10220 Andover Coach Cir Unit H2 · Lake Worth, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Schools +6.6/10.0
- Appreciation +4.7/10.0
- Condition / age +3.8/5.0
- Livability +3.4/5.0
- Rent growth +2.5/5.0
$175,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Light and Bright! Glass enclosed screened and covered patio. Silver Equity, with all of the country club amenities except golf. (pay less annually) Golf course and Lake views with large space between the buildings. This great room style home has removed the 1/2 wall for additional living space. (no arches) The primary bedroom, breakfast room and great room overlook the views surrounding this home. Glass enclosed petio keeps it insulated & clean from weather conditions all year long. Additional electrical outlets, recessed lighting, and paneled cabinets. GE profile appliances & tiled counters. Primary bedroom has 2 walk in closets, a large linen closet, and vaulted ceilings.
Key facts
- $1,159 HOA
- Garage
- Community pool
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath condo listed at $175k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $1k ($16k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($5k rent vs $175k).
- Recommended offer: $154k (12.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 67/100 on livability (#544 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B; Watch: amenities D+, crime F, commute F.
- Palm Beach (suburban): math 46% / reading 53% proficiency, ranked #34 of 73 in FL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Panther Run Elementary School (math 85% / reading 82%, grade A+, #60 of 2,144 statewide, top 3%, 787 students, 19% FRL); Polo Park Middle School (math 65% / reading 68%, grade A-, #84 of 571 statewide, top 16%, 1,156 students, 33% FRL); Palm Beach Central High School (math 42% / reading 55%, grade D, #198 of 667 statewide, top 30%, 2,980 students, 40% FRL) — zoned schools average 31% FRL vs 52% district-wide (21 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 66% at this address vs 50% district-wide (+17 pts) — the actual schools serving this property are materially stronger than the Palm Beach average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: 227 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 90d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 82% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
Forward outlook
- In year one you build about $29 of equity ($1k loan paydown + $-1k appreciation (-0.7% local appreciation)).
- Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-0.7% appreciation + 3.0% rent growth), your $49k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- It's been on market 139 days — a 12% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
- 10 sale attempts since 19y 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 $76k; list at $175k implies a 130% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: HOA is 26% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 139 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F 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?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 2.60% ✓
- Cap rate
- 15.63%
- Cash-on-cash
- 33.35%
- DSCR
- 2.48
- GRM
- 3.2
CMA / ARV
- ARV (median comp)
- $434,537
- List price
- $175,000
- Delta
- -59.73%
- Verdict
- UNDERPRICED
- Comps
- 16 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 4554 Carlton Golf Dr | 0.27mi | 3/2.0 | 1,890 (-9%) | 1mo | $390,000 | $206 | 72 |
| 10291 N Andover Coach Ln Unit B2 | 0.06mi | 3/2.0 | 1,700 (-18%) | 1mo | $125,000 | $74 | 71 |
| 8904 Sea Chase Dr | 1.46mi | 3/2.5 | 2,049 (-1%) | 1mo | $600,000 | $293 | 60 |
| 10850 Paso Fino Dr | 1.01mi | 4/2.5 (+1) | 2,044 (-1%) | 0mo | $700,000 | $342 | 56 |
| 8781 Corvus Dr | 1.37mi | 3/2.5 | 1,927 (-7%) | 1mo | $559,000 | $290 | 51 |
| 11121 Laurel Walk Rd | 1.05mi | 3/2.0 | 1,850 (-10%) | 0mo | $477,000 | $258 | 47 |
| 9604 Galata Tower Ln Unit 59 Ashby | 0.54mi | 4/3.0 (+1) | 2,334 (+13%) | 1mo | $902,880 | $387 | 44 |
| 10154 Clubhouse Turn Rd | 1.38mi | 4/2.5 (+1) | 1,906 (-8%) | 1mo | $630,000 | $331 | 44 |
| 4570 Hazleton Ln | 0.82mi | 3/2.5 | 2,297 (+11%) | 1mo | $500,000 | $218 | 44 |
| 9162 Winding Woods Dr | 1.10mi | 3/2.0 | 2,396 (+16%) | 0mo | $879,900 | $367 | 40 |
| 10342 Wellington Parc Dr | 0.81mi | 3/2.5 | 1,783 (-14%) | 1mo | $475,000 | $266 | 39 |
| 8599 Cypress Springs Rd | 1.40mi | 4/3.5 (+1) | 2,550 (+23%) | 1mo | $710,000 | $278 | 28 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-0.67% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 33.1%
- Equity multiple
- 2.57×
- Total profit
- $76,823
- Equity at exit
- $44,988
- IRR
- 37.4%
- Equity multiple
- 5.05×
- Total profit
- $198,343
- Equity at exit
- $49,623
Cash invested: $49,000 (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
Active competition Active MLS
- For sale now
- 1 active · 1 under contract
- Median asking
- $275,000 ($162/sqft)
- Median days on market
- 89 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- +30.0% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33449
- Home prices YoY
- -0.2%
- Active inventory
- 227
- Price-to-rent
- 3.2×
Monthly cashflow live
- Estimated rent
- $4,542 high interval (Pro) →
- Mortgage (P&I)
- −$918
- Tax from tax record
- −$77 /mo · $922/yr
- Insurance
- −$73
- HOA
- −$1,159
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$954
- Net cashflow
- $1,362
Break-even live
Sensitivity live
| Price | -10% $1,461 | -5% $1,411 | +0% $1,362 | +5% $1,312 | +10% $1,263 |
|---|---|---|---|---|---|
| Rent | -10% $1,003 | -5% $1,182 | +0% $1,362 | +5% $1,541 | +10% $1,720 |
| Rate | -1.0pp $1,450 | -0.5pp $1,406 | base $1,362 | +0.5pp $1,316 | +1.0pp $1,270 |
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
- $43,750
- Closing costs
- $5,250
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 10173 Andover Coach Cir Unit G2 Lake Worth, FL | 3.0 | 2.0 | 1807 | $3,500 | $1.94 | 120d | 1 | 0.05mi |
| 10303 Andover Coach Cir Unit A1 Wellington, FL | 2.0 | 2.0 | 1420 | $5,500 | $3.87 | 120d | 1 | 0.06mi |
| 4553 Barclay Fair Way Lake Worth, FL | 3.0 | 3.0 | 2278 | $4,000 | $1.76 | 120d | 1 | 0.20mi |
| 4553 Barclay Fair Way Lake Worth, FL | 3.0 | 3.0 | 2278 | $4,000 | $1.76 | 112d | 1 | 0.20mi |
| 4528 Barclay Fair Way Lake Worth, FL | 3.0 | 2.0 | 2147 | $8,000 | $3.73 | 94d | 1 | 0.20mi |
| 10336 Trianon Pl Wellington, FL | 4.0 | 4.0 | 2812 | $11,500 | $4.09 | 50d | 1 | 0.43mi |
| 4841 Exeter Estate Ln Lake Worth, FL | 3.0 | 3.0 | 2567 | $5,000 | $1.95 | 120d | 1 | 0.52mi |
| 10341 Medicis Pl Wellington, FL | 4.0 | 3.5 | 2465 | $3,800 | $1.54 | 42d | 1 | 0.69mi |
| 10139 Wellington Parc Dr Wellington, FL | 4.0 | 3.0 | 2076 | $3,795 | $1.83 | 83d | 1 | 0.72mi |
| 10415 Saint Germain Ct Wellington, FL | 4.0 | 3.5 | 2469 | $6,500 | $2.63 | 98d | 1 | 0.74mi |
| 10415 Saint Germain Ct Wellington, FL | 4.0 | 3.5 | 2469 | $6,500 | $2.63 | 117d | 1 | 0.74mi |
| 10415 Saint Germain Ct Wellington, FL | 4.0 | 3.5 | 2469 | $6,500 | $2.63 | 20d | 1 | 0.74mi |
| 10415 Saint Germain Ct Wellington, FL | 4.0 | 3.5 | 2469 | $6,500 | $2.63 | 6d | 1 | 0.74mi |
| 10283 Wellington Parc Dr Wellington, FL | 4.0 | 3.0 | 2076 | $3,600 | $1.73 | 82d | 1 | 0.76mi |
| 10283 Wellington Parc Dr Lake Worth, FL | 4.0 | 3.0 | 2076 | $3,600 | $1.73 | 120d | 1 | 0.76mi |
| 10385 Wellington Parc Dr Wellington, FL | 3.0 | 2.5 | 1783 | $3,250 | $1.82 | 83d | 1 | 0.77mi |
| 10457 Wellington Parc Dr Lake Worth, FL | 3.0 | 2.5 | 1688 | $3,200 | $1.90 | 120d | 1 | 0.78mi |
| 3470 Custer Ave Lake Worth, FL | 3.0 | 2.0 | 2040 | $4,500 | $2.21 | 120d | 1 | 0.80mi |
| 10426 Wellington Parc Dr Wellington, FL | 4.0 | 3.0 | 2076 | $3,595 | $1.73 | 20d | 1 | 0.81mi |
| 10426 Wellington Parc Dr Unit 1 Wellington, FL | 4.0 | 2.5 | 2587 | $3,595 | $1.39 | 18d | 1 | 0.81mi |
| 10348 Wellington Parc Dr Wellington, FL | 3.0 | 2.5 | 2060 | $3,300 | $1.60 | 83d | 1 | 0.81mi |
| 10450 Wellington Parc Dr Wellington, FL | 3.0 | 2.5 | 1983 | $3,350 | $1.69 | 120d | 1 | 0.81mi |
| 4173 Imperial Club Ln Lake Worth, FL | 3.0 | 2.5 | 1989 | $2,995 | $1.51 | 114d | 1 | 0.84mi |
| 4173 Imperial Club Ln Lake Worth, FL | 3.0 | 2.5 | 1989 | $2,995 | $1.51 | 61d | 1 | 0.84mi |
| 10640 Oak Meadow Ln Lake Worth, FL | 4.0 | 3.0 | 2727 | $6,500 | $2.38 | 0d | 1 | 0.84mi |
| 4378 Danielson Dr Lake Worth, FL | 3.0 | 2.0 | 2050 | $4,200 | $2.05 | 84d | 1 | 0.84mi |
| 4378 Danielson Dr Lake Worth, FL | 3.0 | 2.0 | 2050 | $3,500 | $1.71 | 36d | 1 | 0.84mi |
| 9676 Eagle Point Ln Lake Worth, FL | 4.0 | 3.0 | 2815 | $5,800 | $2.06 | 120d | 1 | 0.85mi |
| 10880 Northgreen Dr Lake Worth, FL | 3.0 | 3.5 | 2929 | $13,000 | $4.44 | 103d | 1 | 0.86mi |
| 3366 Harness Cir Lake Worth, FL | 3.0 | 2.0 | 2340 | $3,750 | $1.60 | 106d | 1 | 0.86mi |
| 10860 Fairmont Village Dr Lake Worth, FL | 3.0 | 3.0 | 2595 | $5,500 | $2.12 | 89d | 1 | 0.95mi |
| 10860 Fairmont Village Dr Lake Worth, FL | 3.0 | 3.0 | 2595 | $5,500 | $2.12 | 33d | 1 | 0.95mi |
| 11065 Stone Creek St Wellington, FL | 4.0 | 2.5 | 2478 | $4,300 | $1.74 | 11d | 1 | 0.96mi |
| 11065 Stone Creek St Wellington, FL | 4.0 | 2.5 | 2478 | $4,500 | $1.82 | 120d | 1 | 0.96mi |
| 11065 Stone Creek St Wellington, FL | 4.0 | 2.5 | 2476 | $4,500 | $1.82 | 62d | 1 | 0.96mi |
| 11065 Stone Creek St Wellington, FL | 4.0 | 2.5 | 2478 | $4,500 | $1.82 | 48d | 1 | 0.96mi |
| 9084 Silver Glen Way Lake Worth, FL | 3.0 | 2.0 | 1828 | $3,395 | $1.86 | 57d | 1 | 0.97mi |
| 3306 Fargo Ave Lake Worth, FL | 3.0 | 2.0 | 2370 | $5,500 | $2.32 | 120d | 1 | 0.98mi |
| 9242 Olmstead Dr Lake Worth, FL | 4.0 | 3.0 | 2535 | $7,500 | $2.96 | 20d | 1 | 1.01mi |
| 11137 Grandview Mnr Wellington, FL | 4.0 | 3.0 | 2194 | $9,500 | $4.33 | 112d | 1 | 1.05mi |
Property features AI
Finance
- Other
- Directions available to the community from major roads
- Financial info
- Monthly association fee is listed separately
- HOA & community
- Association managed by GRS Management and Wycliffe HOAMonthly HOA fee (amount listed separately)Association amenities include: clubhouse, fitness center, pool (heated), spa/hot tub, sauna, tennis courts, pickleball courts, basketball court, bocce ball, putting green, cabana, cafe/restaurant, business center, library, lobby, game room, management/manager on site, maintenance of grounds and structures, recreation facilities, sidewalks, internet included, security, and pool servicePets allowed with restrictions (breed, number, size limits; pet restrictions possible)Community contains a large number of units
Exterior
- Parking
- 2 total parking spacesAttached 1-car garageCovered parking spaceDriveway and on-street parking availableGarage door opener
- Security
- Gated community with guardSecurity system (owned)Security patrolFire alarmSmoke detectors
- Utilities
- Public waterPublic sewerCable connectedElectricity availablePhone connectedSewer connectedWater connectedUnderground utilities
- Home design
- CondominiumTwo storiesResale conditionFaces southwest
- Construction
- CBS constructionConcrete/flat/tile roof
- Exterior features
- Glass-enclosed patio/porchOn golf coursePrivate paved roadPrivate maintained roadWaterfront (no specific waterfront features listed)
Interior
- Kitchen
- DishwasherElectric rangeMicrowaveRefrigeratorDisposalElectric water heater
- Bedrooms
- 3 bedrooms on the main level
- Flooring
- CarpetCeramic tile
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central electric heatingCentral air conditioningCeiling fans
- Interior features
- Entrance foyerHigh ceilingsVaulted ceilingsWalk-in closetsSplit bedroom layoutCloset cabinetryUpstairs living areaIntercomUnfurnishedDrapes
- Laundry & utility
- Laundry closet inside the unit
HOA detail $1,159/mo · $13,908/yr condo
- Likely covers
- electric
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-23days on market $175,000 Active 139 DOM
-
2026-09-22days on market $175,000 Active 138 DOM
-
2026-09-21days on market $175,000 Active 137 DOM
-
2026-09-20days on market $175,000 Active 136 DOM
-
2026-09-18days on market $175,000 Active 134 DOM
-
2026-09-17days on market $175,000 Active 133 DOM
-
2026-09-16days on market $175,000 Active 132 DOM
-
2026-09-15days on market $175,000 Active 131 DOM
-
2026-09-13days on market $175,000 Active 129 DOM
-
2026-09-12days on market $175,000 Active 128 DOM
-
2026-09-11days on market $175,000 Active 127 DOM
-
2026-09-05days on market $175,000 Active 121 DOM
-
2026-09-04days on market $175,000 Active 120 DOM
-
2026-09-03days on market $175,000 Active 119 DOM
-
2026-08-31days on market $175,000 Active 116 DOM
-
2026-08-29days on market $175,000 Active 114 DOM
-
2026-08-28days on market $175,000 Active 113 DOM
-
2026-08-27days on market $175,000 Active 112 DOM
-
2026-08-25days on market $175,000 Active 110 DOM
-
2026-08-24days on market $175,000 Active 109 DOM
-
2026-08-23days on market $175,000 Active 108 DOM
-
2026-08-22days on market $175,000 Active 107 DOM
-
2026-08-21days on market $175,000 Active 106 DOM
-
2026-08-20days on market $175,000 Active 105 DOM
-
2026-08-19days on market $175,000 Active 104 DOM
-
2026-08-18days on market $175,000 Active 103 DOM
-
2026-08-17days on market $175,000 Active 102 DOM
-
2026-08-16days on market $175,000 Active 101 DOM
-
2026-08-15days on market $175,000 Active 100 DOM
-
2026-08-14days on market $175,000 Active 99 DOM
-
2026-08-13days on market $175,000 Active 98 DOM
-
2026-08-12days on market $175,000 Active 97 DOM
-
2026-08-11days on market $175,000 Active 96 DOM
-
2026-08-10days on market $175,000 Active 95 DOM
-
2026-08-09days on market $175,000 Active 94 DOM
-
2026-08-08days on market $175,000 Active 93 DOM
-
2026-08-06days on market $175,000 Active 91 DOM
-
2026-08-05days on market $175,000 Active 90 DOM
-
2026-08-03days on market $175,000 Active 88 DOM
-
2026-07-31days on market $175,000 Active 85 DOM
-
2026-07-26days on market $175,000 Active 80 DOM
-
2026-07-24days on market $175,000 Active 78 DOM
-
2026-07-23days on market $175,000 Active 77 DOM
-
2026-07-22days on market $175,000 Active 76 DOM
-
2026-07-21days on market $175,000 Active 75 DOM
-
2026-07-20days on market $175,000 Active 74 DOM
-
2026-07-18days on market $175,000 Active 72 DOM
-
2026-07-18days on market $175,000 Active 71 DOM
-
2026-07-16days on market $175,000 Active 70 DOM
-
2026-07-15days on market $175,000 Active 69 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
- $922 · $77/mo
- Projected year-2 tax
- $1,452 · $121/mo
- Expected delta
- +$530/yr (+$44/mo · 57.5%)
ⓘ 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 3/10 Moderate
- Heat 9/10 Extreme 7 d/yr ≥106°F today · 25 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 · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $54,503
- − Mortgage interest
- −$9,803
- − Property taxes
- −$922
- − Insurance
- −$875
- − Repairs & maintenance
- −$4,360
- − Management
- −$4,360
- − HOA
- −$13,908
- − Depreciation
- −$5,091
- Taxable income
- $15,184
- Est. tax owed @ 24.0%
- −$3,644
- After-tax cash flow
- $12,696/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.
Condition & rehab AI · 9 photos
This townhouse is in good condition with cosmetic updates, ready for a new owner or renter.
Components & finishes AI
Value-add opportunities
- Resale Paint exterior siding — Enhances curb appeal ↑
- Rental Trim landscaping — Improves curb appeal and enhances property value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Palm Beach
- NCES district ID
- 1201500
- Math proficiency
- 46% ▼ -16.00%
- Reading proficiency
- 53% ▼ -4.00%
- Median HH income
- $53,943
- Composite
- 42.72/100
- National rank
- #3160
- State rank
- #34 of 73 in FL
Livability — Lake Worth
- Score
- 67/100
- State rank
- #544
- US rank
- #10216
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Palm Beach · 1,637,487 people
- Metro
- Miami-Fort Lauderdale-West Palm Beach, FL
- Population (ZIP)
- 9,131
- Household income
- $149,159
- Rent vs Own
Population outlook (Palm Beach County) Hauer SSP2
- Today (2025)
- 1,637,487 people
- By 2030
- 1,743,255 · +6.5%
- By 2040
- 1,948,712 · +19.0%
- By 2050
- 2,132,979 · +30.3%
- By 2075
- 2,530,027 · +54.5%
- By 2100
- 2,706,979 · +65.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority White (65%)
- Race & ethnicity
- White 65% Hispanic / Latino 16% Black 14% Two or more races 7% Asian 4%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 3% Cuban 3% Salvadoran 2%
- Common ancestry
- Scotch-Irish 5% Romanian 4% Hispanic 3%
- Foreign-born
- 21% · Canada, Jamaica, Vietnam
- Languages at home
- 75% English-only · Spanish 12% French/Haitian/Cajun 4% Other Indo-European 3%
Political lean MEDSL · Palm Beach
- 2024 margin
- Toss-up / Even · D 50.0% · R 49.2%
- 2008→2024 swing
- -22.1pp toward R · 2008: 22.9pp · 2024: 0.8pp
- All cycles
- 2024: D+0.8 2020: D+12.8 2016: D+15.3 2012: D+17.0 2008: D+22.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -0.67%
- Current HPI
- 271.0184
- 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
-12.5% since first listed31 events — show timeline
- 2026-05-07 Listed $175,000 Beaches MLS
- 2025-05-17 Listing Removed — Beaches MLS
- 2025-04-06 Price Changed $245,000 Beaches MLS
- 2025-01-27 Price Changed $200,000 Beaches MLS
- 2024-12-03 Price Changed $235,000 Beaches MLS
- 2024-11-18 Listed $249,000 Beaches MLS
- 2024-06-25 Listing Removed — Beaches MLS
- 2023-12-29 Price Changed $275,000 Beaches MLS
- 2023-12-29 Relisted — Beaches MLS
- 2023-11-14 Listing Removed — Beaches MLS
- 2023-10-11 Price Changed $265,000 Beaches MLS
- 2023-05-29 Price Changed $275,000 Beaches MLS
- 2023-04-25 Price Changed $250,000 Beaches MLS
- 2023-03-22 Listed $285,000 Beaches MLS
- 2018-01-02 Sold (Public Records) $76,000 Public Records
- 2017-12-29 Sold (MLS) $76,000 Beaches MLS
- 2017-11-30 Price Changed $76,000 Beaches MLS
- 2017-05-22 Listed $81,000 Beaches MLS
- 2012-01-13 Sold (MLS) $64,000 Beaches MLS
- 2012-01-03 Listing Removed — Beaches MLS
- 2011-10-04 Listed $64,900 Beaches MLS
- 2011-08-13 Listing Removed — Beaches MLS
- 2010-09-13 Listed $110,000 Beaches MLS
- 2010-08-01 Listing Removed — Beaches MLS
- 2010-02-08 Listed $110,000 Beaches MLS
- 2009-12-28 Listing Removed — Beaches MLS
- 2009-01-11 Listed $199,000 Beaches MLS
- 2007-12-10 Sold (Public Records) $199,000 Public Records
- 2007-11-30 Sold (MLS) $199,000 Beaches MLS
- 2007-10-31 Listing Removed — Beaches MLS
- 2007-03-15 Listed $199,900 Beaches MLS
Property tax history
-5.1%/yrLatest (2025): $922 · +2.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…