3915 Mount Sterling Ave · Titusville, FL 32780

$149,900

3 bd · 2.0 ba · 1,140 sqft · Townhouse public records · 9 Days on market

Built 1980 1,742 sqft lot $70/mo HOA · 4% 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 +21.6/30.0
• ARV discount +7.5/15.0
• DSCR +6.9/10.0
• 1% rule +6.3/10.0
• Schools +4.7/10.0
• Livability +4.2/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 2-story townhome in a desirable Space Coast community just minutes from shopping, dining, major highways, beaches, and the Indian River! Enjoy coastal living and rocket launch views. Low HOA dues of only $70/month. This versatile 2-bedroom, 2.5-bath home is ideal as a primary residence, vacation getaway, or investment opportunity. The open-concept main level features tile flooring, a spacious great room, a well-appointed kitchen with ample cabinetry and counter space, plus a convenient half bath and in-unit laundry. Sliding doors lead to a bright Florida room overlooking a private fenced courtyard with no rear neighbors--perfect for relaxing, pets, or gardening. Upstairs offers two generously sized bedrooms, each with its own updated bathroom. Located just one block from the Indian River near fishing, parks, walking and biking trails, Kennedy Space Center, and everyday conveniences. Don't miss this opportunity to own in one of Titusville's most convenient locations!

Key facts

• $70 HOA
• Built 1980
• Listed 9 days

Property features AI

Finance

• Other: Zoning: R3
• Financial info: $840 total annual fees; No lease restrictions indicated
• HOA & community: HOA required; $70 monthly covering common area taxes; Association: Barbara Hensley; Deed restrictions; Pets allowed; Sidewalks as a community feature

Exterior

• Parking: Asphalt road access
• Utilities: Public water; Public sewer; Sewer connected; Public utilities
• Home design: Townhouse; Residential property; 2 stories; Faces north; Entry on two levels
• Construction: Block, frame and wood siding construction; Shingle roof; Slab foundation; Built with mixed materials
• Exterior features: Enclosed patio/rear porch; Sliding doors; Wood fencing; Landscaped lot; Sidewalks; Paved lot access; Mature landscaping

Interior

• Kitchen: Dishwasher
• Bedrooms: 2 bedrooms
• Flooring: Ceramic tile; Laminate
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Washer; Dryer; Electric water heater; Laundry inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath townhouse listed at $150k.

Deal economics

• At list price, monthly cash flow is $228 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).

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: Coquina Elementary School (math 38% / reading 45%, grade F, #1,437 of 2,144 statewide, top 68%, 557 students, 75% FRL); Titusville High School (math 33% / reading 52%, grade F, #264 of 667 statewide, top 41%, 1,314 students, 55% FRL) — zoned schools average 65% FRL vs 43% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 42% at this address vs 55% district-wide (-13 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 (+1.3%/yr); 462 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 2y 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 $88k; list at $150k implies a 70% 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; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $149,900

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 8.12%
• Cash-on-cash: 6.51%
• DSCR: 1.29
• GRM: 7.4

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: -8.3%
• Equity multiple: 0.70×
• Total profit: $-12,571
• Equity at exit: $22,351

10-year hold

• IRR: -1.3%
• Equity multiple: 0.92×
• Total profit: $-3,315
• Equity at exit: $12,961

Cash invested: $41,972 (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: 7.4×

Monthly cashflow live

• Estimated rent: $1,689 high
• Mortgage (P&I): −$786
• Tax from tax record: −$188 /mo · $2,253/yr
• Insurance: −$62
• HOA: −$70
• Vacancy / Maint / Mgmt: −$355
• Net cashflow: $228

Break-even live

Break-even rent $1,400

Max offer price $149,900

Occupancy floor 82%

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4050 Mount Sterling Ave Titusville, FL	3.0	1.0	960	$1,700	$1.77	14d	1	0.07mi
4124 Mount Vernon Ave Titusville, FL	2.0	1.0	901	$1,200	$1.33	14d	1	0.15mi
3805 S Hopkins Ave Titusville, FL	1.0–2.0	1.0	720	$1,790	$2.49	14d	7	0.16mi
190 E Olmstead Dr Titusville, FL	2.0–3.0	1.0–2.0	1091	$1,800	$1.65	23d	5	0.25mi
190 E Olmstead Dr Unit M1 Titusville, FL	2.0	2.0	1023	$1,800	$1.76	23d	1	0.26mi
4225 Abbott Ave Titusville, FL	3.0	1.0	1176	$1,600	$1.36	23d	1	0.45mi
3570 Sable Palm Ln Titusville, FL	1.0–2.0	1.0–2.0	779	$1,350	$1.73	21d	3	0.52mi
3555 Sable Palm Ln Unit 7K Titusville, FL	2.0	2.0	864	$1,300	$1.50	23d	1	0.52mi
3555 Sable Palm Ln Unit F Titusville, FL	2.0	2.0	864	$1,350	$1.56	23d	1	0.52mi
4171 David Dr Titusville, FL	2.0	1.0	900	$1,075	$1.19	23d	1	0.70mi
102 Court St Titusville, FL	1.0–2.0	1.0	721	$1,550	$2.15	23d	6	0.79mi
4749 Sisson Rd Titusville, FL	2.0	1.5	1140	$1,550	$1.36	23d	1	0.87mi
4793 Sisson Rd Titusville, FL	2.0	1.5	1140	$1,450	$1.27	23d	1	0.91mi
3039 Sir Hamilton Cir #8 Titusville, FL	2.0	2.0	960	$1,500	$1.56	23d	1	0.96mi
3021 Sir Hamilton Cir Titusville, FL	2.0	2.0	1040	$1,275	$1.23	23d	1	0.96mi
3035 Sir Hamilton Cir Titusville, FL	2.0	2.0	960	$1,400	$1.46	14d	1	0.96mi
3119 Sir Hamilton Cir Titusville, FL	2.0	1.0	960	$1,250	$1.30	14d	1	0.97mi
1039 Country Club Dr Titusville, FL	2.0	2.0	1020	$1,800	$1.76	23d	1	1.01mi
1041 Country Club Dr #426 Titusville, FL	2.0	2.0	1020	$1,800	$1.76	23d	1	1.01mi
1041 Country Club Dr Titusville, FL	2.0	2.0	1020	$1,900	$1.86	23d	1	1.01mi
3147 Sir Hamilton Cir #10 Titusville, FL	2.0	1.0	960	$1,400	$1.46	23d	1	1.02mi
2999 Sir Hamilton Cir #9 Titusville, FL	2.0	1.0	960	$1,250	$1.30	23d	1	1.04mi
1099 Country Club Dr #811 Titusville, FL	2.0	2.0	940	$1,800	$1.91	23d	1	1.06mi
2825 S Washington Ave Titusville, FL	2.0	1.0	613	$2,050	$3.34	14d	31	1.07mi
2825 S Washington Ave Titusville, FL	2.0	1.0	613	$2,050	$3.34	14d	31	1.07mi
1081 Solamere Dr Titusville, FL	1.0–3.0	1.0–2.0	1331	$2,101	$1.58	14d	17	1.11mi
3645 Barna Ave Titusville, FL	1.0–2.0	1.0	895	$1,350	$1.51	23d	4	1.14mi
1237 Country Club Dr Titusville, FL	2.0	2.0	970	$1,600	$1.65	23d	1	1.14mi
1209 Country Club Dr Titusville, FL	2.0	2.0	935	$1,700	$1.82	23d	1	1.14mi
1281 Cheney Hwy Unit E Titusville, FL	2.0	2.0	962	$1,450	$1.51	23d	1	1.15mi
2965 La Cita Ln Titusville, FL	3.0	2.0	1456	$2,200	$1.51	14d	1	1.15mi
680 Birchwood Ln Titusville, FL	3.0	2.0	1440	$1,900	$1.32	23d	1	1.17mi
1635 Nassau St Titusville, FL	3.0	2.0	1161	$1,900	$1.64	19d	1	1.17mi
1293 Cheney Hwy Unit G Titusville, FL	2.0	2.0	962	$1,389	$1.44	14d	1	1.22mi
1321 Cheney Hwy Titusville, FL	2.0	2.0	962	$1,600	$1.66	23d	1	1.24mi
1321 Cheney Hwy Unit F Titusville, FL	2.0	2.5	962	$1,500	$1.56	23d	1	1.24mi
2467 S Washington Ave Unit 210 B Titusville, FL	2.0	2.0	830	$1,800	$2.17	23d	1	1.25mi
605 Key Largo Dr S Titusville, FL	3.0	2.0	1416	$1,800	$1.27	23d	1	1.28mi
2465 S Washington Ave #108 Titusville, FL	2.0	2.0	830	$1,800	$2.17	23d	1	1.28mi
2465 S Washington Ave Unit A202 Titusville, FL	2.0	2.0	830	$1,900	$2.29	14d	1	1.28mi

HOA detail

• Monthly dues: $70 · $840/yr

Listing history 22 events

1. 2026-05-15
   status Pending 990-char remark

   Show marketing remark (990 chars)

   Charming 2-story townhome in a desirable Space Coast community just minutes from shopping, dining, major highways, beaches, and the Indian River! Enjoy coastal living and rocket launch views. Low HOA dues of only $70/month. This versatile 2-bedroom, 2.5-bath home is ideal as a primary residence, vacation getaway, or investment opportunity. The open-concept main level features tile flooring, a spacious great room, a well-appointed kitchen with ample cabinetry and counter space, plus a convenient half bath and in-unit laundry. Sliding doors lead to a bright Florida room overlooking a private fenced courtyard with no rear neighbors--perfect for relaxing, pets, or gardening. Upstairs offers two generously sized bedrooms, each with its own updated bathroom. Located just one block from the Indian River near fishing, parks, walking and biking trails, Kennedy Space Center, and everyday conveniences. Don't miss this opportunity to own in one of Titusville's most convenient locations!

2. 2026-05-15
   status Pending

   Show marketing remark (990 chars)

   Charming 2-story townhome in a desirable Space Coast community just minutes from shopping, dining, major highways, beaches, and the Indian River! Enjoy coastal living and rocket launch views. Low HOA dues of only $70/month. This versatile 2-bedroom, 2.5-bath home is ideal as a primary residence, vacation getaway, or investment opportunity. The open-concept main level features tile flooring, a spacious great room, a well-appointed kitchen with ample cabinetry and counter space, plus a convenient half bath and in-unit laundry. Sliding doors lead to a bright Florida room overlooking a private fenced courtyard with no rear neighbors--perfect for relaxing, pets, or gardening. Upstairs offers two generously sized bedrooms, each with its own updated bathroom. Located just one block from the Indian River near fishing, parks, walking and biking trails, Kennedy Space Center, and everyday conveniences. Don't miss this opportunity to own in one of Titusville's most convenient locations!

3. 2026-05-06
   listed $149,900 Active
4. 2026-05-05
   listed $149,900 Active 990-char remark

   Show marketing remark (990 chars)

   Charming 2-story townhome in a desirable Space Coast community just minutes from shopping, dining, major highways, beaches, and the Indian River! Enjoy coastal living and rocket launch views. Low HOA dues of only $70/month. This versatile 2-bedroom, 2.5-bath home is ideal as a primary residence, vacation getaway, or investment opportunity. The open-concept main level features tile flooring, a spacious great room, a well-appointed kitchen with ample cabinetry and counter space, plus a convenient half bath and in-unit laundry. Sliding doors lead to a bright Florida room overlooking a private fenced courtyard with no rear neighbors--perfect for relaxing, pets, or gardening. Upstairs offers two generously sized bedrooms, each with its own updated bathroom. Located just one block from the Indian River near fishing, parks, walking and biking trails, Kennedy Space Center, and everyday conveniences. Don't miss this opportunity to own in one of Titusville's most convenient locations!

5. 2025-09-11
   historical
6. 2025-09-11
   status Pending
7. 2025-09-11
   status Active
8. 2025-09-11
   status Pending
9. 2025-09-10
   listed $22,000 Active
10. 2025-08-10
    historical
11. 2025-05-28
    price $170,000
12. 2025-05-17
    price $154,900
13. 2025-05-07
    price $164,900
14. 2025-03-29
    price $169,900
15. 2025-03-17
    price $184,900
16. 2025-03-08
    listed $199,000 Active
17. 2025-03-01
    historical $199,000
18. 2025-01-13
    historical
19. 2024-11-03
    listed $209,999 Active
20. 2004-12-04
    soldstatus $88,000
21. 1985-08-01
    soldstatus $42,000
22. 1980-04-01
    soldstatus $33,900

ⓘ 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: $2,253 · $188/mo
• Projected year-2 tax: $2,253 · $188/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 4/10 Moderate FEMA zone X (unshaded) · 17% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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: $20,264
• − Mortgage interest: −$8,397
• − Property taxes: −$2,253
• − Insurance: −$750
• − Repairs & maintenance: −$1,621
• − Management: −$1,621
• − HOA: −$840
• − Depreciation: −$4,361
• Taxable income: $422
• Est. tax owed @ 24.0%: −$101
• After-tax cash flow: $2,632/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): 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

+342.2% since first listed

22 events — show timeline

• 2026-05-15 Pending — SCMLS
• 2026-05-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-06 Listed $149,900 Stellar MLS as Distributed by MLS Grid
• 2026-05-05 Listed $149,900 SCMLS
• 2025-09-11 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-09-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-09-11 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-09-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-09-10 Listed $22,000 Stellar MLS as Distributed by MLS Grid
• 2025-08-10 Listing Removed — SCMLS
• 2025-05-28 Price Changed $170,000 SCMLS
• 2025-05-17 Price Changed $154,900 SCMLS
• 2025-05-07 Price Changed $164,900 SCMLS
• 2025-03-29 Price Changed $169,900 SCMLS
• 2025-03-17 Price Changed $184,900 SCMLS
• 2025-03-08 Listed $199,000 SCMLS
• 2025-03-01 Coming Soon $199,000 SCMLS
• 2025-01-13 Listing Removed — SCMLS
• 2024-11-03 Listed $209,999 SCMLS
• 2004-12-04 Sold (Public Records) $88,000 Public Records
• 1985-08-01 Sold (Public Records) $42,000 Public Records
• 1980-04-01 Sold (Public Records) $33,900 Public Records

Property tax history

+8.5%/yr

Latest (2025): $2,253 · -4.0% YoY. Source: county tax records.