441 NW 2nd Ave · Deerfield Beach, FL 33441

$349,999

3 bd · 1.0 ba · 1,295 sqft · SingleFamily public records · 1 Days on market

Built 1970 6,590 sqft lot Est $360k · at est.

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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).

• Cash flow +13.8/30.0
• ARV discount +8.8/15.0
• DSCR +4.2/10.0
• 1% rule +4.1/10.0
• Schools +4.1/10.0
• Livability +3.8/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this great single family home in Deerfield Beach! Property has 3 bedrooms and 1 bathroom. Roof is 2010. A/C is 2013. Water Heater is 2013. FULL 3D walk-through video available upon request. PLEASE NOTE - I AM NOT AVAILABLE ON THE SABBATH/SATURDAYS.

Key facts

• 6,590 sq ft lot
• Parking
• Built 1970

Property features AI

Exterior

• Parking: Attached carport; 1 covered space; Driveway; On-street parking; 1-car carport
• Utilities: Public water; Public sewer; Electric service
• Home design: Single-story; Faces east; Effective year built
• Construction: Block construction; Shingle roof
• Exterior features: Shed; Shed(s); Less than quarter acre lot

Interior

• Kitchen: Electric range; Microwave; Refrigerator
• Bedrooms: Bedroom on main level
• Flooring: Hardwood; Terrazzo; Wood
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: First-floor entry; Bedroom on main level; Pantry; Walk-in closet(s)
• Laundry & utility: Washer; Dryer; Utility room; Laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $350k.

Deal economics

• At list price, monthly cash flow is $29 ($347/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $318k (9.1% below list).
• Recommended offer: $318k (9.1% below list) — sets the bar for 1% rule.
• Cap rate 6.4% 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: Nova Blanche Forman Elementary (math 35% / reading 55%, grade D-, #1,271 of 2,144 statewide, top 60%, 769 students, 72% FRL); Nova Middle School (math 44% / reading 53%, grade C-, #274 of 571 statewide, top 50%, 1,284 students, 68% FRL); Deerfield Beach High School (math 12% / reading 37%, grade F, #505 of 667 statewide, top 79%, 2,251 students, 69% FRL) — zoned schools average 69% FRL vs 51% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+2.2%/yr); 300 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 $3,182/mo this rent would consume 65% of the median local household income ($59k/yr) (locally 2148% 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 $2k of loan paydown is wiped out by about $10k 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

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $18k; list at $350k implies a 1844% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $318,193 (9.1% below list)

Questions for the listing agent

1. Built in 1970 — 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. 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?
4. 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?
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: 0.91% ✗
• Cap rate: 6.39%
• Cash-on-cash: 0.35%
• DSCR: 1.02
• GRM: 9.2

CMA / ARV

• ARV (on-the-fly): $360,010
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
190 SE 2nd St	0.68mi	3/2.5	1,384 (+7%)	24mo	$385,000	$278	31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.17% rent growth · sell at horizon

5-year hold

• IRR: -16.7%
• Equity multiple: 0.41×
• Total profit: $-57,421
• Equity at exit: $52,186

10-year hold

• IRR: -10.0%
• Equity multiple: 0.41×
• Total profit: $-57,907
• Equity at exit: $30,262

Cash invested: $98,000 (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

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33441

• Rents YoY: 2.2%
• Active inventory: 300
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $3,182 high
• Mortgage (P&I): −$1,835
• Tax from tax record: −$504 /mo · $6,043/yr
• Insurance: −$146
• HOA: −$0
• Vacancy / Maint / Mgmt: −$668
• Net cashflow: $29

Break-even live

Break-even rent $3,145

Max offer price $349,999

Occupancy floor 94%

Sensitivity live

Price	-10% $227	-5% $128	+0% $29	+5% $-70	+10% $-169
Rent	-10% $-222	-5% $-97	+0% $29	+5% $155	+10% $280
Rate	-1.0pp $205	-0.5pp $118	base $29	+0.5pp $-62	+1.0pp $-154

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: $87,500
• Closing costs: $10,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
573 NW 2nd Way Deerfield Beach, FL	4.0	2.0	1398	$3,100	$2.22	16d	1	0.14mi
534 NW 3rd Ter Deerfield Beach, FL	4.0	2.0	1320	$3,400	$2.58	26d	1	0.20mi
365 NW 4th Ct Deerfield Beach, FL	3.0	2.0	1872	$3,300	$1.76	0d	1	0.25mi
105 NW 7th Ct Deerfield Beach, FL	3.0	2.0	1362	$3,100	$2.28	26d	1	0.26mi
349 NW 3rd St Deerfield Beach, FL	3.0	1.0	1280	$2,800	$2.19	24d	1	0.27mi
349 NW 3rd St Deerfield Beach, FL	3.0	1.0	1200	$2,800	$2.33	26d	1	0.27mi
91 NE 6th Ct Deerfield Beach, FL	4.0	2.0	1149	$3,250	$2.83	21d	1	0.36mi
91 NE 6th Ct Deerfield Beach, FL	4.0	2.0	1149	$3,000	$2.61	26d	1	0.36mi
91 NE 6th Ct Deerfield Beach, FL	4.0	2.0	1149	$3,000	$2.61	19d	1	0.36mi
143 NE 6th Ct Deerfield Beach, FL	4.0	2.0	1258	$3,100	$2.46	26d	1	0.39mi
157 NE 2nd Ave Unit Na Deerfield Beach, FL	3.0	1.0	1175	$2,650	$2.26	4d	1	0.40mi
3100 S Dixie Hwy Boca Raton, FL	1.0–2.0	1.0	975	$2,450	$2.51	4d	7	0.58mi
959 SW 18th St Boca Raton, FL	3.0	3.0	1194	$3,500	$2.93	19d	1	0.58mi
959 SW 18th St Unit W Boca Raton, FL	3.0	3.0	1194	$3,500	$2.93	24d	1	0.58mi
21 Royal Palm Way #3030 Boca Raton, FL	2.0	2.0	1095	$4,000	$3.65	26d	1	0.61mi
20 Royal Palm Way #6010 Boca Raton, FL	2.0	2.0	1130	$2,600	$2.30	26d	1	0.63mi
17 Royal Palm Way #103 Boca Raton, FL	2.0	2.0	1095	$2,500	$2.28	26d	1	0.68mi
165 SE 4th Ave Unit 165 Deerfield Beach, FL	3.0	2.5	1574	$2,950	$1.87	7d	1	0.71mi
165 SE 4th Ave Unit 165 Deerfield Beach, FL	3.0	2.5	1574	$3,000	$1.91	26d	1	0.71mi
2004 SW Natura Blvd Unit D Deerfield Beach, FL	2.0	2.0	900	$2,500	$2.78	3d	1	0.74mi
1120 SW 15th St Boca Raton, FL	3.0	2.5	1863	$6,800	$3.65	26d	1	0.74mi
14 Royal Palm Way #6010 Boca Raton, FL	2.0	2.0	1130	$3,200	$2.83	3d	1	0.75mi
11 Royal Palm Way #1040 Boca Raton, FL	2.0	2.0	1095	$2,600	$2.37	9d	1	0.75mi
2613 SW Natura Ave Deerfield Beach, FL	2.0	2.0	1216	$3,000	$2.47	12d	1	0.77mi
9 Royal Palm Way Boca Raton, FL	2.0	2.0	1112	$3,095	$2.78	14d	3	0.79mi
6 Royal Palm Way Boca Raton, FL	2.0	2.0	1130	$3,750	$3.32	26d	2	0.79mi
428 SE 2nd St Deerfield Beach, FL	3.0	2.0	1387	$4,800	$3.46	14d	1	0.80mi
12 Royal Palm Way #2050 Boca Raton, FL	2.0	2.0	1095	$2,700	$2.47	17d	1	0.81mi
12 Royal Palm Way #6060 Boca Raton, FL	2.0	2.0	1130	$2,600	$2.30	16d	1	0.81mi
4 Royal Palm Way #6020 Boca Raton, FL	2.0	1.0	1010	$2,300	$2.28	7d	1	0.82mi
4 Royal Palm Way #3040 Boca Raton, FL	3.0	2.0	1010	$6,000	$5.94	26d	1	0.82mi
358 SE 1st Dr Unit 358 Deerfield Beach, FL	3.0	2.5	1572	$2,750	$1.75	26d	1	0.82mi
2528 SW Natura Blvd Deerfield Beach, FL	2.0	2.0	1130	$2,500	$2.21	24d	1	0.83mi
2528 SW Natura Blvd Deerfield Beach, FL	2.0	2.0	1130	$2,500	$2.21	9d	1	0.83mi
8 Royal Palm Way Unit 107 Boca Raton, FL	2.0	2.0	1130	$5,500	$4.87	26d	1	0.83mi
358 SE 1st Way Deerfield Beach, FL	3.0	2.5	1572	$3,495	$2.22	20d	1	0.84mi
358 SE 1st Way Deerfield Beach, FL	3.0	2.5	1572	$3,500	$2.23	26d	1	0.84mi
3123 SW Natura Ave Deerfield Beach, FL	2.0	1.5	1238	$2,200	$1.78	26d	1	0.84mi
163 SW 5th St Deerfield Beach, FL	4.0	2.0	1140	$3,000	$2.63	0d	1	0.85mi
7 Royal Palm Way #4080 Boca Raton, FL	2.0	2.0	1130	$2,395	$2.12	26d	1	0.87mi

Listing history 3 events

1. 2026-05-08
   status Pending
2. 2026-05-07
   listed $349,999 Active
3. 1970-09-01
   soldstatus $18,000

ⓘ 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: $6,043 · $504/mo
• Projected year-2 tax: $6,043 · $504/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 3/10 Moderate FEMA zone X (shaded) · 12% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 27 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

Taxation est. · year 1

• Rental income: $38,183
• − Mortgage interest: −$19,605
• − Property taxes: −$6,043
• − Insurance: −$1,750
• − Repairs & maintenance: −$3,055
• − Management: −$3,055
• − Depreciation: −$10,182
• Taxable loss: −$5,506
• Est. tax savings @ 24.0%: +$1,321
• After-tax cash flow: $1,668/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): 30,153
• Household income: $58,594
• Rent vs Own: 46.1% rent · 53.9% own
• Severe rent burden: 2148.0

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: Highly diverse neighborhood (Simpson 0.71)
• Race & ethnicity: White 39% Black 33% Hispanic / Latino 17% Two or more races 15% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1% Cuban 3% Dominican 1%
• Common ancestry: Hispanic 11% Estonian 5% Romanian 3%
• Foreign-born: 29% · Canada, Jamaica, Guatemala
• Languages at home: 65% English-only · Spanish 13% French/Haitian/Cajun 11% Other Indo-European 9%

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: ▼ -353.25%
• Current HPI: 404.3829
• Rent YoY: ▲ 2.17%
• 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+1844.4% since first listed

3 events — show timeline

• 2026-05-08 Pending — MARMLS
• 2026-05-07 Listed $349,999 MARMLS
• 1970-09-01 Sold (Public Records) $18,000 Public Records

Property tax history

+22.3%/yr

Latest (2025): $6,043 · +7.9% YoY. Source: county tax records.