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3306 NW 67th St 🌊 Lakefront
B+ Composite 75.86
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
  • Appreciation +4.6/10.0
  • Livability +4.2/5.0
  • Schools +4.1/10.0
  • Rent growth +2.9/5.0
  • Condition / age +2.5/5.0

$75,000

3306 NW 67th St · Coconut Creek, FL 33073
2 bd · 2.0 ba · 1,152 sqft · Manufactured · 69 Days on market
Built 1983

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

Listing remarks

THIS IS A 2/2 MOBILE HOMES WITH A FLORIDA ROOM FOR AN EXTRA ROOM OR TO MAKE AN OFFICE, THIS MOBILE HOME HAS A LOT OF UPDATES; NEW KITCHEN, NEW BATHROOMS. LOCATED IN A GATED 55+ COMMUNITY. BUILT IN 1983 AND HAS A VIEW TO THE CANAL. THE CLUBHOUSE OFFERS LOTS OF ACTIVITIES. THE LOCATION IS CLOSE TO MAJOR ROADS, SHOPPING CENTER, FEW MILES AWAY FROM DEERFIELD BEACH, AIRPORTS, RESTAURANTS, HOSPITAL AND MUCH MORE. THE LAND IS NOT INCLUDED, AND MONTHLY LOT RENTAL IS $1,054.00

Key facts

  • Gated community
  • View to the canal
  • New kitchen

Tags

FLORIDA ROOMNEW KITCHENNEW BATHROOMSGATED COMMUNITYVIEW TO THE CANALCLUBHOUSE

Property features AI

Finance

  • Other: Pets allowed with restrictions (cats OK; breed, number, and size limits apply)
  • Financial info: Land lease of $1,054 per month (lease expires 2030-08-27)
  • HOA & community: Senior community

Exterior

  • Parking: Attached carport (1 covered space); Driveway; total 2 parking spaces
  • Security: Key card entry; Window bars; Gated community (no guard)
  • Utilities: Public water; Public sewer; 100 amp electric service; Sewer and water available
  • Home design: Mobile home (double wide, model: TWIN); One story; Resale condition; Faces northwest; Entry level: raised
  • Construction: Metal siding, stucco, and vinyl siding construction; Modular double wide; Shingle/composition roof; Aluminum skirt; Raised foundation; Built as a 50 x 35 mobile (mobile length 50, width 35)
  • Exterior features: Private road frontage on an asphalt road; Waterfront property (no specific waterfront features); No other detached structures

Interior

  • Kitchen: Electric range; Microwave; Refrigerator; Electric water heater
  • Bedrooms: 2 bedrooms on the main level
  • Flooring: Tile flooring
  • Bathrooms: 2 full bathrooms on the main level
  • Heating & cooling: Central electric heating; Central air conditioning; Ceiling fans; Wall/window air conditioning units
  • Interior features: Unfurnished; Key card entry, window bars, gated (no guard)
  • Laundry & utility: Washer hookup (in unit); Electric dryer hookup; Laundry area accessible inside and outside

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 manufactured listed at $75k.

Deal economics

  • At list price, monthly cash flow is $2k ($19k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $75k).
  • Recommended offer: $70k (6.0% below list) — sets the bar for market timing.
  • Cap rate 32.1% vs local median 3.7% in Coconut Creek — 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 85/100 on livability (#30 in FL, #617 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: 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: Tradewinds Elementary School (math 49% / reading 55%, grade C-, #990 of 2,144 statewide, top 48%, 972 students, 60% FRL); Lyons Creek Middle School (math 49% / reading 53%, grade C, #237 of 571 statewide, top 43%, 1,757 students, 60% FRL); Monarch High School (math 26% / reading 50%, grade F, #328 of 667 statewide, top 50%, 2,344 students, 54% FRL).
  • Market conditions: Rents rising (+1.6%/yr); 156 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • This rent runs 33% of the median local income ($97k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-0.8%/yr); year-one equity from $519 of loan paydown is wiped out by about $578 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.
  • At projected returns (-0.8% appreciation + 1.6% rent growth), your $21k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 69 days — a 6% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 10y ago; this cycle's ask has dropped $5k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • 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 $70,500 (6.0% below list)

Questions for the listing agent

  1. It's been on market 69 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  5. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
  6. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
  7. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
  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 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
3.59%
Cap rate
32.06%
Cash-on-cash
92.04%
DSCR
5.10
GRM
2.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.77% appreciation · 1.64% rent growth · sell at horizon

5-year hold
IRR
92.6%
Equity multiple
5.48×
Total profit
$94,114
Equity at exit
$18,931
10-year hold
IRR
93.9%
Equity multiple
10.84×
Total profit
$206,601
Equity at exit
$20,593

Cash invested: $21,000 (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.

ZIP-level market 33073

Home prices YoY
-0.2%
Rents YoY
1.6%
Active inventory
156
Price-to-rent
2.3×

Monthly cashflow live

Estimated rent
$2,695 high interval (Pro) →
Mortgage (P&I)
$393
Tax est. 1.5%
$94 /mo · $1,125/yr
Insurance
$31
HOA
$0
Vacancy / Maint / Mgmt
$566
Net cashflow
$1,611

Break-even live

Break-even rent $656
Max offer price $75,000
Occupancy floor 35%

Sensitivity live

Price -10% $1,662 -5% $1,637 +0% $1,611 +5% $1,585 +10% $1,559
Rent -10% $1,398 -5% $1,504 +0% $1,611 +5% $1,717 +10% $1,824
Rate -1.0pp $1,648 -0.5pp $1,630 base $1,611 +0.5pp $1,591 +1.0pp $1,571

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
$18,750
Closing costs
$2,250
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 38 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3600 W Hillsboro Blvd Coconut Creek, FL 1.0–3.0 1.0–2.0 1128 $2,417 $2.14 0d 13 0.28mi
6352 NW 36th Ave Coconut Creek, FL 3.0 2.0 1392 $3,500 $2.51 26d 1 0.37mi
3621 W Hillsboro Blvd Coconut Creek, FL 1.0–2.0 1.0–2.5 961 $2,516 $2.62 0d 7 0.37mi
11 NW 45th Ave Deerfield Beach, FL 1.0–3.0 1.0–2.5 1097 $2,640 $2.41 0d 17 0.56mi
4359 SW 10th Pl Deerfield Beach, FL 2.0 2.0 1070 $2,409 $2.25 9d 1 0.91mi
4359 SW 10th Pl Deerfield Beach, FL 2.0 2.0 1070 $2,399 $2.24 4d 1 0.91mi
4359 SW 10th Pl Deerfield Beach, FL 1.0 1.0 718 $1,913 $2.66 23d 1 0.91mi
4400 NW 6th St Deerfield Beach, FL 1.0–2.0 1.0–2.0 875 $2,387 $2.73 0d 9 0.92mi
4453 SW 11th Pl Deerfield Beach, FL 3.0 2.5 1386 $3,150 $2.27 23d 1 0.93mi
1186 SW 44th Ave Deerfield Beach, FL 3.0 2.0 1337 $2,875 $2.15 12d 1 1.02mi
1275 SW 48th Ter Unit 1275 Deerfield Beach, FL 2.0 2.0 1264 $2,600 $2.06 14d 1 1.04mi
5514 NW 41st Ter Coconut Creek, FL 3.0 2.0 1378 $3,900 $2.83 21d 1 1.04mi
1310 SW 48th Ter Unit 1310 Deerfield Beach, FL 3.0 2.0 1495 $3,900 $2.61 26d 1 1.06mi
1455 SW 48th Ter Unit 1455 Deerfield Beach, FL 3.0 2.5 1386 $2,790 $2.01 22d 1 1.21mi
65 Centennial Ct Deerfield Beach, FL 3.0 2.0 1466 $3,000 $2.05 7d 1 1.23mi
11 Capitol Ct Unit 11 Deerfield Beach, FL 3.0 2.0 1375 $3,400 $2.47 26d 1 1.25mi
5400 Lyons Rd Coconut Creek, FL 1.0–3.0 1.0–2.0 1072 $2,408 $2.25 0d 44 1.26mi
4814 NW 58th Mnr Coconut Creek, FL 2.0 2.5 1407 $2,600 $1.85 18d 1 1.27mi
4814 NW 58th Mnr Coconut Creek, FL 2.0 2.5 1407 $2,500 $1.78 7d 1 1.27mi
206 Congressional Way #206 Deerfield Beach, FL 2.0 2.0 1150 $2,600 $2.26 26d 1 1.30mi
23466 Lyons Rd #504 Boca Raton, FL 2.0 2.0 1127 $2,300 $2.04 26d 1 1.30mi
283 NW 36th Ave Deerfield Beach, FL 2.0 2.0 976 $2,500 $2.56 26d 1 1.32mi
315 NW 36th Ave Deerfield Beach, FL 2.0 2.0 1080 $2,500 $2.31 26d 1 1.33mi
23442 Lyons Rd #406 Boca Raton, FL 2.0 2.0 1218 $2,300 $1.89 26d 1 1.34mi
23312 SW 53rd Ave Unit C Boca Raton, FL 3.0 2.5 1412 $3,100 $2.20 26d 1 1.34mi
299 NW 36th Ave Deerfield Beach, FL 2.0 2.0 976 $2,300 $2.36 0d 1 1.34mi
299 NW 36th Ave Deerfield Beach, FL 2.0 2.0 976 $2,300 $2.36 3d 1 1.34mi
6950 Long Pine Cir Unit 6950 Coconut Creek, FL 3.0 2.5 1449 $3,200 $2.21 16d 1 1.36mi
5201 W Hillsboro Blvd Coconut Creek, FL 1.0–3.0 1.0–2.0 1072 $2,835 $2.64 0d 28 1.37mi
710 Freedom Ct Deerfield Beach, FL 2.0 2.0 1151 $2,400 $2.09 26d 1 1.37mi
23398 Lyons Rd #309 Boca Raton, FL 2.0 2.0 988 $2,200 $2.23 15d 1 1.37mi
23398 SW 57th Ave Boca Raton, FL 2.0 2.0 988 $2,150 $2.18 6d 2 1.38mi
51 Tilford S Unit 51 Deerfield Beach, FL 2.0 1.5 820 $1,800 $2.20 26d 1 1.40mi
539 NW 36th Ave #539 Deerfield Beach, FL 2.0 2.0 1032 $3,300 $3.20 26d 1 1.42mi
23106 Oxford Pl Unit D Boca Raton, FL 2.0 2.5 1302 $2,600 $2.00 7d 1 1.42mi
7773 La Mirada Dr Boca Raton, FL 2.0 2.0 1300 $4,500 $3.46 12d 1 1.43mi
8951 SW 19th St Unit A Boca Raton, FL 2.0 2.0 1196 $2,800 $2.34 18d 1 1.43mi
206 Lincoln Ct Deerfield Beach, FL 3.0 2.0 1150 $3,500 $3.04 26d 1 1.44mi

Listing history 20 events

  1. 2026-06-21
    days on market $75,000 Active 69 DOM
  2. 2026-06-18
    days on market $75,000 Active 66 DOM
  3. 2026-06-17
    days on market $75,000 Active 65 DOM
  4. 2026-06-16
    days on market $75,000 Active 64 DOM
  5. 2026-06-15
    days on market $75,000 Active 63 DOM
  6. 2026-06-13
    days on market $75,000 Active 61 DOM
  7. 2026-06-09
    days on market $75,000 Active 57 DOM
  8. 2026-06-08
    days on market $75,000 Active 56 DOM
  9. 2026-06-07
    days on market $75,000 Active 55 DOM
  10. 2026-06-04
    days on market $75,000 Active 52 DOM
  11. 2026-06-03
    days on market $75,000 Active 51 DOM
  12. 2026-06-02
    days on market $75,000 Active 50 DOM
  13. 2026-06-01
    days on market $75,000 Active 49 DOM
  14. 2026-05-31
    days on market $75,000 Active 48 DOM
  15. 2026-04-10
    listed $79,900 Active
  16. 2021-03-25
    historical
  17. 2021-03-24
    price $44,900
  18. 2021-03-17
    listed $49,900 Active
  19. 2016-07-20
    historical
  20. 2016-05-10
    listed $21,000 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 ≥107°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 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
$32,338
− Mortgage interest
−$4,201
− Property taxes
−$1,125
− Insurance
−$375
− Repairs & maintenance
−$2,587
− Management
−$2,587
− Depreciation
−$2,182
Taxable income
$19,281
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$4,627
After-tax cash flow
$14,700/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 — Coconut Creek

Score
85/100
State rank
#30
US rank
#617

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Coconut Creek, FL
County
Broward County · 1,963,430 people
City population
50,557
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
33,838
Household income
$97,412
Rent vs Own
43.9% rent · 56.1% own
Severe rent burden
1109.0

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 0.70)
Race & ethnicity
White 43% Hispanic / Latino 28% Two or more races 18% Black 17% Asian 3%
Hispanic origin (detail)
Mexican 2% Puerto Rican 4% Cuban 4% Dominican 2%
Common ancestry
Estonian 6% Hispanic 3% Romanian 2%
Foreign-born
35% · Canada, Jamaica, China
Languages at home
58% English-only · Spanish 23% Other Indo-European 11% 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
▼ -0.77%
Current HPI
337.0725
Rent YoY
▲ 1.64%
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

+280.5% since first listed
6 events — show timeline
  • 2026-04-10 Listed $79,900 Beaches MLS
  • 2021-03-25 Listing Removed Beaches MLS
  • 2021-03-24 Price Changed $44,900 Beaches MLS
  • 2021-03-17 Listed $49,900 Beaches MLS
  • 2016-07-20 Listing Removed MARMLS
  • 2016-05-10 Listed $21,000 MARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…