2952 Finsterwald Dr · Titusville, FL 32780

$160,000

2 bd · 2.5 ba · 1,294 sqft · Condo · 56 Days on market

Built 1982 Good condition $200/mo HOA · 11% 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 +16.4/30.0
• ARV discount +7.5/15.0
• 1% rule +6.0/10.0
• DSCR +5.1/10.0
• Schools +4.7/10.0
• Livability +4.2/5.0
• Condition / age +3.8/5.0
• Rent growth +2.8/5.0
• Appreciation +0.0/10.0

Listing remarks

With this winning combo of condition and location, this end unit townhome with serene park-like views is a compelling opportunity to own in Titusville. Step inside this 2 bedroom, 2 & 1/2 bath home to find durable LVP & tile floors for easy upkeep. Downstairs the functional layout flows from the kitchen w/ ample cabinets & breakfast bar open to a spacious living area. Enjoy the convenience of an inside laundry with W/ D included, 1 car garage + additional parking spots and the bonus of an EV charger! Upstairs you'll have split bedrooms, with a jack-n-jill bathroom set-up with separate shower and tub. The primary bedroom has a private balcony just above the patio downstairs o

Key facts

• $200 HOA
• Garage
• Built 1982

Property features AI

Finance

• Other: Pets allowed; Unfurnished unit
• HOA & community: Community association (Westview Condominium Association); HOA fee $200 monthly covering grounds maintenance

Exterior

• Parking: Assigned parking; Guest parking; 1-car garage with garage door opener; Electric vehicle charging station(s)
• Security: Smoke detectors
• Utilities: Public sewer; Water connected; Sewer connected; Electricity connected; Cable available
• Home design: Condominium; Attached property; Two levels, entry on level 1; Faces west
• Construction: Block and stucco construction; Shingle roof; Single-story building total (unit spans two levels)
• Exterior features: Covered porch; Balcony; Located on a cul-de-sac / dead-end street; City street frontage; Asphalt road surface

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Laminate flooring; Tile flooring
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Breakfast bar; Ceiling fans; Jack-and-Jill bathroom; Primary bathroom with tub and separate shower; Split bedroom floorplan
• Laundry & utility: In-unit laundry on lower level; Washer hookup; Electric dryer hookup; Washer and dryer included

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath condo listed at $160k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $90 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $155k (3.0% below list) — sets the bar for market timing.

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: Apollo Elementary School (math 47% / reading 51%, grade D, #1,134 of 2,144 statewide, top 54%, 730 students, 68% FRL); Andrew Jackson Middle School (math 52% / reading 47%, grade C, #259 of 571 statewide, top 46%, 551 students, 58% FRL); Titusville High School (math 33% / reading 52%, grade F, #264 of 667 statewide, top 41%, 1,314 students, 55% FRL) — zoned schools average 60% FRL vs 43% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.3%/yr); 462 active listings in the ZIP; 36 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 31% of the median local income ($68k/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 56 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.

Risks & watch-outs

• 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 $155,200 (3.0% below list)

Questions for the listing agent

1. It's been on market 56 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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 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: 1.10% ✓
• Cap rate: 6.96%
• Cash-on-cash: 2.40%
• DSCR: 1.11
• GRM: 7.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.29% rent growth · sell at horizon

5-year hold

• IRR: -14.7%
• Equity multiple: 0.49×
• Total profit: $-23,060
• Equity at exit: $23,857

10-year hold

• IRR: -9.5%
• Equity multiple: 0.46×
• Total profit: $-23,973
• Equity at exit: $13,834

Cash invested: $44,800 (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 32780

• Rents YoY: 1.3%
• Active inventory: 462
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,766 high
• Mortgage (P&I): −$839
• Tax est. 1.5%: −$200 /mo · $2,400/yr
• Insurance: −$67
• HOA: −$200
• Vacancy / Maint / Mgmt: −$371
• Net cashflow: $90

Break-even live

Break-even rent $1,653

Max offer price $160,000

Occupancy floor 90%

Sensitivity live

Price	-10% $200	-5% $145	+0% $90	+5% $34	+10% $-21
Rent	-10% $-50	-5% $20	+0% $90	+5% $159	+10% $229
Rate	-1.0pp $170	-0.5pp $130	base $90	+0.5pp $48	+1.0pp $6

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3136 Finsterwald Dr Titusville, FL	2.0	2.5	1280	$2,000	$1.56	24d	1	0.17mi
1735 Harrison St #231 Titusville, FL	2.0	2.0	915	$1,700	$1.86	20d	1	0.28mi
3535 Nicklaus Dr Titusville, FL	3.0	2.0	1709	$1,895	$1.11	24d	1	0.45mi
2511 Country Club Dr Unit B118 Titusville, FL	2.0	1.5	1075	$1,200	$1.12	24d	1	0.56mi
1209 Country Club Dr Titusville, FL	2.0	2.0	935	$1,700	$1.82	24d	1	0.57mi
1237 Country Club Dr Titusville, FL	2.0	2.0	970	$1,600	$1.65	24d	1	0.57mi
1099 Country Club Dr #811 Titusville, FL	2.0	2.0	940	$1,800	$1.91	24d	1	0.68mi
3645 Barna Ave Titusville, FL	1.0–2.0	1.0	895	$1,350	$1.51	24d	4	0.72mi
2408 Devonswood Rd Titusville, FL	3.0	2.0	1310	$2,100	$1.60	24d	1	0.73mi
1049 Macon Dr Titusville, FL	3.0	2.0	1865	$2,200	$1.18	24d	1	0.74mi
1041 Country Club Dr Titusville, FL	2.0	2.0	1020	$1,900	$1.86	24d	1	0.74mi
1041 Country Club Dr #426 Titusville, FL	2.0	2.0	1020	$1,800	$1.76	24d	1	0.74mi
1039 Country Club Dr Titusville, FL	2.0	2.0	1020	$1,800	$1.76	24d	1	0.74mi
919 Macon Dr Titusville, FL	3.0	2.0	1620	$2,000	$1.23	24d	1	0.77mi
2965 La Cita Ln Titusville, FL	3.0	2.0	1456	$2,200	$1.51	15d	1	0.78mi
1081 Solamere Dr Titusville, FL	1.0–3.0	1.0–2.0	1331	$1,872	$1.41	15d	17	0.80mi
888 Macon Dr Titusville, FL	3.0	2.0	1865	$2,000	$1.07	24d	1	0.81mi
1885 White Sands Dr Titusville, FL	3.0	2.0	1800	$2,400	$1.33	15d	1	0.82mi
1965 Dipol Courtway Titusville, FL	3.0	2.5	1669	$1,775	$1.06	24d	1	0.83mi
2605 S Park Ave Titusville, FL	3.0	2.5	1525	$1,950	$1.28	24d	1	0.87mi
680 Birchwood Ln Titusville, FL	3.0	2.0	1440	$1,900	$1.32	24d	1	0.90mi
1279 Macon Dr Titusville, FL	3.0	2.0	1620	$2,000	$1.23	24d	1	0.90mi
1696 S Park Ave Titusville, FL	2.0	2.5	1300	$1,850	$1.42	24d	1	0.96mi
2999 Sir Hamilton Cir #9 Titusville, FL	2.0	1.0	960	$1,250	$1.30	24d	1	0.97mi
3119 Sir Hamilton Cir Titusville, FL	2.0	1.0	960	$1,250	$1.30	15d	1	1.01mi
3035 Sir Hamilton Cir Titusville, FL	2.0	2.0	960	$1,400	$1.46	15d	1	1.02mi
3039 Sir Hamilton Cir #8 Titusville, FL	2.0	2.0	960	$1,500	$1.56	24d	1	1.02mi
3021 Sir Hamilton Cir Titusville, FL	2.0	2.0	1040	$1,275	$1.23	24d	1	1.02mi
1640 Elizabeth Ave Titusville, FL	3.0	2.0	1319	$2,100	$1.59	24d	1	1.03mi
3147 Sir Hamilton Cir #10 Titusville, FL	2.0	1.0	960	$1,400	$1.46	24d	1	1.06mi
1590 S Deleon Ave Titusville, FL	3.0	1.0	1072	$1,600	$1.49	24d	1	1.13mi
1635 Nassau St Titusville, FL	3.0	2.0	1161	$1,900	$1.64	20d	1	1.15mi
4171 David Dr Titusville, FL	2.0	1.0	900	$1,075	$1.19	24d	1	1.32mi
3433 Joe Murell Dr Titusville, FL	2.0	1.5	1088	$1,500	$1.38	24d	1	1.35mi
3165 South St Titusville, FL	2.0	2.0	928	$1,695	$1.83	24d	1	1.44mi
1825 Riverside Dr Titusville, FL	2.0	2.0	1201	$2,555	$2.13	15d	3	1.47mi

HOA detail condo

• Monthly dues: $200 · $2,400/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 16 events

1. 2026-06-16
   statusdays on market $160,000 Pending 56 DOM
2. 2026-06-15
   days on market $160,000 Active 55 DOM
3. 2026-06-14
   days on market $160,000 Active 53 DOM
4. 2026-06-10
   days on market $160,000 Active 50 DOM
5. 2026-06-08
   days on market $160,000 Active 48 DOM
6. 2026-06-07
   days on market $160,000 Active 47 DOM
7. 2026-06-05
   days on market $160,000 Active 44 DOM
8. 2026-06-03
   days on market $160,000 Active 43 DOM
9. 2026-06-02
   days on market $160,000 Active 42 DOM
10. 2026-06-01
    days on market $160,000 Active 41 DOM
11. 2026-05-31
    days on market $160,000 Active 40 DOM
12. 2026-05-31
    days on market $160,000 Active 39 DOM
13. 2026-05-13
    status Active
14. 2026-04-29
    historical Active Under Contract
15. 2026-04-21
    listed $160,000 Active
16. 2026-04-07
    historical $160,000

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°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: $21,195
• − Mortgage interest: −$8,962
• − Property taxes: −$2,400
• − Insurance: −$800
• − Repairs & maintenance: −$1,696
• − Management: −$1,696
• − HOA: −$2,400
• − Depreciation: −$4,655
• Taxable loss: −$1,414
• Est. tax savings @ 24.0%: +$339
• After-tax cash flow: $1,414/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 end unit townhome in Titusville offers a good condition with a functional layout and serene park-like views. It is move-in ready with minor cosmetic updates that can significantly increase its value.

Value-add opportunities

• Both Paint exterior trim — Enhances curb appeal and can increase both resale and rental value.
• Both Clean gutters — Improves drainage and can increase both resale and rental value.

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior trim — Enhances curb appeal and can increase both resale and rental value. ↑
• Both Clean gutters — Improves drainage and can increase both resale and rental value. ↑

ⓘ 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: 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): 40,064
• Household income: $67,690
• Rent vs Own: 28.2% rent · 71.8% own
• Severe rent burden: 1141.0

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 (70%)
• Race & ethnicity: White 70% Black 13% Hispanic / Latino 8% Two or more races 8% Asian 3%
• Hispanic origin (detail): Mexican 1% Puerto Rican 4% Cuban 1%
• Common ancestry: Romanian 2% Slovak 2% Lithuanian 2%
• Foreign-born: 8% · Canada, China
• Languages at home: 89% English-only · Spanish 6% Other Indo-European 1% German/W. Germanic 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: ▼ -162.54%
• Current HPI: 297.151
• Rent YoY: ▲ 1.29%
• 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

+0.0% since first listed

4 events — show timeline

• 2026-05-13 Relisted — SCMLS
• 2026-04-29 Contingent — SCMLS
• 2026-04-21 Listed $160,000 SCMLS
• 2026-04-07 Coming Soon $160,000 SCMLS