1044 Bellefonte Ave · Cocoa, FL 32922

$140,000

3 bd · 2.0 ba · 1,490 sqft · SingleFamily public records · 11 Days on market

Built 1951 0.29 ac lot

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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 +22.8/30.0
• ARV discount +7.5/15.0
• DSCR +7.3/10.0
• 1% rule +6.9/10.0
• Schools +4.7/10.0
• Livability +3.6/5.0
• Rent growth +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

New, New, New! It's all new and oh so beautiful. This large 4 bedroom home near to Cocoa Village is some much house for the money. Tasteful updates abound including granite countertops, stunning backsplash, rectangular tile in all the living spaces, new partial shingle roof, new a/c, new water heater, new and updated electrical, new plumbing, new paint inside and out, new carpet in the bedrooms and more! In addition to the pristine condition of this lovely home is a huge bonus room, currently used for storage, but add a mini-split a/c and you have a huge office or mother-in-law suite with a seperate entrance. All this plus a GIANT lot with tons of space for the kids or fur babies to run. There are so many reasons to love this home, call to schedule your appointment to see it today

Key facts

• Spacious lot
• Cbs construction
• Big-ticket items new

Tags

• CBS CONSTRUCTION
• SPACIOUS LOT
• MOMENTS AWAY FROM LOCAL PARKS
• MOMENTS AWAY FROM WATERFRONT
• MOMENTS AWAY FROM SCHOOLS
• BIG-TICKET ITEMS NEW

Property features AI

Finance

• Other: Pets allowed; Lot approximately 0.29 acres; Living area reported as 1,490 (building area total reported as 1,716)

Exterior

• Parking: Other parking
• Utilities: Public sewer; Water connected; Electricity connected; Cable connected; Sewer connected
• Home design: Single-family residence; One-story; South-facing entry
• Construction: Block, concrete and stucco construction; Membrane and shingle roof; Built with foundation consistent with block/concrete construction
• Exterior features: Patio; Chain link fencing; Other outbuilding/structure

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Terrazzo; Tile; Other
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Breakfast bar; Ceiling fans; Open floorplan; Primary bathroom has shower (no tub); Split-bedroom layout; Walk-in closet(s)
• Laundry & utility: Washer hookup; Electric dryer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $244 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).

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; 23 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).
• At $1,671/mo this rent would consume 45% of the median local household income ($44k/yr) (locally 1007% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $968 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 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 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 $109k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,000

Questions for the listing agent

1. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.19% ✓
• Cap rate: 8.39%
• Cash-on-cash: 7.48%
• DSCR: 1.33
• GRM: 7.0

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: -3.4%
• Equity multiple: 0.87×
• Total profit: $-5,110
• Equity at exit: $20,874

10-year hold

• IRR: 7.7%
• Equity multiple: 1.61×
• Total profit: $24,030
• Equity at exit: $12,105

Cash invested: $39,200 (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: 7.0×

Monthly cashflow live

• Estimated rent: $1,671 high
• Mortgage (P&I): −$734
• Tax from tax record: −$283 /mo · $3,396/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$351
• Net cashflow: $244

Break-even live

Break-even rent $1,361

Max offer price $140,000

Occupancy floor 80%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
420 N Fiske Blvd Cocoa, FL	3.0	1.5	1382	$1,695	$1.23	23d	1	0.15mi
305 Prospect Ave Cocoa, FL	3.0	1.0	1180	$1,595	$1.35	23d	1	0.19mi
317 Pineda St Unit B Cocoa, FL	2.0	1.0	984	$1,200	$1.22	14d	1	0.19mi
305 Edinburgh Dr Cocoa, FL	3.0	1.5	1280	$1,750	$1.37	23d	1	0.23mi
1010 N Fiske Blvd Cocoa, FL	2.0	1.0–1.5	750	$1,275	$1.70	14d	8	0.51mi
118 Olive St Cocoa, FL	2.0	1.0	933	$1,350	$1.45	23d	1	0.65mi
1105 Myrtle Ln Cocoa, FL	3.0	1.5	1232	$1,800	$1.46	14d	1	0.66mi
1515 Peachtree St Cocoa, FL	3.0	2.0	1056	$1,475	$1.40	23d	1	0.68mi
516 Donley St Cocoa, FL	2.0	2.0	1485	$1,800	$1.21	19d	1	0.73mi
616 S Kentucky Ave Cocoa, FL	3.0	1.0	960	$1,600	$1.67	19d	1	0.73mi
802 Forrest Ave Unit B Cocoa, FL	2.0	1.0	1000	$1,500	$1.50	23d	1	0.73mi
39 Carmalt St Unit B Cocoa, FL	2.0	1.0	1514	$1,550	$1.02	23d	1	0.76mi
14 Carmalt St Unit CSB105 Cocoa, FL	2.0	1.0	1000	$1,300	$1.30	23d	1	0.80mi
301 Forrest Ave Cocoa, FL	2.0	1.0–2.0	619	$1,699	$2.74	23d	5	0.81mi
613 Paw Paw St Apt A Cocoa, FL	2.0	1.0	1104	$1,175	$1.06	23d	1	0.89mi
801 Washington St Unit A Cocoa, FL	3.0	1.5	1000	$1,760	$1.76	23d	1	0.95mi
1105 Santa Rosa Dr Rockledge, FL	3.0	2.0	1096	$2,000	$1.82	23d	1	1.01mi
1607 Amalfi Dr Cocoa, FL	3.0–4.0	2.0	1750	$2,488	$1.42	13d	5	1.10mi
944 Kentucky Ave Rockledge, FL	3.0	2.0	1236	$1,945	$1.57	19d	1	1.11mi
1706 Pineda St Cocoa, FL	3.0	2.0	1020	$1,700	$1.67	23d	1	1.29mi
295 Royal Tern CIR Rockledge, FL	1.0–3.0	1.0–2.0	1020	$2,467	$2.42	14d	33	1.32mi
1202 Princeton Rd Cocoa, FL	3.0	2.0	1473	$2,150	$1.46	23d	1	1.33mi
1147 Manatee Dr Rockledge, FL	3.0	2.0	1810	$2,095	$1.16	19d	1	1.41mi

Listing history 19 events

1. 2026-06-09
   status $140,000 Pending 11 DOM
2. 2026-06-08
   days on market $140,000 Active 11 DOM
3. 2026-06-07
   days on market $140,000 Active 10 DOM
4. 2026-06-05
   days on market $140,000 Active 7 DOM
5. 2026-06-03
   days on market $140,000 Active 6 DOM
6. 2026-06-02
   days on market $140,000 Active 5 DOM
7. 2026-06-01
   days on market $140,000 Active 4 DOM
8. 2026-05-31
   days on market $140,000 Active 3 DOM
9. 2026-05-31
   days on market $140,000 Active 2 DOM
10. 2026-05-28
    listed $140,000 Active
11. 2018-12-05
    soldstatus $109,000
12. 2018-10-10
    soldstatus $109,000 791-char remark

    Show marketing remark (791 chars)

    New, New, New! It's all new and oh so beautiful. This large 4 bedroom home near to Cocoa Village is some much house for the money. Tasteful updates abound including granite countertops, stunning backsplash, rectangular tile in all the living spaces, new partial shingle roof, new a/c, new water heater, new and updated electrical, new plumbing, new paint inside and out, new carpet in the bedrooms and more! In addition to the pristine condition of this lovely home is a huge bonus room, currently used for storage, but add a mini-split a/c and you have a huge office or mother-in-law suite with a seperate entrance. All this plus a GIANT lot with tons of space for the kids or fur babies to run. There are so many reasons to love this home, call to schedule your appointment to see it today

13. 2018-07-08
    listed $128,900 791-char remark

    Show marketing remark (791 chars)

    New, New, New! It's all new and oh so beautiful. This large 4 bedroom home near to Cocoa Village is some much house for the money. Tasteful updates abound including granite countertops, stunning backsplash, rectangular tile in all the living spaces, new partial shingle roof, new a/c, new water heater, new and updated electrical, new plumbing, new paint inside and out, new carpet in the bedrooms and more! In addition to the pristine condition of this lovely home is a huge bonus room, currently used for storage, but add a mini-split a/c and you have a huge office or mother-in-law suite with a seperate entrance. All this plus a GIANT lot with tons of space for the kids or fur babies to run. There are so many reasons to love this home, call to schedule your appointment to see it today

14. 2008-03-14
    soldstatus $106,000
15. 2008-02-29
    soldstatus $106,000 143-char remark

    Show marketing remark (143 chars)

    Close to everyting, this 4 bedroom home features a new roof, lots of storage, living room, and Florida room, large fenced corner lot, and more.

16. 2007-09-25
    listed $109,000 143-char remark

    Show marketing remark (143 chars)

    Close to everyting, this 4 bedroom home features a new roof, lots of storage, living room, and Florida room, large fenced corner lot, and more.

17. 2007-05-15
    soldstatus $66,000
18. 1999-03-22
    soldstatus $54,000
19. 1985-12-01
    soldstatus $40,000

ⓘ 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: $3,396 · $283/mo
• Projected year-2 tax: $3,396 · $283/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 · 24 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: $20,049
• − Mortgage interest: −$7,842
• − Property taxes: −$3,396
• − Insurance: −$700
• − Repairs & maintenance: −$1,604
• − Management: −$1,604
• − Depreciation: −$4,073
• Taxable income: $830
• Est. tax owed @ 24.0%: −$199
• After-tax cash flow: $2,733/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

+250.0% since first listed

10 events — show timeline

• 2026-05-28 Listed $140,000 SCMLS
• 2018-12-05 Sold (Public Records) $109,000 Public Records
• 2018-10-10 Sold (MLS) $109,000 SCMLS
• 2018-07-08 Listed $128,900 SCMLS
• 2008-03-14 Sold (Public Records) $106,000 Public Records
• 2008-02-29 Sold (MLS) $106,000 SCMLS
• 2007-09-25 Listed $109,000 SCMLS
• 2007-05-15 Sold (Public Records) $66,000 Public Records
• 1999-03-22 Sold (Public Records) $54,000 Public Records
• 1985-12-01 Sold (Public Records) $40,000 Public Records

Property tax history

+12.0%/yr

Latest (2025): $3,396 · +6.0% YoY. Source: county tax records.