1250 Cheney Hwy Unit D · Titusville, FL 32780

$169,900

2 bd · 2.0 ba · 962 sqft · Townhouse public records · 292 Days on market

Built 1981 2,178 sqft lot $90/mo HOA · 6% of rent

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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 +11.9/30.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Livability +4.2/5.0
• 1% rule +3.7/10.0
• DSCR +3.5/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Clean Meadows unit with very neutral decor. Easy to make it your own. Great winter home. Sceen porch with view of grassed area. Shower panrecently replaced. Close to shopping.

Key facts

• Breakfast nook
• Tile floors
• Utility room

Tags

• NEW ROOF
• TILE FLOORS
• BREAKFAST NOOK
• UTILITY ROOM
• ENCLOSED SCREENED PORCH
• SMALL BACK YARD

Property features AI

Finance

• Other: Unfurnished; No private pool; Pets: contact association
• HOA & community: Association with monthly fee of $90; Association amenities include grounds maintenance and on-site/full-time management; Association fee includes cable TV

Exterior

• Parking: Assigned parking in parking lot
• Utilities: Public sewer; Water connected; Electricity connected; Cable connected
• Home design: Townhouse; One-story; Entry level: 1; Faces south; Property attached
• Construction: Block and stucco construction; Built with conventional foundation
• Exterior features: Rear screened porch; Shingle roof; Located on a cul-de-sac; Private asphalt road frontage

Interior

• Kitchen: Dishwasher; Disposal; Electric range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric, heat pump); Central air conditioning (electric)
• Interior features: Breakfast nook; Ceiling fans; Primary bathroom with tub and shower; Split bedroom floor plan
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath townhouse listed at $170k.

Deal economics

• At list price, monthly cash flow is $-44 ($-525/yr) — negative.
• To cash-flow at today's rent, offer at most $162k (4.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $147k (13.2% below list).
• Recommended offer: $147k (13.2% below list) — sets the bar for 1% rule.

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); Andrew Jackson Middle School (math 52% / reading 47%, grade C, #259 of 571 statewide, top 46%, 551 students, 58% FRL); Titusville High School (math 33% / reading 52%, grade F, #264 of 667 statewide, top 41%, 1,314 students, 55% FRL) — zoned schools average 63% FRL vs 43% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.3%/yr); 465 active listings in the ZIP; 34 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).

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.

Negotiation context

• It's been on market 292 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 14y 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 $41k; list at $170k implies a 314% 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→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $147,438 (13.2% 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 292 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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?
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: 0.87% ✗
• Cap rate: 5.98%
• Cash-on-cash: -1.10%
• DSCR: 0.95
• GRM: 9.6

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: -20.1%
• Equity multiple: 0.31×
• Total profit: $-32,771
• Equity at exit: $25,333

10-year hold

• IRR: -17.3%
• Equity multiple: 0.12×
• Total profit: $-41,841
• Equity at exit: $14,690

Cash invested: $47,572 (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: 465
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $1,474 high
• Mortgage (P&I): −$891
• Tax from tax record: −$157 /mo · $1,881/yr
• Insurance: −$71
• HOA: −$90
• Vacancy / Maint / Mgmt: −$310
• Net cashflow: $-44

Break-even live

Break-even rent $1,530

Max offer price $162,164

Occupancy floor 98%

Sensitivity live

Price	-10% $52	-5% $4	+0% $-44	+5% $-92	+10% $-140
Rent	-10% $-160	-5% $-102	+0% $-44	+5% $14	+10% $73
Rate	-1.0pp $42	-0.5pp $-1	base $-44	+0.5pp $-88	+1.0pp $-133

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1281 Cheney Hwy Unit E Titusville, FL	2.0	2.0	962	$1,450	$1.51	25d	1	0.18mi
1321 Cheney Hwy Unit F Titusville, FL	2.0	2.5	962	$1,500	$1.56	25d	1	0.19mi
1321 Cheney Hwy Titusville, FL	2.0	2.0	962	$1,600	$1.66	25d	1	0.19mi
1293 Cheney Hwy Unit G Titusville, FL	2.0	2.0	962	$1,389	$1.44	15d	1	0.22mi
1700 Chaucer Rd Titusville, FL	3.0	1.5	897	$1,600	$1.78	25d	1	0.25mi
4487 Barna Ave #4487 Titusville, FL	2.0	1.0	800	$1,450	$1.81	15d	1	0.36mi
4700 Barna Ave Titusville, FL	2.0	1.0	825	$1,298	$1.57	15d	3	0.43mi
4171 David Dr Titusville, FL	2.0	1.0	900	$1,075	$1.19	25d	1	0.56mi
3645 Barna Ave Titusville, FL	1.0–2.0	1.0	895	$1,350	$1.51	25d	4	0.94mi
2205 Knox McRae Dr Unit 14 Titusville, FL	2.0	2.0	840	$1,125	$1.34	25d	1	1.08mi
4050 Mount Sterling Ave Titusville, FL	3.0	1.0	960	$1,700	$1.77	15d	1	1.10mi
2170 Knox Mc Rae Dr #5 Titusville, FL	2.0	2.0	831	$1,100	$1.32	22d	1	1.10mi
2170 Knox Mc Rae Dr #39 Titusville, FL	1.0	1.0	550	$1,000	$1.82	15d	1	1.10mi
2170 Knox Mc Rae Dr #38 Titusville, FL	1.0	1.0	550	$1,050	$1.91	25d	1	1.10mi
3805 S Hopkins Ave Titusville, FL	1.0–2.0	1.0	720	$1,790	$2.49	15d	7	1.15mi
628 Timber Trace Ln Titusville, FL	2.0–3.0	2.0	1104	$1,267	$1.15	25d	1	1.15mi
2190 Knox McRae Dr Unit D Titusville, FL	2.0	1.0	820	$1,100	$1.34	20d	1	1.16mi
2192 Knox McRae Dr Unit 1 Titusville, FL	2.0	1.0	817	$1,100	$1.35	25d	1	1.16mi
2190 Knox McRae Dr Unit F Titusville, FL	2.0	1.0	820	$1,050	$1.28	25d	1	1.16mi
4124 Mount Vernon Ave Titusville, FL	2.0	1.0	901	$1,200	$1.33	15d	1	1.17mi
3590 Sable Palm Ln Unit G Titusville, FL	1.0	1.0	695	$1,125	$1.62	25d	1	1.19mi
3570 Sable Palm Ln Titusville, FL	1.0–2.0	1.0–2.0	779	$1,350	$1.73	22d	3	1.23mi
3550 Sable Palm Ln Unit L Titusville, FL	1.0	1.0	695	$1,150	$1.65	25d	1	1.26mi
3555 Sable Palm Ln Unit 7K Titusville, FL	2.0	2.0	864	$1,300	$1.50	25d	1	1.29mi
3555 Sable Palm Ln Unit F Titusville, FL	2.0	2.0	864	$1,350	$1.56	25d	1	1.29mi
1099 Country Club Dr #811 Titusville, FL	2.0	2.0	940	$1,800	$1.91	25d	1	1.37mi
1237 Country Club Dr Titusville, FL	2.0	2.0	970	$1,600	$1.65	25d	1	1.37mi
1209 Country Club Dr Titusville, FL	2.0	2.0	935	$1,700	$1.82	25d	1	1.37mi
1039 Country Club Dr Titusville, FL	2.0	2.0	1020	$1,800	$1.76	25d	1	1.37mi
1041 Country Club Dr Titusville, FL	2.0	2.0	1020	$1,900	$1.86	25d	1	1.37mi
1041 Country Club Dr #426 Titusville, FL	2.0	2.0	1020	$1,800	$1.76	25d	1	1.37mi
190 E Olmstead Dr Unit M1 Titusville, FL	2.0	2.0	1023	$1,800	$1.76	25d	1	1.37mi
190 E Olmstead Dr Titusville, FL	2.0–3.0	1.0–2.0	1091	$1,350	$1.24	25d	5	1.38mi
2605 Columbia Blvd Titusville, FL	1.0–2.0	1.0	716	$1,562	$2.18	15d	4	1.46mi

HOA detail

• Monthly dues: $90 · $1,080/yr

Listing history 18 events

1. 2026-06-22
   days on market $169,900 Active 292 DOM
2. 2026-06-18
   days on market $169,900 Active 289 DOM
3. 2026-06-17
   days on market $169,900 Active 288 DOM
4. 2026-06-16
   days on market $169,900 Active 287 DOM
5. 2026-06-15
   days on market $169,900 Active 286 DOM
6. 2026-06-14
   days on market $169,900 Active 284 DOM
7. 2026-06-10
   days on market $169,900 Active 281 DOM
8. 2026-06-08
   days on market $169,900 Active 279 DOM
9. 2026-06-07
   days on market $169,900 Active 278 DOM
10. 2026-06-05
    days on market $169,900 Active 275 DOM
11. 2026-06-03
    days on market $169,900 Active 274 DOM
12. 2026-06-02
    days on market $169,900 Active 273 DOM
13. 2026-06-01
    days on market $169,900 Active 272 DOM
14. 2026-05-31
    days on market $169,900 Active 271 DOM
15. 2026-05-31
    days on market $169,900 Active 270 DOM
16. 2025-09-02
    listed $169,900 Active
17. 2012-05-07
    soldstatus $41,000 175-char remark

    Show marketing remark (175 chars)

    Clean Meadows unit with very neutral decor. Easy to make it your own. Great winter home. Sceen porch with view of grassed area. Shower panrecently replaced. Close to shopping.

18. 2012-02-08
    listed $42,900 175-char remark

    Show marketing remark (175 chars)

    Clean Meadows unit with very neutral decor. Easy to make it your own. Great winter home. Sceen porch with view of grassed area. Shower panrecently replaced. Close to shopping.

ⓘ 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: $1,881 · $157/mo
• Projected year-2 tax: $1,881 · $157/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 ≥108°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: $17,693
• − Mortgage interest: −$9,517
• − Property taxes: −$1,881
• − Insurance: −$850
• − Repairs & maintenance: −$1,415
• − Management: −$1,415
• − HOA: −$1,080
• − Depreciation: −$4,943
• Taxable loss: −$3,409
• Est. tax savings @ 24.0%: +$818
• After-tax cash flow: $293/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

+296.0% since first listed

3 events — show timeline

• 2025-09-02 Listed $169,900 SCMLS
• 2012-05-07 Sold (MLS) $41,000 SCMLS
• 2012-02-08 Listed $42,900 SCMLS

Property tax history

+7.9%/yr

Latest (2025): $1,881 · +3.0% YoY. Source: county tax records.