🏷️ Likely Rental
3550 U.S. 1 · Mims, FL
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
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- Est. flood insurance / yr
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Fire risk No data
- Est. fire insurance / yr
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Heat risk No data
- Hot days now (above threshold)
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- Hot days in 30 yrs
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Wind risk No data
- Chance of severe wind over 30 yrs
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Air-quality risk No data
- Unhealthy air days now
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- Unhealthy air days in 30 yrs
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Risk factors via First Street. Map © Google.
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 +15.0/30.0
- ARV discount +7.5/15.0
- 1% rule +5.0/10.0
- DSCR +5.0/10.0
- Schools +4.7/10.0
- Livability +3.1/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$6,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Mobile home for sale in Holiday Village. Mobile home is as is with furniture and tv microwave etc. what you see in pictures is what is there minus the black trash bags on front porch. $6000 Needs a good cleaning some work and TLC 55+ mobile home park $40 per person application fee $640 a month lot rent This was my father & acirc; & euro; & trade; s trailer in Florida and I live in Ohio The neighbor will do the showing with an appointment being made.
Key facts
- Built 1995
- Listed 36 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath other listed at $6k.
Deal economics
- At list price, monthly cash flow is $911 ($11k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $6k).
- Recommended offer: $6k (3.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 62/100 on livability (#765 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: schools D+, amenities F, commute F.
- 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: 184 active listings in the ZIP; 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 $41 of loan paydown is wiped out by about $180 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.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $2k cash investment doubles in ~1 year — after that, you're playing with house money.
Negotiation context
- It's been on market 37 days — a 3% lower offer ($6k) is reasonable based on typical stale-listing flexibility.
Questions for the listing agent
- It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 20.10% ✓
- Cap rate
- 188.57%
- Cash-on-cash
- 650.98%
- DSCR
- 29.97
- GRM
- 0.4
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- —
- Equity multiple
- 34.98×
- Total profit
- $57,092
- Equity at exit
- $895
- IRR
- —
- Equity multiple
- 75.13×
- Total profit
- $124,532
- Equity at exit
- $519
Cash invested: $1,680 (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
ZIP-level market 32754
- Home prices YoY
- -9.4%
- Active inventory
- 184
- Price-to-rent
- 0.4×
Monthly cashflow live
- Estimated rent
- $1,206 medium interval (Pro) →
- Mortgage (P&I)
- −$31
- Tax est. 1.5%
- −$8 /mo · $90/yr
- Insurance
- −$2
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$253
- Net cashflow
- $911
Break-even live
Sensitivity live
| Price | -10% $916 | -5% $913 | +0% $911 | +5% $909 | +10% $907 |
|---|---|---|---|---|---|
| Rent | -10% $816 | -5% $864 | +0% $911 | +5% $959 | +10% $1,007 |
| Rate | -1.0pp $914 | -0.5pp $913 | base $911 | +0.5pp $910 | +1.0pp $908 |
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
- $1,500
- Closing costs
- $180
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 14 events
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2026-06-18days on market $6,000 Active 37 DOM
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2026-06-17days on market $6,000 Active 36 DOM
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2026-06-16days on market $6,000 Active 35 DOM
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2026-06-15days on market $6,000 Active 34 DOM
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2026-06-14days on market $6,000 Active 32 DOM
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2026-06-10days on market $6,000 Active 29 DOM
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2026-06-08days on market $6,000 Active 27 DOM
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2026-06-07days on market $6,000 Active 26 DOM
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2026-06-05days on market $6,000 Active 23 DOM
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2026-06-03days on market $6,000 Active 22 DOM
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2026-06-02days on market $6,000 Active 21 DOM
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2026-06-01days on market $6,000 Active 20 DOM
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2026-05-31days on market $6,000 Active 19 DOM
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2026-05-12$6,000 Active
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $14,474
- − Mortgage interest
- −$336
- − Property taxes
- −$90
- − Insurance
- −$30
- − Repairs & maintenance
- −$1,158
- − Management
- −$1,158
- − Depreciation
- −$175
- Taxable income
- $11,527
- Est. tax owed @ 24.0%
- −$2,767
- After-tax cash flow
- $8,170/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 — Mims
- Score
- 62/100
- State rank
- #765
- US rank
- #17094
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Mims, FL
- Population (ZIP)
- 11,250
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 (92%)
- Race & ethnicity
- White 92% Black 5% Two or more races 3% Hispanic / Latino 2%
- Common ancestry
- Lithuanian 4% Iranian 3% Italian 2%
- Foreign-born
- 2% · Canada
- Languages at home
- 97% English-only · Spanish 1% French/Haitian/Cajun 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
- ▼ -34.55%
- Current HPI
- 333.7709
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- ▲ 3.28%
- F500 in state
- 36
Industry mix (Fortune 500 HQ in FL)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Industrial Technology | 2 | $29B |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
1 event — show timeline
- 2026-05-12 Listed $6,000 FSBO.com
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…