6731 Sinsonte Ct · Vero Beach South, FL 34951

$16,995

2 bd · 2.0 ba · 1,056 sqft · Manufactured · 2 Days on market

Built 1994 Est $22k · 23% under ↓ 43% since listing

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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 +15.0/30.0
• ARV discount +15.0/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.9/5.0
• Schools +3.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 6731 Sinsonte Ct, a fully furnished 2-bedroom, 2-bath home in the 55+ community of Spanish Lakes Fairways in Fort Pierce. This well-kept home includes all major appliances—refrigerator, stove, dishwasher, microwave, washer and dryer—plus a 4-year-old A/C unit for year-round comfort. The open layout features a bright living/dining area, a full kitchen, and a private primary suite with ample closet space. The guest room is perfect for visitors, hobbies, or a home office. Enjoy relaxing on the screened-in porch and take advantage of the community's resort-style amenities: golf, tennis, pools, clubhouse, fitness center, and more—all included in the land lease. Perfe

Key facts

• Screened in porch
• Major appliances
• 4 year old a/c unit

Tags

• FULLY FURNISHED
• MAJOR APPLIANCES
• 4 YEAR OLD A/C UNIT
• SCREENED IN PORCH
• RESORT STYLE AMENITIES

Property features AI

Finance

• Other: Pets not allowed
• HOA & community: Community association with amenities; Association amenities include: clubhouse, pool, billiard room, game room, community room, golf course access, jogging path, shuffleboard court, and pickleball courts; Senior community

Exterior

• Parking: Attached carport; 2 carport spaces; 2 covered parking spaces; 1 additional open parking space
• Utilities: Three-phase electric; Cable available; Water available
• Home design: Manufactured home; Single-story; Faces northeast; Model: MERI; Resale condition
• Construction: Vinyl siding; 46 ft by 24 ft (mobile dimensions)
• Exterior features: Not waterfront

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central heating; Central air conditioning
• Interior features: No additional interior features listed; Furnished

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $17k.

Deal economics

• At list price, monthly cash flow is $2k ($18k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $17k).
• Cap rate 113.4% vs local median 4.3% in Vero Beach South — 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 78/100 on livability (#163 in FL, #2,445 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A; Watch: amenities 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: Weatherbee Elementary School (math 32% / reading 32%, grade F, #1,797 of 2,144 statewide, top 86%, 672 students, 90% FRL); Dan Mccarty Middle School (math 23% / reading 23%, grade F, #542 of 571 statewide, top 95%, 747 students, 88% FRL); Fort Pierce Westwood Academy The W.E.S.T. Prep Magnet (math 16% / reading 36%, grade F, #494 of 667 statewide, top 75%, 2,010 students, 75% FRL) — zoned schools average 85% FRL vs 59% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 27% at this address vs 44% district-wide (-17 pts) — the specific schools serving this property underperform the St. Lucie average; the district grade overstates school quality for this exact location.
• Market conditions: 296 active listings in the ZIP; 1 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 39% of the median local income ($63k/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 $117 of loan paydown is wiped out by about $510 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $5k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.

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 $16,995

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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.
3. 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.
4. 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: 12.17% ✓
• Cap rate: 113.38%
• Cash-on-cash: 382.46%
• DSCR: 18.02
• GRM: 0.7

CMA / ARV

• ARV (on-the-fly): $22,176
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6539 Spanish Lakes Blvd	0.31mi	2/2.0	1,200 (+14%)	3mo	$24,987	$21	60
14063 Cancun Ave	0.70mi	2/2.0	1,144 (+8%)	24mo	$20,495	$18	34

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 20.73×
• Total profit: $93,872
• Equity at exit: $2,534

10-year hold

• IRR: —
• Equity multiple: 44.34×
• Total profit: $206,250
• Equity at exit: $1,469

Cash invested: $4,759 (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 34951

• Home prices YoY: -23.6%
• Active inventory: 296
• Price-to-rent: 0.7×

Monthly cashflow live

• Estimated rent: $2,068 medium
• Mortgage (P&I): −$89
• Tax est. 1.5%: −$21 /mo · $255/yr
• Insurance: −$7
• HOA: −$0
• Vacancy / Maint / Mgmt: −$434
• Net cashflow: $1,517

Break-even live

Break-even rent $149

Max offer price $16,995

Occupancy floor 22%

Sensitivity live

Price	-10% $1,528	-5% $1,522	+0% $1,517	+5% $1,511	+10% $1,505
Rent	-10% $1,353	-5% $1,435	+0% $1,517	+5% $1,598	+10% $1,680
Rate	-1.0pp $1,525	-0.5pp $1,521	base $1,517	+0.5pp $1,512	+1.0pp $1,508

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: $4,249
• Closing costs: $510
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6765 Spanish Lakes Blvd Fort Pierce, FL	2.0	2.0	1368	$2,500	$1.83	25d	1	0.23mi

Listing history 22 events

1. 2026-06-21
   pricedays on marketlisting id $16,995 Active 2 DOM
2. 2026-06-17
   days on market $19,995 Active 364 DOM
3. 2026-06-16
   days on market $19,995 Active 363 DOM
4. 2026-06-15
   days on market $19,995 Active 362 DOM
5. 2026-06-14
   days on market $19,995 Active 360 DOM
6. 2026-06-13
   days on market $19,995 Active 359 DOM
7. 2026-06-10
   days on market $19,995 Active 357 DOM
8. 2026-06-09
   days on market $19,995 Active 356 DOM
9. 2026-06-08
   days on market $19,995 Active 355 DOM
10. 2026-06-07
    days on market $19,995 Active 354 DOM
11. 2026-06-05
    days on market $19,995 Active 351 DOM
12. 2026-06-03
    days on market $19,995 Active 350 DOM
13. 2026-06-02
    days on market $19,995 Active 349 DOM
14. 2026-06-01
    days on market $19,995 Active 348 DOM
15. 2026-05-31
    days on market $19,995 Active 347 DOM
16. 2026-05-30
    days on market $19,995 Active 346 DOM
17. 2026-05-20
    price $19,995
18. 2026-04-01
    price $22,495
19. 2026-02-26
    price $24,995
20. 2026-01-15
    price $27,495
21. 2025-11-13
    price $29,995
22. 2025-06-17
    listed $34,995 Active

ⓘ 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 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°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: $24,821
• − Mortgage interest: −$952
• − Property taxes: −$255
• − Insurance: −$85
• − Repairs & maintenance: −$1,986
• − Management: −$1,986
• − Depreciation: −$494
• Taxable income: $19,064
• Est. tax owed @ 24.0%: −$4,575
• After-tax cash flow: $13,624/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 — Vero Beach South

• Score: 78/100
• State rank: #163
• US rank: #2445

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Saint Lucie County · 337,150 people
• Metro: Port St. Lucie, FL
• Population (ZIP): 17,148
• Household income: $63,122
• Rent vs Own: 11.7% rent · 88.3% own
• Severe rent burden: 140.0

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: Predominantly White (74%)
• Race & ethnicity: White 74% Black 13% Hispanic / Latino 8% Two or more races 7% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Cuban 2%
• Common ancestry: Romanian 3% Italian 2% Lithuanian 2%
• Foreign-born: 10% · Canada, Jamaica, Vietnam
• Languages at home: 88% English-only · Spanish 7% French/Haitian/Cajun 3% Vietnamese 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: ▼ -106.06%
• Current HPI: 343.1376
• Rent YoY: —
• 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

-42.9% since first listed

6 events — show timeline

• 2026-05-20 Price Changed $19,995 Beaches MLS
• 2026-04-01 Price Changed $22,495 Beaches MLS
• 2026-02-26 Price Changed $24,995 Beaches MLS
• 2026-01-15 Price Changed $27,495 Beaches MLS
• 2025-11-13 Price Changed $29,995 Beaches MLS
• 2025-06-17 Listed $34,995 Beaches MLS