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6581 Southport Dr
C+ Composite 60.45
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 +20.1/30.0
  • ARV discount +7.5/15.0
  • 1% rule +7.1/10.0
  • DSCR +6.4/10.0
  • Appreciation +5.1/10.0
  • Schools +4.3/10.0
  • Condition / age +4.0/5.0
  • Livability +3.6/5.0
  • Rent growth +2.5/5.0

$299,900

6581 Southport Dr · Boynton Beach, FL 33472
3 bd · 2.0 ba · 1,727 sqft · SingleFamily · 38 Days on market
Built 2002 Good condition 5,940 sqft lot $412/mo HOA · 11% of rent

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

Listing remarks

Addison Green is know for being one of the more approachable single-family subdivisions within Aberdeen, featuring the largest satellite pool of any subdivision. This 3/2 single family home located in the 55+ GATED Community within ABERDEEN COUNTRY CLUB has 3 levels of Mandatory Membership to choose from, Golf, Tennis or Social. Membership includes many amenities; pickleball, bocce, 3 restaurants, resort-style pool & Jacuzzi, and a wide variety of social events and activities. Seller is providing $20,000 Concession towards membership.

Key facts

  • Pickleball
  • Resort style pool
  • 55 gated community

Tags

LARGEST SATELLITE POOL55 GATED COMMUNITYMANDATORY MEMBERSHIPPICKLEBALLBOCCERESORT STYLE POOL

Property features AI

Finance

  • Other: No land lease
  • Financial info: Monthly HOA fee listed (amount available in listing)
  • HOA & community: Part of an association with monthly HOA fee; Association amenities include clubhouse, fitness center, golf course, pool, spa/hot tub, tennis and pickleball courts, bocce ball, cafe/restaurant, bar, lobby, maintained community, sidewalks, street lights, gated access, on-site manager, recreation facilities, parking and management; Association fee paid monthly; fee includes grounds maintenance, common areas, golf, reserve funds, recreation facilities and pool service; Association names: Aberdeen Golf & Country Club; Aberdeen POA; Pets allowed with breed restrictions; Community contains 140 units; Senior community

Exterior

  • Parking: Attached 2-car garage; Driveway with paver block; Two covered parking spaces; Two additional open parking spaces
  • Security: Key card entry; Phone/intercom entry; Gated community (no guard)
  • Utilities: Public water; Public sewer; Three-phase electric; Cable available; Electricity available; Water available; Sewer connected
  • Home design: Single-family residence; One story; Entry at level 1; North-facing
  • Construction: Built with stucco and CBS construction; Spanish tile roof
  • Exterior features: Open patio; Patio; Masonry fencing; Interior lot; Paved road

Interior

  • Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
  • Bedrooms: Three bedrooms on the main level
  • Flooring: Laminate flooring; Tile flooring
  • Bathrooms: Two full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Cathedral ceilings and vaulted ceiling details; Entrance foyer; High ceilings; Walk-in closets; Split bedroom layout; French doors
  • Laundry & utility: Laundry room with inside washer/dryer hookup

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 3-bed/2.0-bath single-family listed at $300k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $371 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $300k).
  • Recommended offer: $291k (3.0% below list) — sets the bar for market timing.
  • Cap rate 7.8% vs local median 4.3% in Boynton 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 72/100 on livability (#351 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety B+, cost of living B; Watch: amenities D+, crime D-, 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: Crystal Lakes Elementary School (math 55% / reading 64%, grade B-, #690 of 2,144 statewide, top 34%, 788 students, 37% FRL); Christa Mcauliffe Middle School (math 63% / reading 63%, grade B+, #111 of 571 statewide, top 20%, 1,387 students, 35% FRL); Park Vista Community High School (math 43% / reading 64%, grade C-, #146 of 667 statewide, top 22%, 3,191 students, 28% FRL) — zoned schools average 34% FRL vs 52% district-wide (18 pts lower); this property's tenant base skews higher-income than the district average.
  • Market conditions: 169 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).

Forward outlook

  • In year one you build about $3k of equity ($2k loan paydown + $594 appreciation (0.2% 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 (0.2% appreciation + 3.0% rent growth), your $84k cash investment doubles in ~8 years — after that, you're playing with house money.
  • By year 10, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 38 days — a 3% lower offer ($291k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $290,903 (3.0% below list)

Questions for the listing agent

  1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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.
  6. 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.
  7. 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
1.21%
Cap rate
7.78%
Cash-on-cash
5.30%
DSCR
1.24
GRM
6.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.2% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
4.4%
Equity multiple
1.21×
Total profit
$17,976
Equity at exit
$90,064
10-year hold
IRR
9.6%
Equity multiple
2.07×
Total profit
$89,879
Equity at exit
$110,671

Cash invested: $83,972 (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 33472

Home prices YoY
0.1%
Active inventory
169
Price-to-rent
6.9×

Monthly cashflow live

Estimated rent
$3,615 high interval (Pro) →
Mortgage (P&I)
$1,573
Tax est. 1.5%
$375 /mo · $4,498/yr
Insurance
$125
HOA
$412
Vacancy / Maint / Mgmt
$759
Net cashflow
$371

Break-even live

Break-even rent $3,145
Max offer price $299,900
Occupancy floor 85%

Sensitivity live

Price -10% $578 -5% $475 +0% $371 +5% $268 +10% $164
Rent -10% $86 -5% $228 +0% $371 +5% $514 +10% $657
Rate -1.0pp $522 -0.5pp $447 base $371 +0.5pp $293 +1.0pp $214

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
$74,975
Closing costs
$8,997
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
6731 Southport Dr Boynton Beach, FL 3.0 2.0 1727 $3,600 $2.08 25d 1 0.17mi
8082 Aberdeen Dr #102 Boynton Beach, FL 2.0 2.0 1619 $8,500 $5.25 25d 1 0.48mi
6143 Windlass Cir Boynton Beach, FL 4.0 2.5 2245 $4,200 $1.87 19d 1 0.49mi
6365 Lansdowne Cir Boynton Beach, FL 3.0 2.0 1769 $3,200 $1.81 3d 1 0.52mi
9121 Paragon Way Boynton Beach, FL 4.0 2.0 2154 $4,950 $2.30 25d 1 0.55mi
9336 Water Course Way Boynton Beach, FL 3.0 2.0 1779 $3,600 $2.02 22d 1 0.71mi
9336 Water Course Way Boynton Beach, FL 3.0 2.0 1779 $3,600 $2.02 25d 1 0.71mi
7192 Summer Tree Dr Boynton Beach, FL 2.0 2.0 1722 $3,000 $1.74 25d 1 0.78mi
8884 Shoal Creek Ln Boynton Beach, FL 3.0 2.0 1936 $5,000 $2.58 11d 1 0.89mi
8884 Shoal Creek Ln Boynton Beach, FL 3.0 2.0 1936 $4,900 $2.53 25d 1 0.89mi
7275 Summer Tree Dr Boynton Beach, FL 2.0 2.0 1722 $4,300 $2.50 25d 1 0.90mi
8520 Tourmaline Blvd Boynton Beach, FL 4.0 2.0 1699 $4,000 $2.35 19d 1 0.95mi
7577 Caprio Dr Boynton Beach, FL 3.0 2.0 1884 $3,200 $1.70 3d 1 0.99mi
7577 Caprio Dr Boynton Beach, FL 3.0 2.0 1884 $3,200 $1.70 14d 1 0.99mi
7891 Sailing Shores Ter Unit 7891 Boynton Beach, FL 3.0 2.0 2011 $3,000 $1.49 8d 1 1.00mi
7891 Sailing Shores Ter Boynton Beach, FL 3.0 2.0 2011 $3,400 $1.69 17d 1 1.00mi
6039 Sunberry Cir Boynton Beach, FL 4.0 2.0 2149 $3,650 $1.70 5d 1 1.01mi
9650 Harbour Lake Cir Boynton Beach, FL 3.0 2.0 1937 $2,975 $1.54 25d 1 1.03mi
6165 Country Fair Cir Boynton Beach, FL 3.0 2.5 1656 $3,200 $1.93 25d 1 1.06mi
5945 Parkwalk Dr Boynton Beach, FL 2.0 2.0 1178 $2,500 $2.12 22d 1 1.06mi
7725 Rockford Rd Boynton Beach, FL 3.0 2.5 2249 $10,000 $4.45 3d 1 1.07mi
9629 El Clair Ranch Rd Boynton Beach, FL 4.0 2.0 2231 $4,800 $2.15 25d 1 1.07mi
7418 Wescott Ter Lake Worth, FL 3.0 2.5 2170 $3,250 $1.50 8d 1 1.07mi
7888 Sonoma Springs Cir #105 Lake Worth, FL 2.0 2.0 1105 $2,200 $1.99 25d 1 1.10mi
6581 Marissa Cir Lake Worth, FL 3.0 2.0 1414 $3,300 $2.33 19d 1 1.12mi
9215 Sun Pointe Dr Boynton Beach, FL 4.0 2.0 2142 $4,650 $2.17 11d 1 1.13mi
9215 Sun Pointe Dr Boynton Beach, FL 4.0 2.0 2142 $4,650 $2.17 25d 1 1.13mi
5537 Pebble Brook Ln Boynton Beach, FL 3.0 2.0 1166 $2,825 $2.42 15d 1 1.15mi
7856 Sonoma Springs Cir #205 Lake Worth, FL 2.0 2.0 1105 $2,300 $2.08 8d 1 1.16mi
7832 Rockford Rd Boynton Beach, FL 3.0 2.0 1598 $3,800 $2.38 22d 1 1.17mi
9565 El Clair Ranch Rd Boynton Beach, FL 3.0 2.0 1867 $3,500 $1.87 8d 1 1.18mi
9565 El Clair Ranch Rd Boynton Beach, FL 3.0 2.0 1867 $3,500 $1.87 21d 1 1.18mi
7840 Sonoma Springs Cir #103 Lake Worth, FL 2.0 2.0 1105 $2,200 $1.99 25d 1 1.20mi
7975 Rockford Rd Boynton Beach, FL 2.0 2.0 1720 $3,700 $2.15 25d 1 1.22mi
9654 Sun Pointe Dr Boynton Beach, FL 4.0 2.0 2142 $4,400 $2.05 25d 1 1.25mi
7936 Rockford Rd Boynton Beach, FL 3.0 2.0 1871 $9,000 $4.81 22d 1 1.26mi
9926 Watermill Cir Unit F Boynton Beach, FL 3.0 2.0 1471 $2,400 $1.63 25d 1 1.29mi
10206 Stonehenge Cir Boynton Beach, FL 1.0–3.0 1.0–2.0 1054 $2,825 $2.68 2d 13 1.30mi
7085 Merganser Ct Lake Worth, FL 2.0 2.0 1155 $2,110 $1.83 1d 1 1.43mi
7366 Ashley Shores Cir Lake Worth, FL 3.0 2.5 1945 $4,200 $2.16 8d 1 1.47mi

HOA detail

Monthly dues
$412 · $4,944/yr
Likely covers
poolsecurity

Listing history 15 events

  1. 2026-06-18
    days on market $299,900 Active 38 DOM
  2. 2026-06-17
    days on market $299,900 Active 37 DOM
  3. 2026-06-16
    days on market $299,900 Active 36 DOM
  4. 2026-06-15
    status $299,900 Active 35 DOM
  5. 2026-06-15
    statusdays on market $299,900 Active Under Contract 35 DOM
  6. 2026-06-13
    days on market $299,900 Active 33 DOM
  7. 2026-06-09
    days on market $299,900 Active 29 DOM
  8. 2026-06-08
    days on market $299,900 Active 28 DOM
  9. 2026-06-07
    days on market $299,900 Active 27 DOM
  10. 2026-06-04
    days on market $299,900 Active 24 DOM
  11. 2026-06-03
    days on market $299,900 Active 23 DOM
  12. 2026-06-02
    days on market $299,900 Active 22 DOM
  13. 2026-06-01
    days on market $299,900 Active 21 DOM
  14. 2026-05-31
    days on market $299,900 Active 20 DOM
  15. 2026-05-11
    listed $299,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 26 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

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Taxation est. · year 1

Rental income
$43,377
− Mortgage interest
−$16,799
− Property taxes
−$4,498
− Insurance
−$1,500
− Repairs & maintenance
−$3,470
− Management
−$3,470
− HOA
−$4,944
− Depreciation
−$8,724
Taxable loss
−$28
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$7
After-tax cash flow
$4,461/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 · 12 photos

Good 80/100 Cosmetic rehab

This 3/2 single-family home in a gated community within Aberdeen Country Club is in good condition with minimal repairs needed. It offers a good return on investment with updates that can significantly increase its resale and rental value.

Value-add opportunities

  • Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics.
  • Both Landscaping improvements — Enhances curb appeal and adds value to the property.
  • Both New flooring in high-traffic areas — Fresh flooring improves aesthetics and reduces maintenance costs.
  • Both Upgrading kitchen appliances — Modern appliances enhance functionality and appeal to potential buyers/renters.
  • Both Adding smart home features — Smart home features improve convenience and add value to the property.

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics.
  • Both Landscaping improvements — Enhances curb appeal and adds value to the property.
  • Both New flooring in high-traffic areas — Fresh flooring improves aesthetics and reduces maintenance costs.
  • Both Upgrading kitchen appliances — Modern appliances enhance functionality and appeal to potential buyers/renters.
  • Both Adding smart home features — Smart home features improve convenience and add value to the property.

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Boynton Beach

Score
72/100
State rank
#351
US rank
#6098

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

City population
148,060
Population (ZIP)
18,689

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
Diverse neighborhood (Simpson 0.56)
Race & ethnicity
White 63% Hispanic / Latino 18% Two or more races 14% Black 10% Asian 4%
Hispanic origin (detail)
Mexican 2% Puerto Rican 2% Cuban 7%
Common ancestry
Romanian 5% Scotch-Irish 4% Hispanic 3%
Foreign-born
24% · Canada, China, Jamaica
Languages at home
77% English-only · Spanish 11% Other Indo-European 4% French/Haitian/Cajun 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
▲ 0.20%
Current HPI
268.1142
Rent YoY
Metro
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-05-11 Listed $299,900 Beaches MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…