175 Chaloupe Ter · Sebastian, FL 32958

$349,000

3 bd · 2.0 ba · 1,535 sqft · SingleFamily public records · 125 Days on market

Built 1991 0.29 ac lot Est $365k · at est.

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Why this score? — see what drove the D 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 +11.9/30.0
• ARV discount +9.5/15.0
• Schools +4.2/10.0
• Rent growth +4.1/5.0
• Livability +4.0/5.0
• DSCR +3.5/10.0
• Condition / age +2.5/5.0
• 1% rule +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

ADORABLE HOME ON OVERSIZED CORNER LOT WITH FENCED YARD. HUGE LIVING ROOM & DINING ROOM W/ BUTLER''S PANTRY. LARGE KITCHEN & BIG UTILITY ROOM W/ ACCESS TO BACK YARD.

Key facts

• 0.29 acre lot
• 2 garage spots
• Built 1991

Property features AI

Exterior

• Parking: Garage (2 spaces)
• Utilities: Public sewer; Water connected
• Home design: Single-family residence; Frame and stucco construction
• Construction: Frame and stucco construction
• Exterior features: Corner lot; Faces southeast

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central electric heating; Central electric air conditioning
• Interior features: Unfurnished

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $349k.

Deal economics

• At list price, monthly cash flow is $-91 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $333k (4.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $252k (27.9% below list).
• Recommended offer: $252k (27.9% below list) — sets the bar for 1% rule.
• Cap rate 6.0% vs local median 4.4% in Sebastian — 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 81/100 on livability (#89 in FL, #1,421 nationally) — a professional / high-income tenant draw. Strengths: housing A+, crime A, health & safety A; Watch: schools D+, amenities D-.
• Indian River (other): math 48% / reading 52% proficiency, ranked #35 of 73 in FL (top 48%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising fast (+6.2%/yr); 412 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 564 units permitted in Indian River County in 2024 (281 in 5+ unit buildings).
• At $2,518/mo this rent would consume 45% of the median local household income ($67k/yr) (locally 646% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Indian River County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 125 days — a 12% lower offer ($307k) 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 $110k; list at $349k implies a 217% 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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $251,769 (27.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 125 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
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 D-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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.72% ✗
• Cap rate: 5.98%
• Cash-on-cash: -1.11%
• DSCR: 0.95
• GRM: 11.6

CMA / ARV

• ARV (on-the-fly): $365,330
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
189 Abeto Ter	0.30mi	3/2.0	1,508 (-2%)	3mo	$343,500	$228	81
137 Concha Dr	0.15mi	2/2.0 (-1)	1,470 (-4%)	2mo	$349,900	$238	80
180 Concha Dr	0.20mi	2/2.0 (-1)	1,596 (+4%)	1mo	$325,000	$204	78
101 Joy Haven Dr	0.34mi	3/2.0	1,650 (+8%)	1mo	$405,000	$245	70
318 Brookedge Ter	0.33mi	3/2.0	1,410 (-8%)	3mo	$365,000	$259	69
491 Carnival Ter	0.38mi	3/2.0	1,348 (-12%)	2mo	$357,000	$265	60
1670 Barber St	0.46mi	3/2.0	1,372 (-11%)	2mo	$385,000	$281	59
1532 Eastlake Ln	0.21mi	4/2.0 (+1)	1,754 (+14%)	3mo	$359,000	$205	59
449 Englar Dr	0.66mi	3/2.0	1,644 (+7%)	1mo	$560,000	$341	56
1566 Dewitt Ln	0.54mi	3/2.0	1,707 (+11%)	0mo	$380,000	$223	56
1373 Haverford Ln	0.56mi	4/1.5 (+1)	1,667 (+9%)	1mo	$310,000	$186	52
594 Bayharbor Ter	0.67mi	3/2.0	1,760 (+15%)	2mo	$397,000	$226	43

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 · 6.22% rent growth · sell at horizon

5-year hold

• IRR: -15.1%
• Equity multiple: 0.45×
• Total profit: $-54,074
• Equity at exit: $52,037

10-year hold

• IRR: -2.5%
• Equity multiple: 0.81×
• Total profit: $-18,281
• Equity at exit: $30,175

Cash invested: $97,720 (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 32958

• Home prices YoY: -13.1%
• Rents YoY: 6.2%
• Active inventory: 412
• Price-to-rent: 11.6×

Monthly cashflow live

• Estimated rent: $2,518 high
• Mortgage (P&I): −$1,830
• Tax from tax record: −$104 /mo · $1,248/yr
• Insurance: −$145
• HOA: −$0
• Vacancy / Maint / Mgmt: −$529
• Net cashflow: $-91

Break-even live

Break-even rent $2,632

Max offer price $332,983

Occupancy floor 99%

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: $87,250
• Closing costs: $10,470
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1421 Thornhill Ln Sebastian, FL	3.0	2.0	1216	$2,800	$2.30	13d	1	0.05mi
155 Midvale Ter Sebastian, FL	3.0	2.0	1853	$3,000	$1.62	21d	1	0.25mi
186 Empress Ave Unit B Sebastian, FL	2.0	2.0	1398	$1,575	$1.13	21d	1	0.59mi
366 Joy Haven Dr Sebastian, FL	3.0	2.0	1885	$2,095	$1.11	13d	1	0.59mi
1565 Glentry Ln Sebastian, FL	2.0	2.0	1189	$2,500	$2.10	13d	1	0.62mi
1192 Croquet Ln Sebastian, FL	4.0	2.0	2012	$2,640	$1.31	13d	1	0.71mi
1201 Schumann Dr Sebastian, FL	4.0	2.0	1300	$2,021	$1.55	13d	1	0.71mi
113 Marsh St Sebastian, FL	4.0	2.0	1300	$1,856	$1.43	13d	1	0.72mi
1836 Barber St Sebastian, FL	4.0	2.0	1851	$2,000	$1.08	21d	1	0.75mi
632 Bayfront Ter Sebastian, FL	3.0	2.0	1885	$2,350	$1.25	13d	1	0.77mi
1110 Barber St Sebastian, FL	3.0	2.0	1324	$2,200	$1.66	13d	1	0.87mi
426 Tulip Dr Sebastian, FL	2.0	2.0	1161	$2,100	$1.81	21d	1	0.91mi
151 Mabry St Sebastian, FL	3.0	2.0	1199	$1,850	$1.54	21d	1	0.97mi
742 Capon Ter Sebastian, FL	2.0	2.0	1080	$2,000	$1.85	21d	1	0.98mi
141 Crawford Dr Sebastian, FL	2.0	1.0	1100	$2,200	$2.00	13d	1	1.04mi
1507 Ocean Cove St Sebastian, FL	3.0	2.0	1661	$2,100	$1.26	13d	1	1.11mi
486 Biscayne Ln Sebastian, FL	4.0	2.0	1769	$2,250	$1.27	13d	1	1.15mi
722 Carnival Ter Sebastian, FL	3.0	2.0	1430	$2,300	$1.61	13d	1	1.16mi
8920 66th Ave Sebastian, FL	4.0	2.0	1326	$3,000	$2.26	21d	1	1.17mi
832 Carnation Dr Sebastian, FL	3.0	2.0	1400	$2,800	$2.00	13d	1	1.33mi
1343 Shoreline Cir Sebastian, FL	3.0	2.0	2222	$4,000	$1.80	21d	1	1.40mi

Listing history 32 events

1. 2026-06-19
   days on market $349,000 Active 125 DOM
2. 2026-06-18
   days on market $349,000 Active 124 DOM
3. 2026-06-17
   days on market $349,000 Active 123 DOM
4. 2026-06-16
   days on market $349,000 Active 122 DOM
5. 2026-06-15
   days on market $349,000 Active 121 DOM
6. 2026-06-14
   days on market $349,000 Active 119 DOM
7. 2026-06-13
   days on market $349,000 Active 118 DOM
8. 2026-06-10
   days on market $349,000 Active 116 DOM
9. 2026-06-09
   days on market $349,000 Active 115 DOM
10. 2026-06-08
    days on market $349,000 Active 114 DOM
11. 2026-06-07
    days on market $349,000 Active 113 DOM
12. 2026-06-05
    days on market $349,000 Active 110 DOM
13. 2026-06-02
    days on market $349,000 Active 108 DOM
14. 2026-06-01
    days on market $349,000 Active 107 DOM
15. 2026-05-31
    days on market $349,000 Active 106 DOM
16. 2026-05-30
    days on market $349,000 Active 105 DOM
17. 2026-05-12
    price $349,900
18. 2026-05-08
    price $349,000
19. 2026-03-23
    price $349,900
20. 2026-03-18
    status Active
21. 2026-01-17
    historical
22. 2026-01-08
    price $349,000
23. 2025-12-16
    listed $349,900 Active
24. 2025-12-15
    historical $349,900
25. 2016-08-16
    historical 176-char remark

    Show marketing remark (176 chars)

    ADORABLE HOME ON OVERSIZED CORNER LOT WITH FENCED YARD. HUGE LIVING ROOM & DINING ROOM W/ BUTLER''S PANTRY. LARGE KITCHEN & BIG UTILITY ROOM W/ ACCESS TO BACK YARD.

26. 2010-07-12
    soldstatus $110,000
27. 2010-07-08
    soldstatus $110,000 175-char remark

    Show marketing remark (175 chars)

    ADORABLE HOME ON OVERSIZED CORNER LOT WITH FENCED YARD. HUGE LIVING ROOM & DINING ROOM W/ BUTLER'S PANTRY. LARGE KITCHEN & BIG UTILITY ROOM W/ ACCESS TO BACK YARD.

28. 2010-05-24
    historical
29. 2010-05-06
    listed $114,900 176-char remark

    Show marketing remark (176 chars)

    ADORABLE HOME ON OVERSIZED CORNER LOT WITH FENCED YARD. HUGE LIVING ROOM & DINING ROOM W/ BUTLER''S PANTRY. LARGE KITCHEN & BIG UTILITY ROOM W/ ACCESS TO BACK YARD.

30. 2010-05-06
    listed $114,900

    Show marketing remark (176 chars)

    ADORABLE HOME ON OVERSIZED CORNER LOT WITH FENCED YARD. HUGE LIVING ROOM & DINING ROOM W/ BUTLER''S PANTRY. LARGE KITCHEN & BIG UTILITY ROOM W/ ACCESS TO BACK YARD.

31. 1998-12-09
    soldstatus $92,000
32. 1996-06-21
    soldstatus $85,000

ⓘ 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: $1,248 · $104/mo
• Projected year-2 tax: $2,897 · $241/mo
• Expected delta: +$1,648/yr (+$137/mo · 132.0%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 24 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: $30,212
• − Mortgage interest: −$19,549
• − Property taxes: −$1,248
• − Insurance: −$1,745
• − Repairs & maintenance: −$2,417
• − Management: −$2,417
• − Depreciation: −$10,153
• Taxable loss: −$7,317
• Est. tax savings @ 24.0%: +$1,756
• After-tax cash flow: $668/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: Indian River
• NCES district ID: 1200930
• Math proficiency: 48% ▼ -9.00%
• Reading proficiency: 52% ▼ -3.00%
• Median HH income: $46,597
• Composite: 42.45/100
• National rank: #3218
• State rank: #35 of 73 in FL

Livability — Sebastian

• Score: 81/100
• State rank: #89
• US rank: #1421

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sebastian, FL
• County: Indian River County · 143,738 people
• City population: 30,023
• Metro: Sebastian-Vero Beach, FL
• Population (ZIP): 30,023
• Household income: $66,840
• Rent vs Own: 14.5% rent · 85.5% own
• Severe rent burden: 646.0

Population outlook (Indian River County) Hauer SSP2

• Today (2025): 165,104 people
• By 2030: 172,869 · +4.7%
• By 2040: 185,640 · +12.4%
• By 2050: 194,465 · +17.8%
• By 2075: 211,115 · +27.9%
• By 2100: 211,781 · +28.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Hispanic / Latino 9% Two or more races 7% Black 2% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 3%
• Common ancestry: Lithuanian 4% Slovak 4% Romanian 3%
• Foreign-born: 7% · Canada, Jamaica
• Languages at home: 91% English-only · Spanish 6% Other Indo-European 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Indian River

• 2024 margin: Strong R (+27.4) · D 36.0% · R 63.4%
• 2008→2024 swing: -12.5pp toward R · 2008: -14.8pp · 2024: -27.4pp
• All cycles: 2024: R+27.4 2020: R+21.6 2016: R+24.5 2012: R+22.3 2008: R+14.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -49.85%
• Current HPI: 330.1691
• Rent YoY: ▲ 6.22%
• Metro: Sebastian-Vero Beach, 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

+311.6% since first listed

16 events — show timeline

• 2026-05-12 Price Changed $349,900 SCMLS
• 2026-05-08 Price Changed $349,000 SCMLS
• 2026-03-23 Price Changed $349,900 SCMLS
• 2026-03-18 Relisted — SCMLS
• 2026-01-17 Listing Removed — SCMLS
• 2026-01-08 Price Changed $349,000 SCMLS
• 2025-12-16 Listed $349,900 SCMLS
• 2025-12-15 Coming Soon $349,900 SCMLS
• 2016-08-16 Listing Removed — SCMLS
• 2010-07-12 Sold (Public Records) $110,000 Public Records
• 2010-07-08 Sold (MLS) $110,000 RAIRCMLS
• 2010-05-24 Listing Removed — Beaches MLS
• 2010-05-06 Listed $114,900 Beaches MLS
• 2010-05-06 Listed $114,900 SCMLS
• 1998-12-09 Sold (Public Records) $92,000 Public Records
• 1996-06-21 Sold (Public Records) $85,000 Public Records

Property tax history

+4.8%/yr

Latest (2025): $1,248 · +5.4% YoY. Source: county tax records.