147 E Towne Pl · Titusville, FL 32796

$166,000

2 bd · 2.0 ba · 1,024 sqft · SingleFamily public records · 57 Days on market

Built 1982 3,920 sqft lot

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Why this score? — see what drove the C- 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 +19.9/30.0
• ARV discount +7.5/15.0
• DSCR +6.3/10.0
• 1% rule +5.3/10.0
• 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

ESTATE SALE. (145) IS ALSO FOR SALE FOR $70,900. WELL MAINTAINED ADULT KEPT 1/2 DUPLEX. RECENT UPGRADED ROOF. ENTIRE PROPERTY IS IN LIKE NEW CONDITION. LARGE FOOD PANTRY & LOTS OF KITCHEN CABINETS. SPACIOUS ROOMS. APPOINTMENT REQUIRED TO SHOW.

Key facts

• Central titusville
• No hoa fees
• Very low taxes

Tags

• CENTRAL TITUSVILLE
• CLOSE ACCESS TO SHOPPING
• CLOSE ACCESS TO SCHOOLS
• CLOSE ACCESS TO MAJOR ROADS
• NO HOA FEES
• VERY LOW TAXES

Property features AI

Finance

• Other: Lot size approximately 0.09 acres; No private pool

Exterior

• Parking: Garage; 1-car garage
• Utilities: Public sewer; Cable available; Electricity connected; Sewer connected
• Home design: Townhouse; One story; Entry level 1; Faces west; Attached property
• Construction: Block construction; Built as residential; Living area approximately 1,024
• Exterior features: Shingle roof; City street frontage; Asphalt road surface; Pets allowed

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Electric cooling
• Interior features: Eat-in kitchen; Unfurnished
• Laundry & utility: Laundry area in garage

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $166k.

Deal economics

• At list price, monthly cash flow is $200 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $166k).
• Recommended offer: $161k (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: 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.
• Zoned schools: Oak Park Elementary School (math 36% / reading 37%, grade F, #1,656 of 2,144 statewide, top 78%, 501 students, 74% FRL); James Madison Middle School (math 39% / reading 39%, grade F, #381 of 571 statewide, top 67%, 446 students, 65% FRL); Astronaut High School (math 25% / reading 43%, grade F, #394 of 667 statewide, top 60%, 1,112 students, 51% FRL) — zoned schools average 63% FRL vs 43% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 36% at this address vs 55% district-wide (-18 pts) — the specific schools serving this property underperform the Brevard average; the district grade overstates school quality for this exact location.
• Market conditions: Rents flat; 256 active listings in the ZIP; 14 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 30% 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 $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.

Negotiation context

• It's been on market 57 days — a 3% lower offer ($161k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 17y ago; this cycle's ask has dropped $27k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $63k; list at $166k implies a 164% 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; 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 $161,020 (3.0% below list)

Questions for the listing agent

1. It's been on market 57 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 1.03% ✓
• Cap rate: 7.74%
• Cash-on-cash: 5.16%
• DSCR: 1.23
• GRM: 8.1

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: -11.0%
• Equity multiple: 0.61×
• Total profit: $-18,177
• Equity at exit: $24,751

10-year hold

• IRR: -5.6%
• Equity multiple: 0.67×
• Total profit: $-15,115
• Equity at exit: $14,353

Cash invested: $46,480 (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: 8.1×

Monthly cashflow live

• Estimated rent: $1,705 high
• Mortgage (P&I): −$871
• Tax est. 1.5%: −$208 /mo · $2,490/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$358
• Net cashflow: $200

Break-even live

Break-even rent $1,452

Max offer price $166,000

Occupancy floor 83%

Sensitivity live

Price	-10% $315	-5% $257	+0% $200	+5% $143	+10% $85
Rent	-10% $65	-5% $133	+0% $200	+5% $267	+10% $335
Rate	-1.0pp $284	-0.5pp $242	base $200	+0.5pp $157	+1.0pp $113

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: $41,500
• Closing costs: $4,980
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
265 W Towne Pl Titusville, FL	2.0	1.0	1128	$1,650	$1.46	24d	1	0.05mi
292 W Towne Pl Titusville, FL	2.0	2.5	1242	$1,450	$1.17	14d	1	0.08mi
583 Gardenia Cir Titusville, FL	3.0	2.0	1120	$1,800	$1.61	24d	1	0.34mi
609 Ward Ave Titusville, FL	3.0	2.0	1200	$1,950	$1.62	24d	1	0.42mi
102 S Christmas Hill Rd Titusville, FL	3.0	2.0	1304	$2,300	$1.76	14d	1	0.54mi
102 S Christmas Hill Rd Titusville, FL	3.0	2.0	1304	$2,200	$1.69	24d	1	0.54mi
965 N Singleton Ave Titusville, FL	3.0	2.0	1493	$2,250	$1.51	19d	1	0.78mi
2745 Starlight Dr Titusville, FL	3.0	2.0	1232	$1,800	$1.46	24d	1	0.90mi
3960 Barcelona St Titusville, FL	3.0	1.0	1040	$1,800	$1.73	24d	1	0.97mi
1105 Morse Ave Titusville, FL	3.0	2.0	1218	$1,995	$1.64	24d	1	1.05mi
2008 Vaughn St Titusville, FL	3.0	1.5	1198	$1,850	$1.54	24d	1	1.12mi
955 N Carpenter Rd Titusville, FL	3.0	1.0	816	$1,550	$1.90	21d	1	1.20mi
500 Rockpit Rd Titusville, FL	2.0	1.0	700	$1,050	$1.50	24d	1	1.38mi
537 Rockpit Rd Titusville, FL	2.0	1.0	768	$1,050	$1.37	24d	1	1.45mi

Listing history 21 events

1. 2026-06-17
   statusdays on market $166,000 Pending 57 DOM
2. 2026-06-16
   days on market $166,000 Active 56 DOM
3. 2026-06-15
   days on market $166,000 Active 55 DOM
4. 2026-06-14
   remarks 408-char remark
5. 2026-06-14
   pricedays on market $166,000 Active 53 DOM
6. 2026-06-10
   days on market $175,000 Active 50 DOM
7. 2026-06-08
   days on market $175,000 Active 48 DOM
8. 2026-06-07
   days on market $175,000 Active 47 DOM
9. 2026-06-05
   days on market $175,000 Active 44 DOM
10. 2026-06-03
    days on market $175,000 Active 43 DOM
11. 2026-06-02
    days on market $175,000 Active 42 DOM
12. 2026-06-01
    days on market $175,000 Active 41 DOM
13. 2026-05-31
    days on market $175,000 Active 40 DOM
14. 2026-05-31
    days on market $175,000 Active 39 DOM
15. 2026-05-19
    price $175,000
16. 2026-04-28
    price $185,000
17. 2026-04-20
    listed $193,000 Active
18. 2009-10-19
    soldstatus $62,900
19. 2009-10-15
    soldstatus $62,900 249-char remark

    Show marketing remark (249 chars)

    ESTATE SALE. (145) IS ALSO FOR SALE FOR $70,900. WELL MAINTAINED ADULT KEPT 1/2 DUPLEX. RECENT UPGRADED ROOF. ENTIRE PROPERTY IS IN LIKE NEW CONDITION. LARGE FOOD PANTRY & LOTS OF KITCHEN CABINETS. SPACIOUS ROOMS. APPOINTMENT REQUIRED TO SHOW.

20. 2009-03-24
    listed $62,900 249-char remark

    Show marketing remark (249 chars)

    ESTATE SALE. (145) IS ALSO FOR SALE FOR $70,900. WELL MAINTAINED ADULT KEPT 1/2 DUPLEX. RECENT UPGRADED ROOF. ENTIRE PROPERTY IS IN LIKE NEW CONDITION. LARGE FOOD PANTRY & LOTS OF KITCHEN CABINETS. SPACIOUS ROOMS. APPOINTMENT REQUIRED TO SHOW.

21. 1982-05-01
    soldstatus $71,500

ⓘ 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 6/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°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: $20,463
• − Mortgage interest: −$9,299
• − Property taxes: −$2,490
• − Insurance: −$830
• − Repairs & maintenance: −$1,637
• − Management: −$1,637
• − Depreciation: −$4,829
• Taxable loss: −$259
• Est. tax savings @ 24.0%: +$62
• After-tax cash flow: $2,461/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

+144.8% since first listed

7 events — show timeline

• 2026-05-19 Price Changed $175,000 SCMLS
• 2026-04-28 Price Changed $185,000 SCMLS
• 2026-04-20 Listed $193,000 SCMLS
• 2009-10-19 Sold (Public Records) $62,900 Public Records
• 2009-10-15 Sold (MLS) $62,900 SCMLS
• 2009-03-24 Listed $62,900 SCMLS
• 1982-05-01 Sold (Public Records) $71,500 Public Records

Property tax history

-2.6%/yr

Latest (2025): $153 · +10.8% YoY. Source: county tax records.