1.5	952	$2,450	$2.57	24d	1	0.84mi
590 NE Lima Vias Jensen Beach, FL	2.0	2.0	1295	$3,300	$2.55	24d	1	0.84mi
2831 NE Savannah Rd Jensen Beach, FL	3.0	2.0	1248	$3,000	$2.40	24d	1	0.88mi
1001 NE Baker Rd Stuart, FL	1.0–3.0	1.0–2.0	952	$2,280	$2.40	14d	27	0.89mi
1903 NE Media Ave Jensen Beach, FL	2.0	2.0	1324	$2,400	$1.81	24d	1	0.94mi
2506 NE Heron's Walk Jensen Beach, FL	2.0	1.0	1000	$2,400	$2.40	24d	1	0.95mi
2646 NE Pelican Way Jensen Beach, FL	1.0	1.0	1000	$2,400	$2.40	24d	1	0.98mi
2632 NE Pelican Way Jensen Beach, FL	2.0	1.0	1000	$4,800	$4.80	24d	1	0.99mi
2952 NE Savannah Rd Jensen Beach, FL	3.0	2.0	1056	$3,000	$2.84	24d	1	0.99mi
1366 NE Hilltop St Jensen Beach, FL	2.0	2.0	1596	$2,700	$1.69	24d	1	1.07mi
257 Preserve Trl N Stuart, FL	3.0	2.5	1652	$2,700	$1.63	24d	1	1.07mi
3111 NE Savannah Rd Jensen Beach, FL	2.0	1.0	1085	$1,995	$1.84	14d	1	1.09mi
3121 NE Savannah Rd Unit 3121 Jensen Beach, FL	3.0	1.0	1085	$2,095	$1.93	24d	1	1.10mi
3123 NE Savannah Rd Unit 3123 Jensen Beach, FL	3.0	2.0	1100	$2,195	$2.00	24d	1	1.11mi
297 NE Coastal DR #297 Jensen Beach, FL	2.0	2.0	1000	$3,000	$3.00	24d	1	1.12mi
25 NE 17th St Stuart, FL	3.0	2.0	990	$2,000	$2.02	24d	1	1.26mi
3393 NE Sandra Dr Jensen Beach, FL	3.0	3.0	1547	$2,700	$1.75	24d	1	1.32mi
3450 NE Linda Dr Jensen Beach, FL	2.0	1.0	1240	$2,500	$2.02	24d	1	1.37mi
3489 NE Linda Dr Jensen Beach, FL	3.0	2.0	1572	$3,150	$2.00	24d	1	1.39mi
1398 NW Cavendish Ct Stuart, FL	2.0–3.0	2.5	1242	$2,393	$1.93	22d	11	1.42mi

HOA detail

• Monthly dues: $805 · $9,660/yr

Listing history 16 events

1. 2026-06-18
   days on market $98,000 Active 61 DOM
2. 2026-06-17
   days on market $98,000 Active 60 DOM
3. 2026-06-16
   days on market $98,000 Active 59 DOM
4. 2026-06-15
   days on market $98,000 Active 58 DOM
5. 2026-06-14
   days on market $98,000 Active 56 DOM
6. 2026-06-13
   days on market $98,000 Active 55 DOM
7. 2026-06-10
   days on market $98,000 Active 53 DOM
8. 2026-06-09
   days on market $98,000 Active 52 DOM
9. 2026-06-08
   days on market $98,000 Active 51 DOM
10. 2026-06-07
    days on market $98,000 Active 50 DOM
11. 2026-06-03
    days on market $98,000 Active 46 DOM
12. 2026-06-02
    days on market $98,000 Active 45 DOM
13. 2026-06-01
    days on market $98,000 Active 44 DOM
14. 2026-05-31
    days on market $98,000 Active 43 DOM
15. 2026-05-31
    days on market $98,000 Active 42 DOM
16. 2026-04-16
    listed $98,000 Active 792-char remark

    Show marketing remark (792 chars)

    Welcome to your coastal retreat in the heart of Jensen Beach! This beautifully maintained home offers the perfect blend of comfort, privacy, and Florida charm. Step inside to an inviting, light filled layout featuring spacious living areas, updated finishes, and a seamless flow ideal for both everyday living and entertaining. The kitchen offers generous counter space and storage, opening to the main living area for effortless hosting. The primary suite provides a peaceful escape with ample closet space and a well appointed bath. Second bedroom is generously sized, perfect for family, guests, or a home office. Located just minutes from the beach, shopping, dining, and all the charm of downtown Jensen Beach. This home offers the lifestyle you've been searching for. Lot rent is $805.

ⓘ 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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 24 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,541
• − Mortgage interest: −$5,490
• − Property taxes: −$1,470
• − Insurance: −$490
• − Repairs & maintenance: −$2,203
• − Management: −$2,203
• − HOA: −$9,660
• − Depreciation: −$2,851
• Taxable income: $3,174
• Est. tax owed @ 24.0%: −$762
• After-tax cash flow: $3,209/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 · 12 photos

Good 75/100 Cosmetic rehab

This well-maintained mobile home in Jensen Beach offers a good condition with minimal repairs needed. It's move-in ready with a good curb appeal and potential for value-adding updates.

Value-add opportunities

• Resale Paint exterior siding — Fresh paint can enhance the home's curb appeal and value.
• Both Replace worn-out flooring — New flooring can improve the home's appearance and functionality.
• Resale Update kitchen appliances — Modern appliances can attract more buyers and increase the home's value.
• Both Install smart home technology — Smart home features can increase convenience and appeal to potential buyers/renters.
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract more buyers/renters.

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint exterior siding — Fresh paint can enhance the home's curb appeal and value. ↑
• Both Replace worn-out flooring — New flooring can improve the home's appearance and functionality. ↑
• Resale Update kitchen appliances — Modern appliances can attract more buyers and increase the home's value. ↑
• Both Install smart home technology — Smart home features can increase convenience and appeal to potential buyers/renters. ↑
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract more buyers/renters. ↑

ⓘ 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: Martin
• NCES district ID: 1201290
• Math proficiency: 52% ▼ -14.00%
• Reading proficiency: 53% ▼ -4.00%
• Median HH income: $52,482
• Composite: 45.1/100
• National rank: #2690
• State rank: #24 of 73 in FL

Livability — Jensen Beach

• Score: 70/100
• State rank: #432
• US rank: #7719

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jensen Beach, FL
• County: Martin County · 165,223 people
• City population: 23,462
• Metro: Port St. Lucie, FL
• Population (ZIP): 23,462
• Household income: $70,403
• Rent vs Own: 23.8% rent · 76.2% own
• Severe rent burden: 946.0

Population outlook (Martin County) Hauer SSP2

• Today (2025): 172,383 people
• By 2030: 180,192 · +4.5%
• By 2040: 194,114 · +12.6%
• By 2050: 204,992 · +18.9%
• By 2075: 229,641 · +33.2%
• By 2100: 232,146 · +34.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 7% Two or more races 6% Asian 2% Black 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 4% Slovak 3% Lithuanian 3%
• Foreign-born: 10% · Canada, Jamaica
• Languages at home: 90% English-only · Spanish 5% Other Indo-European 2% Tagalog/Filipino 1%

Political lean MEDSL · Martin

• 2024 margin: Solid R (+31.1) · D 34.1% · R 65.2%
• 2008→2024 swing: -17.5pp toward R · 2008: -13.6pp · 2024: -31.1pp
• All cycles: 2024: R+31.1 2020: R+24.6 2016: R+26.9 2012: R+22.9 2008: R+13.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -319.66%
• Current HPI: 340.0172
• Rent YoY: ▲ 1.00%
• Metro: Port St. Lucie, 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

1 event — show timeline

• 2026-04-16 Listed $98,000 Beaches MLS