194 Rosewood Dr · Cocoa, FL 32926

$159,900

2 bd · 2.0 ba · 1,218 sqft · Manufactured public records · 99 Days on market

Built 1991 0.53 ac lot $115/mo HOA · 6% 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 +21.8/30.0
• ARV discount +7.5/15.0
• DSCR +7.0/10.0
• 1% rule +6.3/10.0
• Schools +4.7/10.0
• Rent growth +3.9/5.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Well-maintained 2-bedroom, 2-bath manufactured home in a 55+ community with a desirable split floor plan that offers both privacy and comfort. The spacious living room provides plenty of room to relax or entertain, while the dining area features attractive built-ins that add both character and storage. Just off the kitchen, a cozy breakfast nook is the perfect spot to start the day. Both bedrooms include generous walk-in closets, and the layout makes great use of space throughout the home. Enjoy the Florida lifestyle year-round in the large Florida room--ideal for morning coffee, hobbies, or hosting friends. Accessibility is made easy with a convenient wheelchair lift. Outside, you'll find a storage shed that includes the washer and dryer along with plenty of additional storage space. This home clearly shows pride of ownership and has been lovingly cared for. Opportunities like this don't come around often--this one truly won't last.

Key facts

• Breakfast nook
• Split floor plan
• Florida room

Tags

• SPLIT FLOOR PLAN
• BREAKFAST NOOK
• FLORIDA ROOM
• STORAGE SHED

Property features AI

Finance

• Other: Property zoned residential; Lot irregularity on approximately 0.53 acres
• HOA & community: Monthly HOA fee of $115 (association approval required); Association listed as Nancy Monette; Senior community; Dogs allowed

Exterior

• Parking: Driveway parking; Off-street parking; Golf cart parking; 1-car carport
• Utilities: Public water; Public sewer; Electricity available; Water connected; Cable available; Asphalt road access
• Home design: Manufactured double-wide home; One story; East facing
• Construction: Vinyl siding; Shingle roof; Other foundation
• Exterior features: Covered, enclosed and screened porch/patio; Front porch; Patio; Awning(s); Shed(s)

Interior

• Kitchen: Microwave; Range; Refrigerator; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Built-in features; Ceiling fans; Eat-in kitchen; Formal dining; Open floor plan; Split bedroom layout; Walk-in closets; Window treatments; Blinds
• Laundry & utility: Laundry room; Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $160k.

Deal economics

• At list price, monthly cash flow is $249 ($3k/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: $146k (9.0% below list) — sets the bar for market timing.

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.
• Market conditions: Rents rising fast (+5.6%/yr); 291 active listings in the ZIP; 5 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 ($71k/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.
• At projected returns (-3.0% appreciation + 5.6% rent growth), your $45k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 99 days — a 9% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 19y ago 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.
• Current owner paid $72k; list at $160k implies a 124% gain — meaningful room to come down on a strong offer.

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 $145,509 (9.0% below list)

Questions for the listing agent

1. It's been on market 99 days. Have you received any prior offers? Is the seller open to a 9% 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. 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. 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?
6. 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?
7. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
8. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
9. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
10. 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.
11. 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.
12. 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: 1.13% ✓
• Cap rate: 8.16%
• Cash-on-cash: 6.67%
• DSCR: 1.30
• GRM: 7.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 5.6% rent growth · sell at horizon

5-year hold

• IRR: -3.0%
• Equity multiple: 0.88×
• Total profit: $-5,154
• Equity at exit: $23,842

10-year hold

• IRR: 9.6%
• Equity multiple: 1.83×
• Total profit: $37,132
• Equity at exit: $13,825

Cash invested: $44,772 (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 32926

• Home prices YoY: -16.9%
• Rents YoY: 5.6%
• Active inventory: 291
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,801 high
• Mortgage (P&I): −$839
• Tax from tax record: −$154 /mo · $1,847/yr
• Insurance: −$67
• HOA: −$115
• Vacancy / Maint / Mgmt: −$378
• Net cashflow: $249

Break-even live

Break-even rent $1,486

Max offer price $159,900

Occupancy floor 81%

Sensitivity live

Price	-10% $339	-5% $294	+0% $249	+5% $204	+10% $158
Rent	-10% $107	-5% $178	+0% $249	+5% $320	+10% $391
Rate	-1.0pp $329	-0.5pp $290	base $249	+0.5pp $207	+1.0pp $165

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: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
527 A Ln Cocoa, FL	3.0	1.0	1500	$1,800	$1.20	24d	1	0.69mi
6500 June Dr Cocoa, FL	2.0	1.0	720	$1,500	$2.08	24d	1	0.84mi
3782 Catalina Dr Cocoa, FL	3.0	2.0	1404	$2,075	$1.48	24d	1	1.08mi
557 Cox St Cocoa, FL	3.0	1.0	814	$1,730	$2.13	24d	1	1.20mi
4164 Fishermans Pl Cocoa, FL	2.0	2.0	1200	$1,625	$1.35	24d	1	1.39mi

HOA detail

• Monthly dues: $115 · $1,380/yr

Listing history 27 events

1. 2026-06-18
   days on market $159,900 Active 99 DOM
2. 2026-06-17
   days on market $159,900 Active 98 DOM
3. 2026-06-16
   days on market $159,900 Active 97 DOM
4. 2026-06-15
   days on market $159,900 Active 96 DOM
5. 2026-06-14
   days on market $159,900 Active 94 DOM
6. 2026-06-10
   days on market $159,900 Active 91 DOM
7. 2026-06-08
   days on market $159,900 Active 89 DOM
8. 2026-06-07
   days on market $159,900 Active 88 DOM
9. 2026-06-05
   days on market $159,900 Active 85 DOM
10. 2026-06-03
    days on market $159,900 Active 84 DOM
11. 2026-06-02
    days on market $159,900 Active 83 DOM
12. 2026-06-01
    days on market $159,900 Active 82 DOM
13. 2026-05-31
    days on market $159,900 Active 81 DOM
14. 2026-05-31
    days on market $159,900 Active 80 DOM
15. 2026-04-22
    price $159,900

    Show marketing remark (947 chars)

    Well-maintained 2-bedroom, 2-bath manufactured home in a 55+ community with a desirable split floor plan that offers both privacy and comfort. The spacious living room provides plenty of room to relax or entertain, while the dining area features attractive built-ins that add both character and storage. Just off the kitchen, a cozy breakfast nook is the perfect spot to start the day. Both bedrooms include generous walk-in closets, and the layout makes great use of space throughout the home. Enjoy the Florida lifestyle year-round in the large Florida room--ideal for morning coffee, hobbies, or hosting friends. Accessibility is made easy with a convenient wheelchair lift. Outside, you'll find a storage shed that includes the washer and dryer along with plenty of additional storage space. This home clearly shows pride of ownership and has been lovingly cared for. Opportunities like this don't come around often--this one truly won't last.

16. 2026-04-22
    price $159,900 947-char remark

    Show marketing remark (947 chars)

    Well-maintained 2-bedroom, 2-bath manufactured home in a 55+ community with a desirable split floor plan that offers both privacy and comfort. The spacious living room provides plenty of room to relax or entertain, while the dining area features attractive built-ins that add both character and storage. Just off the kitchen, a cozy breakfast nook is the perfect spot to start the day. Both bedrooms include generous walk-in closets, and the layout makes great use of space throughout the home. Enjoy the Florida lifestyle year-round in the large Florida room--ideal for morning coffee, hobbies, or hosting friends. Accessibility is made easy with a convenient wheelchair lift. Outside, you'll find a storage shed that includes the washer and dryer along with plenty of additional storage space. This home clearly shows pride of ownership and has been lovingly cared for. Opportunities like this don't come around often--this one truly won't last.

17. 2026-03-11
    listed $165,000 Active

    Show marketing remark (947 chars)

    Well-maintained 2-bedroom, 2-bath manufactured home in a 55+ community with a desirable split floor plan that offers both privacy and comfort. The spacious living room provides plenty of room to relax or entertain, while the dining area features attractive built-ins that add both character and storage. Just off the kitchen, a cozy breakfast nook is the perfect spot to start the day. Both bedrooms include generous walk-in closets, and the layout makes great use of space throughout the home. Enjoy the Florida lifestyle year-round in the large Florida room--ideal for morning coffee, hobbies, or hosting friends. Accessibility is made easy with a convenient wheelchair lift. Outside, you'll find a storage shed that includes the washer and dryer along with plenty of additional storage space. This home clearly shows pride of ownership and has been lovingly cared for. Opportunities like this don't come around often--this one truly won't last.

18. 2026-03-11
    listed $165,000 Active 947-char remark

    Show marketing remark (947 chars)

    Well-maintained 2-bedroom, 2-bath manufactured home in a 55+ community with a desirable split floor plan that offers both privacy and comfort. The spacious living room provides plenty of room to relax or entertain, while the dining area features attractive built-ins that add both character and storage. Just off the kitchen, a cozy breakfast nook is the perfect spot to start the day. Both bedrooms include generous walk-in closets, and the layout makes great use of space throughout the home. Enjoy the Florida lifestyle year-round in the large Florida room--ideal for morning coffee, hobbies, or hosting friends. Accessibility is made easy with a convenient wheelchair lift. Outside, you'll find a storage shed that includes the washer and dryer along with plenty of additional storage space. This home clearly shows pride of ownership and has been lovingly cared for. Opportunities like this don't come around often--this one truly won't last.

19. 2016-08-16
    historical 220-char remark

    Show marketing remark (220 chars)

    Completely furnished. 2 Bd 2 Ba split plan. Kitchen with large dining area. New windows thru out whole house. Shed with washer & dryer, sink and overheade storage. Parking for golf cart and 2 cars. MOTIVATED SELLER

20. 2016-08-16
    historical

    Show marketing remark (220 chars)

    Completely furnished. 2 Bd 2 Ba split plan. Kitchen with large dining area. New windows thru out whole house. Shed with washer & dryer, sink and overheade storage. Parking for golf cart and 2 cars. MOTIVATED SELLER

21. 2015-06-30
    soldstatus $71,500
22. 2009-04-03
    soldstatus $64,500
23. 2009-03-20
    soldstatus $64,500
24. 2009-02-09
    listed $75,000
25. 2007-07-24
    listed $85,000
26. 2007-01-23
    listed $105,000 220-char remark

    Show marketing remark (220 chars)

    Completely furnished. 2 Bd 2 Ba split plan. Kitchen with large dining area. New windows thru out whole house. Shed with washer & dryer, sink and overheade storage. Parking for golf cart and 2 cars. MOTIVATED SELLER

27. 1998-10-27
    soldstatus $59,900

ⓘ 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: $1,847 · $154/mo
• Projected year-2 tax: $1,847 · $154/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 7/10 Severe
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°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: $21,614
• − Mortgage interest: −$8,957
• − Property taxes: −$1,847
• − Insurance: −$800
• − Repairs & maintenance: −$1,729
• − Management: −$1,729
• − HOA: −$1,380
• − Depreciation: −$4,652
• Taxable income: $522
• Est. tax owed @ 24.0%: −$125
• After-tax cash flow: $2,862/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 — 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

• County: Brevard County · 602,871 people
• City population: 67,424
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 23,505
• Household income: $70,735
• Rent vs Own: 20.3% rent · 79.7% own
• Severe rent burden: 782.0

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 (72%)
• Race & ethnicity: White 72% Black 11% Hispanic / Latino 10% Two or more races 9% Asian 2%
• Hispanic origin (detail): Mexican 5% Puerto Rican 2%
• Common ancestry: Romanian 2% Lithuanian 2% Italian 2%
• Foreign-born: 5% · Canada, Vietnam, Jamaica
• Languages at home: 91% English-only · Spanish 6% Vietnamese 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: ▼ -68.32%
• Current HPI: 335.1251
• Rent YoY: ▲ 5.60%
• 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

+166.9% since first listed

13 events — show timeline

• 2026-04-22 Price Changed $159,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-22 Price Changed $159,900 SCMLS
• 2026-03-11 Listed $165,000 SCMLS
• 2026-03-11 Listed $165,000 Stellar MLS as Distributed by MLS Grid
• 2016-08-16 Listing Removed — SCMLS
• 2016-08-16 Listing Removed — SCMLS
• 2015-06-30 Sold (Public Records) $71,500 Public Records
• 2009-04-03 Sold (Public Records) $64,500 Public Records
• 2009-03-20 Sold (MLS) $64,500 SCMLS
• 2009-02-09 Listed $75,000 SCMLS
• 2007-07-24 Listed $85,000 SCMLS
• 2007-01-23 Listed $105,000 SCMLS
• 1998-10-27 Sold (Public Records) $59,900 Public Records

Property tax history

+5.8%/yr

Latest (2025): $1,847 · +10.3% YoY. Source: county tax records.