3385 Daryl Ter · Titusville, FL 32796

$230,000

3 bd · 2.0 ba · 1,248 sqft · SingleFamily public records · 20 Days on market

Built 1967 8,276 sqft lot

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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 +16.7/30.0
• ARV discount +7.5/15.0
• DSCR +5.2/10.0
• Schools +4.7/10.0
• Livability +4.2/5.0
• 1% rule +4.1/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming block home on a quiet street in an established neighborhood that wont last long! Nice sized screened rear porch, eat in kitchen area, inside utility, living room, ceiling fans, 4 bedrooms, 2 baths and a large 2car attached carport. With a little updating you can make this your dream home! Come show today! Property is sold ''AS-IS'' including any existing appliances, plumbing, heating and air conditioning and electrical systems. Information from sources deemed reliable but not guaranteed. Buyer/Buyer's agent to verify all information. Room sizes are estimates only.

Key facts

• Near schools
• Near shopping
• Tile flooring

Tags

• TILE FLOORING
• FUNCTIONAL LAYOUT
• QUIET RESIDENTIAL AREA
• NEAR SHOPPING
• NEAR SCHOOLS
• NEAR PARKS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $142 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (8.6% below list).
• Recommended offer: $210k (8.6% below list) — sets the bar for 1% rule.

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: schools C-, 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.
• Market conditions: Rents flat; 256 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 37% 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 $2k of loan paydown is wiped out by about $7k 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 20 days — a 2% lower offer ($227k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 11y 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 $23k; list at $230k implies a 887% 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→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $210,230 (8.6% below list)

Questions for the listing agent

1. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
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: 0.91% ✗
• Cap rate: 7.03%
• Cash-on-cash: 2.64%
• DSCR: 1.12
• GRM: 9.1

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: -14.8%
• Equity multiple: 0.48×
• Total profit: $-33,224
• Equity at exit: $34,294

10-year hold

• IRR: -10.5%
• Equity multiple: 0.43×
• Total profit: $-36,807
• Equity at exit: $19,886

Cash invested: $64,400 (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: 9.1×

Monthly cashflow live

• Estimated rent: $2,102 high
• Mortgage (P&I): −$1,206
• Tax from tax record: −$217 /mo · $2,604/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$441
• Net cashflow: $142

Break-even live

Break-even rent $1,923

Max offer price $230,000

Occupancy floor 88%

Sensitivity live

Price	-10% $272	-5% $207	+0% $142	+5% $77	+10% $12
Rent	-10% $-24	-5% $59	+0% $142	+5% $225	+10% $308
Rate	-1.0pp $258	-0.5pp $200	base $142	+0.5pp $82	+1.0pp $22

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: $57,500
• Closing costs: $6,900
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1580 Liberty Tree Rd Titusville, FL	3.0	2.0	1458	$2,145	$1.47	15d	1	0.55mi
1539 Lafayette Ave Titusville, FL	3.0	2.0	1457	$2,260	$1.55	15d	1	0.70mi
1105 Morse Ave Titusville, FL	3.0	2.0	1218	$1,995	$1.64	24d	1	1.27mi
965 N Singleton Ave Titusville, FL	3.0	2.0	1493	$2,250	$1.51	20d	1	1.28mi
2745 Starlight Dr Titusville, FL	3.0	2.0	1232	$1,800	$1.46	24d	1	1.30mi
955 N Carpenter Rd Titusville, FL	3.0	1.0	816	$1,550	$1.90	22d	1	1.48mi

Listing history 8 events

1. 2026-03-05
   status Pending
2. 2026-02-13
   listed $230,000 Active
3. 2024-11-19
   historical $1,700
4. 2024-09-26
   listed $1,700
5. 2016-08-16
   historical 580-char remark

   Show marketing remark (580 chars)

   Charming block home on a quiet street in an established neighborhood that wont last long! Nice sized screened rear porch, eat in kitchen area, inside utility, living room, ceiling fans, 4 bedrooms, 2 baths and a large 2car attached carport. With a little updating you can make this your dream home! Come show today! Property is sold ''AS-IS'' including any existing appliances, plumbing, heating and air conditioning and electrical systems. Information from sources deemed reliable but not guaranteed. Buyer/Buyer's agent to verify all information. Room sizes are estimates only.

6. 2015-10-28
   listed $54,900 580-char remark

   Show marketing remark (580 chars)

   Charming block home on a quiet street in an established neighborhood that wont last long! Nice sized screened rear porch, eat in kitchen area, inside utility, living room, ceiling fans, 4 bedrooms, 2 baths and a large 2car attached carport. With a little updating you can make this your dream home! Come show today! Property is sold ''AS-IS'' including any existing appliances, plumbing, heating and air conditioning and electrical systems. Information from sources deemed reliable but not guaranteed. Buyer/Buyer's agent to verify all information. Room sizes are estimates only.

7. 1978-05-01
   soldstatus $23,300
8. 1978-04-01
   soldstatus $205,000

ⓘ 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: $2,604 · $217/mo
• Projected year-2 tax: $2,604 · $217/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 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 23 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: $25,228
• − Mortgage interest: −$12,884
• − Property taxes: −$2,604
• − Insurance: −$1,150
• − Repairs & maintenance: −$2,018
• − Management: −$2,018
• − Depreciation: −$6,691
• Taxable loss: −$2,137
• Est. tax savings @ 24.0%: +$513
• After-tax cash flow: $2,215/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

+12.2% since first listed

8 events — show timeline

• 2026-03-05 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-13 Listed $230,000 Stellar MLS as Distributed by MLS Grid
• 2024-11-19 Rental Removed $1,700 STELLARMLS
• 2024-09-26 Listed for Rent $1,700 STELLARMLS
• 2016-08-16 Listing Removed — SCMLS
• 2015-10-28 Listed $54,900 SCMLS
• 1978-05-01 Sold (Public Records) $23,300 Public Records
• 1978-04-01 Sold (Public Records) $205,000 Public Records

Property tax history

+18.8%/yr

Latest (2025): $2,604 · +7.5% YoY. Source: county tax records.