917 Cypress St · Micco, FL 32976

$169,900

2 bd · 2.0 ba · 1,604 sqft · Manufactured public records · 67 Days on market

Built 1987 7,405 sqft lot $83/mo HOA · 4% of rent

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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 +19.3/30.0
• ARV discount +7.5/15.0
• DSCR +6.1/10.0
• 1% rule +5.9/10.0
• Schools +4.7/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious double-wide in Barefoot Bay offering 1,604 sq ft of comfortable living on a spacious . 17-acre lot! This 2-bedroom, 2-bath home features a very open floor plan with kitchen island, and a mix of tile, vinyl, and carpet flooring. Enjoy both a living room and family room, plus convenient interior laundry. Step outside to a private concrete pad surrounded by lush vegetation, along with a raised open front porch and enclosed glass porch--perfect for year-round enjoyment. Additional highlights include a double driveway, 2-car carport, and large utility shed for extra storage. Located in the desirable Haven Green Pinewood section with access to Barefoot Bay amenities.

Key facts

• Open floor plan
• Private concrete pad
• Double driveway

Tags

• OPEN FLOOR PLAN
• KITCHEN ISLAND
• PRIVATE CONCRETE PAD
• RAISED OPEN FRONT PORCH
• ENCLOSED GLASS PORCH
• DOUBLE DRIVEWAY

Property features AI

Finance

• Other: Homestead exempt; No CDD; Lease restrictions: none reported
• Financial info: Total monthly fees approximately $83.42; Total annual fees approximately $1,001
• HOA & community: Monthly community/association fees reported

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public sewer; Water connected; Electricity connected; Cable available
• Home design: Manufactured double-wide home; Single-story; Faces west; Residential property
• Construction: Frame construction; Shingle roof; Slab foundation; Built on a 75 x 100 lot (approx. 0.17 acres)
• Exterior features: Awnings

Interior

• Kitchen: Built-in oven; Dishwasher; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Ceramic tile; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Ceiling fans; Open floor plan
• Laundry & utility: Inside laundry in a laundry closet

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $170k.

Deal economics

• At list price, monthly cash flow is $188 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $160k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#633 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment 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.
• Zoned schools: Sunrise Elementary School (math 52% / reading 57%, grade C, #892 of 2,144 statewide, top 44%, 759 students, 58% FRL); Southwest Middle School (math 40% / reading 39%, grade F, #373 of 571 statewide, top 66%, 920 students, 58% FRL); Bayside High School (math 27% / reading 40%, grade F, #400 of 667 statewide, top 61%, 1,854 students, 51% FRL).
• Zoned-school proficiency averages 42% at this address vs 55% district-wide (-12 pts) — the specific schools serving this property underperform the Brevard average; the district grade overstates school quality for this exact location.
• Market conditions: 186 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $1k of loan paydown is wiped out by about $5k 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 67 days — a 6% lower offer ($160k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 19y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $145k; 17% 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; 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 $159,706 (6.0% below list)

Questions for the listing agent

1. It's been on market 67 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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.
7. 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.
8. 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: 1.09% ✓
• Cap rate: 7.62%
• Cash-on-cash: 4.73%
• DSCR: 1.21
• GRM: 7.7

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: -8.9%
• Equity multiple: 0.67×
• Total profit: $-15,497
• Equity at exit: $25,333

10-year hold

• IRR: 0.7%
• Equity multiple: 1.05×
• Total profit: $2,246
• Equity at exit: $14,690

Cash invested: $47,572 (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 32976

• Home prices YoY: -18.6%
• Active inventory: 186
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,848 high
• Mortgage (P&I): −$891
• Tax from tax record: −$227 /mo · $2,727/yr
• Insurance: −$71
• HOA: −$83
• Vacancy / Maint / Mgmt: −$388
• Net cashflow: $188

Break-even live

Break-even rent $1,610

Max offer price $169,900

Occupancy floor 85%

Sensitivity live

Price	-10% $284	-5% $236	+0% $188	+5% $139	+10% $91
Rent	-10% $42	-5% $115	+0% $188	+5% $261	+10% $334
Rate	-1.0pp $273	-0.5pp $231	base $188	+0.5pp $144	+1.0pp $99

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
909 Sequoia St Sebastian, FL	2.0	2.0	1156	$1,845	$1.60	25d	1	0.19mi
805 Beech Ct Sebastian, FL	2.0	2.0	1556	$1,995	$1.28	25d	1	0.29mi
629 W Marlin Cir Unit NA Sebastian, FL	2.0	2.0	1104	$1,400	$1.27	16d	1	0.30mi
702 Lark Dr Sebastian, FL	3.0	2.0	1296	$1,775	$1.37	25d	1	0.43mi
904 Red Bud Rd Sebastian, FL	3.0	2.0	1278	$1,500	$1.17	25d	1	0.58mi
415 Plover Dr Sebastian, FL	3.0	2.0	1200	$2,400	$2.00	25d	1	0.60mi
621 Hyacinth Cir Sebastian, FL	2.0	2.0	1324	$1,850	$1.40	25d	1	0.63mi
830 Lychee Dr Sebastian, FL	2.0	2.0	1269	$2,000	$1.58	25d	1	0.64mi
1207 Marigold Dr Sebastian, FL	2.0	2.0	1104	$1,500	$1.36	25d	1	0.69mi
7606 Cedar Bark Rd Sebastian, FL	2.0	2.0	1273	$1,800	$1.41	25d	1	0.75mi
706 Hyacinth Cir Sebastian, FL	2.0	2.0	1062	$1,750	$1.65	25d	1	0.79mi
7419 Tourmaline Dr Unit Annual Grant-Valkaria, FL	3.0	2.0	1676	$2,200	$1.31	25d	1	0.82mi
7349 Tourmaline Dr Grant, FL	3.0	2.0	1735	$2,200	$1.27	25d	1	0.90mi
1112 Pocatella Dr Sebastian, FL	2.0	2.0	1370	$1,900	$1.39	25d	1	1.08mi
7181 Blue Shore Rd Grant, FL	3.0	2.0	1598	$1,995	$1.25	25d	1	1.17mi
1315 Barefoot Cir Sebastian, FL	2.0	2.0	1167	$2,300	$1.97	25d	1	1.23mi
8520 US Highway 1 Unit D5 Sebastian, FL	2.0	2.0	1533	$1,250	$0.82	16d	1	1.34mi
8520 US Highway 1 #10 Sebastian, FL	2.0	2.0	1091	$1,800	$1.65	25d	1	1.34mi

HOA detail

• Monthly dues: $83 · $996/yr

Listing history 39 events

1. 2026-06-03
   remarks 699-char remark
2. 2026-06-03
   statusdays on market $169,900 Pending 67 DOM
3. 2026-06-02
   days on market $169,900 Active 66 DOM
4. 2026-06-01
   days on market $169,900 Active 65 DOM
5. 2026-05-31
   days on market $169,900 Active 64 DOM
6. 2026-05-31
   days on market $169,900 Active 63 DOM
7. 2026-05-21
   price $152,000 678-char remark

   Show marketing remark (678 chars)

   Spacious double-wide in Barefoot Bay offering 1,604 sq ft of comfortable living on a spacious . 17-acre lot! This 2-bedroom, 2-bath home features a very open floor plan with kitchen island, and a mix of tile, vinyl, and carpet flooring. Enjoy both a living room and family room, plus convenient interior laundry. Step outside to a private concrete pad surrounded by lush vegetation, along with a raised open front porch and enclosed glass porch--perfect for year-round enjoyment. Additional highlights include a double driveway, 2-car carport, and large utility shed for extra storage. Located in the desirable Haven Green Pinewood section with access to Barefoot Bay amenities.

8. 2026-05-19
   price $169,500 678-char remark

   Show marketing remark (678 chars)

   Spacious double-wide in Barefoot Bay offering 1,604 sq ft of comfortable living on a spacious . 17-acre lot! This 2-bedroom, 2-bath home features a very open floor plan with kitchen island, and a mix of tile, vinyl, and carpet flooring. Enjoy both a living room and family room, plus convenient interior laundry. Step outside to a private concrete pad surrounded by lush vegetation, along with a raised open front porch and enclosed glass porch--perfect for year-round enjoyment. Additional highlights include a double driveway, 2-car carport, and large utility shed for extra storage. Located in the desirable Haven Green Pinewood section with access to Barefoot Bay amenities.

9. 2026-04-28
   status Active 678-char remark

   Show marketing remark (678 chars)

   Spacious double-wide in Barefoot Bay offering 1,604 sq ft of comfortable living on a spacious . 17-acre lot! This 2-bedroom, 2-bath home features a very open floor plan with kitchen island, and a mix of tile, vinyl, and carpet flooring. Enjoy both a living room and family room, plus convenient interior laundry. Step outside to a private concrete pad surrounded by lush vegetation, along with a raised open front porch and enclosed glass porch--perfect for year-round enjoyment. Additional highlights include a double driveway, 2-car carport, and large utility shed for extra storage. Located in the desirable Haven Green Pinewood section with access to Barefoot Bay amenities.

10. 2026-04-21
    historical 678-char remark

    Show marketing remark (678 chars)

    Spacious double-wide in Barefoot Bay offering 1,604 sq ft of comfortable living on a spacious . 17-acre lot! This 2-bedroom, 2-bath home features a very open floor plan with kitchen island, and a mix of tile, vinyl, and carpet flooring. Enjoy both a living room and family room, plus convenient interior laundry. Step outside to a private concrete pad surrounded by lush vegetation, along with a raised open front porch and enclosed glass porch--perfect for year-round enjoyment. Additional highlights include a double driveway, 2-car carport, and large utility shed for extra storage. Located in the desirable Haven Green Pinewood section with access to Barefoot Bay amenities.

11. 2026-04-04
    price $169,900

    Show marketing remark (678 chars)

    Spacious double-wide in Barefoot Bay offering 1,604 sq ft of comfortable living on a spacious . 17-acre lot! This 2-bedroom, 2-bath home features a very open floor plan with kitchen island, and a mix of tile, vinyl, and carpet flooring. Enjoy both a living room and family room, plus convenient interior laundry. Step outside to a private concrete pad surrounded by lush vegetation, along with a raised open front porch and enclosed glass porch--perfect for year-round enjoyment. Additional highlights include a double driveway, 2-car carport, and large utility shed for extra storage. Located in the desirable Haven Green Pinewood section with access to Barefoot Bay amenities.

12. 2026-04-04
    price $169,900 678-char remark

    Show marketing remark (678 chars)

    Spacious double-wide in Barefoot Bay offering 1,604 sq ft of comfortable living on a spacious . 17-acre lot! This 2-bedroom, 2-bath home features a very open floor plan with kitchen island, and a mix of tile, vinyl, and carpet flooring. Enjoy both a living room and family room, plus convenient interior laundry. Step outside to a private concrete pad surrounded by lush vegetation, along with a raised open front porch and enclosed glass porch--perfect for year-round enjoyment. Additional highlights include a double driveway, 2-car carport, and large utility shed for extra storage. Located in the desirable Haven Green Pinewood section with access to Barefoot Bay amenities.

13. 2026-03-28
    listed $179,900 Active
14. 2026-03-26
    listed $179,900 Active 678-char remark

    Show marketing remark (678 chars)

    Spacious double-wide in Barefoot Bay offering 1,604 sq ft of comfortable living on a spacious . 17-acre lot! This 2-bedroom, 2-bath home features a very open floor plan with kitchen island, and a mix of tile, vinyl, and carpet flooring. Enjoy both a living room and family room, plus convenient interior laundry. Step outside to a private concrete pad surrounded by lush vegetation, along with a raised open front porch and enclosed glass porch--perfect for year-round enjoyment. Additional highlights include a double driveway, 2-car carport, and large utility shed for extra storage. Located in the desirable Haven Green Pinewood section with access to Barefoot Bay amenities.

15. 2020-01-14
    soldstatus $145,000
16. 2020-01-09
    soldstatus $145,000 642-char remark

    Show marketing remark (642 chars)

    WOW! Can you believe this price reduction?Gorgeous 1987 double wide home offers: Concrete pad surrounded by vegetation for privacy, updated kitchen/bathrooms, Tile/vinyl/new carpet flooring, newer windows, island kitchen, family/living room, interior laundry, double driveway, huge utility shed, larger lot location, newer roof, newer ac, raised open porch, raised ac glass porch, newer appliances, and so much more! Barefoot Bay Recreation District fees $802.50 1x@closing & $792 incorporated into annual property tax bill for public maintenance fee. Come see this home and all that it offers. .. .curtains/rods do not convey w/ home.

17. 2019-08-19
    listed $149,900 642-char remark

    Show marketing remark (642 chars)

    WOW! Can you believe this price reduction?Gorgeous 1987 double wide home offers: Concrete pad surrounded by vegetation for privacy, updated kitchen/bathrooms, Tile/vinyl/new carpet flooring, newer windows, island kitchen, family/living room, interior laundry, double driveway, huge utility shed, larger lot location, newer roof, newer ac, raised open porch, raised ac glass porch, newer appliances, and so much more! Barefoot Bay Recreation District fees $802.50 1x@closing & $792 incorporated into annual property tax bill for public maintenance fee. Come see this home and all that it offers. .. .curtains/rods do not convey w/ home.

18. 2019-08-15
    historical
19. 2019-06-11
    listed $174,900
20. 2016-08-16
    historical
21. 2015-11-09
    soldstatus $105,000
22. 2015-11-05
    soldstatus $105,000
23. 2015-09-11
    listed $109,900
24. 2012-06-29
    soldstatus $76,000
25. 2012-06-26
    soldstatus $76,000
26. 2012-06-26
    soldstatus $76,000
27. 2012-06-26
    soldstatus $76,000
28. 2012-05-15
    historical
29. 2012-05-03
    listed $79,500
30. 2012-05-03
    listed $79,500
31. 2012-05-03
    listed $79,500
32. 2011-01-20
    listed $74,900
33. 2008-09-16
    soldstatus $73,000
34. 2008-09-10
    soldstatus $73,000
35. 2008-09-10
    soldstatus $73,000
36. 2008-09-02
    historical
37. 2007-07-31
    listed $83,000
38. 2007-07-24
    listed $83,000
39. 1987-05-01
    soldstatus $67,900

ⓘ 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: $2,727 · $227/mo
• Projected year-2 tax: $2,727 · $227/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 ≥106°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: $22,171
• − Mortgage interest: −$9,517
• − Property taxes: −$2,727
• − Insurance: −$850
• − Repairs & maintenance: −$1,774
• − Management: −$1,774
• − HOA: −$996
• − Depreciation: −$4,943
• Taxable loss: −$409
• Est. tax savings @ 24.0%: +$98
• After-tax cash flow: $2,349/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 — Micco

• Score: 65/100
• State rank: #633
• US rank: #12408

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Micco, FL
• Population (ZIP): 9,237

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 (93%)
• Race & ethnicity: White 93% Hispanic / Latino 4% Two or more races 1% Asian 1%
• Common ancestry: Lithuanian 5% Romanian 4% Iranian 2%
• Foreign-born: 4% · Canada, Jamaica
• Languages at home: 95% English-only · Spanish 3%

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: ▼ -73.57%
• Current HPI: 321.5196
• 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+123.9% since first listed

33 events — show timeline

• 2026-05-21 Price Changed $152,000 SCMLS
• 2026-05-19 Price Changed $169,500 SCMLS
• 2026-04-28 Relisted — SCMLS
• 2026-04-21 Listing Removed — SCMLS
• 2026-04-04 Price Changed $169,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-04 Price Changed $169,900 SCMLS
• 2026-03-28 Listed $179,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-26 Listed $179,900 SCMLS
• 2020-01-14 Sold (Public Records) $145,000 Public Records
• 2020-01-09 Sold (MLS) $145,000 SCMLS
• 2019-08-19 Listed $149,900 SCMLS
• 2019-08-15 Listing Removed — SCMLS
• 2019-06-11 Listed $174,900 SCMLS
• 2016-08-16 Listing Removed — SCMLS
• 2015-11-09 Sold (Public Records) $105,000 Public Records
• 2015-11-05 Sold (MLS) $105,000 SCMLS
• 2015-09-11 Listed $109,900 SCMLS
• 2012-06-29 Sold (Public Records) $76,000 Public Records
• 2012-06-26 Sold (MLS) $76,000 RAIRCMLS
• 2012-06-26 Sold (MLS) $76,000 SCMLS
• 2012-06-26 Sold (MLS) $76,000 Beaches MLS
• 2012-05-15 Listing Removed — Beaches MLS
• 2012-05-03 Listed $79,500 RAIRCMLS
• 2012-05-03 Listed $79,500 SCMLS
• 2012-05-03 Listed $79,500 Beaches MLS
• 2011-01-20 Listed $74,900 SCMLS
• 2008-09-16 Sold (Public Records) $73,000 Public Records
• 2008-09-10 Sold (MLS) $73,000 SCMLS
• 2008-09-10 Sold (MLS) $73,000 Beaches MLS
• 2008-09-02 Listing Removed — Beaches MLS
• 2007-07-31 Listed $83,000 Beaches MLS
• 2007-07-24 Listed $83,000 SCMLS
• 1987-05-01 Sold (Public Records) $67,900 Public Records

Property tax history

+11.7%/yr

Latest (2025): $2,727 · +5.8% YoY. Source: county tax records.