1785 SW Diana Ter · Palm City, FL 34997

$68,000

2 bd · 2.0 ba · 1,150 sqft · Manufactured · 9 Days on market

Built 1980 Fair condition

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.5/10.0
• Livability +4.0/5.0
• Rent growth +3.2/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Affordable Florida Living for 55+ in the Heart of Stuart -Exceptional value in great area, conveniently located near restaurants, shopping, hospitals, churches, beaches. This spacious manufactured home features two spacious master bedroom suites, each with its own private bathroom. The bright, open floor plan makes excellent use of every square foot, with tasteful finishes and abundant natural light throughout. Enjoy the Florida lifestyle from two inviting patios: • The east patio overlooks lush tropical landscaping, making it the perfect spot for your morning coffee. • The covered west patio provides a comfortable place to relax and entertain year-round. The versatile Florida roo

Key facts

• Covered carport
• Heart of stuart
• Hurricane shutters

Tags

• HEART OF STUART
• TWO INVITING PATIOS
• LUSH TROPICAL LANDSCAPING
• COVERED CARPORT
• HURRICANE SHUTTERS
• DOUBLE-INSULATED METAL ROOF

Property features AI

Finance

• Other: Home warranty included
• Financial info: Land lease of $828.00 monthly (lease expires 2050-06-09)
• HOA & community: Senior community; Pets allowed (cats and dogs permitted, no restrictions noted); Community contains 104 units

Exterior

• Parking: Two covered parking spaces; Attached carport (2-car); Driveway
• Security: Closed-circuit camera system; Smoke detectors
• Utilities: Public water; Public sewer; 100 amp electric service; Cable available; Phone available; Underground utilities; Water and electricity available
• Home design: Manufactured home (single wide, Buddy model); One story; Entry level: 1; Faces north
• Construction: Aluminum siding; Concrete roof; Aluminum skirting; Slab foundation; Mobile home remains in place (53' x 18')
• Exterior features: Interior lot; Asphalt road frontage; Private maintained road; Shed(s) on the property; Not waterfront

Interior

• Kitchen: Electric range; Electric cooktop; Microwave; Refrigerator; Electric water heater
• Bedrooms: One main-level bedroom
• Flooring: Carpet; Laminate; Wood; Single-hung metal windows
• Bathrooms: Two full bathrooms (one on the main level)
• Heating & cooling: Central heating; Central air conditioning; Ceiling fan(s)
• Interior features: Bedroom layout is split; Negotiable furnishings; Blinds and shutters on windows
• Laundry & utility: Interior laundry room on the main level; In-unit washer/dryer connections; Laundry tub

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $68k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $68k).
• Cap rate 25.3% vs local median 2.6% in Palm City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 79/100 on livability (#140 in FL, #2,113 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living F.
• Martin (suburban): math 52% / reading 53% proficiency, ranked #24 of 73 in FL (top 33%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Crystal Lake Elementary School (math 51% / reading 58%, grade C, #892 of 2,144 statewide, top 44%, 441 students, 38% FRL); Dr. David L. Anderson Middle School (math 51% / reading 46%, grade C-, #274 of 571 statewide, top 50%, 1,035 students, 63% FRL); South Fork High School (math 36% / reading 48%, grade F, #275 of 667 statewide, top 42%, 1,810 students, 51% FRL).
• Market conditions: Rents rising (+2.7%/yr); 588 active listings in the ZIP; solid renter incomes; 737 units permitted in Martin County in 2024 (167 in 5+ unit buildings).
• This rent runs 30% of the median local income ($78k/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 $470 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Martin County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 2.7% rent growth), your $19k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• 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 $68,000

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-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. 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.
5. 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.
6. 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: 2.88% ✓
• Cap rate: 25.34%
• Cash-on-cash: 68.03%
• DSCR: 4.03
• GRM: 2.9

CMA / ARV

• ARV (on-the-fly): $189,750
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9274 SW Mary Dr E	0.07mi	3/3.0 (+1)	1,200 (+4%)	6mo	$95,000	$79	75
9273 SW Mary Dr	0.08mi	2/2.0	980 (-15%)	5mo	$89,000	$91	67
2554 SW Olds Pl	0.66mi	2/2.0	1,126 (-2%)	11mo	$160,000	$142	56
2596 SW Olds Pl	0.69mi	2/2.0	1,090 (-5%)	13mo	$204,000	$187	49
2585 SW Marquis Ter	0.68mi	2/2.0	1,294 (+12%)	1mo	$213,500	$165	46
2542 SW Marquis Ter	0.65mi	2/2.0	1,221 (+6%)	17mo	$233,000	$191	46
2401 SW Olds Pl	0.53mi	2/2.0	1,273 (+11%)	15mo	$215,000	$169	45
2566 SW Pontiac Pl	0.66mi	2/2.0	1,252 (+9%)	14mo	$151,500	$121	43
8921 SW Chevy Cir	0.68mi	2/2.0	1,000 (-13%)	19mo	$249,900	$250	31

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 · 2.71% rent growth · sell at horizon

5-year hold

• IRR: 67.1%
• Equity multiple: 4.00×
• Total profit: $57,191
• Equity at exit: $10,139

10-year hold

• IRR: 71.2%
• Equity multiple: 8.15×
• Total profit: $136,120
• Equity at exit: $5,879

Cash invested: $19,040 (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 34997

• Rents YoY: 2.7%
• Active inventory: 588
• Price-to-rent: 2.9×

Monthly cashflow live

• Estimated rent: $1,961 medium
• Mortgage (P&I): −$357
• Tax est. 1.5%: −$85 /mo · $1,020/yr
• Insurance: −$28
• HOA: −$0
• Vacancy / Maint / Mgmt: −$412
• Net cashflow: $1,079

Break-even live

Break-even rent $595

Max offer price $68,000

Occupancy floor 40%

Sensitivity live

Price	-10% $1,126	-5% $1,103	+0% $1,079	+5% $1,056	+10% $1,032
Rent	-10% $925	-5% $1,002	+0% $1,079	+5% $1,157	+10% $1,234
Rate	-1.0pp $1,114	-0.5pp $1,097	base $1,079	+0.5pp $1,062	+1.0pp $1,044

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: $17,000
• Closing costs: $2,040
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-06-18
   days on market $68,000 Active 9 DOM
2. 2026-06-17
   days on market $68,000 Active 8 DOM
3. 2026-06-16
   days on market $68,000 Active 7 DOM
4. 2026-06-15
   days on market $68,000 Active 6 DOM
5. 2026-06-14
   days on market $68,000 Active 4 DOM
6. 2026-06-13
   days on market $68,000 Active 3 DOM
7. 2026-06-09
   remarks 689-char remark
8. 2026-06-09
   listed $68,000 Active 1 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 ≥107°F today · 24 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,535
• − Mortgage interest: −$3,809
• − Property taxes: −$1,020
• − Insurance: −$340
• − Repairs & maintenance: −$1,883
• − Management: −$1,883
• − Depreciation: −$1,978
• Taxable income: $12,622
• Est. tax owed @ 24.0%: −$3,029
• After-tax cash flow: $9,924/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 · 12 photos

Fair 45/100 Moderate rehab

This manufactured home requires moderate repairs and maintenance, with a focus on exterior siding, appliances, and landscaping. Upgrades in these areas would significantly enhance its value and appeal.

Repairs flagged

• Major Appliances — Old and worn, likely not functioning optimally.
• Moderate Exterior siding — Weathered and discolored, may need repainting or replacement.
• Minor Landscaping — Overgrown and may need trimming and maintenance.

Value-add opportunities

• Both Paint exterior siding — Enhances curb appeal and value
• Both Replace old appliances — Improves functionality and aesthetics
• Both Trim and maintain landscaping — Enhances curb appeal and value

Renovation cost estimate screening

Repair item	Severity	Est. cost
Appliances · Old and worn, likely not functioning optimally.	Major	$15,000–50,000
Exterior siding · Weathered and discolored, may need repainting or replacement.	Moderate	$3,000–15,000
Landscaping · Overgrown and may need trimming and maintenance.	Minor	$500–3,000
Total estimated repair cost · 3 items		$18,500–68,000

Value-add ROI direction

• Both Paint exterior siding — Enhances curb appeal and value ↑
• Both Replace old appliances — Improves functionality and aesthetics ↑
• Both Trim and maintain landscaping — Enhances curb appeal and value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Martin
• NCES district ID: 1201290
• Math proficiency: 52% ▼ -14.00%
• Reading proficiency: 53% ▼ -4.00%
• Median HH income: $52,482
• Composite: 45.1/100
• National rank: #2690
• State rank: #24 of 73 in FL

Livability — Palm City

• Score: 79/100
• State rank: #140
• US rank: #2113

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Martin County · 165,223 people
• City population: 65,812
• Metro: Port St. Lucie, FL
• Population (ZIP): 47,075
• Household income: $78,136
• Rent vs Own: 19.1% rent · 80.9% own
• Severe rent burden: 1323.0

Population outlook (Martin County) Hauer SSP2

• Today (2025): 172,383 people
• By 2030: 180,192 · +4.5%
• By 2040: 194,114 · +12.6%
• By 2050: 204,992 · +18.9%
• By 2075: 229,641 · +33.2%
• By 2100: 232,146 · +34.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Hispanic / Latino 19% Two or more races 9% Black 3% Asian 1%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2% Cuban 3%
• Common ancestry: Romanian 3% Lithuanian 3% Slovak 2%
• Foreign-born: 14% · Canada, Jamaica, China
• Languages at home: 81% English-only · Spanish 14% French/Haitian/Cajun 2% Other Indo-European 1%

Political lean MEDSL · Martin

• 2024 margin: Solid R (+31.1) · D 34.1% · R 65.2%
• 2008→2024 swing: -17.5pp toward R · 2008: -13.6pp · 2024: -31.1pp
• All cycles: 2024: R+31.1 2020: R+24.6 2016: R+26.9 2012: R+22.9 2008: R+13.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -319.78%
• Current HPI: 336.7717
• Rent YoY: ▲ 2.71%
• Metro: Port St. Lucie, 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

1 event — show timeline

• 2026-06-09 Listed $68,000 Beaches MLS