750 Friday Rd · Cocoa, FL 32926

$169,000

3 bd · 2.0 ba · 1,450 sqft · Manufactured public records · 27 Days on market

Built 2005

---

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 +27.8/30.0
• DSCR +9.8/10.0
• ARV discount +7.5/15.0
• 1% rule +7.2/10.0
• 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

UPDATED PICTURES Large 1989 doublewide manufactured home sitting on . 52 acres in country setting yet close to everything. This home has 1450 sq. feet under air. 3 nice size bedrooms with split plan and 2 full baths. 1 car carport and a 25x11 workshop with electric. Enclosed back porch is huge 12x29. The yard is fenced. New HVAC 2016. NEW Hot water heater May 2021. NEW Electric panel June 2021. Metal roof. Gas stove uses propane. Septic and CITY WATER. Vinyl wood flooring in most rooms. This home needs a handyman to return this home to its full potential. Sketch of home uploaded with pictures.

Key facts

• Built 2005
• Listed 26 days

Tags

• EASY ACCESS TO BEACHES
• EASY ACCESS TO ROCKET LAUNCHES
• EASY ACCESS TO AIRPORT

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $169k.

Deal economics

• At list price, monthly cash flow is $516 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $169k).
• Recommended offer: $166k (1.5% below list) — sets the bar for market timing.

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; 4 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 35% 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 $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.
• At projected returns (-3.0% appreciation + 5.6% rent growth), your $47k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($166k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y 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 $120k; 41% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $166,465 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
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: 1.22% ✓
• Cap rate: 9.96%
• Cash-on-cash: 13.09%
• DSCR: 1.58
• GRM: 6.8

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: 5.8%
• Equity multiple: 1.23×
• Total profit: $11,036
• Equity at exit: $25,198

10-year hold

• IRR: 17.4%
• Equity multiple: 2.61×
• Total profit: $75,970
• Equity at exit: $14,612

Cash invested: $47,320 (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: 6.8×

Monthly cashflow live

• Estimated rent: $2,069 medium
• Mortgage (P&I): −$886
• Tax from tax record: −$162 /mo · $1,941/yr
• Insurance: −$70
• HOA: −$0
• Vacancy / Maint / Mgmt: −$434
• Net cashflow: $516

Break-even live

Break-even rent $1,416

Max offer price $169,000

Occupancy floor 70%

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: $42,250
• Closing costs: $5,070
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4164 Fishermans Pl Cocoa, FL	2.0	2.0	1200	$1,625	$1.35	23d	1	1.05mi
1839 Morely Dr Cocoa, FL	4.0	2.0	1830	$2,495	$1.36	21d	1	1.40mi
527 A Ln Cocoa, FL	3.0	1.0	1500	$1,800	$1.20	23d	1	1.42mi
4300 Florida 524 Cocoa, FL	1.0–2.0	1.0–2.0	950	$1,880	$1.98	14d	197	1.42mi

Listing history 21 events

1. 2026-06-18
   days on market $169,000 Active 27 DOM
2. 2026-06-17
   days on market $169,000 Active 26 DOM
3. 2026-06-16
   days on market $169,000 Active 25 DOM
4. 2026-06-15
   days on market $169,000 Active 24 DOM
5. 2026-06-14
   days on market $169,000 Active 22 DOM
6. 2026-06-10
   days on market $169,000 Active 19 DOM
7. 2026-06-08
   days on market $169,000 Active 17 DOM
8. 2026-06-07
   days on market $169,000 Active 16 DOM
9. 2026-06-05
   days on market $169,000 Active 13 DOM
10. 2026-06-03
    days on market $169,000 Active 12 DOM
11. 2026-06-02
    days on market $169,000 Active 11 DOM
12. 2026-06-01
    days on market $169,000 Active 10 DOM
13. 2026-05-31
    days on market $169,000 Active 9 DOM
14. 2026-05-23
    listed $169,000 Active
15. 2021-06-18
    soldstatus $120,000 Closed 600-char remark

    Show marketing remark (600 chars)

    UPDATED PICTURES Large 1989 doublewide manufactured home sitting on . 52 acres in country setting yet close to everything. This home has 1450 sq. feet under air. 3 nice size bedrooms with split plan and 2 full baths. 1 car carport and a 25x11 workshop with electric. Enclosed back porch is huge 12x29. The yard is fenced. New HVAC 2016. NEW Hot water heater May 2021. NEW Electric panel June 2021. Metal roof. Gas stove uses propane. Septic and CITY WATER. Vinyl wood flooring in most rooms. This home needs a handyman to return this home to its full potential. Sketch of home uploaded with pictures.

16. 2021-05-19
    historical Backups 600-char remark

    Show marketing remark (600 chars)

    UPDATED PICTURES Large 1989 doublewide manufactured home sitting on . 52 acres in country setting yet close to everything. This home has 1450 sq. feet under air. 3 nice size bedrooms with split plan and 2 full baths. 1 car carport and a 25x11 workshop with electric. Enclosed back porch is huge 12x29. The yard is fenced. New HVAC 2016. NEW Hot water heater May 2021. NEW Electric panel June 2021. Metal roof. Gas stove uses propane. Septic and CITY WATER. Vinyl wood flooring in most rooms. This home needs a handyman to return this home to its full potential. Sketch of home uploaded with pictures.

17. 2021-05-11
    status Active 600-char remark

    Show marketing remark (600 chars)

    UPDATED PICTURES Large 1989 doublewide manufactured home sitting on . 52 acres in country setting yet close to everything. This home has 1450 sq. feet under air. 3 nice size bedrooms with split plan and 2 full baths. 1 car carport and a 25x11 workshop with electric. Enclosed back porch is huge 12x29. The yard is fenced. New HVAC 2016. NEW Hot water heater May 2021. NEW Electric panel June 2021. Metal roof. Gas stove uses propane. Septic and CITY WATER. Vinyl wood flooring in most rooms. This home needs a handyman to return this home to its full potential. Sketch of home uploaded with pictures.

18. 2021-05-04
    historical Contingent 600-char remark

    Show marketing remark (600 chars)

    UPDATED PICTURES Large 1989 doublewide manufactured home sitting on . 52 acres in country setting yet close to everything. This home has 1450 sq. feet under air. 3 nice size bedrooms with split plan and 2 full baths. 1 car carport and a 25x11 workshop with electric. Enclosed back porch is huge 12x29. The yard is fenced. New HVAC 2016. NEW Hot water heater May 2021. NEW Electric panel June 2021. Metal roof. Gas stove uses propane. Septic and CITY WATER. Vinyl wood flooring in most rooms. This home needs a handyman to return this home to its full potential. Sketch of home uploaded with pictures.

19. 2021-04-30
    listed $120,000 Active 600-char remark

    Show marketing remark (600 chars)

    UPDATED PICTURES Large 1989 doublewide manufactured home sitting on . 52 acres in country setting yet close to everything. This home has 1450 sq. feet under air. 3 nice size bedrooms with split plan and 2 full baths. 1 car carport and a 25x11 workshop with electric. Enclosed back porch is huge 12x29. The yard is fenced. New HVAC 2016. NEW Hot water heater May 2021. NEW Electric panel June 2021. Metal roof. Gas stove uses propane. Septic and CITY WATER. Vinyl wood flooring in most rooms. This home needs a handyman to return this home to its full potential. Sketch of home uploaded with pictures.

20. 2021-04-28
    historical $120,000 600-char remark

    Show marketing remark (600 chars)

    UPDATED PICTURES Large 1989 doublewide manufactured home sitting on . 52 acres in country setting yet close to everything. This home has 1450 sq. feet under air. 3 nice size bedrooms with split plan and 2 full baths. 1 car carport and a 25x11 workshop with electric. Enclosed back porch is huge 12x29. The yard is fenced. New HVAC 2016. NEW Hot water heater May 2021. NEW Electric panel June 2021. Metal roof. Gas stove uses propane. Septic and CITY WATER. Vinyl wood flooring in most rooms. This home needs a handyman to return this home to its full potential. Sketch of home uploaded with pictures.

21. 1989-06-01
    soldstatus $25,800

ⓘ 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: $1,941 · $162/mo
• Projected year-2 tax: $1,941 · $162/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: $24,827
• − Mortgage interest: −$9,467
• − Property taxes: −$1,941
• − Insurance: −$845
• − Repairs & maintenance: −$1,986
• − Management: −$1,986
• − Depreciation: −$4,916
• Taxable income: $3,686
• Est. tax owed @ 24.0%: −$885
• After-tax cash flow: $5,308/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

+555.0% since first listed

8 events — show timeline

• 2026-05-23 Listed $169,000 FSBO.com
• 2021-06-18 Sold (MLS) $120,000 SCMLS
• 2021-05-19 Contingent — SCMLS
• 2021-05-11 Relisted — SCMLS
• 2021-05-04 Contingent — SCMLS
• 2021-04-30 Listed $120,000 SCMLS
• 2021-04-28 Coming Soon $120,000 SCMLS
• 1989-06-01 Sold (Public Records) $25,800 Public Records

Property tax history

+10.2%/yr

Latest (2025): $1,941 · +10.7% YoY. Source: county tax records.