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769 Bautzen Ave NW #48
D- Composite 37.92
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).

  • ARV discount +10.2/15.0
  • Cash flow +8.3/30.0
  • Schools +4.5/10.0
  • Condition / age +3.8/5.0
  • Livability +3.6/5.0
  • Rent growth +2.7/5.0
  • 1% rule +2.6/10.0
  • DSCR +2.3/10.0
  • Appreciation +0.0/10.0

$290,900

769 Bautzen Ave NW #48 · Palm Bay, FL 32907
3 bd · 2.0 ba · 1,786 sqft · SingleFamily · 116 Days on market
Built 1988 Good condition 10,019 sqft lot 2-car garage $163/sqft · 6% below area Est $309k · 6% under ↓ 3% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

This home is a solid single -family home in a quiet residential neighborhood. This 3/2 concrete block home as a new metal roof for durability and lower maintenance. tile flooring throughout , 2 car attached garage. Large covered porch area under truss roofing. This home has several updates that make it feels move -in-ready. Public water services with septic services. spacious back yard closes to shopping and restaurant, 1-95 access , school , and beach. Overall the home is clean, functional and good for a family, first- time- buyer or someone wanting a quite residential setting with decent highway access.

Key facts

  • Close to school
  • New metal roof
  • Large covered porch

Tags

NEW METAL ROOFLARGE COVERED PORCHSPACIOUS BACK YARDCLOSE TO SHOPPINGCLOSE TO RESTAURANTCLOSE TO SCHOOL

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $291k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-267 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $252k (13.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $221k (24.1% below list).
  • Recommended offer: $221k (24.1% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 72/100 on livability (#366 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, 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: Lockmar Elementary School (math 45% / reading 53%, grade D, #1,134 of 2,144 statewide, top 54%, 583 students, 58% FRL); Central Middle School (math 50% / reading 48%, grade C-, #265 of 571 statewide, top 48%, 1,127 students, 53% FRL); Heritage High School (math 30% / reading 44%, grade F, #340 of 667 statewide, top 52%, 2,007 students, 62% FRL).
  • Market conditions: Rents flat; 1084 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 63d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
  • This rent runs 35% of the median local income ($75k/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 116 days — a 9% lower offer ($265k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $220,717 (24.1% 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 116 days. Have you received any prior offers? Is the seller open to a 24% 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
0.76%
Cap rate
5.19%
Cash-on-cash
-3.93%
DSCR
0.83
GRM
11.0

CMA / ARV

ARV (median comp)
$309,498
List price
$290,900
Delta
-6.01%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
826 Roger Ave NW 0.34mi 3/2.0 1,886 (+6%) 3mo $345,000 $183 72
567 Consolata Ave NW 0.44mi 3/2.0 1,700 (-5%) 1mo $330,000 $194 70
898 Gera Ave NW 0.34mi 3/2.0 1,947 (+9%) 0mo $375,000 $193 69
886 Pyracantha St NW 0.36mi 4/2.0 (+1) 1,918 (+7%) 1mo $320,000 $167 65
965 Elmont St NW 0.61mi 4/2.0 (+1) 1,729 (-3%) 0mo $410,000 $237 61
1312 Jupiter Blvd NW 0.52mi 4/2.0 (+1) 1,829 (+2%) 8mo $342,000 $187 60
1077 Celle Ave NW 0.58mi 4/2.0 (+1) 1,828 (+2%) 5mo $354,045 $194 60
876 Remsen Ave NW 0.42mi 4/2.0 (+1) 1,957 (+10%) 2mo $147,500 $75 58
435 Consolata Ave NW 0.63mi 4/2.0 (+1) 1,836 (+3%) 5mo $285,000 $155 57
1169 Nordic St NW 0.73mi 4/2.0 (+1) 1,829 (+2%) 1mo $345,500 $189 56
972 Elmsford St NW 0.52mi 3/2.0 1,570 (-12%) 5mo $250,000 $159 52
443 Biscayne Ave NW 0.64mi 4/2.0 (+1) 2,040 (+14%) 1mo $347,000 $170 40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.93% rent growth · sell at horizon

5-year hold
IRR
-25.2%
Equity multiple
0.16×
Total profit
$-68,594
Equity at exit
$43,374
10-year hold
IRR
-29.1%
Equity multiple
-0.22×
Total profit
$-99,196
Equity at exit
$25,152

Cash invested: $81,452 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
58 active · 52 under contract
Months of supply
13.4 mo (7%/mo absorbed)
Median asking
$350,000 ($203/sqft)
Median days on market
98 d
This list price
9% of active listings are priced below it
ARV vs active asking
-14.5% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 32907

Home prices YoY
-10.1%
Rents YoY
0.9%
Active inventory
1084
Price-to-rent
11.0×

Monthly cashflow live

Estimated rent
$2,207 high interval (Pro) →
Mortgage (P&I)
$1,526
Tax est. 1.5%
$364 /mo · $4,364/yr
Insurance
$121
HOA
$0
Vacancy / Maint / Mgmt
$464
Net cashflow
$-267

Break-even live

Break-even rent $2,545
Max offer price $252,312
Occupancy floor

Sensitivity live

Price -10% $-66 -5% $-166 +0% $-267 +5% $-367 +10% $-468
Rent -10% $-441 -5% $-354 +0% $-267 +5% $-179 +10% $-92
Rate -1.0pp $-120 -0.5pp $-193 base $-267 +0.5pp $-342 +1.0pp $-419

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
$72,725
Closing costs
$8,727
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
874 Altona St NW Palm Bay, FL 3.0 2.0 1488 $1,880 $1.26 62d 1 0.19mi
1140 Jupiter Blvd NW Palm Bay, FL 3.0 2.0 1556 $1,850 $1.19 6d 1 0.19mi
763 Bremerhaven St NW Palm Bay, FL 3.0 2.0 1888 $2,365 $1.25 62d 1 0.21mi
778 Hamm St NW Palm Bay, FL 4.0 3.0 2455 $2,650 $1.08 62d 1 0.24mi
778 Hamm St NW Palm Bay, FL 3.0 2.0 1400 $2,450 $1.75 5d 1 0.24mi
673 Bremerhaven St NW Palm Bay, FL 4.0 2.0 1828 $2,400 $1.31 110d 1 0.29mi
811 Serenade St NW Palm Bay, FL 4.0 2.0 1845 $2,150 $1.17 62d 1 0.31mi
866 Hanau Ave NW Palm Bay, FL 3.0 2.0 1552 $1,900 $1.22 119d 1 0.37mi
1022 Dusseldorf Ave NW Palm Bay, FL 3.0 2.0 1400 $1,715 $1.23 62d 1 0.45mi
983 Pyracantha St NW Palm Bay, FL 4.0 2.0 1659 $1,999 $1.20 119d 1 0.45mi
613 Hamm St NW Palm Bay, FL 3.0 2.0 1400 $1,795 $1.28 5d 1 0.46mi
614 Lynbrook St NW Palm Bay, FL 4.0 3.0 2097 $2,700 $1.29 119d 1 0.49mi
1133 Serenade St NW Palm Bay, FL 3.0 2.0 1612 $1,906 $1.18 62d 1 0.58mi
670 Elmont St NW Palm Bay, FL 3.0 2.0 2006 $2,300 $1.15 6d 1 0.59mi
1098 Elmsford St NW Palm Bay, FL 4.0 2.5 2226 $2,650 $1.19 5d 1 0.59mi
1374 Jupiter Blvd NW Palm Bay, FL 3.0 2.0 1500 $1,895 $1.26 119d 1 0.65mi
1114 Ivanhoe St NW Palm Bay, FL 3.0 2.0 1839 $1,805 $0.98 4d 1 0.66mi
609 Concha St NW Palm Bay, FL 4.0 2.0 1918 $2,200 $1.15 119d 1 0.67mi
1147 Jericho Ave NW Palm Bay, FL 3.0 2.0 1352 $1,700 $1.26 119d 1 0.70mi
1100 Ipswich St NW Palm Bay, FL 4.0 2.0 1585 $2,295 $1.45 110d 1 0.73mi
1214 Pace Dr NW Palm Bay, FL 4.0 3.0 1798 $2,050 $1.14 62d 1 0.75mi
1021 Locust Ave NW Palm Bay, FL 4.0 2.0 1724 $2,046 $1.19 109d 1 0.75mi
1187 Merrick Ave NW Palm Bay, FL 3.0 2.0 1420 $1,700 $1.20 6d 1 0.79mi
441 Helicon Ave NW Palm Bay, FL 4.0 3.0 2000 $2,700 $1.35 62d 1 0.82mi
916 Spring St NW Palm Bay, FL 3.0 2.0 1494 $1,800 $1.20 119d 1 0.92mi
1297 Stone St NW Palm Bay, FL 4.0 2.0 1710 $2,025 $1.18 6d 1 0.92mi
1336 Pace Dr NW Palm Bay, FL 3.0 2.0 1440 $1,895 $1.32 6d 1 0.93mi
838 Gillen Ave NW Palm Bay, FL 3.0 2.0 1416 $1,800 $1.27 6d 1 1.05mi
237 Emerson Dr NW Palm Bay, FL 3.0 2.0 1501 $1,850 $1.23 110d 1 1.05mi
249 Emerson Dr NW Palm Bay, FL 4.0 2.0 1637 $1,950 $1.19 6d 1 1.05mi
278 Emerson Dr NW Palm Bay, FL 4.0 2.0 1650 $1,995 $1.21 119d 1 1.05mi
317 Fernandina St NW Palm Bay, FL 3.0 2.0 1232 $2,095 $1.70 4d 1 1.06mi
1337 Helvenston St NW Palm Bay, FL 3.0 2.0 1816 $1,900 $1.05 119d 1 1.12mi
1337 Helvenston St NW Palm Bay, FL 3.0 2.0 1816 $1,900 $1.05 6d 1 1.12mi
276 Americana Blvd NW Palm Bay, FL 4.0 3.0 2089 $2,500 $1.20 119d 1 1.12mi
1387 Ginza Rd NW Palm Bay, FL 3.0 2.0 1612 $1,800 $1.12 6d 1 1.13mi
1405 Pace Dr NW Palm Bay, FL 4.0 2.0 1830 $2,200 $1.20 62d 1 1.16mi
1257 Lamplighter Dr NW Palm Bay, FL 3.0 2.0 1278 $1,600 $1.25 6d 1 1.19mi
1394 Gillott St NW Palm Bay, FL 4.0 2.0 2088 $2,205 $1.06 62d 1 1.20mi
239 Americana Blvd NW Palm Bay, FL 3.0 2.0 1400 $2,000 $1.43 6d 1 1.20mi

Property features AI

Exterior

Parking
Attached garage2-car garageCarport
Utilities
Public sewer and septic tankWater available
Home design
Single family residenceWest-facing
Construction
Block and concrete constructionMetal roof
Exterior features
Covered, screened porchShed and additional outbuilding

Interior

Kitchen
DishwasherElectric rangeRefrigerator
Bedrooms
3 bedrooms
Flooring
Tile
Bathrooms
2 full bathrooms
Heating & cooling
Central heatingCentral air conditioning
Interior features
Split bedroom layoutPrimary bathroom with shower (no tub)Electric fireplace
Laundry & utility
Washer and dryer (washer hookup and electric dryer hookup)

Listing history 50 events

  1. 2026-09-24
    days on market $290,900 Active 116 DOM
  2. 2026-09-22
    days on market $290,900 Active 114 DOM
  3. 2026-09-21
    days on market $290,900 Active 113 DOM
  4. 2026-09-20
    days on market $290,900 Active 112 DOM
  5. 2026-09-19
    days on market $290,900 Active 111 DOM
  6. 2026-09-18
    days on market $290,900 Active 110 DOM
  7. 2026-09-17
    days on market $290,900 Active 109 DOM
  8. 2026-09-16
    days on market $290,900 Active 108 DOM
  9. 2026-09-15
    days on market $290,900 Active 107 DOM
  10. 2026-09-15
    days on market $290,900 Active 106 DOM
  11. 2026-09-13
    days on market $290,900 Active 105 DOM
  12. 2026-09-12
    days on market $290,900 Active 104 DOM
  13. 2026-09-11
    days on market $290,900 Active 103 DOM
  14. 2026-09-05
    days on market $290,900 Active 97 DOM
  15. 2026-09-04
    days on market $290,900 Active 96 DOM
  16. 2026-09-03
    days on market $290,900 Active 95 DOM
  17. 2026-08-30
    days on market $290,900 Active 91 DOM
  18. 2026-08-29
    days on market $290,900 Active 90 DOM
  19. 2026-08-28
    days on market $290,900 Active 89 DOM
  20. 2026-08-27
    days on market $290,900 Active 88 DOM
  21. 2026-08-26
    days on market $290,900 Active 87 DOM
  22. 2026-08-25
    days on market $290,900 Active 86 DOM
  23. 2026-08-24
    days on market $290,900 Active 85 DOM
  24. 2026-08-23
    days on market $290,900 Active 84 DOM
  25. 2026-08-22
    days on market $290,900 Active 83 DOM
  26. 2026-08-21
    days on market $290,900 Active 82 DOM
  27. 2026-08-20
    days on market $290,900 Active 81 DOM
  28. 2026-08-19
    days on market $290,900 Active 80 DOM
  29. 2026-08-18
    days on market $290,900 Active 79 DOM
  30. 2026-08-17
    days on market $290,900 Active 78 DOM
  31. 2026-08-16
    days on market $290,900 Active 77 DOM
  32. 2026-08-15
    days on market $290,900 Active 76 DOM
  33. 2026-08-15
    days on market $290,900 Active 75 DOM
  34. 2026-08-13
    days on market $290,900 Active 74 DOM
  35. 2026-08-12
    days on market $290,900 Active 73 DOM
  36. 2026-08-11
    days on market $290,900 Active 72 DOM
  37. 2026-08-10
    days on market $290,900 Active 71 DOM
  38. 2026-08-09
    days on market $290,900 Active 70 DOM
  39. 2026-08-08
    days on market $290,900 Active 69 DOM
  40. 2026-08-07
    days on market $290,900 Active 68 DOM
  41. 2026-08-06
    days on market $290,900 Active 67 DOM
  42. 2026-08-05
    days on market $290,900 Active 66 DOM
  43. 2026-08-04
    days on market $290,900 Active 65 DOM
  44. 2026-08-03
    days on market $290,900 Active 64 DOM
  45. 2026-07-31
    days on market $290,900 Active 61 DOM
  46. 2026-07-29
    days on market $290,900 Active 59 DOM
  47. 2026-07-25
    days on market $290,900 Active 55 DOM
  48. 2026-07-23
    pricedays on market $290,900 Active 53 DOM
  49. 2026-07-14
    days on market $329,900 Active 52 DOM
  50. 2026-07-14
    days on market $329,900 Active 51 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$26,486
− Mortgage interest
−$16,295
− Property taxes
−$4,364
− Insurance
−$1,454
− Repairs & maintenance
−$2,119
− Management
−$2,119
− Depreciation
−$8,463
Taxable loss
−$8,327
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,999
After-tax cash flow
$-1,202/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.

Condition & rehab AI · 1 photo

Good 75/100 Cosmetic rehab Est. rehab $8,930–$26,790 screening

This move-in-ready home in Palm Bay, FL, features a new metal roof, tile flooring, and a spacious covered porch, making it ideal for a family or first-time buyer.

Value-add opportunities

  • Both Paint exterior walls — Enhances curb appeal and value
  • Both Replace or clean gutters — Improves drainage and aesthetics

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 45/100

Zoned Schools

Elementary Lockmar Elementary School D FL #1,134/2,144 Nat'l #13,933/41,679 Middle Central Middle School C- FL #265/571 Nat'l #3,736/14,009 High Heritage High School F FL #340/667 Nat'l #9,001/17,239

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
B Composite livability gradescore 72/100

Livability — Palm Bay

Score
72/100
State rank
#366
US rank
#6458

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Palm Bay, FL
County
Brevard County · 623,254 people
City population
132,211
Metro
Palm Bay-Melbourne-Titusville, FL
Population (ZIP)
49,080
Household income
$75,311
Rent vs Own
13.3% rent · 86.7% own
Severe rent burden
9% of renters

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 0.62)
Race & ethnicity
White 56% Hispanic / Latino 21% Black 15% Two or more races 14% Asian 2%
Hispanic origin (detail)
Mexican 2% Puerto Rican 9% Cuban 2% Dominican 3%
Common ancestry
Romanian 2% Lithuanian 2% Hispanic 2%
Foreign-born
16% · Canada, Jamaica
Languages at home
77% English-only · Spanish 17% French/Haitian/Cajun 2% Other Indo-European 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

Price history

-3.2% since first listed
2 events — show timeline
  • 2026-06-22 Price Changed $329,900 SCMLS
  • 2026-05-22 Listed $340,900 SCMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…