627 Sunrise Ct NE · Palm Bay, FL 32907

$100,000

2 bd · 2.0 ba · 920 sqft · Manufactured public records · 63 Days on market

Built 1981 5,663 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 +29.6/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Livability +3.6/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

LOVELY 2BD/2BA DOUBLEWIDE located in a 55+ gated community & PRICED TO SELL! Built in 1981, & after the mobile home building codes were started in 1976, this well-maintained home features a large living room that opens to the dining area, as well as an enclosed front porch to enjoy Florida's lifestyle. Both bedrooms are of ample size & have walk-in closets. The kitchen has lots of cabinet space, & every single kitchen appliance has been replaced w/ in the past 2-6 years. There are 2 outdoor sheds—one w/ the washer & dryer. Water heater was replaced in 2018, & A/C is brand new in 2022! Situated on a good-size lot up against the I-95 wall (that has protected many homes during hurricanes). Currently, fully insured—you will not find a nicer home in Holiday Park at this price. CASH OFFERS ONLY ONLY

Key facts

• Gated community
• Community center
• Storm protection

Tags

• GATED COMMUNITY
• ENCLOSED FRONT PORCH
• AMPLE CABINET SPACE
• OUTDOOR SHEDS
• STORM PROTECTION
• COMMUNITY CENTER

Property features AI

Finance

• Other: Lot features: Other; Lot size: 0.13 acres
• HOA & community: Part of Holiday Park association (voluntary); Association fee: $5 (voluntary); Association amenities include clubhouse, laundry, grounds maintenance, full-time management, RV/boat storage, security, shuffleboard court; Senior community

Exterior

• Parking: Carport (1 space)
• Security: 24-hour security; Community security included with association
• Utilities: Public sewer; Cable connected; Electricity connected; Water connected; Sewer connected
• Home design: Manufactured home; One story; Faces southwest
• Construction: Frame construction
• Exterior features: Covered front porch; Glass-enclosed patio/porch; Patio; Porch; Shed(s); 24-hour security

Interior

• Kitchen: Dishwasher; Electric oven; Electric range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Ceiling fans; Primary bathroom with shower (no tub); Walk-in closet(s); Furnished
• Laundry & utility: Washer and dryer in carport

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $100k.

Deal economics

• At list price, monthly cash flow is $360 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $100k).
• Recommended offer: $94k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#366 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, amenities F, health & safety 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: Lockmar Elementary School (math 45% / reading 53%, grade D, #1,134 of 2,144 statewide, top 54%, 583 students, 58% FRL); Southwest Middle School (math 40% / reading 39%, grade F, #373 of 571 statewide, top 66%, 920 students, 58% FRL); Palm Bay Magnet Senior High School (math 25% / reading 37%, grade F, #429 of 667 statewide, top 65%, 1,486 students, 63% FRL) — zoned schools average 60% FRL vs 43% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 40% at this address vs 55% district-wide (-15 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; 739 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k 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 63 days — a 6% lower offer ($94k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y ago; this cycle's ask has dropped $15k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 4.5% of price.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $94,000 (6.0% below list)

Questions for the listing agent

1. It's been on market 63 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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: 1.64% ✓
• Cap rate: 10.61%
• Cash-on-cash: 15.43%
• DSCR: 1.69
• GRM: 5.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.93% rent growth · sell at horizon

5-year hold

• IRR: 3.4%
• Equity multiple: 1.13×
• Total profit: $3,555
• Equity at exit: $14,910

10-year hold

• IRR: 10.4%
• Equity multiple: 1.72×
• Total profit: $20,149
• Equity at exit: $8,646

Cash invested: $28,000 (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 32907

• Home prices YoY: -10.1%
• Rents YoY: 0.9%
• Active inventory: 739
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $1,643 high
• Mortgage (P&I): −$524
• Tax from tax record: −$372 /mo · $4,461/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$345
• Net cashflow: $360

Break-even live

Break-even rent $1,187

Max offer price $100,000

Occupancy floor 73%

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
331 Holiday Park Blvd NE Palm Bay, FL	2.0	2.0	920	$1,350	$1.47	23d	1	0.07mi
1635 Par St NE Unit 2103 Palm Bay, FL	2.0	2.0	1025	$2,100	$2.05	23d	1	1.10mi
1605 Par St NE Unit 3102 Palm Bay, FL	2.0	2.0	1025	$2,100	$2.05	23d	1	1.10mi
205 Valor Dr SE Palm Bay, FL	1.0–2.0	1.0–2.0	901	$1,937	$2.15	14d	17	1.11mi
1625 Par St NE Unit 1104 Palm Bay, FL	2.0	2.0	1025	$2,100	$2.05	23d	1	1.13mi
1625 Par St NE Unit 1107 Palm Bay, FL	2.0	2.0	1025	$1,875	$1.83	23d	1	1.13mi
1698 Sunny Brook Ln NE Unit G109 Palm Bay, FL	1.0	1.0	658	$1,200	$1.82	19d	1	1.20mi
1687 Avery Rd NE Palm Bay, FL	2.0	2.0	876	$1,800	$2.05	23d	1	1.24mi
1656 Sunny Brook Ln NE Unit L102 Palm Bay, FL	3.0	2.0	914	$1,690	$1.85	21d	1	1.25mi
1608 Sunny Brook Ln Palm Bay, FL	1.0–3.0	1.0–2.0	1040	$1,412	$1.36	23d	6	1.29mi
100 Larch Cir NE Palm Bay, FL	1.0–2.0	1.0–2.0	1013	$1,775	$1.75	14d	16	1.33mi
1601 Sunny Brook Ln NE Unit D101 Palm Bay, FL	2.0	2.0	846	$1,550	$1.83	23d	1	1.40mi
1641 Sunny Brook Ln NE Palm Bay, FL	2.0	2.0	862	$1,500	$1.74	14d	3	1.40mi
1649 Sunny Brook Ln NE Palm Bay, FL	1.0–2.0	1.0–2.0	760	$1,950	$2.57	14d	2	1.40mi
1625 Sunny Brook Ln NE Unit G103 Palm Bay, FL	3.0	2.0	914	$1,700	$1.86	23d	1	1.40mi
2100 Forest Knoll Dr NE #202 Palm Bay, FL	2.0	2.0	1069	$1,600	$1.50	14d	1	1.43mi
1123 Tree Ridge Ln NE Palm Bay, FL	2.0	1.0	870	$1,350	$1.55	23d	1	1.43mi
1701 Forest Knoll Dr NE Palm Bay, FL	2.0–3.0	2.0	1200	$1,499	$1.25	14d	5	1.44mi
1311 Cindy Cir NE Palm Bay, FL	2.0	2.0	865	$1,700	$1.97	23d	1	1.44mi
2130 Forest Knoll Dr NE #202 Palm Bay, FL	2.0	2.0	1069	$1,450	$1.36	23d	1	1.44mi
1440 Sheafe Ave NE Palm Bay, FL	2.0	2.0	793	$1,500	$1.89	21d	1	1.47mi
993 Sonesta Ave NE Unit A-103 Palm Bay, FL	2.0	2.0	825	$1,350	$1.64	23d	1	1.48mi
1440 Sheafe Ave NE #112 Palm Bay, FL	2.0	2.0	793	$1,500	$1.89	23d	1	1.48mi
2160 Forest Knoll Dr NE Unit 60-102 Palm Bay, FL	2.0	2.0	1069	$1,350	$1.26	23d	1	1.48mi
2190 Forest Knoll Dr NE Unit 90-202 Palm Bay, FL	2.0	2.0	1069	$1,400	$1.31	23d	1	1.50mi

Listing history 24 events

1. 2026-06-18
   days on market $100,000 Active 63 DOM
2. 2026-06-17
   days on market $100,000 Active 62 DOM
3. 2026-06-16
   days on market $100,000 Active 61 DOM
4. 2026-06-15
   days on market $100,000 Active 60 DOM
5. 2026-06-14
   days on market $100,000 Active 58 DOM
6. 2026-06-10
   days on market $100,000 Active 55 DOM
7. 2026-06-08
   days on market $100,000 Active 53 DOM
8. 2026-06-07
   days on market $100,000 Active 52 DOM
9. 2026-06-05
   days on market $100,000 Active 49 DOM
10. 2026-06-03
    days on market $100,000 Active 48 DOM
11. 2026-06-02
    days on market $100,000 Active 47 DOM
12. 2026-06-01
    days on market $100,000 Active 46 DOM
13. 2026-05-31
    days on market $100,000 Active 45 DOM
14. 2026-05-31
    days on market $100,000 Active 44 DOM
15. 2026-05-19
    price $100,000
16. 2026-04-29
    price $110,000
17. 2026-04-16
    listed $115,000 Active
18. 2022-12-08
    soldstatus $125,000
19. 2022-12-06
    soldstatus $125,000 Closed 851-char remark

    Show marketing remark (851 chars)

    LOVELY 2BD/2BA DOUBLEWIDE located in a 55+ gated community & PRICED TO SELL! Built in 1981, & after the mobile home building codes were started in 1976, this well-maintained home features a large living room that opens to the dining area, as well as an enclosed front porch to enjoy Florida's lifestyle. Both bedrooms are of ample size & have walk-in closets. The kitchen has lots of cabinet space, & every single kitchen appliance has been replaced w/ in the past 2-6 years. There are 2 outdoor sheds—one w/ the washer & dryer. Water heater was replaced in 2018, & A/C is brand new in 2022! Situated on a good-size lot up against the I-95 wall (that has protected many homes during hurricanes). Currently, fully insured—you will not find a nicer home in Holiday Park at this price. CASH OFFERS ONLY ONLY

20. 2022-11-22
    status Pending 851-char remark

    Show marketing remark (851 chars)

    LOVELY 2BD/2BA DOUBLEWIDE located in a 55+ gated community & PRICED TO SELL! Built in 1981, & after the mobile home building codes were started in 1976, this well-maintained home features a large living room that opens to the dining area, as well as an enclosed front porch to enjoy Florida's lifestyle. Both bedrooms are of ample size & have walk-in closets. The kitchen has lots of cabinet space, & every single kitchen appliance has been replaced w/ in the past 2-6 years. There are 2 outdoor sheds—one w/ the washer & dryer. Water heater was replaced in 2018, & A/C is brand new in 2022! Situated on a good-size lot up against the I-95 wall (that has protected many homes during hurricanes). Currently, fully insured—you will not find a nicer home in Holiday Park at this price. CASH OFFERS ONLY ONLY

21. 2022-11-13
    historical Contingent 851-char remark

    Show marketing remark (851 chars)

    LOVELY 2BD/2BA DOUBLEWIDE located in a 55+ gated community & PRICED TO SELL! Built in 1981, & after the mobile home building codes were started in 1976, this well-maintained home features a large living room that opens to the dining area, as well as an enclosed front porch to enjoy Florida's lifestyle. Both bedrooms are of ample size & have walk-in closets. The kitchen has lots of cabinet space, & every single kitchen appliance has been replaced w/ in the past 2-6 years. There are 2 outdoor sheds—one w/ the washer & dryer. Water heater was replaced in 2018, & A/C is brand new in 2022! Situated on a good-size lot up against the I-95 wall (that has protected many homes during hurricanes). Currently, fully insured—you will not find a nicer home in Holiday Park at this price. CASH OFFERS ONLY ONLY

22. 2022-11-07
    listed $125,000 Active 851-char remark

    Show marketing remark (851 chars)

    LOVELY 2BD/2BA DOUBLEWIDE located in a 55+ gated community & PRICED TO SELL! Built in 1981, & after the mobile home building codes were started in 1976, this well-maintained home features a large living room that opens to the dining area, as well as an enclosed front porch to enjoy Florida's lifestyle. Both bedrooms are of ample size & have walk-in closets. The kitchen has lots of cabinet space, & every single kitchen appliance has been replaced w/ in the past 2-6 years. There are 2 outdoor sheds—one w/ the washer & dryer. Water heater was replaced in 2018, & A/C is brand new in 2022! Situated on a good-size lot up against the I-95 wall (that has protected many homes during hurricanes). Currently, fully insured—you will not find a nicer home in Holiday Park at this price. CASH OFFERS ONLY ONLY

23. 1999-06-29
    soldstatus $28,000
24. 1981-04-01
    soldstatus $22,100

ⓘ 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: $4,461 · $372/mo
• Projected year-2 tax: $4,461 · $372/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 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°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: $19,715
• − Mortgage interest: −$5,602
• − Property taxes: −$4,461
• − Insurance: −$500
• − Repairs & maintenance: −$1,577
• − Management: −$1,577
• − Depreciation: −$2,909
• Taxable income: $3,089
• Est. tax owed @ 24.0%: −$741
• After-tax cash flow: $3,580/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 — Palm Bay

• Score: 72/100
• State rank: #366
• US rank: #6458

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Bay, FL
• County: Brevard County · 602,871 people
• City population: 132,211
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 49,080
• Household income: $75,311
• Rent vs Own: 13.3% rent · 86.7% own
• Severe rent burden: 702.0

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: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 56% Hispanic / Latino 21% Black 15% Two or more races 14% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 9% Cuban 2% Dominican 3%
• Common ancestry: Romanian 2% Lithuanian 2% Hispanic 2%
• Foreign-born: 16% · Canada, Jamaica
• Languages at home: 77% English-only · Spanish 17% French/Haitian/Cajun 2% Other Indo-European 1%

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: ▼ -34.79%
• Current HPI: 308.9719
• Rent YoY: ▲ 0.93%
• 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

+352.5% since first listed

10 events — show timeline

• 2026-05-19 Price Changed $100,000 SCMLS
• 2026-04-29 Price Changed $110,000 SCMLS
• 2026-04-16 Listed $115,000 SCMLS
• 2022-12-08 Sold (Public Records) $125,000 Public Records
• 2022-12-06 Sold (MLS) $125,000 SCMLS
• 2022-11-22 Pending — SCMLS
• 2022-11-13 Contingent — SCMLS
• 2022-11-07 Listed $125,000 SCMLS
• 1999-06-29 Sold (Public Records) $28,000 Public Records
• 1981-04-01 Sold (Public Records) $22,100 Public Records

Property tax history

+4.9%/yr

Latest (2025): $4,461 · +3.8% YoY. Source: county tax records.