4461 Longbow Dr · Mims, FL 32796

$266,000

4 bd · 2.0 ba · 1,965 sqft · SingleFamily public records · 108 Days on market

Built 1973 0.29 ac lot

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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 +13.9/30.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• DSCR +4.2/10.0
• 1% rule +4.0/10.0
• Livability +3.1/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor's dream in a peaceful, quiet neighborhood! This charming property offers incredible potential with a newer roof (2025) and updated AC (2020). While it could use a little cosmetic TLC, the bones are solid and the layout is inviting. Inside, you'll find spacious rooms bathed in natural light, creating a warm and welcoming atmosphere. The versatile back room is perfect for entertaining, hosting game nights, or relaxing with family. Step outside to a generously sized backyard brimming with possibilities—ideal for gardening, outdoor living, or future expansion. Whether you're looking to renovate and flip or create a cozy family haven, this home is a canvas waiting for your vision. Don't miss out on this opportunity to invest in a property with great upside in a desirable location!

Key facts

• Near schools
• Near dining
• Near shopping

Tags

• LARGE KITCHEN
• STAINLESS STEEL APPLIANCES
• LARGE BACK YARD
• NEAR SHOPPING
• NEAR DINING
• NEAR SCHOOLS

Property features AI

Exterior

• Parking: Attached garage with 2 spaces
• Utilities: Public sewer; Cable available; Electricity available; Water available
• Home design: Single Family Residence; One story; North-facing
• Construction: Block and stucco construction
• Exterior features: Shingle roof; Lot listed as other features; Lot size approximately 0.29 acres

Interior

• Kitchen: Appliances: Other
• Bedrooms: 4 bedrooms
• Flooring: Carpet; Concrete; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Unfurnished; Laundry area located in the garage
• Laundry & utility: Washer/Dryer space in garage

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $266k.

Deal economics

• At list price, monthly cash flow is $28 ($342/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $240k (9.7% below list).
• Recommended offer: $240k (9.7% below list) — sets the bar for 1% rule.

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: amenities F, commute F, employment 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: Mims Elementary School (math 42% / reading 47%, grade F, #1,288 of 2,144 statewide, top 62%, 462 students, 80% 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 65% FRL vs 43% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 39% at this address vs 55% district-wide (-16 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; 259 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
• This rent runs 43% 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 $2k of loan paydown is wiped out by about $8k 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 108 days — a 9% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 9y ago; this cycle's ask has dropped $38k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $240,207 (9.7% below list)

Questions for the listing agent

1. It's been on market 108 days. Have you received any prior offers? Is the seller open to a 10% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 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?
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: 0.90% ✗
• Cap rate: 6.42%
• Cash-on-cash: 0.46%
• DSCR: 1.02
• GRM: 9.2

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: -18.3%
• Equity multiple: 0.37×
• Total profit: $-46,922
• Equity at exit: $39,661

10-year hold

• IRR: -16.4%
• Equity multiple: 0.19×
• Total profit: $-60,537
• Equity at exit: $22,999

Cash invested: $74,480 (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 32796

• Rents YoY: 0.6%
• Active inventory: 259
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $2,402 medium
• Mortgage (P&I): −$1,395
• Tax from tax record: −$363 /mo · $4,361/yr
• Insurance: −$111
• HOA: −$0
• Vacancy / Maint / Mgmt: −$504
• Net cashflow: $28

Break-even live

Break-even rent $2,366

Max offer price $266,000

Occupancy floor 94%

Sensitivity live

Price	-10% $179	-5% $104	+0% $28	+5% $-47	+10% $-122
Rent	-10% $-161	-5% $-66	+0% $28	+5% $123	+10% $218
Rate	-1.0pp $162	-0.5pp $96	base $28	+0.5pp $-40	+1.0pp $-111

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: $66,500
• Closing costs: $7,980
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1539 Lafayette Ave Titusville, FL	3.0	2.0	1457	$2,260	$1.55	16d	1	1.21mi
1580 Liberty Tree Rd Titusville, FL	3.0	2.0	1458	$2,145	$1.47	16d	1	1.29mi

Listing history 32 events

1. 2026-06-22
   days on market $266,000 Active 108 DOM
2. 2026-06-18
   days on market $266,000 Active 105 DOM
3. 2026-06-17
   days on market $266,000 Active 104 DOM
4. 2026-06-16
   days on market $266,000 Active 103 DOM
5. 2026-06-15
   days on market $266,000 Active 102 DOM
6. 2026-06-14
   pricedays on market $266,000 Active 100 DOM
7. 2026-06-10
   days on market $279,000 Active 97 DOM
8. 2026-06-08
   days on market $279,000 Active 95 DOM
9. 2026-06-07
   days on market $279,000 Active 94 DOM
10. 2026-06-05
    days on market $279,000 Active 91 DOM
11. 2026-06-03
    days on market $279,000 Active 90 DOM
12. 2026-06-02
    days on market $279,000 Active 89 DOM
13. 2026-06-01
    days on market $279,000 Active 88 DOM
14. 2026-05-31
    days on market $279,000 Active 87 DOM
15. 2026-05-31
    days on market $279,000 Active 86 DOM
16. 2026-05-07
    price $279,000
17. 2026-04-08
    price $295,000
18. 2026-03-05
    listed $304,000 Active
19. 2025-12-15
    historical 801-char remark

    Show marketing remark (801 chars)

    Investor's dream in a peaceful, quiet neighborhood! This charming property offers incredible potential with a newer roof (2025) and updated AC (2020). While it could use a little cosmetic TLC, the bones are solid and the layout is inviting. Inside, you'll find spacious rooms bathed in natural light, creating a warm and welcoming atmosphere. The versatile back room is perfect for entertaining, hosting game nights, or relaxing with family. Step outside to a generously sized backyard brimming with possibilities—ideal for gardening, outdoor living, or future expansion. Whether you're looking to renovate and flip or create a cozy family haven, this home is a canvas waiting for your vision. Don't miss out on this opportunity to invest in a property with great upside in a desirable location!

20. 2025-12-05
    price $329,000 801-char remark

    Show marketing remark (801 chars)

    Investor's dream in a peaceful, quiet neighborhood! This charming property offers incredible potential with a newer roof (2025) and updated AC (2020). While it could use a little cosmetic TLC, the bones are solid and the layout is inviting. Inside, you'll find spacious rooms bathed in natural light, creating a warm and welcoming atmosphere. The versatile back room is perfect for entertaining, hosting game nights, or relaxing with family. Step outside to a generously sized backyard brimming with possibilities—ideal for gardening, outdoor living, or future expansion. Whether you're looking to renovate and flip or create a cozy family haven, this home is a canvas waiting for your vision. Don't miss out on this opportunity to invest in a property with great upside in a desirable location!

21. 2025-11-15
    price $339,000 801-char remark

    Show marketing remark (801 chars)

    Investor's dream in a peaceful, quiet neighborhood! This charming property offers incredible potential with a newer roof (2025) and updated AC (2020). While it could use a little cosmetic TLC, the bones are solid and the layout is inviting. Inside, you'll find spacious rooms bathed in natural light, creating a warm and welcoming atmosphere. The versatile back room is perfect for entertaining, hosting game nights, or relaxing with family. Step outside to a generously sized backyard brimming with possibilities—ideal for gardening, outdoor living, or future expansion. Whether you're looking to renovate and flip or create a cozy family haven, this home is a canvas waiting for your vision. Don't miss out on this opportunity to invest in a property with great upside in a desirable location!

22. 2025-11-05
    listed $349,000 Active 801-char remark

    Show marketing remark (801 chars)

    Investor's dream in a peaceful, quiet neighborhood! This charming property offers incredible potential with a newer roof (2025) and updated AC (2020). While it could use a little cosmetic TLC, the bones are solid and the layout is inviting. Inside, you'll find spacious rooms bathed in natural light, creating a warm and welcoming atmosphere. The versatile back room is perfect for entertaining, hosting game nights, or relaxing with family. Step outside to a generously sized backyard brimming with possibilities—ideal for gardening, outdoor living, or future expansion. Whether you're looking to renovate and flip or create a cozy family haven, this home is a canvas waiting for your vision. Don't miss out on this opportunity to invest in a property with great upside in a desirable location!

23. 2019-08-23
    soldstatus $239,900
24. 2019-08-21
    soldstatus $239,900 692-char remark

    Show marketing remark (692 chars)

    Bright and spacious 4 bed 2 bath home located in Sherwood Forest. Formal living room and formal dining room. Large kitchen complete with wood cabinets and stainless steel appliances. Updated windows throughout the home. Both bathrooms have been updated with granite vanities and tiled showers. Beautiful tile flooring throughout most of the home. This home has been very well maintained. The three spare bedrooms are very spacious and bright as well. Large master bedroom. Fully fenced in yard large enough for a pool. Spacious two car garage complete with an air conditioned storage room as well. RV/Boat parking. Come take a look at this beautiful home today, you will not be disappointed!

25. 2019-07-13
    listed $239,900 692-char remark

    Show marketing remark (692 chars)

    Bright and spacious 4 bed 2 bath home located in Sherwood Forest. Formal living room and formal dining room. Large kitchen complete with wood cabinets and stainless steel appliances. Updated windows throughout the home. Both bathrooms have been updated with granite vanities and tiled showers. Beautiful tile flooring throughout most of the home. This home has been very well maintained. The three spare bedrooms are very spacious and bright as well. Large master bedroom. Fully fenced in yard large enough for a pool. Spacious two car garage complete with an air conditioned storage room as well. RV/Boat parking. Come take a look at this beautiful home today, you will not be disappointed!

26. 2019-07-09
    historical
27. 2019-07-01
    listed $249,500
28. 2017-07-20
    soldstatus $205,000
29. 2017-07-18
    soldstatus $205,000
30. 2017-05-08
    listed $210,000
31. 2005-02-15
    soldstatus $125,000
32. 1974-05-01
    soldstatus $42,500

ⓘ 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: $4,361 · $363/mo
• Projected year-2 tax: $4,361 · $363/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 5/10 Major FEMA zone X (unshaded) · 66% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 22 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

Taxation est. · year 1

• Rental income: $28,825
• − Mortgage interest: −$14,900
• − Property taxes: −$4,361
• − Insurance: −$1,330
• − Repairs & maintenance: −$2,306
• − Management: −$2,306
• − Depreciation: −$7,738
• Taxable loss: −$4,116
• Est. tax savings @ 24.0%: +$988
• After-tax cash flow: $1,330/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

• County: Brevard County · 602,871 people
• 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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+556.5% since first listed

17 events — show timeline

• 2026-05-07 Price Changed $279,000 SCMLS
• 2026-04-08 Price Changed $295,000 SCMLS
• 2026-03-05 Listed $304,000 SCMLS
• 2025-12-15 Listing Removed — SCMLS
• 2025-12-05 Price Changed $329,000 SCMLS
• 2025-11-15 Price Changed $339,000 SCMLS
• 2025-11-05 Listed $349,000 SCMLS
• 2019-08-23 Sold (Public Records) $239,900 Public Records
• 2019-08-21 Sold (MLS) $239,900 SCMLS
• 2019-07-13 Listed $239,900 SCMLS
• 2019-07-09 Listing Removed — SCMLS
• 2019-07-01 Listed $249,500 SCMLS
• 2017-07-20 Sold (Public Records) $205,000 Public Records
• 2017-07-18 Sold (MLS) $205,000 SCMLS
• 2017-05-08 Listed $210,000 SCMLS
• 2005-02-15 Sold (Public Records) $125,000 Public Records
• 1974-05-01 Sold (Public Records) $42,500 Public Records

Property tax history

+11.9%/yr

Latest (2025): $4,361 · +4.7% YoY. Source: county tax records.