143 Rosewood Dr · Cocoa, FL 32926

$75,900

2 bd · 2.0 ba · 1,302 sqft · Manufactured public records · 1 Days on market

Built 1991 0.32 ac lot $115/mo HOA · 6% of rent

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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 +4.7/10.0
• Rent growth +3.9/5.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Handyman or investor special! This waterfront 2 bedroom, 2 bath mobile home is located in Forest Lakes of Cocoa, a senior community. This home features a formal dining room, formal living room, indoor laundry, a Florida room, a 2017 roof, and a 2015 AC. Located near dining, gas stations, shopping, less than a mile from Interstate 95 and State Road 520. Seller will consider all offers. Cash Only!!

Key facts

• Formal dining room
• Florida room
• Formal living room

Tags

• WATERFRONT
• FORMAL DINING ROOM
• FORMAL LIVING ROOM
• INDOOR LAUNDRY
• FLORIDA ROOM
• 2017 ROOF

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $76k.

Deal economics

• At list price, monthly cash flow is $769 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $76k).

Location & tenants

• Location reads 72/100 on livability (#344 in FL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, amenities F, 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.
• Market conditions: Rents rising fast (+5.6%/yr); 291 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
• This rent runs 31% 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 $525 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 5.6% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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; major 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 $75,900

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-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. Crime grade is F 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?
5. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
6. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
7. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
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: 2.43% ✓
• Cap rate: 18.46%
• Cash-on-cash: 43.44%
• DSCR: 2.93
• GRM: 3.4

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: 43.7%
• Equity multiple: 2.97×
• Total profit: $41,791
• Equity at exit: $11,317

10-year hold

• IRR: 51.0%
• Equity multiple: 6.72×
• Total profit: $121,482
• Equity at exit: $6,562

Cash invested: $21,252 (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: 291
• Price-to-rent: 3.4×

Monthly cashflow live

• Estimated rent: $1,848 medium
• Mortgage (P&I): −$398
• Tax from tax record: −$146 /mo · $1,752/yr
• Insurance: −$32
• HOA: −$115
• Vacancy / Maint / Mgmt: −$388
• Net cashflow: $769

Break-even live

Break-even rent $874

Max offer price $75,900

Occupancy floor 53%

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: $18,975
• Closing costs: $2,277
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
527 A Ln Cocoa, FL	3.0	1.0	1500	$1,800	$1.20	23d	1	0.78mi
4164 Fishermans Pl Cocoa, FL	2.0	2.0	1200	$1,625	$1.35	23d	1	1.17mi
3782 Catalina Dr Cocoa, FL	3.0	2.0	1404	$2,075	$1.48	23d	1	1.19mi

HOA detail

• Monthly dues: $115 · $1,380/yr
• Likely covers: watergas

Listing history 6 events

1. 2026-03-14
   status Pending 400-char remark

   Show marketing remark (400 chars)

   Handyman or investor special! This waterfront 2 bedroom, 2 bath mobile home is located in Forest Lakes of Cocoa, a senior community. This home features a formal dining room, formal living room, indoor laundry, a Florida room, a 2017 roof, and a 2015 AC. Located near dining, gas stations, shopping, less than a mile from Interstate 95 and State Road 520. Seller will consider all offers. Cash Only!!

2. 2026-03-14
   status Pending

   Show marketing remark (400 chars)

   Handyman or investor special! This waterfront 2 bedroom, 2 bath mobile home is located in Forest Lakes of Cocoa, a senior community. This home features a formal dining room, formal living room, indoor laundry, a Florida room, a 2017 roof, and a 2015 AC. Located near dining, gas stations, shopping, less than a mile from Interstate 95 and State Road 520. Seller will consider all offers. Cash Only!!

3. 2026-03-13
   listed $75,900 Active 400-char remark

   Show marketing remark (400 chars)

   Handyman or investor special! This waterfront 2 bedroom, 2 bath mobile home is located in Forest Lakes of Cocoa, a senior community. This home features a formal dining room, formal living room, indoor laundry, a Florida room, a 2017 roof, and a 2015 AC. Located near dining, gas stations, shopping, less than a mile from Interstate 95 and State Road 520. Seller will consider all offers. Cash Only!!

4. 2026-03-13
   listed $75,900 Active

   Show marketing remark (400 chars)

   Handyman or investor special! This waterfront 2 bedroom, 2 bath mobile home is located in Forest Lakes of Cocoa, a senior community. This home features a formal dining room, formal living room, indoor laundry, a Florida room, a 2017 roof, and a 2015 AC. Located near dining, gas stations, shopping, less than a mile from Interstate 95 and State Road 520. Seller will consider all offers. Cash Only!!

5. 1992-05-30
   soldstatus $86,000
6. 1991-05-30
   soldstatus $29,000

ⓘ 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: $1,752 · $146/mo
• Projected year-2 tax: $1,752 · $146/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 7/10 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: $22,177
• − Mortgage interest: −$4,252
• − Property taxes: −$1,752
• − Insurance: −$380
• − Repairs & maintenance: −$1,774
• − Management: −$1,774
• − HOA: −$1,380
• − Depreciation: −$2,208
• Taxable income: $8,658
• Est. tax owed @ 24.0%: −$2,078
• After-tax cash flow: $7,154/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 — Cocoa

• Score: 72/100
• State rank: #344
• US rank: #5979

Category grades

Amenities F Commute A+ Cost of living A+ Crime F Employment D- 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: 67,424
• 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

+161.7% since first listed

6 events — show timeline

• 2026-03-14 Pending — SCMLS
• 2026-03-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-13 Listed $75,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-13 Listed $75,900 SCMLS
• 1992-05-30 Sold (Public Records) $86,000 Public Records
• 1991-05-30 Sold (Public Records) $29,000 Public Records

Property tax history

+9.7%/yr

Latest (2025): $1,752 · +7.9% YoY. Source: county tax records.