27132 New Front St · Hilliard, FL 32046

$169,000

3 bd · 2.0 ba · 1,152 sqft · Manufactured public records · 18 Days on market

Built 1999 0.43 ac lot Est $175k · at est.

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Why this score? — see what drove the A- 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 +29.2/30.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• ARV discount +9.1/15.0
• 1% rule +7.4/10.0
• Schools +6.0/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

**HUGE BACKYARD**OPEN FLOOR PLAN**NEWER ROOF** Discover southern charm with this property in Hilliard! This 3 bed/2 bath home offers the desirable OPEN CONCEPT, perfect for time with friends and family. The home features a SPLIT BEDROOM FLOOR PLAN, providing privacy. Each bedroom has its own WALK IN CLOSET. The kitchen offers tons of counter space and plenty of cabinetry. The dining room has views of the COVERED PATIO and large backyard, which is perfect for enjoying outdoor living in sunny Florida! This property is near amazing schools such as the elementary school, middle-senior high school, the town pool and recreation center, as well as the town gym and skatepark. The property is located close to US Route 1, adding easy travel convenience. Don't miss out!

Key facts

• 0.43 acre lot
• Built 1999
• Listed 18 days

Property features AI

Finance

• Other: Furnished; Living area reported as 1,152 (owner provided); total building area 1,304 (public records)
• Financial info: Property is homesteaded
• HOA & community: No HOA

Exterior

• Parking: No parking details provided
• Utilities: Public water; Public sewer; Other utilities
• Home design: Residential manufactured home (double wide); Single-story; Faces west; Entry on one level
• Construction: Frame construction; Metal roof; Crawlspace foundation; Built as a double wide manufactured home
• Exterior features: Other exterior features; Paved road access; Lot dimensions approximately 75 x 125 (0.43 acres / ~0.25–0.5 acre)

Interior

• Kitchen: Convection oven; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Other interior features; 3 total rooms
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $169k.

Deal economics

• At list price, monthly cash flow is $590 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $169k).
• Recommended offer: $166k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.5% vs local median 2.0% in Hilliard — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 71/100 on livability (#382 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Nassau (town): math 74% / reading 65% proficiency, ranked #4 of 73 in FL (top 6%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 114 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 953 units permitted in Nassau County in 2024 (24 in 5+ unit buildings).

Forward outlook

• In year one you build about $18k of equity ($1k loan paydown + $17k appreciation (10.0% local appreciation)).
• Nassau County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $47k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$46k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 18 days — a 2% lower offer ($166k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 5y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $142k; 19% 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; severe wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $166,465 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
3. 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.
4. 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.
5. 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: 1.24% ✓
• Cap rate: 10.48%
• Cash-on-cash: 14.97%
• DSCR: 1.67
• GRM: 6.7

CMA / ARV

• ARV (on-the-fly): $175,104
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
27132 New Front St	0.00mi	3/2.0	1,152 (0%)	0mo	$175,000	$152	100

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 35.3%
• Equity multiple: 3.74×
• Total profit: $129,607
• Equity at exit: $152,249

10-year hold

• IRR: 30.4%
• Equity multiple: 8.44×
• Total profit: $352,049
• Equity at exit: $328,330

Cash invested: $47,320 (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 32046

• Home prices YoY: 22.6%
• Active inventory: 114
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $2,100 medium
• Mortgage (P&I): −$886
• Tax from tax record: −$112 /mo · $1,345/yr
• Insurance: −$70
• HOA: −$0
• Vacancy / Maint / Mgmt: −$441
• Net cashflow: $590

Break-even live

Break-even rent $1,353

Max offer price $169,000

Occupancy floor 67%

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: $42,250
• Closing costs: $5,070
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
27161 W 12th Ave Hilliard, FL	3.0	2.0	1408	$2,100	$1.49	43d	1	0.83mi

Listing history 32 events

1. 2026-05-02
   status Pending
2. 2026-04-28
   price $169,000
3. 2026-04-22
   price $168,000
4. 2026-04-14
   listed $169,000 Active
5. 2026-03-09
   historical 769-char remark

   Show marketing remark (769 chars)

   **HUGE BACKYARD**OPEN FLOOR PLAN**NEWER ROOF** Discover southern charm with this property in Hilliard! This 3 bed/2 bath home offers the desirable OPEN CONCEPT, perfect for time with friends and family. The home features a SPLIT BEDROOM FLOOR PLAN, providing privacy. Each bedroom has its own WALK IN CLOSET. The kitchen offers tons of counter space and plenty of cabinetry. The dining room has views of the COVERED PATIO and large backyard, which is perfect for enjoying outdoor living in sunny Florida! This property is near amazing schools such as the elementary school, middle-senior high school, the town pool and recreation center, as well as the town gym and skatepark. The property is located close to US Route 1, adding easy travel convenience. Don't miss out!

6. 2026-02-24
   status Active

   Show marketing remark (769 chars)

   **HUGE BACKYARD**OPEN FLOOR PLAN**NEWER ROOF** Discover southern charm with this property in Hilliard! This 3 bed/2 bath home offers the desirable OPEN CONCEPT, perfect for time with friends and family. The home features a SPLIT BEDROOM FLOOR PLAN, providing privacy. Each bedroom has its own WALK IN CLOSET. The kitchen offers tons of counter space and plenty of cabinetry. The dining room has views of the COVERED PATIO and large backyard, which is perfect for enjoying outdoor living in sunny Florida! This property is near amazing schools such as the elementary school, middle-senior high school, the town pool and recreation center, as well as the town gym and skatepark. The property is located close to US Route 1, adding easy travel convenience. Don't miss out!

7. 2026-02-24
   status Active 769-char remark

   Show marketing remark (769 chars)

   **HUGE BACKYARD**OPEN FLOOR PLAN**NEWER ROOF** Discover southern charm with this property in Hilliard! This 3 bed/2 bath home offers the desirable OPEN CONCEPT, perfect for time with friends and family. The home features a SPLIT BEDROOM FLOOR PLAN, providing privacy. Each bedroom has its own WALK IN CLOSET. The kitchen offers tons of counter space and plenty of cabinetry. The dining room has views of the COVERED PATIO and large backyard, which is perfect for enjoying outdoor living in sunny Florida! This property is near amazing schools such as the elementary school, middle-senior high school, the town pool and recreation center, as well as the town gym and skatepark. The property is located close to US Route 1, adding easy travel convenience. Don't miss out!

8. 2026-02-18
   status Pending
9. 2026-02-16
   historical Active Under Contract 769-char remark

   Show marketing remark (769 chars)

   **HUGE BACKYARD**OPEN FLOOR PLAN**NEWER ROOF** Discover southern charm with this property in Hilliard! This 3 bed/2 bath home offers the desirable OPEN CONCEPT, perfect for time with friends and family. The home features a SPLIT BEDROOM FLOOR PLAN, providing privacy. Each bedroom has its own WALK IN CLOSET. The kitchen offers tons of counter space and plenty of cabinetry. The dining room has views of the COVERED PATIO and large backyard, which is perfect for enjoying outdoor living in sunny Florida! This property is near amazing schools such as the elementary school, middle-senior high school, the town pool and recreation center, as well as the town gym and skatepark. The property is located close to US Route 1, adding easy travel convenience. Don't miss out!

10. 2026-02-10
    price $199,900

    Show marketing remark (769 chars)

    **HUGE BACKYARD**OPEN FLOOR PLAN**NEWER ROOF** Discover southern charm with this property in Hilliard! This 3 bed/2 bath home offers the desirable OPEN CONCEPT, perfect for time with friends and family. The home features a SPLIT BEDROOM FLOOR PLAN, providing privacy. Each bedroom has its own WALK IN CLOSET. The kitchen offers tons of counter space and plenty of cabinetry. The dining room has views of the COVERED PATIO and large backyard, which is perfect for enjoying outdoor living in sunny Florida! This property is near amazing schools such as the elementary school, middle-senior high school, the town pool and recreation center, as well as the town gym and skatepark. The property is located close to US Route 1, adding easy travel convenience. Don't miss out!

11. 2026-02-10
    price $199,900 769-char remark

    Show marketing remark (769 chars)

    **HUGE BACKYARD**OPEN FLOOR PLAN**NEWER ROOF** Discover southern charm with this property in Hilliard! This 3 bed/2 bath home offers the desirable OPEN CONCEPT, perfect for time with friends and family. The home features a SPLIT BEDROOM FLOOR PLAN, providing privacy. Each bedroom has its own WALK IN CLOSET. The kitchen offers tons of counter space and plenty of cabinetry. The dining room has views of the COVERED PATIO and large backyard, which is perfect for enjoying outdoor living in sunny Florida! This property is near amazing schools such as the elementary school, middle-senior high school, the town pool and recreation center, as well as the town gym and skatepark. The property is located close to US Route 1, adding easy travel convenience. Don't miss out!

12. 2026-01-14
    price $210,990

    Show marketing remark (769 chars)

    **HUGE BACKYARD**OPEN FLOOR PLAN**NEWER ROOF** Discover southern charm with this property in Hilliard! This 3 bed/2 bath home offers the desirable OPEN CONCEPT, perfect for time with friends and family. The home features a SPLIT BEDROOM FLOOR PLAN, providing privacy. Each bedroom has its own WALK IN CLOSET. The kitchen offers tons of counter space and plenty of cabinetry. The dining room has views of the COVERED PATIO and large backyard, which is perfect for enjoying outdoor living in sunny Florida! This property is near amazing schools such as the elementary school, middle-senior high school, the town pool and recreation center, as well as the town gym and skatepark. The property is located close to US Route 1, adding easy travel convenience. Don't miss out!

13. 2026-01-14
    price $210,990 769-char remark

    Show marketing remark (769 chars)

    **HUGE BACKYARD**OPEN FLOOR PLAN**NEWER ROOF** Discover southern charm with this property in Hilliard! This 3 bed/2 bath home offers the desirable OPEN CONCEPT, perfect for time with friends and family. The home features a SPLIT BEDROOM FLOOR PLAN, providing privacy. Each bedroom has its own WALK IN CLOSET. The kitchen offers tons of counter space and plenty of cabinetry. The dining room has views of the COVERED PATIO and large backyard, which is perfect for enjoying outdoor living in sunny Florida! This property is near amazing schools such as the elementary school, middle-senior high school, the town pool and recreation center, as well as the town gym and skatepark. The property is located close to US Route 1, adding easy travel convenience. Don't miss out!

14. 2025-12-10
    price $214,900

    Show marketing remark (769 chars)

    **HUGE BACKYARD**OPEN FLOOR PLAN**NEWER ROOF** Discover southern charm with this property in Hilliard! This 3 bed/2 bath home offers the desirable OPEN CONCEPT, perfect for time with friends and family. The home features a SPLIT BEDROOM FLOOR PLAN, providing privacy. Each bedroom has its own WALK IN CLOSET. The kitchen offers tons of counter space and plenty of cabinetry. The dining room has views of the COVERED PATIO and large backyard, which is perfect for enjoying outdoor living in sunny Florida! This property is near amazing schools such as the elementary school, middle-senior high school, the town pool and recreation center, as well as the town gym and skatepark. The property is located close to US Route 1, adding easy travel convenience. Don't miss out!

15. 2025-12-10
    price $214,900 769-char remark

    Show marketing remark (769 chars)

    **HUGE BACKYARD**OPEN FLOOR PLAN**NEWER ROOF** Discover southern charm with this property in Hilliard! This 3 bed/2 bath home offers the desirable OPEN CONCEPT, perfect for time with friends and family. The home features a SPLIT BEDROOM FLOOR PLAN, providing privacy. Each bedroom has its own WALK IN CLOSET. The kitchen offers tons of counter space and plenty of cabinetry. The dining room has views of the COVERED PATIO and large backyard, which is perfect for enjoying outdoor living in sunny Florida! This property is near amazing schools such as the elementary school, middle-senior high school, the town pool and recreation center, as well as the town gym and skatepark. The property is located close to US Route 1, adding easy travel convenience. Don't miss out!

16. 2025-11-26
    listed $220,000 Active 769-char remark

    Show marketing remark (769 chars)

    **HUGE BACKYARD**OPEN FLOOR PLAN**NEWER ROOF** Discover southern charm with this property in Hilliard! This 3 bed/2 bath home offers the desirable OPEN CONCEPT, perfect for time with friends and family. The home features a SPLIT BEDROOM FLOOR PLAN, providing privacy. Each bedroom has its own WALK IN CLOSET. The kitchen offers tons of counter space and plenty of cabinetry. The dining room has views of the COVERED PATIO and large backyard, which is perfect for enjoying outdoor living in sunny Florida! This property is near amazing schools such as the elementary school, middle-senior high school, the town pool and recreation center, as well as the town gym and skatepark. The property is located close to US Route 1, adding easy travel convenience. Don't miss out!

17. 2025-11-26
    listed $220,000 Active

    Show marketing remark (769 chars)

    **HUGE BACKYARD**OPEN FLOOR PLAN**NEWER ROOF** Discover southern charm with this property in Hilliard! This 3 bed/2 bath home offers the desirable OPEN CONCEPT, perfect for time with friends and family. The home features a SPLIT BEDROOM FLOOR PLAN, providing privacy. Each bedroom has its own WALK IN CLOSET. The kitchen offers tons of counter space and plenty of cabinetry. The dining room has views of the COVERED PATIO and large backyard, which is perfect for enjoying outdoor living in sunny Florida! This property is near amazing schools such as the elementary school, middle-senior high school, the town pool and recreation center, as well as the town gym and skatepark. The property is located close to US Route 1, adding easy travel convenience. Don't miss out!

18. 2025-11-04
    historical
19. 2025-09-10
    historical
20. 2025-09-09
    status Active
21. 2025-09-09
    listed $240,000 Active
22. 2025-09-08
    historical
23. 2025-08-20
    listed $240,000 Active
24. 2025-06-12
    listed $240,000 Active
25. 2025-05-22
    price $245,000
26. 2025-05-22
    price $245,000
27. 2025-03-19
    price $255,000
28. 2025-01-24
    listed $255,000 Active
29. 2024-11-26
    listed $265,000 Active
30. 2021-05-24
    soldstatus $142,000
31. 2021-05-05
    soldstatus $142,000
32. 2021-01-28
    listed $142,500

ⓘ 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: $1,345 · $112/mo
• Projected year-2 tax: $1,403 · $117/mo
• Expected delta: +$58/yr (+$5/mo · 4.3%)

ⓘ 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 8/10 Severe
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 6/10 Major 11 unhealthy d/yr today · 14 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,200
• − Mortgage interest: −$9,467
• − Property taxes: −$1,345
• − Insurance: −$845
• − Repairs & maintenance: −$2,016
• − Management: −$2,016
• − Depreciation: −$4,916
• Taxable income: $4,595
• Est. tax owed @ 24.0%: −$1,103
• After-tax cash flow: $5,980/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: Nassau
• NCES district ID: 1201350
• Math proficiency: 74% ▼ -2.00%
• Reading proficiency: 65% ▼ -2.00%
• Median HH income: $58,267
• Composite: 59.79/100
• National rank: #899
• State rank: #4 of 73 in FL

Livability — Hilliard

• Score: 71/100
• State rank: #382
• US rank: #6750

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hilliard, FL
• City population: 11,259
• Population (ZIP): 11,259

Population outlook (Nassau County) Hauer SSP2

• Today (2025): 88,419 people
• By 2030: 92,679 · +4.8%
• By 2040: 99,257 · +12.3%
• By 2050: 103,378 · +16.9%
• By 2075: 109,726 · +24.1%
• By 2100: 107,006 · +21.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Black 6% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Romanian 1% Slovak 1% Serbian 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Nassau

• 2024 margin: Solid R (+46.9) · D 26.1% · R 73.1%
• 2008→2024 swing: -3.1pp toward R · 2008: -43.8pp · 2024: -46.9pp
• All cycles: 2024: R+46.9 2020: R+45.9 2016: R+50.2 2012: R+48.6 2008: R+43.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 71.96%
• Current HPI: 390.7618
• 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

+18.6% since first listed

32 events — show timeline

• 2026-05-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-28 Price Changed $169,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-22 Price Changed $168,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-14 Listed $169,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-09 Listing Removed — realMLS
• 2026-02-24 Relisted — AINCAR
• 2026-02-24 Relisted — realMLS
• 2026-02-18 Pending — AINCAR
• 2026-02-16 Contingent — realMLS
• 2026-02-10 Price Changed $199,900 AINCAR
• 2026-02-10 Price Changed $199,900 realMLS
• 2026-01-14 Price Changed $210,990 AINCAR
• 2026-01-14 Price Changed $210,990 realMLS
• 2025-12-10 Price Changed $214,900 AINCAR
• 2025-12-10 Price Changed $214,900 realMLS
• 2025-11-26 Listed $220,000 realMLS
• 2025-11-26 Listed $220,000 AINCAR
• 2025-11-04 Listing Removed — realMLS
• 2025-09-10 Listing Removed — realMLS
• 2025-09-09 Relisted — realMLS
• 2025-09-09 Listed $240,000 realMLS
• 2025-09-08 Listing Removed — realMLS
• 2025-08-20 Listed $240,000 AINCAR
• 2025-06-12 Listed $240,000 AINCAR
• 2025-05-22 Price Changed $245,000 realMLS
• 2025-05-22 Price Changed $245,000 AINCAR
• 2025-03-19 Price Changed $255,000 AINCAR
• 2025-01-24 Listed $255,000 realMLS
• 2024-11-26 Listed $265,000 AINCAR
• 2021-05-24 Sold (Public Records) $142,000 Public Records
• 2021-05-05 Sold (MLS) $142,000 AINCAR
• 2021-01-28 Listed $142,500 AINCAR

Property tax history

+19.4%/yr

Latest (2025): $1,345 · +3.4% YoY. Source: county tax records.