900 Camp Rd · Sharpes, FL 32927

$249,000

3 bd · 2.0 ba · 1,568 sqft · Manufactured public records · 24 Days on market

Built 1994 1.06 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 +21.8/30.0
• ARV discount +7.5/15.0
• DSCR +7.0/10.0
• Schools +4.7/10.0
• 1% rule +4.5/10.0
• Livability +3.7/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

CONTRACT FELL THROUGH - HOME IS ON A CONCRETE SLAB THE FULL LENGTH OF THE HOME/GARDEN TUB IN MASTER SUITE/IN-LAW SUITE HAS THE 2ND 3RD BEDROOM W/ SEPARATE ENTRY/ OVER 1 ACRE - EASY ACCESS TO I-95 , THE BEELINE AND US HWY 145 FT EASEMENT (GAS) OVER FRONT OF PROPERTY

Key facts

• Small pole building
• Attached workshop
• Concrete slab

Tags

• COMPLETELY FENCED
• SMALL POLE BUILDING
• LARGE SCREEN FRONT PORCH
• ATTACHED WORKSHOP
• CONCRETE SLAB
• IN LAW QUARTERS

Property features AI

Exterior

• Parking: RV access/parking
• Utilities: 150 amp electric service; Septic tank; Water connected; Electricity connected; Cable available; Sewer not available
• Home design: Double wide mobile home; One story; Faces south; Used as a single-family residence
• Construction: Aluminum siding; Built as a mobile home
• Exterior features: Front porch; Screened porch; Porch; Full chain-link fencing; Cleared lot; County road frontage; Asphalt road; Metal roof; Other outbuilding/structure

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms
• Bathrooms: 3 bathrooms (2 full, 1 half)
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Eat-in kitchen; Split bedroom layout; Fireplace (other type)
• Laundry & utility: Washer included; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $249k.

Deal economics

• At list price, monthly cash flow is $388 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $238k (4.6% below list).
• Recommended offer: $238k (4.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 73/100 on livability (#302 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, commute A+, cost of living A+; Watch: employment C-, amenities F, health & safety 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: Fairglen Elementary School (math 34% / reading 38%, grade F, #1,670 of 2,144 statewide, top 78%, 617 students, 71% 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 (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 30% at this address vs 55% district-wide (-25 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 (+2.5%/yr); 224 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
• This rent runs 33% of the median local income ($86k/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 $2k of loan paydown is wiped out by about $7k 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 24 days — a 2% lower offer ($245k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 22y 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 $92k; list at $249k implies a 172% 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $237,530 (4.6% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 0.95% ✗
• Cap rate: 8.16%
• Cash-on-cash: 6.68%
• DSCR: 1.30
• GRM: 8.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.48% rent growth · sell at horizon

5-year hold

• IRR: -6.6%
• Equity multiple: 0.76×
• Total profit: $-16,988
• Equity at exit: $37,127

10-year hold

• IRR: 2.4%
• Equity multiple: 1.17×
• Total profit: $11,562
• Equity at exit: $21,529

Cash invested: $69,720 (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 32927

• Home prices YoY: -19.4%
• Rents YoY: 2.5%
• Active inventory: 224
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $2,375 medium
• Mortgage (P&I): −$1,306
• Tax from tax record: −$79 /mo · $949/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$499
• Net cashflow: $388

Break-even live

Break-even rent $1,884

Max offer price $249,000

Occupancy floor 79%

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: $62,250
• Closing costs: $7,470
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4005 Fennec Ln Cocoa, FL	3.0–5.0	2.0–3.0	2136	$2,345	$1.10	13d	7	1.44mi

Listing history 19 events

1. 2026-06-18
   days on market $249,000 Active 24 DOM
2. 2026-06-17
   days on market $249,000 Active 23 DOM
3. 2026-06-16
   days on market $249,000 Active 22 DOM
4. 2026-06-15
   days on market $249,000 Active 21 DOM
5. 2026-06-14
   days on market $249,000 Active 19 DOM
6. 2026-06-10
   days on market $249,000 Active 16 DOM
7. 2026-06-08
   days on market $249,000 Active 14 DOM
8. 2026-06-07
   days on market $249,000 Active 13 DOM
9. 2026-06-05
   days on market $249,000 Active 10 DOM
10. 2026-06-03
    days on market $249,000 Active 9 DOM
11. 2026-06-02
    days on market $249,000 Active 8 DOM
12. 2026-06-01
    days on market $249,000 Active 7 DOM
13. 2026-05-31
    days on market $249,000 Active 6 DOM
14. 2026-05-31
    days on market $249,000 Active 5 DOM
15. 2026-05-25
    listed $249,000 Active
16. 2005-01-20
    soldstatus $91,500
17. 2005-01-18
    soldstatus $91,500 265-char remark

    Show marketing remark (265 chars)

    CONTRACT FELL THROUGH - HOME IS ON A CONCRETE SLAB THE FULL LENGTH OF THE HOME/GARDEN TUB IN MASTER SUITE/IN-LAW SUITE HAS THE 2ND 3RD BEDROOM W/ SEPARATE ENTRY/ OVER 1 ACRE - EASY ACCESS TO I-95 , THE BEELINE AND US HWY 145 FT EASEMENT (GAS) OVER FRONT OF PROPERTY

18. 2004-10-24
    listed $91,500 265-char remark

    Show marketing remark (265 chars)

    CONTRACT FELL THROUGH - HOME IS ON A CONCRETE SLAB THE FULL LENGTH OF THE HOME/GARDEN TUB IN MASTER SUITE/IN-LAW SUITE HAS THE 2ND 3RD BEDROOM W/ SEPARATE ENTRY/ OVER 1 ACRE - EASY ACCESS TO I-95 , THE BEELINE AND US HWY 145 FT EASEMENT (GAS) OVER FRONT OF PROPERTY

19. 1990-02-01
    soldstatus $225,000

ⓘ 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: $949 · $79/mo
• Projected year-2 tax: $2,067 · $172/mo
• Expected delta: +$1,118/yr (+$93/mo · 117.8%)

ⓘ 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 10/10 Extreme 7 d/yr ≥106°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: $28,504
• − Mortgage interest: −$13,948
• − Property taxes: −$949
• − Insurance: −$1,245
• − Repairs & maintenance: −$2,280
• − Management: −$2,280
• − Depreciation: −$7,244
• Taxable income: $557
• Est. tax owed @ 24.0%: −$134
• After-tax cash flow: $4,521/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 — Sharpes

• Score: 73/100
• State rank: #302
• US rank: #5144

Category grades

Amenities F Commute A+ Cost of living A+ Crime A+ Employment C- 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: 11
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 29,219
• Household income: $86,075
• Rent vs Own: 7.7% rent · 92.3% own
• Severe rent burden: 192.0

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 (82%)
• Race & ethnicity: White 82% Two or more races 8% Hispanic / Latino 5% Black 5%
• Hispanic origin (detail): Puerto Rican 2%
• Common ancestry: Lithuanian 3% Slovak 2% Iranian 2%
• Foreign-born: 5% · Canada
• Languages at home: 94% English-only · Spanish 3% French/Haitian/Cajun 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: ▼ -79.36%
• Current HPI: 330.5099
• Rent YoY: ▲ 2.48%
• 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

+10.7% since first listed

5 events — show timeline

• 2026-05-25 Listed $249,000 SCMLS
• 2005-01-20 Sold (Public Records) $91,500 Public Records
• 2005-01-18 Sold (MLS) $91,500 SCMLS
• 2004-10-24 Listed $91,500 SCMLS
• 1990-02-01 Sold (Public Records) $225,000 Public Records

Property tax history

+2.3%/yr

Latest (2025): $949 · +9.7% YoY. Source: county tax records.