120 N Hilltop Dr · Titusville, FL 32796

$150,000

3 bd · 2.0 ba · 1,567 sqft · Other public records · 34 Days on market

Built 1958 10,454 sqft lot

---

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
• DSCR +10.0/10.0
• 1% rule +9.0/10.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Livability +4.2/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

If you are an investor looking for a fixer upper then this is it! Property needs extensive work and has mold inside. Please see property disclosures.

Key facts

• Easy access
• Mature oak trees
• Spacious lot

Tags

• SPACIOUS LOT
• MATURE OAK TREES
• OUTDOOR SPACE
• PEACEFUL SETTING
• CONVENIENTLY LOCATED
• EASY ACCESS

Property features AI

Finance

• Other: Zoning: R1B
• Financial info: No investor or income/expense details provided
• HOA & community: No HOA association

Exterior

• Parking: No parking details listed
• Security: No security features listed
• Utilities: Public water; Public sewer; Other utilities
• Home design: Single family residence; Residential property; One story; Faces east; Entry level: One
• Construction: Block construction; Membrane roof; Slab foundation; Built on a 0.24-acre lot (75 x 142)
• Exterior features: Other exterior features; Asphalt road access

Interior

• Kitchen: No appliances listed
• Bedrooms: 1 bedroom
• Flooring: Other flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: No heating listed; No cooling listed
• Interior features: No interior features listed
• Laundry & utility: No laundry features

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $150k.

Deal economics

• At list price, monthly cash flow is $705 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $146k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 84/100 on livability (#42 in FL, #668 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: schools C-, crime D, 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 flat; 256 active listings in the ZIP; 17 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 37% of the median local income ($67k/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 $4k 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 + 0.6% rent growth), your $42k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 16y 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 $75k; list at $150k implies a 100% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $145,500 (3.0% below list)

Questions for the listing agent

1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is D 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. 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.
6. 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.
7. 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: 1.40% ✓
• Cap rate: 11.93%
• Cash-on-cash: 20.14%
• DSCR: 1.90
• GRM: 5.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.59% rent growth · sell at horizon

5-year hold

• IRR: 9.7%
• Equity multiple: 1.37×
• Total profit: $15,588
• Equity at exit: $22,365

10-year hold

• IRR: 16.8%
• Equity multiple: 2.23×
• Total profit: $51,833
• Equity at exit: $12,969

Cash invested: $42,000 (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 32796

• Rents YoY: 0.6%
• Active inventory: 256
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $2,104 high
• Mortgage (P&I): −$787
• Tax from tax record: −$108 /mo · $1,295/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$442
• Net cashflow: $705

Break-even live

Break-even rent $1,211

Max offer price $150,000

Occupancy floor 61%

Sensitivity live

Price	-10% $790	-5% $747	+0% $705	+5% $662	+10% $620
Rent	-10% $539	-5% $622	+0% $705	+5% $788	+10% $871
Rate	-1.0pp $780	-0.5pp $743	base $705	+0.5pp $666	+1.0pp $626

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
102 S Christmas Hill Rd Titusville, FL	3.0	2.0	1304	$2,300	$1.76	15d	1	0.19mi
102 S Christmas Hill Rd Titusville, FL	3.0	2.0	1304	$2,200	$1.69	24d	1	0.19mi
583 Gardenia Cir Titusville, FL	3.0	2.0	1120	$1,800	$1.61	24d	1	0.41mi
265 W Towne Pl Titusville, FL	2.0	1.0	1128	$1,650	$1.46	24d	1	0.48mi
292 W Towne Pl Titusville, FL	2.0	2.5	1242	$1,450	$1.17	14d	1	0.50mi
2008 Vaughn St Titusville, FL	3.0	1.5	1198	$1,850	$1.54	24d	1	0.73mi
3315 Casi Dr Titusville, FL	3.0	2.0	2132	$2,700	$1.27	24d	1	0.76mi
945 Luna Ter Titusville, FL	4.0	2.0	1863	$2,600	$1.40	24d	1	0.77mi
609 Ward Ave Titusville, FL	3.0	2.0	1200	$1,950	$1.62	24d	1	0.81mi
965 N Singleton Ave Titusville, FL	3.0	2.0	1493	$2,250	$1.51	20d	1	0.81mi
2745 Starlight Dr Titusville, FL	3.0	2.0	1232	$1,800	$1.46	24d	1	0.85mi
3007 Telka Lynn Dr Titusville, FL	3.0	2.0	1560	$2,400	$1.54	24d	1	0.89mi
1795 S Lilac Cir Titusville, FL	3.0	2.0	1584	$2,000	$1.26	24d	1	0.90mi
1105 Morse Ave Titusville, FL	3.0	2.0	1218	$1,995	$1.64	24d	1	0.97mi
1340 Sharon Dr Titusville, FL	3.0	2.0	1872	$2,516	$1.34	14d	1	1.20mi
5 N Deleon Ave Unit Sfr Titusville, FL	3.0	1.0	2168	$1,700	$0.78	24d	1	1.37mi
660 Minnie St Titusville, FL	3.0	1.5	1860	$1,500	$0.81	24d	1	1.50mi

Listing history 25 events

1. 2026-06-18
   days on market $150,000 Active 34 DOM
2. 2026-06-17
   days on market $150,000 Active 33 DOM
3. 2026-06-16
   days on market $150,000 Active 32 DOM
4. 2026-06-15
   days on market $150,000 Active 31 DOM
5. 2026-06-14
   days on market $150,000 Active 29 DOM
6. 2026-06-10
   days on market $150,000 Active 26 DOM
7. 2026-06-08
   days on market $150,000 Active 24 DOM
8. 2026-06-07
   days on market $150,000 Active 23 DOM
9. 2026-06-05
   days on market $150,000 Active 20 DOM
10. 2026-06-03
    days on market $150,000 Active 19 DOM
11. 2026-06-02
    days on market $150,000 Active 18 DOM
12. 2026-06-01
    days on market $150,000 Active 17 DOM
13. 2026-05-31
    days on market $150,000 Active 16 DOM
14. 2026-05-31
    days on market $150,000 Active 15 DOM
15. 2026-05-15
    listed $150,000 Active
16. 2018-02-28
    soldstatus $75,000
17. 2013-12-30
    historical 149-char remark

    Show marketing remark (149 chars)

    If you are an investor looking for a fixer upper then this is it! Property needs extensive work and has mold inside. Please see property disclosures.

18. 2013-03-12
    listed $31,500 149-char remark

    Show marketing remark (149 chars)

    If you are an investor looking for a fixer upper then this is it! Property needs extensive work and has mold inside. Please see property disclosures.

19. 2012-07-13
    soldstatus $14,000 109-char remark

    Show marketing remark (109 chars)

    FIXER UPPER BEING SOLD AS-IS. 3 BEDROOMS, 2 BATHS. HOME NEEDS EXTENSIVE WORK. MOLD AND OTHER HAZARDS ON SITE.

20. 2012-06-14
    listed $15,000 109-char remark

    Show marketing remark (109 chars)

    FIXER UPPER BEING SOLD AS-IS. 3 BEDROOMS, 2 BATHS. HOME NEEDS EXTENSIVE WORK. MOLD AND OTHER HAZARDS ON SITE.

21. 2010-10-29
    soldstatus $9,900
22. 2010-09-10
    listed $9,900
23. 1996-11-07
    soldstatus $68,900
24. 1993-07-15
    soldstatus $62,542
25. 1974-09-01
    soldstatus $18,500

ⓘ 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: $1,295 · $108/mo
• Projected year-2 tax: $1,295 · $108/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 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°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

Taxation est. · year 1

• Rental income: $25,244
• − Mortgage interest: −$8,402
• − Property taxes: −$1,295
• − Insurance: −$750
• − Repairs & maintenance: −$2,020
• − Management: −$2,020
• − Depreciation: −$4,364
• Taxable income: $6,394
• Est. tax owed @ 24.0%: −$1,535
• After-tax cash flow: $6,924/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.

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 — Titusville

• Score: 84/100
• State rank: #42
• US rank: #668

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Titusville, FL
• County: Brevard County · 602,871 people
• City population: 60,286
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 20,222
• Household income: $67,491
• Rent vs Own: 15.2% rent · 84.8% own
• Severe rent burden: 403.0

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 (81%)
• Race & ethnicity: White 81% Black 8% Hispanic / Latino 6% Two or more races 4%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Romanian 3% Italian 3% Slovak 2%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 5%

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: ▼ -172.25%
• Current HPI: 303.5534
• Rent YoY: ▲ 0.59%
• 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

+710.8% since first listed

11 events — show timeline

• 2026-05-15 Listed $150,000 Stellar MLS as Distributed by MLS Grid
• 2018-02-28 Sold (Public Records) $75,000 Public Records
• 2013-12-30 Listing Removed — SCMLS
• 2013-03-12 Listed $31,500 SCMLS
• 2012-07-13 Sold (MLS) $14,000 SCMLS
• 2012-06-14 Listed $15,000 SCMLS
• 2010-10-29 Sold (MLS) $9,900 SCMLS
• 2010-09-10 Listed $9,900 SCMLS
• 1996-11-07 Sold (Public Records) $68,900 Public Records
• 1993-07-15 Sold (Public Records) $62,542 Public Records
• 1974-09-01 Sold (Public Records) $18,500 Public Records

Property tax history

+8.4%/yr

Latest (2025): $1,295 · +26.1% YoY. Source: county tax records.