409 Camellia Ave · Titusville, FL 32796

$285,000

3 bd · 2.0 ba · 1,756 sqft · SingleFamily public records · 111 Days on market

Built 1961 9,148 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 +8.9/30.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Livability +4.2/5.0
• Rent growth +2.6/5.0
• DSCR +2.5/10.0
• Condition / age +2.5/5.0
• 1% rule +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fully renovated. 2022 Roof!!! Huge master bedroom with office space. Brand new kitchen with QUARTZ countertop, stainless appliances. Luxury vinyl plank thru out the house. Upgrade bath and shower. Fenced back yard!!! Easy access to I95, close to shops. minutes to the beach.

Key facts

• Spacious kitchen
• Bonus room
• En-suite bath

Tags

• SPACIOUS KITCHEN
• BONUS ROOM
• PRIVATE RETREAT
• EN-SUITE BATH
• CLOSE PROXIMITY TO SCHOOLS
• EASY ACCESS TO BEACHES

Property features AI

Finance

• Other: Property zoned R1B; Total living area reported as 1,864 (public records)
• Financial info: No lease restrictions; Tax year 2024
• HOA & community: No HOA association indicated

Exterior

• Utilities: Public water; Septic sewer; Public utilities available
• Home design: Single-family residence; One story; Home faces west; Owner-occupied homestead
• Construction: Block and stucco construction; Shingle roof; Slab foundation; Built on a 0.21-acre lot
• Exterior features: Concrete and paved road access; Lot dimensions approximately 80 x 115

Interior

• Kitchen: Dishwasher; Disposal; Range; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Tile flooring; Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $285k.

Deal economics

• At list price, monthly cash flow is $-229 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $245k (14.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $204k (28.4% below list).
• Recommended offer: $204k (28.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 84/100 on livability (#42 in FL, #668 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D, employment 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: W. Melbourne Elementary School For Science (math 88% / reading 86%, grade A+, #24 of 2,144 statewide, top 1%, 549 students, 18% FRL); James Madison Middle School (math 39% / reading 39%, grade F, #381 of 571 statewide, top 67%, 446 students, 65% FRL); Astronaut High School (math 25% / reading 43%, grade F, #394 of 667 statewide, top 60%, 1,112 students, 51% FRL) — zoned schools at 45% FRL track the district average.
• Market conditions: Rents flat; 259 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
• This rent runs 36% of the median local income ($67k/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 $9k 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 111 days — a 9% lower offer ($259k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 20y ago; this cycle's ask has dropped $20k (7%) 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; major wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $203,995 (28.4% 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 111 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
3. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 0.72% ✗
• Cap rate: 5.33%
• Cash-on-cash: -3.44%
• DSCR: 0.85
• GRM: 11.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.59% rent growth · sell at horizon

5-year hold

• IRR: -24.6%
• Equity multiple: 0.18×
• Total profit: $-65,620
• Equity at exit: $42,494

10-year hold

• IRR: -28.4%
• Equity multiple: -0.19×
• Total profit: $-94,973
• Equity at exit: $24,642

Cash invested: $79,800 (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 32796

• Rents YoY: 0.6%
• Active inventory: 259
• Price-to-rent: 11.6×

Monthly cashflow live

• Estimated rent: $2,040 high
• Mortgage (P&I): −$1,495
• Tax from tax record: −$227 /mo · $2,722/yr
• Insurance: −$119
• HOA: −$0
• Vacancy / Maint / Mgmt: −$428
• Net cashflow: $-229

Break-even live

Break-even rent $2,329

Max offer price $244,619

Occupancy floor —

Sensitivity live

Price	-10% $-67	-5% $-148	+0% $-229	+5% $-309	+10% $-390
Rent	-10% $-390	-5% $-309	+0% $-229	+5% $-148	+10% $-67
Rate	-1.0pp $-85	-0.5pp $-156	base $-229	+0.5pp $-302	+1.0pp $-378

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: $71,250
• Closing costs: $8,550
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
292 W Towne Pl Titusville, FL	2.0	2.5	1242	$1,450	$1.17	15d	1	0.09mi
3315 Casi Dr Titusville, FL	3.0	2.0	2132	$2,700	$1.27	25d	1	0.50mi
3007 Telka Lynn Dr Titusville, FL	3.0	2.0	1560	$2,400	$1.54	25d	1	0.64mi
102 S Christmas Hill Rd Titusville, FL	3.0	2.0	1304	$2,200	$1.69	25d	1	0.67mi
102 S Christmas Hill Rd Titusville, FL	3.0	2.0	1304	$2,300	$1.76	16d	1	0.67mi
965 N Singleton Ave Titusville, FL	3.0	2.0	1493	$2,250	$1.51	21d	1	0.68mi
945 Luna Ter Titusville, FL	4.0	2.0	1863	$2,600	$1.40	25d	1	0.68mi
2745 Starlight Dr Titusville, FL	3.0	2.0	1232	$1,800	$1.46	25d	1	0.82mi
1340 Sharon Dr Titusville, FL	3.0	2.0	1872	$2,516	$1.34	15d	1	1.04mi
1795 S Lilac Cir Titusville, FL	3.0	2.0	1584	$2,000	$1.26	25d	1	1.43mi
1539 Lafayette Ave Titusville, FL	3.0	2.0	1457	$2,260	$1.55	15d	1	1.43mi
1580 Liberty Tree Rd Titusville, FL	3.0	2.0	1458	$2,145	$1.47	15d	1	1.45mi

Listing history 26 events

1. 2026-05-21
   status Pending
2. 2026-05-15
   price $285,000
3. 2026-03-27
   price $298,000
4. 2026-02-14
   price $299,000
5. 2026-01-31
   listed $305,000 Active
6. 2023-03-21
   soldstatus $275,000
7. 2023-03-10
   soldstatus $275,000 Closed 274-char remark

   Show marketing remark (274 chars)

   Fully renovated. 2022 Roof!!! Huge master bedroom with office space. Brand new kitchen with QUARTZ countertop, stainless appliances. Luxury vinyl plank thru out the house. Upgrade bath and shower. Fenced back yard!!! Easy access to I95, close to shops. minutes to the beach.

8. 2023-03-10
   soldstatus $275,000 Closed 274-char remark

   Show marketing remark (274 chars)

   Fully renovated. 2022 Roof!!! Huge master bedroom with office space. Brand new kitchen with QUARTZ countertop, stainless appliances. Luxury vinyl plank thru out the house. Upgrade bath and shower. Fenced back yard!!! Easy access to I95, close to shops. minutes to the beach.

9. 2023-02-19
   status Pending 274-char remark

   Show marketing remark (274 chars)

   Fully renovated. 2022 Roof!!! Huge master bedroom with office space. Brand new kitchen with QUARTZ countertop, stainless appliances. Luxury vinyl plank thru out the house. Upgrade bath and shower. Fenced back yard!!! Easy access to I95, close to shops. minutes to the beach.

10. 2023-02-04
    status Pending 274-char remark

    Show marketing remark (274 chars)

    Fully renovated. 2022 Roof!!! Huge master bedroom with office space. Brand new kitchen with QUARTZ countertop, stainless appliances. Luxury vinyl plank thru out the house. Upgrade bath and shower. Fenced back yard!!! Easy access to I95, close to shops. minutes to the beach.

11. 2023-02-04
    historical Contingent 274-char remark

    Show marketing remark (274 chars)

    Fully renovated. 2022 Roof!!! Huge master bedroom with office space. Brand new kitchen with QUARTZ countertop, stainless appliances. Luxury vinyl plank thru out the house. Upgrade bath and shower. Fenced back yard!!! Easy access to I95, close to shops. minutes to the beach.

12. 2023-01-10
    status Active 274-char remark

    Show marketing remark (274 chars)

    Fully renovated. 2022 Roof!!! Huge master bedroom with office space. Brand new kitchen with QUARTZ countertop, stainless appliances. Luxury vinyl plank thru out the house. Upgrade bath and shower. Fenced back yard!!! Easy access to I95, close to shops. minutes to the beach.

13. 2023-01-10
    status Active 274-char remark

    Show marketing remark (274 chars)

    Fully renovated. 2022 Roof!!! Huge master bedroom with office space. Brand new kitchen with QUARTZ countertop, stainless appliances. Luxury vinyl plank thru out the house. Upgrade bath and shower. Fenced back yard!!! Easy access to I95, close to shops. minutes to the beach.

14. 2022-12-27
    status Pending 274-char remark

    Show marketing remark (274 chars)

    Fully renovated. 2022 Roof!!! Huge master bedroom with office space. Brand new kitchen with QUARTZ countertop, stainless appliances. Luxury vinyl plank thru out the house. Upgrade bath and shower. Fenced back yard!!! Easy access to I95, close to shops. minutes to the beach.

15. 2022-12-27
    status Pending 274-char remark

    Show marketing remark (274 chars)

    Fully renovated. 2022 Roof!!! Huge master bedroom with office space. Brand new kitchen with QUARTZ countertop, stainless appliances. Luxury vinyl plank thru out the house. Upgrade bath and shower. Fenced back yard!!! Easy access to I95, close to shops. minutes to the beach.

16. 2022-12-20
    historical
17. 2022-11-19
    listed $275,000 Active 274-char remark

    Show marketing remark (274 chars)

    Fully renovated. 2022 Roof!!! Huge master bedroom with office space. Brand new kitchen with QUARTZ countertop, stainless appliances. Luxury vinyl plank thru out the house. Upgrade bath and shower. Fenced back yard!!! Easy access to I95, close to shops. minutes to the beach.

18. 2022-11-15
    listed $275,000 Active 274-char remark

    Show marketing remark (274 chars)

    Fully renovated. 2022 Roof!!! Huge master bedroom with office space. Brand new kitchen with QUARTZ countertop, stainless appliances. Luxury vinyl plank thru out the house. Upgrade bath and shower. Fenced back yard!!! Easy access to I95, close to shops. minutes to the beach.

19. 2022-09-12
    soldstatus $150,000
20. 2022-08-31
    soldstatus $150,000 Closed
21. 2022-06-03
    historical Contingent
22. 2022-05-27
    listed $169,000 Active
23. 2006-12-01
    soldstatus $126,000
24. 2006-11-22
    soldstatus $126,000
25. 2006-10-12
    listed $129,900
26. 1976-09-01
    soldstatus $17,000

ⓘ 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: $2,722 · $227/mo
• Projected year-2 tax: $2,722 · $227/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 6/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 21 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: $24,479
• − Mortgage interest: −$15,964
• − Property taxes: −$2,722
• − Insurance: −$1,425
• − Repairs & maintenance: −$1,958
• − Management: −$1,958
• − Depreciation: −$8,291
• Taxable loss: −$7,840
• Est. tax savings @ 24.0%: +$1,881
• After-tax cash flow: $-862/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 — Titusville

• Score: 84/100
• State rank: #42
• US rank: #668

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Titusville, FL
• County: Brevard County · 602,871 people
• City population: 60,286
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 20,222
• Household income: $67,491
• Rent vs Own: 15.2% rent · 84.8% own
• Severe rent burden: 403.0

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: Predominantly White (81%)
• Race & ethnicity: White 81% Black 8% Hispanic / Latino 6% Two or more races 4%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Romanian 3% Italian 3% Slovak 2%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 5%

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: ▼ -172.25%
• Current HPI: 303.5534
• Rent YoY: ▲ 0.59%
• 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

+1576.5% since first listed

26 events — show timeline

• 2026-05-21 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-15 Price Changed $285,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-27 Price Changed $298,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-14 Price Changed $299,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-31 Listed $305,000 Stellar MLS as Distributed by MLS Grid
• 2023-03-21 Sold (Public Records) $275,000 Public Records
• 2023-03-10 Sold (MLS) $275,000 Stellar MLS as Distributed by MLS Grid
• 2023-03-10 Sold (MLS) $275,000 SCMLS
• 2023-02-19 Pending — SCMLS
• 2023-02-04 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-02-04 Contingent — SCMLS
• 2023-01-10 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-01-10 Relisted — SCMLS
• 2022-12-27 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-12-27 Pending — SCMLS
• 2022-12-20 Rental Removed — RENT.
• 2022-11-19 Listed $275,000 Stellar MLS as Distributed by MLS Grid
• 2022-11-15 Listed $275,000 SCMLS
• 2022-09-12 Sold (Public Records) $150,000 Public Records
• 2022-08-31 Sold (MLS) $150,000 SCMLS
• 2022-06-03 Contingent — SCMLS
• 2022-05-27 Listed $169,000 SCMLS
• 2006-12-01 Sold (Public Records) $126,000 Public Records
• 2006-11-22 Sold (MLS) $126,000 SCMLS
• 2006-10-12 Listed $129,900 SCMLS
• 1976-09-01 Sold (Public Records) $17,000 Public Records

Property tax history

+17.7%/yr

Latest (2025): $2,722 · -24.1% YoY. Source: county tax records.