406 N Fiske Blvd · Cocoa, FL 32922

$170,000

3 bd · 1.0 ba · 960 sqft · SingleFamily public records · 269 Days on market

Built 1956 7,841 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 +11.7/30.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• 1% rule +3.6/10.0
• Livability +3.6/5.0
• Rent growth +3.5/5.0
• DSCR +3.4/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Quaint Cocoa home with an over 7500 square-foot lot! Upon entry, you will be greeted with tons of natural light and an open format living room! The beautiful brand new kitchen features new cabinets, quartz countertops, and the bar is spacious enough to enjoy a quick meal or a great work from home area! (Kitchen appliances will be installed prior to closing!) To the left of the kitchen is a separate dining area. A true split floor-plan, to the right you will find the spacious and bright master ensuite, with French Doors, and a barn-door entry beautiful full bath with a newly tiled standing shower, separate wash room and a new vanity, faucet and lights. Out the master and living room is the hallway, leading to two spacious bedrooms on the left, and an additional one on the right, as well as a newly tiled full bath, with new shower fixtures, commode, vanity and plumbing fixtures. This home is less than 10 minutes to Indian River Drive and features new fans throughout and a spacious storage area, as well as a spacious backyard to enjoy the summer nights! Roof and AC were replaced within the last 4-5 years! Come see it today!

Key facts

• Riverfront parks
• Quartz countertops
• Modern updates

Tags

• BRAND-NEW KITCHEN
• QUARTZ COUNTERTOPS
• MODERN UPDATES
• BACKYARD BLANK CANVAS
• RIVERFRONT PARKS

Property features AI

Finance

• Other: Pets allowed; Unfurnished

Exterior

• Parking: Other parking
• Utilities: Public sewer; Cable available; Electricity available; Water available
• Home design: Single family residence; One story
• Construction: Concrete construction
• Exterior features: Many trees on the lot; No private pool; Faces west

Interior

• Kitchen: Dishwasher; Disposal; Electric range; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Laminate flooring; Tile flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Breakfast bar; Ceiling fans; Open floor plan; Primary bathroom with tub and shower
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $-51 ($-611/yr) — negative.
• To cash-flow at today's rent, offer at most $161k (5.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $146k (14.2% below list).
• Recommended offer: $146k (14.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 72/100 on livability (#344 in FL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, amenities F, 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: 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; 37 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).
• This rent runs 39% of the median local income ($44k/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 $1k of loan paydown is wiped out by about $5k 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 269 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 21y ago; this cycle's ask has dropped $50k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $145,845 (14.2% 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 269 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
3. Built in 1956 — 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. 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. Crime grade is F 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?
8. 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?
9. 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.
10. 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.
11. 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: 0.86% ✗
• Cap rate: 5.93%
• Cash-on-cash: -1.28%
• DSCR: 0.94
• GRM: 9.7

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: -17.1%
• Equity multiple: 0.39×
• Total profit: $-29,075
• Equity at exit: $25,348

10-year hold

• IRR: -7.0%
• Equity multiple: 0.53×
• Total profit: $-22,293
• Equity at exit: $14,698

Cash invested: $47,600 (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: 9.7×

Monthly cashflow live

• Estimated rent: $1,458 high
• Mortgage (P&I): −$891
• Tax from tax record: −$241 /mo · $2,889/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$306
• Net cashflow: $-51

Break-even live

Break-even rent $1,523

Max offer price $161,004

Occupancy floor 98%

Sensitivity live

Price	-10% $45	-5% $-3	+0% $-51	+5% $-99	+10% $-147
Rent	-10% $-166	-5% $-109	+0% $-51	+5% $7	+10% $64
Rate	-1.0pp $35	-0.5pp $-8	base $-51	+0.5pp $-95	+1.0pp $-140

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: $42,500
• Closing costs: $5,100
• Reserves months: —
• Total cash needed: —

Rent comps 37 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
647 School St Cocoa, FL	2.0	1.0	844	$1,495	$1.77	24d	1	0.20mi
317 Pineda St Unit B Cocoa, FL	2.0	1.0	984	$1,200	$1.22	15d	1	0.32mi
800 N Fiske Blvd Cocoa, FL	1.0–2.0	1.0	850	$1,200	$1.41	24d	2	0.43mi
1010 N Fiske Blvd Cocoa, FL	2.0	1.0–1.5	750	$1,275	$1.70	15d	8	0.49mi
330 Palm Ave Unit PAL332 Cocoa, FL	2.0	1.0	700	$1,200	$1.71	24d	1	0.51mi
302 Palm Ave Cocoa, FL	2.0	1.0	820	$1,600	$1.95	15d	1	0.53mi
118 Olive St Cocoa, FL	2.0	1.0	933	$1,350	$1.45	24d	1	0.53mi
802 Forrest Ave Unit B Cocoa, FL	2.0	1.0	1000	$1,500	$1.50	24d	1	0.61mi
1050 N Fiske Blvd Cocoa, FL	1.0–2.0	1.0	708	$1,200	$1.69	24d	2	0.62mi
1050 N Fiske Blvd #406 Cocoa, FL	2.0	1.0	816	$1,200	$1.47	20d	1	0.62mi
19 Highland St Cocoa, FL	2.0	1.0	728	$1,600	$2.20	24d	1	0.66mi
14 Carmalt St Unit CSB105 Cocoa, FL	2.0	1.0	1000	$1,300	$1.30	24d	1	0.68mi
301 Forrest Ave Cocoa, FL	2.0	1.0–2.0	619	$1,699	$2.74	24d	5	0.69mi
439 Barbara Jenkins St Unit A Cocoa, FL	2.0	1.0	620	$1,250	$2.02	15d	1	0.71mi
11 Parkway St Cocoa, FL	2.0	1.0	690	$1,700	$2.46	24d	1	0.73mi
616 S Kentucky Ave Cocoa, FL	3.0	1.0	960	$1,600	$1.67	20d	1	0.73mi
1515 Peachtree St Cocoa, FL	3.0	2.0	1056	$1,475	$1.40	24d	1	0.79mi
613 Paw Paw St Cocoa, FL	2.0	1.0	552	$1,050	$1.90	24d	1	0.82mi
613 Paw Paw St Apt A Cocoa, FL	2.0	1.0	1104	$1,175	$1.06	24d	1	0.82mi
240 Stone St Unit 7 Cocoa, FL	2.0	1.0	660	$925	$1.40	24d	1	0.84mi
1305 N Fiske Blvd Cocoa, FL	2.0	1.0	750	$1,275	$1.70	20d	1	0.86mi
1616 Terrace St Cocoa, FL	3.0	2.0	850	$1,600	$1.88	24d	1	0.87mi
801 Washington St Unit A Cocoa, FL	3.0	1.5	1000	$1,760	$1.76	24d	1	0.88mi
801 Washington St Unit B Cocoa, FL	2.0	1.0	700	$1,290	$1.84	24d	1	0.88mi
808 Johnson St Cocoa, FL	2.0	1.0	540	$1,095	$2.03	24d	1	0.88mi
1341 W Point Dr Unit 7 Cocoa, FL	2.0	1.0	543	$1,000	$1.84	24d	1	0.97mi
1341 W Point Dr Unit 4 Cocoa, FL	2.0	1.0	543	$850	$1.57	15d	1	0.97mi
1341 W Point Dr Unit 1 Cocoa, FL	2.0	1.0	543	$1,150	$2.12	24d	1	0.97mi
1341 W Point Dr Unit 3 Cocoa, FL	2.0	1.0	543	$1,050	$1.93	24d	1	0.97mi
1343 W Point Dr Apt 1 Cocoa, FL	2.0	1.0	543	$1,000	$1.84	24d	1	0.97mi
1105 Santa Rosa Dr Rockledge, FL	3.0	2.0	1096	$2,000	$1.82	24d	1	1.00mi
1711 Dixon Blvd Cocoa, FL	2.0	1.0	740	$1,262	$1.70	20d	2	1.16mi
1711 Dixon Blvd #246 Cocoa, FL	2.0	1.0	837	$1,350	$1.61	15d	1	1.19mi
1717 Dixon Blvd #91 Cocoa, FL	2.0	1.0	661	$1,150	$1.74	24d	1	1.23mi
295 Royal Tern CIR Rockledge, FL	1.0–3.0	1.0–2.0	1020	$2,467	$2.42	15d	33	1.24mi
1723 Dixon Blvd #11 Cocoa, FL	2.0	1.0	621	$1,150	$1.85	15d	1	1.27mi
1706 Pineda St Cocoa, FL	3.0	2.0	1020	$1,700	$1.67	24d	1	1.31mi

Listing history 15 events

1. 2026-05-31
   days on market $170,000 Active 269 DOM
2. 2026-05-31
   days on market $170,000 Active 268 DOM
3. 2025-11-05
   price $170,000
4. 2025-09-04
   listed $220,000 Active
5. 2022-09-07
   soldstatus $213,000
6. 2022-08-31
   soldstatus $213,000 Closed 1139-char remark

   Show marketing remark (1139 chars)

   Quaint Cocoa home with an over 7500 square-foot lot! Upon entry, you will be greeted with tons of natural light and an open format living room! The beautiful brand new kitchen features new cabinets, quartz countertops, and the bar is spacious enough to enjoy a quick meal or a great work from home area! (Kitchen appliances will be installed prior to closing!) To the left of the kitchen is a separate dining area. A true split floor-plan, to the right you will find the spacious and bright master ensuite, with French Doors, and a barn-door entry beautiful full bath with a newly tiled standing shower, separate wash room and a new vanity, faucet and lights. Out the master and living room is the hallway, leading to two spacious bedrooms on the left, and an additional one on the right, as well as a newly tiled full bath, with new shower fixtures, commode, vanity and plumbing fixtures. This home is less than 10 minutes to Indian River Drive and features new fans throughout and a spacious storage area, as well as a spacious backyard to enjoy the summer nights! Roof and AC were replaced within the last 4-5 years! Come see it today!

7. 2022-07-25
   historical Contingent 1139-char remark

   Show marketing remark (1139 chars)

   Quaint Cocoa home with an over 7500 square-foot lot! Upon entry, you will be greeted with tons of natural light and an open format living room! The beautiful brand new kitchen features new cabinets, quartz countertops, and the bar is spacious enough to enjoy a quick meal or a great work from home area! (Kitchen appliances will be installed prior to closing!) To the left of the kitchen is a separate dining area. A true split floor-plan, to the right you will find the spacious and bright master ensuite, with French Doors, and a barn-door entry beautiful full bath with a newly tiled standing shower, separate wash room and a new vanity, faucet and lights. Out the master and living room is the hallway, leading to two spacious bedrooms on the left, and an additional one on the right, as well as a newly tiled full bath, with new shower fixtures, commode, vanity and plumbing fixtures. This home is less than 10 minutes to Indian River Drive and features new fans throughout and a spacious storage area, as well as a spacious backyard to enjoy the summer nights! Roof and AC were replaced within the last 4-5 years! Come see it today!

8. 2022-07-17
   listed $219,500 Active 1139-char remark

   Show marketing remark (1139 chars)

   Quaint Cocoa home with an over 7500 square-foot lot! Upon entry, you will be greeted with tons of natural light and an open format living room! The beautiful brand new kitchen features new cabinets, quartz countertops, and the bar is spacious enough to enjoy a quick meal or a great work from home area! (Kitchen appliances will be installed prior to closing!) To the left of the kitchen is a separate dining area. A true split floor-plan, to the right you will find the spacious and bright master ensuite, with French Doors, and a barn-door entry beautiful full bath with a newly tiled standing shower, separate wash room and a new vanity, faucet and lights. Out the master and living room is the hallway, leading to two spacious bedrooms on the left, and an additional one on the right, as well as a newly tiled full bath, with new shower fixtures, commode, vanity and plumbing fixtures. This home is less than 10 minutes to Indian River Drive and features new fans throughout and a spacious storage area, as well as a spacious backyard to enjoy the summer nights! Roof and AC were replaced within the last 4-5 years! Come see it today!

9. 2022-04-26
   soldstatus $135,000
10. 2016-08-16
    historical 263-char remark

    Show marketing remark (263 chars)

    Investers take a look. Tennants already in place. New tile, wall to wall carpet and paint on the inside with a fenced back yard. Everything you would want in an affordable home. This home even has a huge attached outside utility room for storage and laundry room.

11. 2006-05-19
    listed $134,900 263-char remark

    Show marketing remark (263 chars)

    Investers take a look. Tennants already in place. New tile, wall to wall carpet and paint on the inside with a fenced back yard. Everything you would want in an affordable home. This home even has a huge attached outside utility room for storage and laundry room.

12. 2005-09-07
    soldstatus $113,500
13. 2005-09-01
    soldstatus $113,500
14. 2005-06-03
    listed $115,900
15. 1977-07-01
    soldstatus $27,500

ⓘ 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: $2,889 · $241/mo
• Projected year-2 tax: $2,889 · $241/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 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 23 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: $17,501
• − Mortgage interest: −$9,523
• − Property taxes: −$2,889
• − Insurance: −$850
• − Repairs & maintenance: −$1,400
• − Management: −$1,400
• − Depreciation: −$4,945
• Taxable loss: −$3,506
• Est. tax savings @ 24.0%: +$841
• After-tax cash flow: $230/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

• Score: 72/100
• State rank: #344
• US rank: #5979

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cocoa, FL
• County: Brevard County · 602,871 people
• City population: 67,424
• 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

+518.2% since first listed

13 events — show timeline

• 2025-11-05 Price Changed $170,000 SCMLS
• 2025-09-04 Listed $220,000 SCMLS
• 2022-09-07 Sold (Public Records) $213,000 Public Records
• 2022-08-31 Sold (MLS) $213,000 SCMLS
• 2022-07-25 Contingent — SCMLS
• 2022-07-17 Listed $219,500 SCMLS
• 2022-04-26 Sold (Public Records) $135,000 Public Records
• 2016-08-16 Listing Removed — SCMLS
• 2006-05-19 Listed $134,900 SCMLS
• 2005-09-07 Sold (Public Records) $113,500 Public Records
• 2005-09-01 Sold (MLS) $113,500 SCMLS
• 2005-06-03 Listed $115,900 SCMLS
• 1977-07-01 Sold (Public Records) $27,500 Public Records

Property tax history

+12.3%/yr

Latest (2025): $2,889 · +3.5% YoY. Source: county tax records.