6260 S Falls Circle Dr #206 · Lauderhill, FL
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
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).
- 1% rule +10.0/10.0
- Cash flow +9.0/30.0
- ARV discount +7.5/15.0
- Schools +4.1/10.0
- Livability +4.0/5.0
- DSCR +2.5/10.0
- Condition / age +2.5/5.0
- Rent growth +2.2/5.0
- Appreciation +0.0/10.0
$85,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
This large 925 sq. ft. condominium consists of a 1-bed, 1-bath, 1 1/2-bath and boasts spacious views of the golf course in the wonderful gated community of the Falls of Inverrary. The home is upgraded with new flooring, central heating and air conditioning and hot water heater. It is bright and inviting with large walk-in closets and a private balcony with direct views of the golf course. Enjoy the community in a quiet setting with walking paths and beautifully maintained grounds, all in a desirable location in close proximity to shopping, and dining. A fantastic opportunity to make it your own at an unbeatable price!
Key facts
- $727 HOA
- Built 1973
- Listed 34 days
Property features AI
Finance
- HOA & community: Monthly HOA fee; Association amenities include jogging path and bike storage; HOA pays water and pest control
Exterior
- Parking: Assigned parking
- Security: Security fence
- Utilities: Water service included in association; Has heating and cooling (central systems)
- Home design: Condominium; Resale; 4-story building
- Construction: Block construction
- Exterior features: Screened porch; Fenced yard; Not waterfront
Interior
- Kitchen: Disposal; Dishwasher; Electric range; Microwave; Refrigerator
- Bedrooms: 1 bedroom on the main level
- Flooring: Other flooring
- Bathrooms: 1 full bathroom; 1 half bathroom
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Accessible elevator installed; Security fence
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/2.0-bath condo listed at $85k.
Deal economics
- At list price, monthly cash flow is $-67 ($-805/yr) — negative.
- To cash-flow at today's rent, offer at most $73k (13.9% below list).
- Meets the 1% rule at list price ($2k rent vs $85k).
- Recommended offer: $73k (13.9% below list) — sets the bar for cash-flow.
- Cap rate 5.3% vs local median 4.3% in Lauderhill — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 79/100 on livability (#139 in FL, #2,059 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D, amenities F.
- Broward (suburban): math 42% / reading 53% proficiency, ranked #46 of 73 in FL (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Park Lakes Elementary School (math 35% / reading 44%, grade F, #1,513 of 2,144 statewide, top 73%, 970 students, 82% FRL); Lauderdale Lakes Middle School (math 21% / reading 26%, grade F, #536 of 571 statewide, top 95%, 816 students, 79% FRL); Piper High School (math 12% / reading 35%, grade F, #533 of 667 statewide, top 80%, 2,310 students, 65% FRL) — zoned schools average 75% FRL vs 51% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 29% at this address vs 48% district-wide (-19 pts) — the specific schools serving this property underperform the Broward average; the district grade overstates school quality for this exact location.
- Market conditions: Rents soft (-1.4%/yr); 821 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
- This rent runs 34% of the median local income ($58k/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 $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Broward County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 34 days — a 3% lower offer ($82k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts 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: HOA is 44% of rent.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 34 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
- Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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
- 1.94% ✓
- Cap rate
- 5.35%
- Cash-on-cash
- -3.38%
- DSCR
- 0.85
- GRM
- 4.3
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -30.2%
- Equity multiple
- 0.06×
- Total profit
- $-22,381
- Equity at exit
- $12,674
- IRR
- -99.5%
- Equity multiple
- -0.75×
- Total profit
- $-41,646
- Equity at exit
- $7,349
Cash invested: $23,800 (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
ZIP-level market 33319
- Rents YoY
- -1.4%
- Active inventory
- 821
- Price-to-rent
- 4.3×
Monthly cashflow live
- Estimated rent
- $1,653 high interval (Pro) →
- Mortgage (P&I)
- −$446
- Tax from tax record
- −$165 /mo · $1,977/yr
- Insurance
- −$35
- HOA
- −$727
- Vacancy / Maint / Mgmt
- −$347
- Net cashflow
- $-67
Break-even live
Sensitivity live
| Price | -10% $-19 | -5% $-43 | +0% $-67 | +5% $-91 | +10% $-115 |
|---|---|---|---|---|---|
| Rent | -10% $-198 | -5% $-132 | +0% $-67 | +5% $-2 | +10% $64 |
| Rate | -1.0pp $-24 | -0.5pp $-45 | base $-67 | +0.5pp $-89 | +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
- $21,250
- Closing costs
- $2,550
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- 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 |
|---|---|---|---|---|---|---|---|---|
| 6300 S Falls Circle Dr #106 Lauderhill, FL | 1.0 | 2.0 | 870 | $1,425 | $1.64 | 22d | 1 | 0.05mi |
| 6361 N Falls Circle Dr #106 Lauderhill, FL | 1.0 | 2.0 | 870 | $1,550 | $1.78 | 24d | 1 | 0.06mi |
| 6361 N Falls Circle Dr #106 Lauderhill, FL | 1.0 | 2.0 | 870 | $1,540 | $1.77 | 8d | 1 | 0.06mi |
| 6010 S Falls Circle Dr #206 Lauderhill, FL | 2.0 | 2.0 | 1093 | $2,350 | $2.15 | 24d | 1 | 0.22mi |
| 3774 Inverrary Blvd Unit 105P Lauderhill, FL | 1.0 | 1.5 | 726 | $1,675 | $2.31 | 2d | 1 | 0.26mi |
| 3571 Inverrary Dr #403 Lauderhill, FL | 2.0 | 2.0 | 1070 | $1,600 | $1.50 | 1d | 1 | 0.26mi |
| 3571 Inverrary Dr #305 Lauderhill, FL | 2.0 | 2.0 | 904 | $1,650 | $1.83 | 24d | 1 | 0.26mi |
| 3571 Inverrary Dr #403 Lauderhill, FL | 2.0 | 2.0 | 1070 | $1,600 | $1.50 | 21d | 1 | 0.26mi |
| 3774 Inverrary Blvd Lauderhill, FL | 1.0 | 1.5 | 726 | $1,638 | $2.26 | 2d | 2 | 0.26mi |
| 3774 Inverrary Blvd Lauderhill, FL | 1.0 | 1.5 | 726 | $1,638 | $2.26 | 24d | 2 | 0.26mi |
| 5961 N Falls Circle Dr Lauderhill, FL | 1.0 | 1.5–2.0 | 885 | $1,745 | $1.97 | 3d | 2 | 0.27mi |
| 6100 NW 44th St #302 Lauderhill, FL | 2.0 | 2.0 | 1092 | $1,800 | $1.65 | 24d | 1 | 0.27mi |
| 6200 NW 44th St #109 Lauderhill, FL | 2.0 | 2.0 | 1092 | $1,850 | $1.69 | 11d | 1 | 0.29mi |
| 3650 Inverrary Dr Lauderhill, FL | 1.0 | 1.0–1.5 | 610 | $1,570 | $2.57 | 3d | 3 | 0.32mi |
| 3650 Inverrary Dr Lauderhill, FL | 1.0 | 1.5 | 800 | $1,535 | $1.92 | 20d | 2 | 0.32mi |
| 3650 Inverrary Dr Lauderhill, FL | 1.0 | 1.0–1.5 | 610 | $1,570 | $2.57 | 14d | 3 | 0.32mi |
| 4152 Inverrary Dr Lauderhill, FL | 2.0 | 2.0 | 1016 | $2,025 | $1.99 | 24d | 2 | 0.34mi |
| 4222 Inverrary Blvd #4313 Lauderhill, FL | 1.0 | 1.5 | 900 | $1,575 | $1.75 | 24d | 1 | 0.34mi |
| 4154 Inverrary Dr #206 Lauderhill, FL | 1.0 | 1.5 | 783 | $1,575 | $2.01 | 2d | 1 | 0.37mi |
| 4154 Inverrary Dr #407 Lauderhill, FL | 2.0 | 2.0 | 972 | $1,800 | $1.85 | 11d | 1 | 0.37mi |
| 4154 Inverrary Dr Lauderhill, FL | 1.0–2.0 | 1.5–2.0 | 877 | $1,250 | $1.42 | 24d | 2 | 0.37mi |
| 3660 Inverrary Dr Lauderhill, FL | 1.0 | 1.0–1.5 | 725 | $1,799 | $2.48 | 18d | 2 | 0.37mi |
| 3660 Inverrary Dr Lauderhill, FL | 1.0 | 1.0–1.5 | 725 | $1,799 | $2.48 | 8d | 3 | 0.37mi |
| 3760 Inverrary Dr Lauderhill, FL | 2.0 | 1.0–2.0 | 800 | $1,725 | $2.16 | 5d | 3 | 0.38mi |
| 4200 Inverrary Blvd Lauderhill, FL | 3.0 | 1.0–2.0 | 1116 | $1,878 | $1.68 | 4d | 17 | 0.39mi |
| 5900 NW 44th St #106 Lauderhill, FL | 2.0 | 2.0 | 1100 | $1,700 | $1.55 | 14d | 1 | 0.39mi |
| 3670 Inverrary Dr Unit 1F Lauderhill, FL | 1.0 | 1.5 | 880 | $1,450 | $1.65 | 20d | 1 | 0.40mi |
| 3670 Inverrary Dr Lauderhill, FL | 1.0 | 1.0–1.5 | 650 | $1,450 | $2.23 | 15d | 2 | 0.40mi |
| 3670 Inverrary Dr Lauderhill, FL | 1.0 | 1.0–1.5 | 650 | $1,600 | $2.46 | 8d | 3 | 0.40mi |
| 4156 Inverrary Dr Lauderhill, FL | 2.0 | 2.0 | 993 | $2,200 | $2.22 | 24d | 4 | 0.40mi |
| 4156 Inverrary Dr Lauderhill, FL | 1.0–2.0 | 1.5–2.0 | 899 | $1,625 | $1.81 | 8d | 3 | 0.40mi |
| 5860 NW 44th St #603 Lauderhill, FL | 2.0 | 2.0 | 1100 | $1,800 | $1.64 | 19d | 1 | 0.43mi |
| 4176 Inverrary Dr #110 Lauderhill, FL | 2.0 | 2.0 | 972 | $2,000 | $2.06 | 24d | 1 | 0.43mi |
| 3750 Inverrary Dr Lauderhill, FL | 1.0–2.0 | 1.5–2.0 | 975 | $1,450 | $1.49 | 24d | 3 | 0.45mi |
| 4158 Inverrary Dr #202 Lauderhill, FL | 2.0 | 2.0 | 1116 | $2,200 | $1.97 | 3d | 1 | 0.48mi |
| 3710 Inverrary Dr Lauderhill, FL | 1.0 | 1.5 | 900 | $1,674 | $1.86 | 15d | 2 | 0.49mi |
| 3710 Inverrary Dr Unit 2S Lauderhill, FL | 1.0 | 1.5 | 1000 | $2,099 | $2.10 | 5d | 1 | 0.49mi |
| 4174 Inverrary Dr #1004 Lauderhill, FL | 2.0 | 2.0 | 972 | $1,750 | $1.80 | 24d | 1 | 0.50mi |
| 4174 Inverrary Dr #907 Lauderhill, FL | 1.0 | 1.0 | 675 | $1,500 | $2.22 | 24d | 1 | 0.50mi |
| 4174 Inverrary Dr #401 Lauderhill, FL | 2.0 | 2.0 | 1116 | $2,100 | $1.88 | 24d | 1 | 0.50mi |
HOA detail condo
- Monthly dues
- $727 · $8,724/yr
- Likely covers
- waterlandscapingsecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 24 events
-
2026-06-18days on market $85,000 Active 34 DOM
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2026-06-17days on market $85,000 Active 33 DOM
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2026-06-16days on market $85,000 Active 32 DOM
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2026-06-15days on market $85,000 Active 31 DOM
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2026-06-13days on market $85,000 Active 29 DOM
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2026-06-09days on market $85,000 Active 25 DOM
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2026-06-08days on market $85,000 Active 24 DOM
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2026-06-07days on market $85,000 Active 23 DOM
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2026-06-04days on market $85,000 Active 20 DOM
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2026-06-03days on market $85,000 Active 19 DOM
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2026-06-02days on market $85,000 Active 18 DOM
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2026-06-01days on market $85,000 Active 17 DOM
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2026-05-31days on market $85,000 Active 16 DOM
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2026-05-15status Active
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2026-04-13status Active
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2026-03-11Active Under Contract
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2026-03-03historical
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2025-11-15$85,000
-
2020-12-04soldstatus $76,500
-
2011-01-27soldstatus $54,000
-
2005-07-15soldstatus $110,000
-
2004-10-06soldstatus $70,000
-
1997-04-21soldstatus $25,500
-
1995-04-20soldstatus $27,000
ⓘ 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
- $1,977 · $165/mo
- Projected year-2 tax
- $1,977 · $165/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $19,836
- − Mortgage interest
- −$4,761
- − Property taxes
- −$1,977
- − Insurance
- −$425
- − Repairs & maintenance
- −$1,587
- − Management
- −$1,587
- − HOA
- −$8,724
- − Depreciation
- −$2,473
- Taxable loss
- −$1,698
- Est. tax savings @ 24.0%
- +$407
- After-tax cash flow
- $-397/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
- Broward
- NCES district ID
- 1200180
- Math proficiency
- 42% ▼ -18.00%
- Reading proficiency
- 53% ▼ -5.00%
- Median HH income
- $52,139
- Composite
- 40.88/100
- National rank
- #3621
- State rank
- #46 of 73 in FL
Livability — Lauderhill
- Score
- 79/100
- State rank
- #139
- US rank
- #2059
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Lauderhill, FL
- County
- Broward County · 1,963,430 people
- City population
- 62,807
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 54,450
- Household income
- $58,388
- Rent vs Own
- Severe rent burden
- 2809.0
Population outlook (Broward County) Hauer SSP2
- Today (2025)
- 2,207,033 people
- By 2030
- 2,360,704 · +7.0%
- By 2040
- 2,661,208 · +20.6%
- By 2050
- 2,946,698 · +33.5%
- By 2075
- 3,602,273 · +63.2%
- By 2100
- 3,970,984 · +79.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.58)
- Race & ethnicity
- Black 61% Hispanic / Latino 17% White 15% Two or more races 11% Asian 4%
- Hispanic origin (detail)
- Puerto Rican 4% Cuban 2% Dominican 1%
- Common ancestry
- Hispanic 13% Romanian 1% Italian 1%
- Foreign-born
- 46% · Canada, Jamaica, Vietnam
- Languages at home
- 64% English-only · Spanish 15% French/Haitian/Cajun 15% Other Indo-European 2%
Political lean MEDSL · Broward
- 2024 margin
- D (+17.0) · D 58.0% · R 41.0%
- 2008→2024 swing
- -17.8pp toward R · 2008: 34.7pp · 2024: 17.0pp
- All cycles
- 2024: D+17.0 2020: D+29.8 2016: D+35.0 2012: D+34.9 2008: D+34.7
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -202.84%
- Current HPI
- 328.4307
- Rent YoY
- ▼ -1.38%
- Metro
- Miami-Fort Lauderdale-Pompano Beach, 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 |
|
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| Insurance | 2 | $17B |
|
||
| Retail | 1 | $60B |
|
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| Technology Distribution | 1 | $58B |
|
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| Homebuilding | 1 | $35B |
|
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| Technology Manufacturing | 1 | $35B |
|
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Price history
+214.8% since first listed11 events — show timeline
- 2026-05-15 Relisted — Beaches MLS
- 2026-04-13 Relisted — Beaches MLS
- 2026-03-11 Listed — Beaches MLS
- 2026-03-03 Listing Removed — Beaches MLS
- 2025-11-15 Listed $85,000 Beaches MLS
- 2020-12-04 Sold (Public Records) $76,500 Public Records
- 2011-01-27 Sold (Public Records) $54,000 Public Records
- 2005-07-15 Sold (Public Records) $110,000 Public Records
- 2004-10-06 Sold (Public Records) $70,000 Public Records
- 1997-04-21 Sold (Public Records) $25,500 Public Records
- 1995-04-20 Sold (Public Records) $27,000 Public Records
Property tax history
+5.9%/yrLatest (2025): $1,977 · -0.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…