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3002 Ventnor Unit G
C+ Composite 61.43
Why this score? — see what drove the C+ 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 +23.5/30.0
  • 1% rule +10.0/10.0
  • DSCR +7.6/10.0
  • ARV discount +7.5/15.0
  • Schools +4.1/10.0
  • Livability +3.8/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$135,000

3002 Ventnor Unit G · Deerfield Beach, FL 33442
2 bd · 2.0 ba · 996 sqft · Condo public records · 137 Days on market
Built 1979 $655/mo HOA · 30% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

A rare opportunity to own a bright and spacious 2 bedroom, 2 bathroom condominium in the coveted Ventnor G building within Century Village East, one of Deerfield Beach's premier 55+ communities. This inviting residence offers a generous layout with abundant natural light, tile and carpet flooring, and the ease of low-maintenance living in a secure, gated environment. Century Village East is a vibrant, active adult community designed for a fulfilling South Florida lifestyle. Residents enjoy resort-style amenities including the expansive 145,000-square-foot main clubhouse with fitness center, indoor and outdoor heated pools, aerobics and dance studios, arts & crafts rooms, theater with

Key facts

  • Fitness center
  • Billiards
  • $655 HOA

Tags

RESORT STYLE AMENITIESFITNESS CENTERAEROBICS AND DANCE STUDIOSARTS AND CRAFTS ROOMSTHEATER WITH LIVE PERFORMANCESBILLIARDS

Property features AI

Finance

  • Other: Pets not allowed
  • HOA & community: Monthly HOA dues; Association amenities include clubhouse, elevators, fitness center, game room, pool, shuffleboard, bocce ball, courtesy bus, and pickleball courts; HOA covers cable TV, grounds maintenance, security, trash, water, and common areas; Senior community

Exterior

  • Parking: Assigned parking; Guest parking; 1 open parking space
  • Security: Gated community with guard
  • Utilities: Public water; Public sewer; Water and sewer available
  • Home design: Condominium; 4-story building; Resale; Faces south; Located west of US-1
  • Construction: CBS construction
  • Exterior features: Covered patio; Screened patio; Patio

Interior

  • Kitchen: Electric range; Refrigerator; Disposal; Electric water heater
  • Bedrooms: 2 main-level bedrooms
  • Flooring: Carpet
  • Bathrooms: 2 full bathrooms (main level)
  • Heating & cooling: Central heating (electric); Central air conditioning (electric); Ceiling fans
  • Interior features: Walk-in closets; Stacked bedroom layout; Partially furnished; Sliding windows

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath condo listed at $135k.

Deal economics

  • At list price, monthly cash flow is $252 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $135k).
  • Recommended offer: $119k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.5% vs local median 4.1% in Deerfield Beach — 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 75/100 on livability (#250 in FL, #3,970 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A; Watch: amenities D-, employment D-.
  • 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: Quiet Waters Elementary School (math 40% / reading 48%, grade F, #1,330 of 2,144 statewide, top 63%, 1,128 students, 62% FRL); Lyons Creek Middle School (math 49% / reading 53%, grade C, #237 of 571 statewide, top 43%, 1,757 students, 60% FRL); Deerfield Beach High School (math 12% / reading 37%, grade F, #505 of 667 statewide, top 79%, 2,251 students, 69% FRL).
  • Market conditions: Rents flat; 584 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • At $2,176/mo this rent would consume 49% of the median local household income ($53k/yr) (locally 2169% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k 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 137 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
  • Current owner paid $60k; list at $135k implies a 125% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: HOA is 30% of rent.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $118,800 (12.0% below list)

Questions for the listing agent

  1. It's been on market 137 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. 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?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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.
  9. 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.
  10. 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
1.61%
Cap rate
8.53%
Cash-on-cash
8.00%
DSCR
1.36
GRM
5.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.1% rent growth · sell at horizon

5-year hold
IRR
-8.7%
Equity multiple
0.69×
Total profit
$-11,632
Equity at exit
$20,129
10-year hold
IRR
-6.0%
Equity multiple
0.69×
Total profit
$-11,886
Equity at exit
$11,672

Cash invested: $37,800 (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
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 33442

Rents YoY
0.1%
Active inventory
584
Price-to-rent
5.2×

Monthly cashflow live

Estimated rent
$2,176 high interval (Pro) →
Mortgage (P&I)
$708
Tax from tax record
$48 /mo · $576/yr
Insurance
$56
HOA
$655
Vacancy / Maint / Mgmt
$457
Net cashflow
$252

Break-even live

Break-even rent $1,857
Max offer price $135,000
Occupancy floor 83%

Sensitivity live

Price -10% $328 -5% $290 +0% $252 +5% $214 +10% $176
Rent -10% $80 -5% $166 +0% $252 +5% $338 +10% $424
Rate -1.0pp $320 -0.5pp $286 base $252 +0.5pp $217 +1.0pp $181

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
$33,750
Closing costs
$4,050
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6 Ventnor a Deerfield Beach, FL 1.0 1.0 600 $1,429 $2.38 26d 1 0.04mi
105 Deer Creek Rd Deerfield Beach, FL 2.0 2.0 1120 $2,700 $2.41 26d 1 0.17mi
105 Deer Creek Rd #202 Deerfield Beach, FL 2.0 2.0 1120 $3,000 $2.68 26d 1 0.18mi
171 Deer Creek Blvd #701 Deerfield Beach, FL 2.0 2.0 1090 $4,500 $4.13 1d 1 0.37mi
111 Tilford F #111 Deerfield Beach, FL 1.0 1.0 585 $1,500 $2.56 7d 1 0.41mi
111 Tilford F #111 Deerfield Beach, FL 1.0 1.0 585 $1,500 $2.56 22d 1 0.41mi
272 Tilford M Unit M Deerfield Beach, FL 2.0 1.5 820 $1,900 $2.32 26d 1 0.46mi
181 Tilford I Unit I Deerfield Beach, FL 1.0 1.5 700 $1,350 $1.93 26d 1 0.46mi
184 Tilford I Unit I Deerfield Beach, FL 2.0 1.5 820 $2,000 $2.44 26d 1 0.46mi
384 Durham Cir Unit 384 Deerfield Beach, FL 1.0 1.0 593 $1,400 $2.36 26d 1 0.46mi
51 Tilford S Unit 51 Deerfield Beach, FL 2.0 1.5 820 $1,800 $2.20 26d 1 0.49mi
283 Durham Cir Unit 283 Deerfield Beach, FL 2.0 2.0 820 $3,300 $4.02 26d 1 0.50mi
2460 Deer Creek Country Club Blvd Unit 205A Deerfield Beach, FL 2.0 1.5 1050 $1,800 $1.71 26d 1 0.53mi
361 Tilford Q Unit Q Deerfield Beach, FL 2.0 1.5 820 $1,800 $2.20 26d 1 0.55mi
178 Durham E Unit 178 Deerfield Beach, FL 1.0 1.0 593 $1,350 $2.28 5d 1 0.56mi
178 Durham E Unit 178 Deerfield Beach, FL 1.0 1.0 593 $1,350 $2.28 12d 1 0.56mi
500 Jefferson Dr Deerfield Beach, FL 1.0–3.0 1.0–2.0 1154 $2,768 $2.40 0d 78 0.57mi
2400 Deer Creek Country Club Blvd Deerfield Beach, FL 2.0 2.0 1050 $2,300 $2.19 26d 1 0.57mi
2400 Deer Creek Country Club Blvd Unit 608-1 Deerfield Beach, FL 2.0 2.0 1050 $2,200 $2.10 7d 1 0.57mi
2420 Deer Creek Country Club Blvd Unit 302D Deerfield Beach, FL 2.0 2.0 1050 $1,850 $1.76 26d 1 0.59mi
316 Markham Cres Deerfield Beach, FL 2.0 1.5 820 $1,800 $2.20 26d 1 0.59mi
25 Newport Ct Unit 25 Deerfield Beach, FL 1.0 1.0 700 $1,549 $2.21 26d 1 0.59mi
27 Newport B Deerfield Beach, FL 1.0 1.5 700 $1,550 $2.21 24d 1 0.59mi
2430 Deer Creek Country Club Blvd Unit 407-2 Deerfield Beach, FL 2.0 2.0 1050 $2,050 $1.95 7d 1 0.60mi
98 Westbury E #98 Deerfield Beach, FL 1.0 1.0 585 $1,600 $2.74 26d 1 0.61mi
98 Westbury E Unit E Deerfield Beach, FL 1.0 1.0 585 $1,600 $2.74 1d 1 0.61mi
102 Westbury E #102 Deerfield Beach, FL 1.0 1.0 585 $1,900 $3.25 9d 1 0.61mi
125 Westbury E Deerfield Beach, FL 1.0 1.0 585 $1,600 $2.74 26d 1 0.61mi
308 Markham N Deerfield Beach, FL 1.0 1.5 700 $1,200 $1.71 26d 1 0.62mi
358 Markham Cres Unit 358 Deerfield Beach, FL 1.0 1.5 700 $1,500 $2.14 26d 1 0.62mi
12 Prescott E Unit 12 Deerfield Beach, FL 1.0 1.5 700 $1,550 $2.21 1d 1 0.63mi
20 Prescott E Unit 20 Deerfield Beach, FL 1.0 1.5 700 $1,600 $2.29 26d 1 0.63mi
188 Prescott E Unit 188 Deerfield Beach, FL 1.0 1.5 700 $1,800 $2.57 26d 1 0.64mi
127 Westbury Cir Deerfield Beach, FL 1.0 1.0 585 $1,425 $2.44 26d 1 0.67mi
283 NW 36th Ave Deerfield Beach, FL 2.0 2.0 976 $2,500 $2.56 26d 1 0.68mi
299 NW 36th Ave Deerfield Beach, FL 2.0 2.0 976 $2,300 $2.36 1d 1 0.68mi
299 NW 36th Ave Deerfield Beach, FL 2.0 2.0 976 $2,300 $2.36 4d 1 0.68mi
260 Prescott N Unit 260 Deerfield Beach, FL 1.0 1.5 700 $1,500 $2.14 26d 1 0.69mi
539 NW 36th Ave #539 Deerfield Beach, FL 2.0 2.0 1032 $3,300 $3.20 26d 1 0.70mi
315 NW 36th Ave Deerfield Beach, FL 2.0 2.0 1080 $2,500 $2.31 26d 1 0.70mi

HOA detail condo

Monthly dues
$655 · $7,860/yr
Likely covers
poolgymsecurity
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 17 events

  1. 2026-06-21
    days on market $135,000 Active 137 DOM
  2. 2026-06-18
    days on market $135,000 Active 134 DOM
  3. 2026-06-17
    days on market $135,000 Active 133 DOM
  4. 2026-06-16
    days on market $135,000 Active 132 DOM
  5. 2026-06-15
    days on market $135,000 Active 131 DOM
  6. 2026-06-13
    days on market $135,000 Active 129 DOM
  7. 2026-06-09
    pricedays on market $135,000 Active 125 DOM
  8. 2026-06-07
    days on market $137,500 Active 123 DOM
  9. 2026-06-04
    days on market $137,500 Active 120 DOM
  10. 2026-06-03
    days on market $137,500 Active 119 DOM
  11. 2026-06-02
    days on market $137,500 Active 118 DOM
  12. 2026-06-01
    days on market $137,500 Active 117 DOM
  13. 2026-05-31
    days on market $137,500 Active 116 DOM
  14. 2026-04-16
    price $137,500
  15. 2026-02-04
    listed $145,000 Active
  16. 2000-05-05
    soldstatus $60,000
  17. 1978-08-01
    soldstatus $39,000

ⓘ 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
$576 · $48/mo
Projected year-2 tax
$1,120 · $93/mo
Expected delta
+$545/yr (+$45/mo · 94.6%)

ⓘ 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 (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$26,115
− Mortgage interest
−$7,562
− Property taxes
−$576
− Insurance
−$675
− Repairs & maintenance
−$2,089
− Management
−$2,089
− HOA
−$7,860
− Depreciation
−$3,927
Taxable income
$1,337
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$321
After-tax cash flow
$2,704/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 — Deerfield Beach

Score
75/100
State rank
#250
US rank
#3970

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Deerfield Beach, FL
County
Broward County · 1,963,430 people
City population
61,449
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
31,296
Household income
$53,254
Rent vs Own
30.3% rent · 69.7% own
Severe rent burden
2169.0

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 0.61)
Race & ethnicity
White 57% Hispanic / Latino 23% Two or more races 19% Black 10% Asian 2%
Hispanic origin (detail)
Mexican 1% Puerto Rican 4% Cuban 3%
Common ancestry
Estonian 7% Romanian 4% Hispanic 3%
Foreign-born
34% · Canada, Jamaica, Dominican Republic
Languages at home
59% English-only · Spanish 20% Other Indo-European 13% French/Haitian/Cajun 4%

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
▼ -280.44%
Current HPI
323.0166
Rent YoY
▲ 0.10%
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

Price history

+252.6% since first listed
4 events — show timeline
  • 2026-04-16 Price Changed $137,500 Beaches MLS
  • 2026-02-04 Listed $145,000 Beaches MLS
  • 2000-05-05 Sold (Public Records) $60,000 Public Records
  • 1978-08-01 Sold (Public Records) $39,000 Public Records

Property tax history

+1.5%/yr

Latest (2025): $576 · +9.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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