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59 Hulett Woods Rd
D- Composite 36.52
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).

  • ARV discount +10.9/15.0
  • Cash flow +6.7/30.0
  • Schools +5.7/10.0
  • Condition / age +3.8/5.0
  • Livability +3.5/5.0
  • Rent growth +2.7/5.0
  • 1% rule +2.4/10.0
  • DSCR +0.9/10.0
  • Appreciation +0.0/10.0

$315,000

59 Hulett Woods Rd · Palm Coast, FL 32137
3 bd · 2.0 ba · 1,986 sqft · SingleFamily public records · 166 Days on market
Built 2024 Good condition 5,998 sqft lot 2-car garage $159/sqft · 8% below area Est $341k · 8% under $20/mo HOA · 1% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Under Construction. Welcome to Sawmill Branch! Convenient to US 1 and I-95, this new neighborhood is located minutes from fantastic shopping, dining and top-rated schools. Flagler County offers miles of pristine beaches! Enjoy beautiful parks, miles of biking trails, and beautiful weather. Residents will enjoy upcoming resort style amenities. Thoughtfully designed one and two-story open concept homes offer a fantastic and affordable new home value with smart energy-efficient features.

Key facts

  • Dog park
  • Fitness center
  • Hoa community

Tags

HOA COMMUNITYRESIDENT CLUBHOUSERESORT-STYLE POOLFITNESS CENTERDOG PARKPLAYGROUND

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $315k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-507 ($-6k/yr) — negative.
  • To cash-flow at today's rent, offer at most $225k (28.4% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $234k (25.8% below list).
  • Recommended offer: $225k (28.4% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 69/100 on livability (#478 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living B+; Watch: amenities F, commute F.
  • Flagler (rural): math 53% / reading 56% proficiency, ranked #20 of 73 in FL (top 27%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Belle Terre Elementary School (math 64% / reading 64%, grade B, #552 of 2,144 statewide, top 26%, 1,190 students, 58% FRL); Indian Trails Middle School (math 64% / reading 59%, grade B+, #124 of 571 statewide, top 22%, 1,518 students, 50% FRL); Matanzas High School (math 36% / reading 53%, grade F, #237 of 667 statewide, top 36%, 1,978 students, 48% FRL) — zoned schools at 52% FRL track the district average.
  • Market conditions: Rents flat; 2065 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals lingering (median 79d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 76% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 2,588 units permitted in Flagler County in 2024 (0 in 5+ unit buildings).
  • This rent runs 33% of the median local income ($84k/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 $9k of value loss. Plan a longer hold.
  • Flagler County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 166 days — a 12% lower offer ($277k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 2y ago; this cycle's ask has dropped $28k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $225,480 (28.4% 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 166 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
0.74%
Cap rate
4.36%
Cash-on-cash
-6.89%
DSCR
0.69
GRM
11.2

CMA / ARV

ARV (median comp)
$340,818
List price
$315,000
Delta
-7.58%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5 Oakleaf Ct 0.19mi 4/3.0 (+1) 1,987 (+0%) 2mo $368,295 $185 80
14 Sawdust Ln 0.14mi 4/2.0 (+1) 1,862 (-6%) 3mo $348,090 $187 76
7 Sawdust Ln 0.16mi 4/2.0 (+1) 1,862 (-6%) 2mo $349,990 $188 75
1 Oakleaf Ct 0.18mi 4/2.0 (+1) 1,862 (-6%) 3mo $333,000 $179 73
16 Sawdust Ln 0.14mi 3/2.0 1,714 (-14%) 0mo $315,000 $184 70
54 Sawdust Ln 0.33mi 4/2.0 (+1) 1,862 (-6%) 1mo $327,000 $176 69
1 Golden Oak Way 0.32mi 4/2.0 (+1) 1,862 (-6%) 3mo $335,535 $180 67
91 Rivertown Rd 0.46mi 4/2.0 (+1) 1,862 (-6%) 2mo $283,500 $152 61
56 Sawdust Ln 0.33mi 3/2.0 1,714 (-14%) 3mo $324,990 $190 59
3 Longview Ln 0.60mi 4/2.0 (+1) 1,873 (-6%) 3mo $400,000 $214 55
7 Lee Dr 0.63mi 4/2.0 (+1) 1,804 (-9%) 2mo $335,000 $186 48
18 Lee Dr 0.72mi 4/2.0 (+1) 1,729 (-13%) 1mo $300,000 $174 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 · 0.85% rent growth · sell at horizon

5-year hold
IRR
-30.8%
Equity multiple
0.00×
Total profit
$-88,125
Equity at exit
$46,968
10-year hold
IRR
-48.3%
Equity multiple
-0.56×
Total profit
$-137,168
Equity at exit
$27,235

Cash invested: $88,200 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
87 active · 41 under contract
Months of supply
10.9 mo (9%/mo absorbed)
Median asking
$354,900 ($196/sqft)
Median days on market
134 d
This list price
13% of active listings are priced below it
ARV vs active asking
-12.5% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 32137

Home prices YoY
-34.5%
Rents YoY
0.8%
Active inventory
2065
Price-to-rent
11.2×

Monthly cashflow live

Estimated rent
$2,337 high interval (Pro) →
Mortgage (P&I)
$1,652
Tax from tax record
$550 /mo · $6,599/yr
Insurance
$131
HOA
$20
Vacancy / Maint / Mgmt
$491
Net cashflow
$-507

Break-even live

Break-even rent $2,979
Max offer price $225,480
Occupancy floor

Sensitivity live

Price -10% $-328 -5% $-418 +0% $-507 +5% $-596 +10% $-685
Rent -10% $-691 -5% $-599 +0% $-507 +5% $-414 +10% $-322
Rate -1.0pp $-348 -0.5pp $-427 base $-507 +0.5pp $-588 +1.0pp $-671

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
$78,750
Closing costs
$9,450
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 21 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
14 Lumberjack Trl Palm Coast, FL 4.0 3.0 2043 $2,450 $1.20 4d 1 0.14mi
68 Rivertown Rd Palm Coast, FL 3.0 2.0 1770 $2,250 $1.27 78d 1 0.36mi
76 Rivertown Rd Palm Coast, FL 3.0 2.0 1770 $2,250 $1.27 78d 1 0.40mi
25 Rivertown Rd Palm Coast, FL 3.0 2.0 1907 $2,250 $1.18 0d 1 0.46mi
20 Rivertown Rd Palm Coast, FL 4.0 2.0 1869 $2,400 $1.28 88d 1 0.48mi
80 Oakleaf Way Palm Coast, FL 3.0 2.0 1557 $2,150 $1.38 119d 1 0.74mi
70 Oakleaf Way Palm Coast, FL 3.0 3.0 2363 $2,395 $1.01 88d 1 0.80mi
22 Oakleaf Way Palm Coast, FL 4.0 3.0 1973 $2,500 $1.27 9d 1 0.91mi
41 Louisiana Dr Palm Coast, FL 3.0 2.0 2356 $1,850 $0.79 62d 1 1.00mi
25 Louisville Dr Unit A Palm Coast, FL 3.0 2.0 1677 $1,700 $1.01 119d 1 1.04mi
55 Louisiana Dr Unit B Palm Coast, FL 3.0 2.0 1311 $1,950 $1.49 88d 1 1.11mi
106 La Mancha Dr Palm Coast, FL 4.0 2.0 1640 $1,875 $1.14 62d 1 1.26mi
2 Lamar Ln Palm Coast, FL 3.0 2.0 1843 $1,900 $1.03 9d 1 1.27mi
15 Lamoyne Ln Palm Coast, FL 4.0 2.0 2044 $2,100 $1.03 9d 1 1.29mi
7 Lancaster Ln Palm Coast, FL 4.0 2.0 1859 $3,500 $1.88 119d 1 1.35mi
121 Lindsay Dr Palm Coast, FL 3.0 2.0 1677 $1,700 $1.01 98d 1 1.44mi
85 Laramie Dr Palm Coast, FL 3.0 2.0 1716 $2,000 $1.17 78d 1 1.45mi
85 Laramie Dr Palm Coast, FL 3.0 2.0 1716 $2,100 $1.22 119d 1 1.45mi
85 Laramie Dr Palm Coast, FL 3.0 2.0 1716 $2,000 $1.17 88d 1 1.45mi
59 Laramie Dr Palm Coast, FL 3.0 2.0 1270 $1,700 $1.34 62d 1 1.47mi
38 Bud Field Dr Palm Coast, FL 3.0 2.0 1619 $1,900 $1.17 110d 1 1.49mi

Property features AI

Finance

Other
CDD presentLot about 0.14 acres (0 to less than 1/4 acre)Pond view
HOA & community
Has HOA (association of record)HOA fee $249 annually (approximately $20.75/month)Association fee requiredPets allowed

Exterior

Parking
2-car garage
Utilities
Public waterPublic sewerElectricity available and connectedWater and sewer available and connected
Home design
Single family residenceOne storySouthwest facingResidential property in Sawmill Branch developmentCompleted condition
Construction
Brick and frame constructionShingle roofSlab foundationBuilt by D.R. Horton (Dalton model)
Exterior features
Rain guttersPaved road accessIrrigation system

Interior

Kitchen
DishwasherDisposal
Bedrooms
4 bedrooms
Flooring
Tile
Bathrooms
2 full bathrooms
Heating & cooling
Central heating (electric)Central air conditioning
Interior features
Ceiling fansSolid surface counters
Laundry & utility
Laundry room

Listing history 50 events

  1. 2026-09-24
    days on market $315,000 Active 166 DOM
  2. 2026-09-23
    days on market $315,000 Active 165 DOM
  3. 2026-09-22
    days on market $315,000 Active 164 DOM
  4. 2026-09-21
    days on market $315,000 Active 163 DOM
  5. 2026-09-20
    days on market $315,000 Active 162 DOM
  6. 2026-09-19
    days on market $315,000 Active 161 DOM
  7. 2026-09-18
    days on market $315,000 Active 160 DOM
  8. 2026-09-17
    days on market $315,000 Active 159 DOM
  9. 2026-09-16
    days on market $315,000 Active 158 DOM
  10. 2026-09-15
    days on market $315,000 Active 157 DOM
  11. 2026-09-14
    days on market $315,000 Active 156 DOM
  12. 2026-09-13
    days on market $315,000 Active 155 DOM
  13. 2026-09-12
    days on market $315,000 Active 154 DOM
  14. 2026-09-11
    days on market $315,000 Active 153 DOM
  15. 2026-09-05
    days on market $315,000 Active 147 DOM
  16. 2026-09-04
    days on market $315,000 Active 146 DOM
  17. 2026-09-03
    days on market $315,000 Active 145 DOM
  18. 2026-08-31
    days on market $315,000 Active 142 DOM
  19. 2026-08-30
    days on market $315,000 Active 141 DOM
  20. 2026-08-29
    days on market $315,000 Active 140 DOM
  21. 2026-08-28
    days on market $315,000 Active 139 DOM
  22. 2026-08-27
    days on market $315,000 Active 138 DOM
  23. 2026-08-26
    days on market $315,000 Active 137 DOM
  24. 2026-08-25
    days on market $315,000 Active 136 DOM
  25. 2026-08-24
    days on market $315,000 Active 135 DOM
  26. 2026-08-23
    days on market $315,000 Active 134 DOM
  27. 2026-08-22
    days on market $315,000 Active 133 DOM
  28. 2026-08-21
    days on market $315,000 Active 132 DOM
  29. 2026-08-20
    days on market $315,000 Active 131 DOM
  30. 2026-08-19
    days on market $315,000 Active 130 DOM
  31. 2026-08-18
    days on market $315,000 Active 129 DOM
  32. 2026-08-17
    days on market $315,000 Active 128 DOM
  33. 2026-08-16
    days on market $315,000 Active 127 DOM
  34. 2026-08-15
    days on market $315,000 Active 126 DOM
  35. 2026-08-14
    days on market $315,000 Active 125 DOM
  36. 2026-08-13
    days on market $315,000 Active 124 DOM
  37. 2026-08-12
    days on market $315,000 Active 123 DOM
  38. 2026-08-11
    days on market $315,000 Active 122 DOM
  39. 2026-08-10
    days on market $315,000 Active 121 DOM
  40. 2026-08-09
    days on market $315,000 Active 120 DOM
  41. 2026-08-08
    days on market $315,000 Active 119 DOM
  42. 2026-08-07
    days on market $315,000 Active 118 DOM
  43. 2026-08-06
    days on market $315,000 Active 117 DOM
  44. 2026-08-05
    days on market $315,000 Active 116 DOM
  45. 2026-08-04
    days on market $315,000 Active 115 DOM
  46. 2026-08-03
    days on market $315,000 Active 114 DOM
  47. 2026-07-31
    days on market $315,000 Active 111 DOM
  48. 2026-07-30
    days on market $315,000 Active 110 DOM
  49. 2026-07-30
    days on market $315,000 Active 109 DOM
  50. 2026-07-26
    days on market $315,000 Active 106 DOM

ⓘ 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
$6,599 · $550/mo
Projected year-2 tax
$6,599 · $550/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 6/10 Major
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$28,045
− Mortgage interest
−$17,645
− Property taxes
−$6,599
− Insurance
−$1,575
− Repairs & maintenance
−$2,244
− Management
−$2,244
− HOA
−$240
− Depreciation
−$9,164
Taxable loss
−$11,665
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,800
After-tax cash flow
$-3,282/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.

Condition & rehab AI · 10 photos

Good 75/100 Cosmetic rehab Est. rehab $9,930–$29,790 screening

This 2024-built home in Sawmill Branch offers a good condition with modern amenities and a well-maintained exterior. It is ready for a fresh coat of paint and some energy-efficient updates to maximize its value.

Value-add opportunities

  • Both Paint interior walls — Fresh paint enhances curb appeal and interior aesthetics
  • Both Replace ceiling fans with energy-efficient models — Energy-efficient fans reduce energy costs and improve comfort
  • Both Install smart home features — Smart home features increase convenience and property value

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 57/100

Zoned Schools

Elementary Belle Terre Elementary School B FL #552/2,144 Nat'l #5,798/41,679 Middle Indian Trails Middle School B+ FL #124/571 Nat'l #1,620/14,009 High Matanzas High School F FL #237/667 Nat'l #6,890/17,239

Schools (NCES district)

District
Flagler
NCES district ID
1200540
Math proficiency
53% ▼ -9.00%
Reading proficiency
56% ▼ -4.00%
Median HH income
$48,354
Composite
46.35/100
National rank
#2464
State rank
#20 of 73 in FL
C Composite livability gradescore 69/100

Livability — Palm Coast

Score
69/100
State rank
#478
US rank
#8721

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Palm Coast, FL
County
Flagler County · 123,474 people
City population
105,049
Metro
Deltona-Daytona Beach-Ormond Beach, FL
Population (ZIP)
48,391
Household income
$83,923
Rent vs Own
13.6% rent · 86.4% own
Severe rent burden
18% of renters

Population outlook (Flagler County) Hauer SSP2

Today (2025)
123,474 people
By 2030
131,864 · +6.8%
By 2040
146,176 · +18.4%
By 2050
157,398 · +27.5%
By 2075
177,990 · +44.2%
By 2100
183,381 · +48.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (77%)
Race & ethnicity
White 77% Hispanic / Latino 10% Two or more races 8% Black 6% Asian 3%
Hispanic origin (detail)
Puerto Rican 4% Cuban 1%
Common ancestry
Romanian 4% Russian 2% Lithuanian 2%
Foreign-born
13% · Canada, Jamaica
Languages at home
85% English-only · Spanish 7% Other Indo-European 3% Russian/Polish/Slavic 2%

Political lean MEDSL · Flagler

2024 margin
Strong R (+28.2) · D 35.6% · R 63.8%
2008→2024 swing
-29.8pp toward R · 2008: 1.6pp · 2024: -28.2pp
All cycles
2024: R+28.2 2020: R+20.8 2016: R+20.6 2012: R+7.4 2008: D+1.6

Not yet ingested

Civics

Price history

-92.2% since first listed
13 events — show timeline
  • 2026-05-28 Price Changed $315,000 Stellar MLS as Distributed by MLS Grid
  • 2026-04-11 Listed $343,000 Stellar MLS as Distributed by MLS Grid
  • 2024-06-28 Sold (MLS) $375,000 Stellar MLS as Distributed by MLS Grid
  • 2024-06-28 Sold (MLS) $375,000 realMLS
  • 2024-06-28 Sold (MLS) $375,000 St. Augustine and St. Johns County Board of REALTORS®
  • 2024-04-30 Pending realMLS
  • 2024-04-30 Pending Stellar MLS as Distributed by MLS Grid
  • 2024-04-30 Pending St. Augustine and St. Johns County Board of REALTORS®
  • 2024-04-13 Price Changed $378,990 St. Augustine and St. Johns County Board of REALTORS®
  • 2024-04-11 Listed $375,990 Stellar MLS as Distributed by MLS Grid
  • 2024-04-11 Listed $375,990 realMLS
  • 2024-04-11 Listed $375,990 St. Augustine and St. Johns County Board of REALTORS®
  • 2024-02-08 Sold (Public Records) $4,037,653 Public Records

Property tax history

+65.7%/yr

Latest (2025): $6,599 · +101.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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