1340 Barna Ave · Titusville, FL 32780

$119,900

2 bd · 2.0 ba · 1,080 sqft · SingleFamily public records · 1 Days on market

Built 1956 8,712 sqft lot ↓ 40% since listing

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Why this score? — see what drove the B- 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
• 1% rule +8.4/10.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Livability +4.2/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

One or more photo(s) has been virtually staged. INVESTOR SPECIAL! Whether you are a first-time home owner looking to add your own personal touch, or an experienced buyer looking for a home to add to your portfolio, 1340 Barna Ave is the ideal investment! Centrally located in Titusville, you are minutes away from US-1 and I-95 with easy access to the Florida East Coast. Additionally, you are less than 1 hour away from Downtown Orlando. This 2 bedroom, 2 bathroom house has the potential to be customized to fit your needs. Schools, gyms, grocery stores; everything is just a short drive away. Property being sold AS-IS. Seller has never occupied home therefore there are no disclosures available. Claims made in this listing are deemed correct by seller, but buyer understands it is their responsibility to confirm all info.

Key facts

• Flat rear yard
• Elevated lot
• Vaulted ceilings

Tags

• VAULTED CEILINGS
• ABUNDANCE OF WINDOWS
• ELEVATED LOT
• FLAT REAR YARD
• COVERED CARPORT WITH STORAGE

Property features AI

Exterior

• Parking: Attached carport (1 space)
• Utilities: Public sewer; Cable available
• Home design: Single family residence; Faces east; One story
• Construction: Block construction; Built area approximately 1,188; Living area approximately 1,080
• Exterior features: Paved road access; Lot described as 'Other'

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: One-level layout; Unfurnished

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $419 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).

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: Apollo Elementary School (math 47% / reading 51%, grade D, #1,134 of 2,144 statewide, top 54%, 730 students, 68% FRL); Andrew Jackson Middle School (math 52% / reading 47%, grade C, #259 of 571 statewide, top 46%, 551 students, 58% FRL); Titusville High School (math 33% / reading 52%, grade F, #264 of 667 statewide, top 41%, 1,314 students, 55% FRL) — zoned schools average 60% FRL vs 43% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.3%/yr); 462 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 $829 of loan paydown is wiped out by about $4k 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 + 1.3% rent growth), your $34k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 2y 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.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $119,900

Questions for the listing agent

1. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.34% ✓
• Cap rate: 10.48%
• Cash-on-cash: 14.97%
• DSCR: 1.67
• GRM: 6.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.29% rent growth · sell at horizon

5-year hold

• IRR: 3.6%
• Equity multiple: 1.14×
• Total profit: $4,568
• Equity at exit: $17,877

10-year hold

• IRR: 11.4%
• Equity multiple: 1.83×
• Total profit: $27,716
• Equity at exit: $10,367

Cash invested: $33,572 (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 32780

• Rents YoY: 1.3%
• Active inventory: 462
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,603 high
• Mortgage (P&I): −$629
• Tax from tax record: −$169 /mo · $2,030/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$337
• Net cashflow: $419

Break-even live

Break-even rent $1,073

Max offer price $119,900

Occupancy floor 69%

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: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Rent comps 32 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1640 Elizabeth Ave Titusville, FL	3.0	2.0	1319	$2,100	$1.59	23d	1	0.32mi
1023 S Park Ave Titusville, FL	2.0–3.0	2.0	1002	$1,210	$1.21	14d	1	0.39mi
1590 S Deleon Ave Titusville, FL	3.0	1.0	1072	$1,600	$1.49	23d	1	0.43mi
915 S Park Ave Titusville, FL	2.0	1.0	780	$1,150	$1.47	23d	1	0.44mi
933 Gibson St Titusville, FL	3.0	1.0	816	$1,275	$1.56	14d	1	0.47mi
1696 S Park Ave Titusville, FL	2.0	2.5	1300	$1,850	$1.42	23d	1	0.54mi
1588 South St Titusville, FL	2.0	1.0	860	$1,000	$1.16	23d	1	0.63mi
513 Warren St Unit 513 Titusville, FL	2.0	1.0	1410	$1,480	$1.05	23d	1	0.68mi
537 Rockpit Rd Titusville, FL	2.0	1.0	768	$1,050	$1.37	23d	1	0.73mi
500 Rockpit Rd Titusville, FL	2.0	1.0	700	$1,050	$1.50	23d	1	0.77mi
1735 Harrison St #231 Titusville, FL	2.0	2.0	915	$1,700	$1.86	19d	1	0.93mi
1428 Riverside Dr Titusville, FL	3.0	1.0	1412	$2,200	$1.56	23d	1	0.97mi
1710 S Washington Ave Unit 1 Titusville, FL	2.0	1.0	710	$1,250	$1.76	23d	1	1.00mi
1710 S Washington Ave #16 Titusville, FL	2.0	1.0	710	$1,100	$1.55	23d	1	1.00mi
1540 Riverside Dr #402 Titusville, FL	2.0	2.0	1120	$1,800	$1.61	23d	1	1.01mi
405 Dummitt Ave Titusville, FL	3.0	2.0	1320	$2,150	$1.63	21d	1	1.05mi
1825 Riverside Dr Titusville, FL	2.0	2.0	1201	$2,555	$2.13	14d	3	1.15mi
2408 Devonswood Rd Titusville, FL	3.0	2.0	1310	$2,100	$1.60	23d	1	1.21mi
3072 Finsterwald Dr Titusville, FL	1.0	1.0	750	$1,775	$2.37	23d	1	1.24mi
3136 Finsterwald Dr Titusville, FL	2.0	2.5	1280	$2,000	$1.56	23d	1	1.29mi
680 Birchwood Ln Titusville, FL	3.0	2.0	1440	$1,900	$1.32	23d	1	1.29mi
2965 La Cita Ln Titusville, FL	3.0	2.0	1456	$2,200	$1.51	14d	1	1.31mi
230 N Robbins Ave Titusville, FL	2.0	1.0	880	$1,100	$1.25	23d	1	1.32mi
102 S Christmas Hill Rd Titusville, FL	3.0	2.0	1304	$2,200	$1.69	23d	1	1.40mi
102 S Christmas Hill Rd Titusville, FL	3.0	2.0	1304	$2,300	$1.76	14d	1	1.40mi
2999 Sir Hamilton Cir #9 Titusville, FL	2.0	1.0	960	$1,250	$1.30	23d	1	1.42mi
1237 Country Club Dr Titusville, FL	2.0	2.0	970	$1,600	$1.65	23d	1	1.44mi
1209 Country Club Dr Titusville, FL	2.0	2.0	935	$1,700	$1.82	23d	1	1.44mi
3142 Sir Hamilton Cir Titusville, FL	1.0	1.0	736	$1,250	$1.70	23d	1	1.44mi
3147 Sir Hamilton Cir #10 Titusville, FL	2.0	1.0	960	$1,400	$1.46	23d	1	1.46mi
1099 Country Club Dr #811 Titusville, FL	2.0	2.0	940	$1,800	$1.91	23d	1	1.48mi
3119 Sir Hamilton Cir Titusville, FL	2.0	1.0	960	$1,250	$1.30	14d	1	1.49mi

Listing history 2 events

1. 2026-06-18
   remarks 505-char remark
2. 2026-06-18
   listed $119,900 Active 1 DOM

ⓘ 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: $2,030 · $169/mo
• Projected year-2 tax: $2,030 · $169/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 4/10 Moderate
• 🌡 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,241
• − Mortgage interest: −$6,716
• − Property taxes: −$2,030
• − Insurance: −$600
• − Repairs & maintenance: −$1,539
• − Management: −$1,539
• − Depreciation: −$3,488
• Taxable income: $3,329
• Est. tax owed @ 24.0%: −$799
• After-tax cash flow: $4,227/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): 40,064
• Household income: $67,690
• Rent vs Own: 28.2% rent · 71.8% own
• Severe rent burden: 1141.0

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 (70%)
• Race & ethnicity: White 70% Black 13% Hispanic / Latino 8% Two or more races 8% Asian 3%
• Hispanic origin (detail): Mexican 1% Puerto Rican 4% Cuban 1%
• Common ancestry: Romanian 2% Slovak 2% Lithuanian 2%
• Foreign-born: 8% · Canada, China
• Languages at home: 89% English-only · Spanish 6% Other Indo-European 1% German/W. Germanic 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: ▼ -162.54%
• Current HPI: 297.151
• Rent YoY: ▲ 1.29%
• 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

-40.1% since first listed

12 events — show timeline

• 2026-06-18 Listed $119,900 SCMLS
• 2024-08-07 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-07-29 Listed $190,000 Stellar MLS as Distributed by MLS Grid
• 2024-03-29 Sold (MLS) $142,000 Stellar MLS as Distributed by MLS Grid
• 2024-03-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-02-20 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-02-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-01-31 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-01-22 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-01-08 Listed $159,900 Stellar MLS as Distributed by MLS Grid
• 1978-05-01 Sold (Public Records) $22,000 Public Records
• 1977-06-01 Sold (Public Records) $200,000 Public Records

Property tax history

+38.4%/yr

Latest (2025): $2,030 · -2.4% YoY. Source: county tax records.