3312 Red Tailed Hawk Dr · Indian River Estates, FL 34952

$169,000

2 bd · 2.0 ba · 1,395 sqft · Manufactured public records · 112 Days on market

Built 2006 6,138 sqft lot Est $156k · 8% over $309/mo HOA · 15% of rent

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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 +22.8/30.0
• DSCR +7.3/10.0
• 1% rule +7.2/10.0
• ARV discount +3.8/15.0
• Schools +3.7/10.0
• Livability +3.2/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Gorgeous 2 bedroom, 2 bath with 2 car garage in Fairways at Savanna Club. Tile flooring in main areas and laminate in bedrooms. Wood cabinets in kitchen with granite counter tops. Granite vanities in both bathrooms. Vaulted ceiling in living area with split floor plan. Master bath has dual sinks and glass shower with extra cabinet space for storage. Inside laundry room with cabinets. Large screened patio. Great price for the updates done in this home. Call today for a showing. .. will sell fast!

Key facts

• Screened front porch
• New roof
• Low hoa

Tags

• NEW ROOF
• UPDATED GRANITE COUNTERS
• NEWER KITCHEN CABINETRY
• SCREENED FRONT PORCH
• OUTDOOR OPEN AIR PATIO
• LOW HOA

Property features AI

Finance

• Other: Pets allowed with possible restrictions and limits; Senior community
• Financial info: Land lease (monthly) in place with long expiration
• HOA & community: Association with numerous amenities including pool, heated pool, fitness center, clubhouse, tennis, pickleball and shuffleboard courts, golf course and putting green, bocce ball, billiard and game rooms, spa/hot tub, sauna, business center, library, cafe/restaurant, management and on-site manager, recreation facilities, internet and cable included, and recreation courts; Monthly association fee

Exterior

• Parking: Attached 2-car garage with garage door opener; Two covered parking spaces (garage)
• Security: Closed-circuit cameras; Gated community without guard; Security patrol
• Utilities: Public water; Public sewer; Three-phase electric service; Cable connected; Electricity connected; Underground utilities; Water available; Sewer available
• Home design: Manufactured home; One-story/entry-level living; Resale condition; Faces southwest
• Construction: Vinyl siding; modular construction; Composition/shingle roof; One total story
• Exterior features: Open and screened patios; Screened porch; Interior lot; Paved road frontage; Not waterfront

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Electric water heater
• Bedrooms: Two main-level bedrooms
• Flooring: Ceramic tile; Vinyl; Other
• Bathrooms: Two full bathrooms on the main level
• Heating & cooling: Central electric heating; Central air conditioning; Ceiling fans
• Interior features: Cathedral and vaulted ceilings; Bedroom layout is split; Blinds and single-hung metal windows
• Laundry & utility: Inside laundry on the main level

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $169k.

Deal economics

• At list price, monthly cash flow is $293 ($4k/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: $154k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 5.3% in Indian River Estates — 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 65/100 on livability (#653 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: employment D+, amenities F, commute 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.
• Zoned schools: Savanna Ridge Elementary School (math 40% / reading 45%, grade F, #1,383 of 2,144 statewide, top 65%, 452 students, 75% FRL); Port St. Lucie High School (math 21% / reading 43%, grade F, #415 of 667 statewide, top 63%, 1,748 students, 67% FRL).
• Market conditions: Rents rising (+1.9%/yr); 639 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 4,868 units permitted in St. Lucie County in 2024 (268 in 5+ unit buildings).
• This rent runs 40% of the median local income ($62k/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.
• St. Lucie County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 112 days — a 9% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 9y 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 $78k; list at $169k implies a 117% 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; moderate wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $153,790 (9.0% below list)

Questions for the listing agent

1. It's been on market 112 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 8.37%
• Cash-on-cash: 7.42%
• DSCR: 1.33
• GRM: 6.8

CMA / ARV

• ARV (on-the-fly): $156,240
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3115 Palm Warbler Ct	0.19mi	2/2.0	1,429 (+2%)	9mo	$140,000	$98	80
7921 Meadowlark Ln	0.39mi	2/2.0	1,301 (-7%)	2mo	$115,000	$88	69
3305 Red Tailed Hawk Dr	0.05mi	2/2.0	1,240 (-11%)	14mo	$179,000	$144	68
7953 Horned Lark Cir	0.42mi	2/2.0	1,286 (-8%)	1mo	$130,000	$101	66
3005 Approach Shot Way	0.52mi	2/2.0	1,333 (-4%)	3mo	$149,900	$112	66
7928 Meadowlark Ln	0.42mi	2/3.0	1,475 (+6%)	1mo	$65,000	$44	66
3425 Crabapple Dr	0.56mi	2/2.0	1,395 (0%)	18mo	$205,000	$147	58
3801 Meadowlark Cir	0.65mi	2/2.0	1,216 (-13%)	4mo	$152,000	$125	45
3813 Doral Ct	0.74mi	2/2.0	1,273 (-9%)	15mo	$230,000	$181	39

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.92% rent growth · sell at horizon

5-year hold

• IRR: -6.2%
• Equity multiple: 0.77×
• Total profit: $-10,827
• Equity at exit: $25,198

10-year hold

• IRR: 1.9%
• Equity multiple: 1.13×
• Total profit: $6,221
• 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 34952

• Home prices YoY: -29.6%
• Rents YoY: 1.9%
• Active inventory: 639
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $2,062 medium
• Mortgage (P&I): −$886
• Tax from tax record: −$71 /mo · $846/yr
• Insurance: −$70
• HOA: −$309
• Vacancy / Maint / Mgmt: −$433
• Net cashflow: $293

Break-even live

Break-even rent $1,691

Max offer price $169,000

Occupancy floor 81%

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 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3784 Sapodilla Ct Port Saint Lucie, FL	2.0	2.0	1121	$2,300	$2.05	23d	1	1.01mi
1900 Bella Vista Way Port Saint Lucie, FL	1.0–2.0	1.0–2.0	995	$1,764	$1.77	13d	15	1.29mi

HOA detail

• Monthly dues: $309 · $3,708/yr

Listing history 25 events

1. 2026-06-16
   status $169,000 Pending 112 DOM
2. 2026-06-15
   days on market $169,000 Active Under Contract 112 DOM
3. 2026-06-14
   days on market $169,000 Active Under Contract 110 DOM
4. 2026-06-13
   days on market $169,000 Active Under Contract 109 DOM
5. 2026-06-10
   days on market $169,000 Active Under Contract 107 DOM
6. 2026-06-09
   days on market $169,000 Active Under Contract 106 DOM
7. 2026-06-08
   days on market $169,000 Active Under Contract 105 DOM
8. 2026-06-07
   days on market $169,000 Active Under Contract 104 DOM
9. 2026-06-05
   days on market $169,000 Active Under Contract 101 DOM
10. 2026-06-03
    statusdays on market $169,000 Active Under Contract 100 DOM
11. 2026-06-02
    days on market $169,000 Active 99 DOM
12. 2026-06-01
    days on market $169,000 Active 98 DOM
13. 2026-05-31
    days on market $169,000 Active 97 DOM
14. 2026-05-30
    days on market $169,000 Active 96 DOM
15. 2026-02-23
    listed $169,000 Active
16. 2026-01-21
    historical
17. 2025-10-11
    price $169,000
18. 2025-06-19
    price $189,900
19. 2025-03-05
    price $209,000
20. 2025-01-29
    listed $214,900 Active
21. 2017-10-25
    soldstatus $78,000 Closed 500-char remark

    Show marketing remark (500 chars)

    Gorgeous 2 bedroom, 2 bath with 2 car garage in Fairways at Savanna Club. Tile flooring in main areas and laminate in bedrooms. Wood cabinets in kitchen with granite counter tops. Granite vanities in both bathrooms. Vaulted ceiling in living area with split floor plan. Master bath has dual sinks and glass shower with extra cabinet space for storage. Inside laundry room with cabinets. Large screened patio. Great price for the updates done in this home. Call today for a showing. .. will sell fast!

22. 2017-08-22
    historical Contingent 500-char remark

    Show marketing remark (500 chars)

    Gorgeous 2 bedroom, 2 bath with 2 car garage in Fairways at Savanna Club. Tile flooring in main areas and laminate in bedrooms. Wood cabinets in kitchen with granite counter tops. Granite vanities in both bathrooms. Vaulted ceiling in living area with split floor plan. Master bath has dual sinks and glass shower with extra cabinet space for storage. Inside laundry room with cabinets. Large screened patio. Great price for the updates done in this home. Call today for a showing. .. will sell fast!

23. 2017-07-31
    price $82,000 500-char remark

    Show marketing remark (500 chars)

    Gorgeous 2 bedroom, 2 bath with 2 car garage in Fairways at Savanna Club. Tile flooring in main areas and laminate in bedrooms. Wood cabinets in kitchen with granite counter tops. Granite vanities in both bathrooms. Vaulted ceiling in living area with split floor plan. Master bath has dual sinks and glass shower with extra cabinet space for storage. Inside laundry room with cabinets. Large screened patio. Great price for the updates done in this home. Call today for a showing. .. will sell fast!

24. 2017-04-02
    price $97,000 500-char remark

    Show marketing remark (500 chars)

    Gorgeous 2 bedroom, 2 bath with 2 car garage in Fairways at Savanna Club. Tile flooring in main areas and laminate in bedrooms. Wood cabinets in kitchen with granite counter tops. Granite vanities in both bathrooms. Vaulted ceiling in living area with split floor plan. Master bath has dual sinks and glass shower with extra cabinet space for storage. Inside laundry room with cabinets. Large screened patio. Great price for the updates done in this home. Call today for a showing. .. will sell fast!

25. 2017-01-27
    listed $99,900 Active 500-char remark

    Show marketing remark (500 chars)

    Gorgeous 2 bedroom, 2 bath with 2 car garage in Fairways at Savanna Club. Tile flooring in main areas and laminate in bedrooms. Wood cabinets in kitchen with granite counter tops. Granite vanities in both bathrooms. Vaulted ceiling in living area with split floor plan. Master bath has dual sinks and glass shower with extra cabinet space for storage. Inside laundry room with cabinets. Large screened patio. Great price for the updates done in this home. Call today for a showing. .. will sell fast!

ⓘ 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: $846 · $71/mo
• Projected year-2 tax: $1,403 · $117/mo
• Expected delta: +$556/yr (+$46/mo · 65.7%)

ⓘ 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 ≥106°F today · 25 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,743
• − Mortgage interest: −$9,467
• − Property taxes: −$846
• − Insurance: −$845
• − Repairs & maintenance: −$1,979
• − Management: −$1,979
• − HOA: −$3,708
• − Depreciation: −$4,916
• Taxable income: $1,001
• Est. tax owed @ 24.0%: −$240
• After-tax cash flow: $3,272/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 — Indian River Estates

• Score: 65/100
• State rank: #653
• US rank: #12946

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Saint Lucie County · 337,150 people
• City population: 27,447
• Metro: Port St. Lucie, FL
• Population (ZIP): 42,655
• Household income: $61,628
• Rent vs Own: 25.8% rent · 74.2% own
• Severe rent burden: 1759.0

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 0.57)
• Race & ethnicity: White 62% Hispanic / Latino 19% Two or more races 14% Black 10% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 4% Cuban 2% Dominican 2%
• Common ancestry: Romanian 3% Lithuanian 2% Hispanic 1%
• Foreign-born: 18% · Canada, Jamaica, China
• Languages at home: 76% English-only · Spanish 16% French/Haitian/Cajun 3% Tagalog/Filipino 2%

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: ▼ -155.80%
• Current HPI: 371.0573
• Rent YoY: ▲ 1.92%
• Metro: Port St. Lucie, 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

+69.2% since first listed

11 events — show timeline

• 2026-02-23 Listed $169,000 Beaches MLS
• 2026-01-21 Listing Removed — Beaches MLS
• 2025-10-11 Price Changed $169,000 Beaches MLS
• 2025-06-19 Price Changed $189,900 Beaches MLS
• 2025-03-05 Price Changed $209,000 Beaches MLS
• 2025-01-29 Listed $214,900 Beaches MLS
• 2017-10-25 Sold (MLS) $78,000 Beaches MLS
• 2017-08-22 Contingent — Beaches MLS
• 2017-07-31 Price Changed $82,000 Beaches MLS
• 2017-04-02 Price Changed $97,000 Beaches MLS
• 2017-01-27 Listed $99,900 Beaches MLS

Property tax history

-4.0%/yr

Latest (2025): $846 · +6.2% YoY. Source: county tax records.