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3550 U.S. 1 🏷️ Likely Rental
D+ Composite 45.29
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

3550 U.S. 1 · Mims, FL 32754
1 bd · 1.0 ba · 4,860 sqft · Other · 37 Days on market
Built 1995

🖨 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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $6,000 price doesn't fit this home's estimated sale value and the remarks read like a rental — treat the cards below with caution.

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.
Recommended offer $5,820 (3.0% below list)

Questions for the listing agent

  1. 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?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  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
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

5-year hold
IRR
Equity multiple
34.98×
Total profit
$57,092
Equity at exit
$895
10-year hold
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
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

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

Break-even rent $52
Max offer price $6,000
Occupancy floor 19%

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

  1. 2026-06-18
    days on market $6,000 Active 37 DOM
  2. 2026-06-17
    days on market $6,000 Active 36 DOM
  3. 2026-06-16
    days on market $6,000 Active 35 DOM
  4. 2026-06-15
    days on market $6,000 Active 34 DOM
  5. 2026-06-14
    days on market $6,000 Active 32 DOM
  6. 2026-06-10
    days on market $6,000 Active 29 DOM
  7. 2026-06-08
    days on market $6,000 Active 27 DOM
  8. 2026-06-07
    days on market $6,000 Active 26 DOM
  9. 2026-06-05
    days on market $6,000 Active 23 DOM
  10. 2026-06-03
    days on market $6,000 Active 22 DOM
  11. 2026-06-02
    days on market $6,000 Active 21 DOM
  12. 2026-06-01
    days on market $6,000 Active 20 DOM
  13. 2026-05-31
    days on market $6,000 Active 19 DOM
  14. 2026-05-12
    listed $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

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Walkable amenities ~0.75 mi

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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
combined federal + state — saved on this device
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

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

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

Price history

1 event — show timeline
  • 2026-05-12 Listed $6,000 FSBO.com

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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