5009 Deanna Ln · Fort Pierce North, FL 34946

$120,000

2 bd · 1.5 ba · 720 sqft · Manufactured public records · 18 Days on market

Built 1972 7,500 sqft lot

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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
• DSCR +10.0/10.0
• 1% rule +8.9/10.0
• Appreciation +8.0/10.0
• ARV discount +7.5/15.0
• Schools +3.7/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

OUTSTANDING INVESTMENT OPPORTUNITY OR AN INEXPENSIVE PLACE TO LIVE FULL OR PART TIME. THIS 2/1.5 MOBILE HOME IS SITUATED ON .17 ACRES WHICH IS OWNED AND NO MAINTENANCE FEES! CITY WATER IS AVAILABLE, CURRENTLY ON WELL WATER. PROPERTY IS TOTALLY FENCED AND HAS A SHED WITH ELECTRIC. THE MOBILE HAS BRAND NEW FLOORING, NEW KITCHEN CABINETS AND COUNTERTOPS AND THE INSIDE WAS FRESHLY PAINTED AND HAS A NEWER WATER HEATER. THERE IS AN 8 X 9 DEN WHICH COULD BE A 3RD BEDROOM. REFRIGERATOR AND RANGE JUST ADDED! JUST A LITTLE MORE TLC AND THIS WOULD BE A GEM. PRICED FOR A VERY QUICK SALE!

Key facts

• 7,500 sq ft lot
• Built 1972
• Listed 17 days

Property features AI

Finance

• Other: Building area total reported as 1,073 (total building area) and living area reported as 720; Property listed as a mobile home (subtype)
• Financial info: Pets allowed with no restrictions
• HOA & community: No HOA/community details listed

Exterior

• Parking: No carport; No designated parking spaces listed
• Security: No security features listed
• Utilities: Public water; Septic tank sewer; Water connected
• Home design: Mobile home; Single-story; Faces northeast; Resale condition
• Construction: Vinyl siding exterior; Tar/gravel roof; Appraiser-sourced building area
• Exterior features: Not on waterfront

Interior

• Kitchen: Refrigerator included
• Bedrooms: Two main-level bedrooms
• Flooring: Vinyl flooring
• Bathrooms: One full bathroom and one half bathroom (two total), one on the main level
• Heating & cooling: Cooling provided by wall/window unit(s)
• Interior features: No notable built-in interior features listed
• Laundry & utility: No laundry equipment listed

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath manufactured listed at $120k.

Deal economics

• At list price, monthly cash flow is $495 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).
• Recommended offer: $118k (1.5% below list) — sets the bar for market timing.
• Cap rate 11.2% vs local median 5.1% in Fort Pierce North — 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 69/100 on livability (#480 in FL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools F, amenities F, employment F.
• St. Lucie (urban): math 40% / reading 48% proficiency, ranked #51 of 73 in FL (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 133 active listings in the ZIP; 4,868 units permitted in St. Lucie County in 2024 (268 in 5+ unit buildings).

Forward outlook

• In year one you build about $8k of equity ($830 loan paydown + $7k appreciation (5.9% local appreciation)).
• St. Lucie County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (5.9% appreciation + 3.0% rent growth), your $34k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 18 days — a 2% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 28y 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 $120k implies a 60% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $118,200 (1.5% below list)

Questions for the listing agent

1. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.39% ✓
• Cap rate: 11.24%
• Cash-on-cash: 17.67%
• DSCR: 1.79
• GRM: 6.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

5.92% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 30.0%
• Equity multiple: 2.95×
• Total profit: $65,626
• Equity at exit: $74,836

10-year hold

• IRR: 28.0%
• Equity multiple: 6.02×
• Total profit: $168,552
• Equity at exit: $135,196

Cash invested: $33,600 (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 34946

• Home prices YoY: 1.7%
• Active inventory: 133
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,674 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$148 /mo · $1,778/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$352
• Net cashflow: $495

Break-even live

Break-even rent $1,047

Max offer price $120,000

Occupancy floor 65%

Sensitivity live

Price	-10% $563	-5% $529	+0% $495	+5% $461	+10% $427
Rent	-10% $363	-5% $429	+0% $495	+5% $561	+10% $627
Rate	-1.0pp $555	-0.5pp $525	base $495	+0.5pp $464	+1.0pp $432

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Listing history 12 events

1. 2026-06-21
   days on market $120,000 Active 18 DOM
2. 2026-06-18
   days on market $120,000 Active 15 DOM
3. 2026-06-17
   days on market $120,000 Active 14 DOM
4. 2026-06-16
   days on market $120,000 Active 13 DOM
5. 2026-06-15
   days on market $120,000 Active 12 DOM
6. 2026-06-14
   days on market $120,000 Active 10 DOM
7. 2026-06-13
   days on market $120,000 Active 9 DOM
8. 2026-06-10
   days on market $120,000 Active 7 DOM
9. 2026-06-09
   days on market $120,000 Active 6 DOM
10. 2026-06-08
    days on market $120,000 Active 5 DOM
11. 2026-06-07
    days on market $120,000 Active 4 DOM
12. 2026-06-05
    listed $120,000 Active 1 DOM

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

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,778 · $148/mo
• Projected year-2 tax: $1,778 · $148/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 26 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: $20,086
• − Mortgage interest: −$6,722
• − Property taxes: −$1,778
• − Insurance: −$600
• − Repairs & maintenance: −$1,607
• − Management: −$1,607
• − Depreciation: −$3,491
• Taxable income: $4,282
• Est. tax owed @ 24.0%: −$1,028
• After-tax cash flow: $4,911/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: St. Lucie
• NCES district ID: 1201770
• Math proficiency: 40% ▼ -11.00%
• Reading proficiency: 48% ▼ -4.00%
• Median HH income: $44,737
• Composite: 37.28/100
• National rank: #4449
• State rank: #51 of 73 in FL

Livability — Fort Pierce North

• Score: 69/100
• State rank: #480
• US rank: #8764

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 6,588

Population outlook (St. Lucie County) Hauer SSP2

• Today (2025): 338,016 people
• By 2030: 355,687 · +5.2%
• By 2040: 385,521 · +14.1%
• By 2050: 406,106 · +20.1%
• By 2075: 441,054 · +30.5%
• By 2100: 436,885 · +29.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: Black 36% Hispanic / Latino 34% White 26% Two or more races 18% Native American 4% Asian 1%
• Hispanic origin (detail): Mexican 16% Puerto Rican 2% Cuban 2% Salvadoran 1%
• Common ancestry: Lithuanian 1% Slovak 1% Portuguese 1%
• Foreign-born: 25% · Canada, Dominican Republic
• Languages at home: 70% English-only · Spanish 28% Other Indo-European 1%

Political lean MEDSL · St. Lucie

• 2024 margin: Lean R (+9.1) · D 45.1% · R 54.2%
• 2008→2024 swing: -21.2pp toward R · 2008: 12.1pp · 2024: -9.1pp
• All cycles: 2024: R+9.1 2020: R+1.6 2016: R+2.5 2012: D+7.9 2008: D+12.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 5.92%
• Current HPI: 351.3324
• Rent YoY: —
• Metro: —
• 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

+500.0% since first listed

16 events — show timeline

• 2026-06-03 Listed $120,000 Beaches MLS
• 2025-05-05 Rental Removed $1,400 RMLSFL
• 2025-04-18 Price Changed $1,400 RMLSFL
• 2025-03-04 Price Changed $1,500 RMLSFL
• 2025-02-07 Listed for Rent $1,600 RMLSFL
• 2023-03-13 Sold (Public Records) $75,000 Public Records
• 2023-03-10 Sold (MLS) $75,000 Beaches MLS
• 2023-02-19 Contingent — Beaches MLS
• 2023-02-17 Relisted — Beaches MLS
• 2023-02-08 Contingent — Beaches MLS
• 2023-01-23 Relisted — Beaches MLS
• 2023-01-15 Contingent — Beaches MLS
• 2023-01-13 Listed $79,900 Beaches MLS
• 2000-01-20 Sold (MLS) $10,000 Beaches MLS
• 1999-11-30 Listing Removed — Beaches MLS
• 1998-07-30 Listed $20,000 Beaches MLS

Property tax history

+11.8%/yr

Latest (2025): $1,778 · +5.0% YoY. Source: county tax records.