6747 Burning Tree Ave · West Canaveral Groves, FL 32926

$310,000

4 bd · 3.0 ba · 924 sqft · Manufactured public records · 91 Days on market

Built 1997 2.00 ac 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 +10.8/30.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Rent growth +3.9/5.0
• DSCR +3.1/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This newly renovated, and overall serene property can be found in the well maintained community known as Canaveral Groves. It is complete with four bedrooms and two full bathrooms, two of which embody the hurricane coded addition. The property also encompasses two cleared acres, and an abundance of opportunities for it's potential owner. The vast list of renovations entail hurricane coded window(s)/doors, French patio entryway doors, two composite structured decks, new laminate flooring, new vinyl siding, fresh interior paint, newly re-surfaced kitchen countertops, new fixtures, and much more. The roof was replaced back in 2016, the A/C has also been replaced prior to it's original install, and all electrical boxes have been updated to code. This noteworthy property is unparallel to any other on today's market. You get the comfort's of country living, but are mere minutes from the lovely surrounding cities; Cocoa Beach, Rockledge, etc. Call today to schedule a showing.

Key facts

• Laminate flooring
• Composite decks
• Vinyl siding

Tags

• HURRICANE CODED ADDITION
• HURRICANE RATED WINDOWS
• FRENCH PATIO DOORS
• COMPOSITE DECKS
• LAMINATE FLOORING
• VINYL SIDING

Property features AI

Finance

• Other: Approximately 2 acres

Exterior

• Parking: Other parking
• Utilities: Septic tank; Electricity connected; Water available
• Home design: Manufactured home; Faces north
• Construction: Vinyl siding; Metal roof; Shingle roof
• Exterior features: Cleared lot with a few trees; Dirt road access

Interior

• Kitchen: Dishwasher; Electric oven; Microwave; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Unfurnished; Laminate flooring
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath manufactured listed at $310k.

Deal economics

• At list price, monthly cash flow is $-139 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $285k (7.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $223k (28.0% below list).
• Recommended offer: $223k (28.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• 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 fast (+5.6%/yr); 298 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
• This rent runs 38% of the median local income ($71k/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 $9k 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 91 days — a 9% lower offer ($282k) is reasonable based on typical stale-listing flexibility.
• 5 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; severe wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $223,082 (28.0% 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 91 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 0.72% ✗
• Cap rate: 5.75%
• Cash-on-cash: -1.92%
• DSCR: 0.91
• GRM: 11.6

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: -17.0%
• Equity multiple: 0.39×
• Total profit: $-53,227
• Equity at exit: $46,222

10-year hold

• IRR: -5.2%
• Equity multiple: 0.63×
• Total profit: $-32,316
• Equity at exit: $26,803

Cash invested: $86,800 (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: 298
• Price-to-rent: 11.6×

Monthly cashflow live

• Estimated rent: $2,231 medium
• Mortgage (P&I): −$1,626
• Tax from tax record: −$147 /mo · $1,761/yr
• Insurance: −$129
• HOA: −$0
• Vacancy / Maint / Mgmt: −$468
• Net cashflow: $-139

Break-even live

Break-even rent $2,407

Max offer price $285,407

Occupancy floor —

Sensitivity live

Price	-10% $36	-5% $-51	+0% $-139	+5% $-227	+10% $-315
Rent	-10% $-315	-5% $-227	+0% $-139	+5% $-51	+10% $37
Rate	-1.0pp $17	-0.5pp $-60	base $-139	+0.5pp $-220	+1.0pp $-301

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: $77,500
• Closing costs: $9,300
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1708 Starship DR Cocoa, FL	1.0–3.0	1.0–2.0	1418	$2,549	$1.80	12d	81	1.39mi

Listing history 32 events

1. 2026-06-22
   days on market $310,000 Active 91 DOM
2. 2026-06-18
   days on market $310,000 Active 88 DOM
3. 2026-06-17
   days on market $310,000 Active 87 DOM
4. 2026-06-16
   days on market $310,000 Active 86 DOM
5. 2026-06-15
   days on market $310,000 Active 85 DOM
6. 2026-06-14
   days on market $310,000 Active 83 DOM
7. 2026-06-10
   days on market $310,000 Active 80 DOM
8. 2026-06-09
   price $310,000 Active 78 DOM
9. 2026-06-08
   days on market $315,000 Active 78 DOM
10. 2026-06-07
    days on market $315,000 Active 77 DOM
11. 2026-06-05
    days on market $315,000 Active 74 DOM
12. 2026-06-03
    days on market $315,000 Active 73 DOM
13. 2026-06-02
    days on market $315,000 Active 72 DOM
14. 2026-06-01
    days on market $315,000 Active 71 DOM
15. 2026-05-31
    days on market $315,000 Active 70 DOM
16. 2026-05-31
    days on market $315,000 Active 69 DOM
17. 2026-04-30
    status Active
18. 2026-04-15
    status Pending
19. 2026-04-11
    price $315,000
20. 2026-03-21
    status Active
21. 2026-03-13
    status Pending
22. 2026-03-04
    price $324,999
23. 2026-02-24
    listed $325,000 Active
24. 2024-10-01
    soldstatus $300,000
25. 2024-09-24
    soldstatus $300,000 Closed 983-char remark

    Show marketing remark (983 chars)

    This newly renovated, and overall serene property can be found in the well maintained community known as Canaveral Groves. It is complete with four bedrooms and two full bathrooms, two of which embody the hurricane coded addition. The property also encompasses two cleared acres, and an abundance of opportunities for it's potential owner. The vast list of renovations entail hurricane coded window(s)/doors, French patio entryway doors, two composite structured decks, new laminate flooring, new vinyl siding, fresh interior paint, newly re-surfaced kitchen countertops, new fixtures, and much more. The roof was replaced back in 2016, the A/C has also been replaced prior to it's original install, and all electrical boxes have been updated to code. This noteworthy property is unparallel to any other on today's market. You get the comfort's of country living, but are mere minutes from the lovely surrounding cities; Cocoa Beach, Rockledge, etc. Call today to schedule a showing.

26. 2024-09-24
    soldstatus $300,000 Closed 983-char remark

    Show marketing remark (983 chars)

    This newly renovated, and overall serene property can be found in the well maintained community known as Canaveral Groves. It is complete with four bedrooms and two full bathrooms, two of which embody the hurricane coded addition. The property also encompasses two cleared acres, and an abundance of opportunities for it's potential owner. The vast list of renovations entail hurricane coded window(s)/doors, French patio entryway doors, two composite structured decks, new laminate flooring, new vinyl siding, fresh interior paint, newly re-surfaced kitchen countertops, new fixtures, and much more. The roof was replaced back in 2016, the A/C has also been replaced prior to it's original install, and all electrical boxes have been updated to code. This noteworthy property is unparallel to any other on today's market. You get the comfort's of country living, but are mere minutes from the lovely surrounding cities; Cocoa Beach, Rockledge, etc. Call today to schedule a showing.

27. 2024-07-30
    status Pending 983-char remark

    Show marketing remark (983 chars)

    This newly renovated, and overall serene property can be found in the well maintained community known as Canaveral Groves. It is complete with four bedrooms and two full bathrooms, two of which embody the hurricane coded addition. The property also encompasses two cleared acres, and an abundance of opportunities for it's potential owner. The vast list of renovations entail hurricane coded window(s)/doors, French patio entryway doors, two composite structured decks, new laminate flooring, new vinyl siding, fresh interior paint, newly re-surfaced kitchen countertops, new fixtures, and much more. The roof was replaced back in 2016, the A/C has also been replaced prior to it's original install, and all electrical boxes have been updated to code. This noteworthy property is unparallel to any other on today's market. You get the comfort's of country living, but are mere minutes from the lovely surrounding cities; Cocoa Beach, Rockledge, etc. Call today to schedule a showing.

28. 2024-07-30
    status Pending 983-char remark

    Show marketing remark (983 chars)

    This newly renovated, and overall serene property can be found in the well maintained community known as Canaveral Groves. It is complete with four bedrooms and two full bathrooms, two of which embody the hurricane coded addition. The property also encompasses two cleared acres, and an abundance of opportunities for it's potential owner. The vast list of renovations entail hurricane coded window(s)/doors, French patio entryway doors, two composite structured decks, new laminate flooring, new vinyl siding, fresh interior paint, newly re-surfaced kitchen countertops, new fixtures, and much more. The roof was replaced back in 2016, the A/C has also been replaced prior to it's original install, and all electrical boxes have been updated to code. This noteworthy property is unparallel to any other on today's market. You get the comfort's of country living, but are mere minutes from the lovely surrounding cities; Cocoa Beach, Rockledge, etc. Call today to schedule a showing.

29. 2024-07-30
    listed $299,900 Active 983-char remark

    Show marketing remark (983 chars)

    This newly renovated, and overall serene property can be found in the well maintained community known as Canaveral Groves. It is complete with four bedrooms and two full bathrooms, two of which embody the hurricane coded addition. The property also encompasses two cleared acres, and an abundance of opportunities for it's potential owner. The vast list of renovations entail hurricane coded window(s)/doors, French patio entryway doors, two composite structured decks, new laminate flooring, new vinyl siding, fresh interior paint, newly re-surfaced kitchen countertops, new fixtures, and much more. The roof was replaced back in 2016, the A/C has also been replaced prior to it's original install, and all electrical boxes have been updated to code. This noteworthy property is unparallel to any other on today's market. You get the comfort's of country living, but are mere minutes from the lovely surrounding cities; Cocoa Beach, Rockledge, etc. Call today to schedule a showing.

30. 2024-01-15
    listed $299,900 Active 983-char remark

    Show marketing remark (983 chars)

    This newly renovated, and overall serene property can be found in the well maintained community known as Canaveral Groves. It is complete with four bedrooms and two full bathrooms, two of which embody the hurricane coded addition. The property also encompasses two cleared acres, and an abundance of opportunities for it's potential owner. The vast list of renovations entail hurricane coded window(s)/doors, French patio entryway doors, two composite structured decks, new laminate flooring, new vinyl siding, fresh interior paint, newly re-surfaced kitchen countertops, new fixtures, and much more. The roof was replaced back in 2016, the A/C has also been replaced prior to it's original install, and all electrical boxes have been updated to code. This noteworthy property is unparallel to any other on today's market. You get the comfort's of country living, but are mere minutes from the lovely surrounding cities; Cocoa Beach, Rockledge, etc. Call today to schedule a showing.

31. 2009-05-04
    soldstatus $50,000
32. 2000-09-07
    soldstatus $50,500

ⓘ 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: $1,761 · $147/mo
• Projected year-2 tax: $2,573 · $214/mo
• Expected delta: +$812/yr (+$68/mo · 46.1%)

ⓘ 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 8/10 Severe
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 21 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: $26,770
• − Mortgage interest: −$17,365
• − Property taxes: −$1,761
• − Insurance: −$1,550
• − Repairs & maintenance: −$2,142
• − Management: −$2,142
• − Depreciation: −$9,018
• Taxable loss: −$7,207
• Est. tax savings @ 24.0%: +$1,730
• After-tax cash flow: $59/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 — West Canaveral Groves

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: West Canaveral Groves, 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

+523.8% since first listed

16 events — show timeline

• 2026-04-30 Relisted — SCMLS
• 2026-04-15 Pending — SCMLS
• 2026-04-11 Price Changed $315,000 SCMLS
• 2026-03-21 Relisted — SCMLS
• 2026-03-13 Pending — SCMLS
• 2026-03-04 Price Changed $324,999 SCMLS
• 2026-02-24 Listed $325,000 SCMLS
• 2024-10-01 Sold (Public Records) $300,000 Public Records
• 2024-09-24 Sold (MLS) $300,000 SCMLS
• 2024-09-24 Sold (MLS) $300,000 Stellar MLS as Distributed by MLS Grid
• 2024-07-30 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-07-30 Pending — SCMLS
• 2024-07-30 Listed $299,900 Stellar MLS as Distributed by MLS Grid
• 2024-01-15 Listed $299,900 SCMLS
• 2009-05-04 Sold (Public Records) $50,000 Public Records
• 2000-09-07 Sold (Public Records) $50,500 Public Records

Property tax history

+13.9%/yr

Latest (2025): $1,761 · +189.9% YoY. Source: county tax records.