703 Venus Dr · Cocoa West, FL 32926

$199,900

2 bd · 2.0 ba · 1,044 sqft · SingleFamily public records · 419 Days on market

Built 1973 4,792 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 +10.5/30.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Rent growth +3.9/5.0
• Livability +3.5/5.0
• DSCR +3.0/10.0
• 1% rule +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for an investment property or a starter home? This property is a 1/2 Duplex that is Tenant Occupied with NO HOA. House sits on a corner lot with a screened-in front porch, 1-car carport and the back yard is completely fenced-in. Property features two bedrooms and one bathroom with indoor laundry. Good Income Producing Property. Fixer Upper. Tenant occupied and the Tenants would like to stay. Do not disturb the tenants. Please call to schedule your appointment today.

Key facts

• Renovated duplex
• Updated flooring
• Quiet neighborhood

Tags

• RENOVATED DUPLEX
• BRAND-NEW KITCHEN CABINETS
• UPDATED FLOORING
• REMODELED BATHROOMS
• QUIET NEIGHBORHOOD

Property features AI

Finance

• Other: No lease restrictions; Universal property ID on file

Exterior

• Parking: Carport (1 space)
• Utilities: Electricity connected; Public utilities; No water source specified; No sewer specified
• Home design: Residential half duplex; Single-story; South-facing; Entry level: One
• Construction: Block and stucco construction; Shingle roof; Slab foundation; Built on a 0.11-acre lot
• Exterior features: Balcony; Asphalt road access

Interior

• Kitchen: Microwave; Range
• Bedrooms: 3 bedrooms
• Flooring: Laminate
• Bathrooms: 1 full bath; 1 half bath
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Stone counters
• Laundry & utility: Inside laundry

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $-103 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $182k (9.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $152k (24.2% below list).
• Recommended offer: $152k (24.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#481 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: schools F, amenities F, commute F.
• 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; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 20d 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 $6k 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 419 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y ago; this cycle's ask has dropped $20k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $125k; list at $200k implies a 60% 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; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $151,502 (24.2% 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 419 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. Built in 1973 — 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 F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 0.76% ✗
• Cap rate: 5.68%
• Cash-on-cash: -2.20%
• DSCR: 0.90
• GRM: 11.0

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: -17.3%
• Equity multiple: 0.38×
• Total profit: $-34,885
• Equity at exit: $29,806

10-year hold

• IRR: -5.3%
• Equity multiple: 0.62×
• Total profit: $-21,300
• Equity at exit: $17,284

Cash invested: $55,972 (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 32926

• Home prices YoY: -16.9%
• Rents YoY: 5.6%
• Active inventory: 291
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $1,515 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$168 /mo · $2,014/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$318
• Net cashflow: $-103

Break-even live

Break-even rent $1,645

Max offer price $181,784

Occupancy floor —

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
739 Lunar Lake Cir Cocoa, FL	2.0	1.0	814	$1,100	$1.35	23d	1	0.07mi
706 Lunar Lake Cir Unit B Cocoa, FL	2.0	2.0	843	$1,450	$1.72	19d	1	0.13mi
2449 Mercury Dr Cocoa, FL	2.0	2.0	984	$1,650	$1.68	21d	1	0.22mi
2467 Mercury Dr Cocoa, FL	2.0	1.5	814	$1,400	$1.72	23d	1	0.22mi
902 Canal Dr Cocoa, FL	2.0	1.0	928	$1,350	$1.45	14d	1	0.38mi
2506 Stratford Dr Cocoa, FL	3.0	1.5	936	$1,700	$1.82	23d	1	0.45mi
412 Country Lane Dr Cocoa, FL	2.0	1.0	816	$1,300	$1.59	14d	1	0.52mi
1711 Dixon Blvd #246 Cocoa, FL	2.0	1.0	837	$1,350	$1.61	14d	1	0.71mi
1711 Dixon Blvd Cocoa, FL	2.0	1.0	740	$1,262	$1.70	19d	2	0.76mi
1616 Terrace St Cocoa, FL	3.0	2.0	850	$1,600	$1.88	23d	1	0.89mi
1660 Rosetine St Unit 1 Cocoa, FL	2.0	2.0	1200	$1,645	$1.37	19d	1	1.09mi
4164 Fishermans Pl Cocoa, FL	2.0	2.0	1200	$1,625	$1.35	23d	1	1.10mi
305 Laredo Dr Cocoa, FL	1.0–3.0	1.0–2.0	1481	$2,002	$1.35	14d	28	1.21mi
330 Palm Ave Unit PAL332 Cocoa, FL	2.0	1.0	700	$1,200	$1.71	23d	1	1.27mi
1515 Peachtree St Cocoa, FL	3.0	2.0	1056	$1,475	$1.40	23d	1	1.28mi
302 Palm Ave Cocoa, FL	2.0	1.0	820	$1,600	$1.95	14d	1	1.30mi
1524 Clearlake Rd Cocoa, FL	1.0–2.0	1.0	720	$1,822	$2.53	19d	6	1.38mi
1514 Clearlake Rd #110 Cocoa, FL	2.0	2.0	1070	$1,295	$1.21	23d	1	1.43mi
1105 Myrtle Ln Cocoa, FL	3.0	1.5	1232	$1,800	$1.46	14d	1	1.44mi
317 Pineda St Unit B Cocoa, FL	2.0	1.0	984	$1,200	$1.22	14d	1	1.46mi
1202 Princeton Rd Cocoa, FL	3.0	2.0	1473	$2,150	$1.46	23d	1	1.47mi

Listing history 31 events

1. 2026-06-18
   days on market $199,900 Active 419 DOM
2. 2026-06-17
   days on market $199,900 Active 418 DOM
3. 2026-06-16
   days on market $199,900 Active 417 DOM
4. 2026-06-15
   days on market $199,900 Active 416 DOM
5. 2026-06-14
   days on market $199,900 Active 414 DOM
6. 2026-06-10
   days on market $199,900 Active 411 DOM
7. 2026-06-08
   days on market $199,900 Active 409 DOM
8. 2026-06-07
   days on market $199,900 Active 408 DOM
9. 2026-06-05
   days on market $199,900 Active 405 DOM
10. 2026-06-03
    days on market $199,900 Active 404 DOM
11. 2026-06-02
    days on market $199,900 Active 403 DOM
12. 2026-06-01
    days on market $199,900 Active 402 DOM
13. 2026-05-31
    days on market $199,900 Active 401 DOM
14. 2026-05-31
    days on market $199,900 Active 400 DOM
15. 2026-03-25
    price $199,900
16. 2026-01-09
    price $203,000
17. 2025-06-05
    price $210,000
18. 2025-05-22
    price $215,000
19. 2025-04-25
    listed $220,000 Active
20. 2023-08-03
    soldstatus $125,000 Closed 478-char remark

    Show marketing remark (460 chars)

    Looking for an Investment Property? This property is a 1/2 Duplex that is Tenant Occupied with NO HOA. House sits on a corner lot with a screened-in front porch, 1-car carport and the back yard is completely fenced-in. Property features two bedrooms and one bathroom with indoor laundry. Good Income Producing Property. Fixer Upper. Tenant occupied and the Tenants would like to stay. Do not disturb the tenants. Please call to schedule your appointment today.

21. 2023-08-03
    soldstatus $125,000 Closed 460-char remark

    Show marketing remark (460 chars)

    Looking for an Investment Property? This property is a 1/2 Duplex that is Tenant Occupied with NO HOA. House sits on a corner lot with a screened-in front porch, 1-car carport and the back yard is completely fenced-in. Property features two bedrooms and one bathroom with indoor laundry. Good Income Producing Property. Fixer Upper. Tenant occupied and the Tenants would like to stay. Do not disturb the tenants. Please call to schedule your appointment today.

22. 2023-06-14
    status Pending 478-char remark

    Show marketing remark (460 chars)

    Looking for an Investment Property? This property is a 1/2 Duplex that is Tenant Occupied with NO HOA. House sits on a corner lot with a screened-in front porch, 1-car carport and the back yard is completely fenced-in. Property features two bedrooms and one bathroom with indoor laundry. Good Income Producing Property. Fixer Upper. Tenant occupied and the Tenants would like to stay. Do not disturb the tenants. Please call to schedule your appointment today.

23. 2023-06-14
    status Pending 460-char remark

    Show marketing remark (460 chars)

    Looking for an Investment Property? This property is a 1/2 Duplex that is Tenant Occupied with NO HOA. House sits on a corner lot with a screened-in front porch, 1-car carport and the back yard is completely fenced-in. Property features two bedrooms and one bathroom with indoor laundry. Good Income Producing Property. Fixer Upper. Tenant occupied and the Tenants would like to stay. Do not disturb the tenants. Please call to schedule your appointment today.

24. 2023-06-13
    listed $129,000 Active 460-char remark

    Show marketing remark (460 chars)

    Looking for an Investment Property? This property is a 1/2 Duplex that is Tenant Occupied with NO HOA. House sits on a corner lot with a screened-in front porch, 1-car carport and the back yard is completely fenced-in. Property features two bedrooms and one bathroom with indoor laundry. Good Income Producing Property. Fixer Upper. Tenant occupied and the Tenants would like to stay. Do not disturb the tenants. Please call to schedule your appointment today.

25. 2023-06-13
    historical

    Show marketing remark (460 chars)

    Looking for an Investment Property? This property is a 1/2 Duplex that is Tenant Occupied with NO HOA. House sits on a corner lot with a screened-in front porch, 1-car carport and the back yard is completely fenced-in. Property features two bedrooms and one bathroom with indoor laundry. Good Income Producing Property. Fixer Upper. Tenant occupied and the Tenants would like to stay. Do not disturb the tenants. Please call to schedule your appointment today.

26. 2023-06-06
    listed $129,900 Active 478-char remark

    Show marketing remark (478 chars)

    Looking for an investment property or a starter home? This property is a 1/2 Duplex that is Tenant Occupied with NO HOA. House sits on a corner lot with a screened-in front porch, 1-car carport and the back yard is completely fenced-in. Property features two bedrooms and one bathroom with indoor laundry. Good Income Producing Property. Fixer Upper. Tenant occupied and the Tenants would like to stay. Do not disturb the tenants. Please call to schedule your appointment today.

27. 2023-05-23
    price $129,900
28. 2023-05-11
    listed $140,000 Active
29. 2007-07-24
    soldstatus $85,000
30. 1998-06-03
    soldstatus $32,000
31. 1980-12-01
    soldstatus $35,500

ⓘ 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: $2,014 · $168/mo
• Projected year-2 tax: $2,014 · $168/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 5/10 Major
• 🌡 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: $18,180
• − Mortgage interest: −$11,198
• − Property taxes: −$2,014
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,454
• − Management: −$1,454
• − Depreciation: −$5,815
• Taxable loss: −$4,755
• Est. tax savings @ 24.0%: +$1,141
• After-tax cash flow: $-89/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 West

• Score: 69/100
• State rank: #481
• US rank: #8792

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cocoa West, FL
• County: Brevard County · 602,871 people
• 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

+463.1% since first listed

17 events — show timeline

• 2026-03-25 Price Changed $199,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-09 Price Changed $203,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-05 Price Changed $210,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-22 Price Changed $215,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-25 Listed $220,000 Stellar MLS as Distributed by MLS Grid
• 2023-08-03 Sold (MLS) $125,000 Stellar MLS as Distributed by MLS Grid
• 2023-08-03 Sold (MLS) $125,000 SCMLS
• 2023-06-14 Pending — SCMLS
• 2023-06-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-06-13 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2023-06-13 Listed $129,000 Stellar MLS as Distributed by MLS Grid
• 2023-06-06 Listed $129,900 SCMLS
• 2023-05-23 Price Changed $129,900 Stellar MLS as Distributed by MLS Grid
• 2023-05-11 Listed $140,000 Stellar MLS as Distributed by MLS Grid
• 2007-07-24 Sold (Public Records) $85,000 Public Records
• 1998-06-03 Sold (Public Records) $32,000 Public Records
• 1980-12-01 Sold (Public Records) $35,500 Public Records

Property tax history

+7.0%/yr

Latest (2025): $2,014 · +4.1% YoY. Source: county tax records.