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3711 Prescott St
C Composite 55.28
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 +21.3/30.0
  • ARV discount +7.5/15.0
  • DSCR +6.8/10.0
  • 1% rule +5.6/10.0
  • Schools +4.7/10.0
  • Livability +4.2/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$209,900

3711 Prescott St · Titusville, FL 32796
3 bd · 2.0 ba · 1,284 sqft · SingleFamily public records · 89 Days on market
Built 1988 6,970 sqft lot

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

Listing remarks MLS

3 Br. 2 Baths , 2 car Garage, Sun room Sitting in a Quite Desirable Neighborhood .

Key facts

  • Open floor plan
  • Close to schools
  • Large eat-in kitchen

Tags

OPEN FLOOR PLANLARGE EAT-IN KITCHENLARGE BACK YARDCLOSE TO SHOPPINGCLOSE TO ENTERTAINMENTCLOSE TO SCHOOLS

Property features AI

Finance

  • Other: Living area listed as 1,284 (unit omitted); Lot size approximately 0.16 acres
  • Financial info: Tax information available (annual tax listed in source)

Exterior

  • Parking: 2-car garage
  • Utilities: Public sewer; Electricity available; Sewer available; Water available
  • Home design: Single family residence; North-facing
  • Construction: Stucco construction
  • Exterior features: Chain link fencing; Cleared lot; Paved road access

Interior

  • Kitchen: Appliances included (details not specified)
  • Bedrooms: 3 bedrooms
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Other appliances (unspecified)
  • Laundry & utility: Unfurnished (no built-in laundry details provided)

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $210k.

Deal economics

  • At list price, monthly cash flow is $309 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $210k).
  • Recommended offer: $197k (6.0% below list) — sets the bar for market timing.

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: 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.
  • Zoned schools: Oak Park Elementary School (math 36% / reading 37%, grade F, #1,656 of 2,144 statewide, top 78%, 501 students, 74% FRL); James Madison Middle School (math 39% / reading 39%, grade F, #381 of 571 statewide, top 67%, 446 students, 65% FRL); Astronaut High School (math 25% / reading 43%, grade F, #394 of 667 statewide, top 60%, 1,112 students, 51% FRL) — zoned schools average 63% FRL vs 43% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 36% at this address vs 55% district-wide (-18 pts) — the specific schools serving this property underperform the Brevard average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents flat; 256 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 15d 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 40% 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 $1k of loan paydown is wiped out by about $6k 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 89 days — a 6% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 8y ago; this cycle's ask has dropped $15k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $155k; 35% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $197,306 (6.0% below list)

Questions for the listing agent

  1. It's been on market 89 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  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
1.06%
Cap rate
8.06%
Cash-on-cash
6.30%
DSCR
1.28
GRM
7.9

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
-9.3%
Equity multiple
0.67×
Total profit
$-19,599
Equity at exit
$31,297
10-year hold
IRR
-3.5%
Equity multiple
0.79×
Total profit
$-12,240
Equity at exit
$18,148

Cash invested: $58,772 (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 32796

Rents YoY
0.6%
Active inventory
256
Price-to-rent
7.9×

Monthly cashflow live

Estimated rent
$2,227 medium interval (Pro) →
Mortgage (P&I)
$1,101
Tax est. 1.5%
$262 /mo · $3,148/yr
Insurance
$87
HOA
$0
Vacancy / Maint / Mgmt
$468
Net cashflow
$309

Break-even live

Break-even rent $1,836
Max offer price $209,900
Occupancy floor 81%

Sensitivity live

Price -10% $454 -5% $381 +0% $309 +5% $236 +10% $164
Rent -10% $133 -5% $221 +0% $309 +5% $397 +10% $484
Rate -1.0pp $414 -0.5pp $362 base $309 +0.5pp $254 +1.0pp $199

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
$52,475
Closing costs
$6,297
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.

Rent comps 3 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1580 Liberty Tree Rd Titusville, FL 3.0 2.0 1458 $2,145 $1.47 15d 1 0.52mi
1539 Lafayette Ave Titusville, FL 3.0 2.0 1457 $2,260 $1.55 15d 1 0.53mi
1340 Sharon Dr Titusville, FL 3.0 2.0 1872 $2,516 $1.34 15d 1 1.38mi

Listing history 26 events

  1. 2026-06-16
    status $209,900 Pending 89 DOM
  2. 2026-06-15
    days on market $209,900 Active Under Contract 89 DOM
  3. 2026-06-14
    days on market $209,900 Active Under Contract 87 DOM
  4. 2026-06-10
    days on market $209,900 Active Under Contract 84 DOM
  5. 2026-06-08
    days on market $209,900 Active Under Contract 82 DOM
  6. 2026-06-07
    days on market $209,900 Active Under Contract 81 DOM
  7. 2026-06-05
    days on market $209,900 Active Under Contract 78 DOM
  8. 2026-06-03
    days on market $209,900 Active Under Contract 77 DOM
  9. 2026-06-02
    days on market $209,900 Active Under Contract 76 DOM
  10. 2026-06-01
    days on market $209,900 Active Under Contract 75 DOM
  11. 2026-05-31
    days on market $209,900 Active Under Contract 74 DOM
  12. 2026-05-31
    days on market $209,900 Active Under Contract 73 DOM
  13. 2026-05-07
    historical Active Under Contract
  14. 2026-04-22
    price $209,900
  15. 2026-03-16
    listed $225,000 Active
  16. 2024-07-19
    historical 83-char remark
    Show marketing remark (83 chars)

    3 Br. 2 Baths , 2 car Garage, Sun room Sitting in a Quite Desirable Neighborhood .

  17. 2024-05-20
    listed $240,000 Active 83-char remark
    Show marketing remark (83 chars)

    3 Br. 2 Baths , 2 car Garage, Sun room Sitting in a Quite Desirable Neighborhood .

  18. 2024-03-20
    status Pending 133-char remark
    Show marketing remark (133 chars)

    Featuring 3 Bed Room , 2 Baths , 2 Car Garage. Screen in Florida Sun Room. Plus so much more you will have to come see for yourself !

  19. 2024-03-20
    historical 133-char remark
    Show marketing remark (133 chars)

    Featuring 3 Bed Room , 2 Baths , 2 Car Garage. Screen in Florida Sun Room. Plus so much more you will have to come see for yourself !

  20. 2024-03-19
    listed $220,000 Active 133-char remark
    Show marketing remark (133 chars)

    Featuring 3 Bed Room , 2 Baths , 2 Car Garage. Screen in Florida Sun Room. Plus so much more you will have to come see for yourself !

  21. 2018-05-07
    soldstatus $155,000
  22. 2018-05-03
    soldstatus $155,000
  23. 2018-02-27
    listed $159,800
  24. 2005-01-20
    soldstatus $107,000
  25. 1999-01-25
    soldstatus $70,000
  26. 1988-12-01
    soldstatus $63,500

ⓘ 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 6/10 Major
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 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
$26,721
− Mortgage interest
−$11,758
− Property taxes
−$3,148
− Insurance
−$1,050
− Repairs & maintenance
−$2,138
− Management
−$2,138
− Depreciation
−$6,106
Taxable income
$384
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$92
After-tax cash flow
$3,611/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

Price history

+230.6% since first listed
14 events — show timeline
  • 2026-05-07 Contingent SCMLS
  • 2026-04-22 Price Changed $209,900 SCMLS
  • 2026-03-16 Listed $225,000 SCMLS
  • 2024-07-19 Listing Removed SCMLS
  • 2024-05-20 Listed $240,000 SCMLS
  • 2024-03-20 Pending SCMLS
  • 2024-03-20 Listing Removed SCMLS
  • 2024-03-19 Listed $220,000 SCMLS
  • 2018-05-07 Sold (Public Records) $155,000 Public Records
  • 2018-05-03 Sold (MLS) $155,000 SCMLS
  • 2018-02-27 Listed $159,800 SCMLS
  • 2005-01-20 Sold (Public Records) $107,000 Public Records
  • 1999-01-25 Sold (Public Records) $70,000 Public Records
  • 1988-12-01 Sold (Public Records) $63,500 Public Records

Property tax history

-4.8%/yr

Latest (2025): $233 · +13.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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