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180 Markham I #180
D Composite 41.18
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 +8.5/30.0
  • 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
  • DSCR +2.3/10.0
  • Appreciation +0.0/10.0

$99,000

180 Markham I #180 · Deerfield Beach, FL 33442
1 bd · 1.5 ba · 703 sqft · Condo · 99 Days on market
Built 1974 $676/mo HOA · 42% of rent ↓ 6% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

welcome home. This 1 bed 1.5 bath located on the first floor in the highly sought after Century Village is move in ready! welcome home. This 1 bed 1.5 bath located on the first floor in the highly sought after Century Village is move in ready! Great location in the center of the village with direct access to Powerline Road. Uni is located just steps from the mail room and washer and dryer. washer/dryer is $2 per use. Century Village is a secure, gated 55+ community with resort style amenities. completely renovated 92,000sf club house featuring a fitness center, indoor wave pool, hobby and craft rooms, billiards, card rooms, a library, and a massive theater that hosts live shows, movies, and

Key facts

  • Fitness center
  • Indoor wave pool
  • First floor

Tags

FIRST FLOORSECURE GATED COMMUNITYRESORT STYLE AMENITIESFITNESS CENTERINDOOR WAVE POOLHOBBY AND CRAFT ROOMS

Property features AI

Finance

  • Other: Pets allowed with no restrictions
  • HOA & community: Homeowners association with monthly fee; HOA fee: $676 per month; Association amenities: Clubhouse, Security, Maintenance; Senior community

Exterior

  • Security: Security guard; Key card entry; Security patrol
  • Utilities: Cable available
  • Home design: Condominium; Resale; 2 stories total; Entry level: 1
  • Construction: Construction materials: Other
  • Exterior features: Patio; First-floor entry

Interior

  • Kitchen: Microwave; Refrigerator
  • Bedrooms: 1 bedroom on the main level
  • Flooring: Ceramic tile flooring
  • Bathrooms: 1 full bathroom; 1 half bathroom
  • Heating & cooling: Has heating (type: Other); Wall/window air conditioning units
  • Interior features: Microwave; Refrigerator

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 1-bed/1.5-bath condo listed at $99k.

Deal economics

  • At list price, monthly cash flow is $-87 ($-1k/yr) — negative.
  • To cash-flow at today's rent, offer at most $86k (12.7% below list).
  • Meets the 1% rule at list price ($2k rent vs $99k).
  • Recommended offer: $86k (12.7% below list) — sets the bar for cash-flow.
  • Cap rate 5.2% vs local median 4.2% in Deerfield Beach — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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: schools D-, 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.
  • Market conditions: Rents flat; 586 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 36% of the median local income ($53k/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 $684 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 99 days — a 9% lower offer ($90k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: HOA is 42% of rent.
Recommended offer $86,393 (12.7% below list)

Questions for the listing agent

  1. 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?
  2. It's been on market 99 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
  3. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. 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?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. 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?
  9. 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?
  10. 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.
  11. 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.
  12. 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
1.63%
Cap rate
5.24%
Cash-on-cash
-3.77%
DSCR
0.83
GRM
5.1

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
-29.3%
Equity multiple
0.07×
Total profit
$-25,721
Equity at exit
$14,761
10-year hold
IRR
-80.1%
Equity multiple
-0.64×
Total profit
$-45,450
Equity at exit
$8,560

Cash invested: $27,720 (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
586
Price-to-rent
5.1×

Monthly cashflow live

Estimated rent
$1,611 high interval (Pro) →
Mortgage (P&I)
$519
Tax est. 1.5%
$124 /mo · $1,485/yr
Insurance
$41
HOA
$676
Vacancy / Maint / Mgmt
$338
Net cashflow
$-87

Break-even live

Break-even rent $1,722
Max offer price $86,393
Occupancy floor

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
$24,750
Closing costs
$2,970
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 35 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
308 Markham N Deerfield Beach, FL 1.0 1.5 700 $1,200 $1.71 24d 1 0.09mi
436 Markham S #436 Deerfield Beach, FL 1.0 1.0 585 $1,400 $2.39 24d 1 0.16mi
358 Markham Cres Unit 358 Deerfield Beach, FL 1.0 1.5 700 $1,500 $2.14 24d 1 0.17mi
111 Oakridge I #111 Deerfield Beach, FL 1.0 1.5 706 $1,595 $2.26 24d 1 0.30mi
306 Newport T #306 Deerfield Beach, FL 1.0 1.0 585 $1,350 $2.31 24d 1 0.31mi
111 Tilford F #111 Deerfield Beach, FL 1.0 1.0 585 $1,500 $2.56 20d 1 0.33mi
111 Tilford F #111 Deerfield Beach, FL 1.0 1.0 585 $1,500 $2.56 5d 1 0.33mi
125 Newport I Unit I Deerfield Beach, FL 1.0 1.5 700 $1,600 $2.29 24d 1 0.42mi
181 Tilford I Unit I Deerfield Beach, FL 1.0 1.5 700 $1,350 $1.93 24d 1 0.43mi
25 Newport Ct Unit 25 Deerfield Beach, FL 1.0 1.0 700 $1,549 $2.21 24d 1 0.43mi
27 Newport B Deerfield Beach, FL 1.0 1.5 700 $1,550 $2.21 22d 1 0.43mi
295 Newport Dr Unit 295 Deerfield Beach, FL 1.0 1.0 595 $1,450 $2.44 24d 1 0.44mi
226 Newport O Deerfield Beach, FL 1.0 1.5 700 $1,600 $2.29 3d 1 0.46mi
226 Newport O Deerfield Beach, FL 1.0 1.5 700 $1,700 $2.43 24d 1 0.46mi
188 Prescott E Unit 188 Deerfield Beach, FL 1.0 1.5 700 $1,800 $2.57 24d 1 0.48mi
181 Newport Ct #181 Deerfield Beach, FL 1.0 1.5 700 $1,650 $2.36 24d 1 0.49mi
20 Prescott E Unit 20 Deerfield Beach, FL 1.0 1.5 700 $1,600 $2.29 24d 1 0.49mi
170 Newport K Deerfield Beach, FL 1.0 1.0 585 $1,430 $2.44 24d 1 0.49mi
137 Farnham F Deerfield Beach, FL 1.0 1.5 708 $2,000 $2.82 24d 1 0.54mi
178 Durham E Unit 178 Deerfield Beach, FL 1.0 1.0 593 $1,350 $2.28 3d 1 0.54mi
178 Durham E Unit 178 Deerfield Beach, FL 1.0 1.0 593 $1,350 $2.28 11d 1 0.54mi
137 Farnham F #137 Deerfield Beach, FL 1.0 1.5 700 $2,500 $3.57 24d 1 0.54mi
3016 Cambridge A Unit A Deerfield Beach, FL 1.0 1.5 700 $1,350 $1.93 24d 1 0.57mi
384 Durham Cir Unit 384 Deerfield Beach, FL 1.0 1.0 593 $1,400 $2.36 24d 1 0.57mi
329 Farnham P #329 Deerfield Beach, FL 1.0 1.5 700 $1,450 $2.07 24d 1 0.63mi
127 Westbury Cir Deerfield Beach, FL 1.0 1.0 585 $1,425 $2.44 24d 1 0.63mi
102 Westbury E #102 Deerfield Beach, FL 1.0 1.0 585 $1,900 $3.25 7d 1 0.65mi
98 Westbury E #98 Deerfield Beach, FL 1.0 1.0 585 $1,600 $2.74 24d 1 0.65mi
6 Ventnor a Deerfield Beach, FL 1.0 1.0 600 $1,429 $2.38 24d 1 0.65mi
125 Westbury E Deerfield Beach, FL 1.0 1.0 585 $1,600 $2.74 24d 1 0.67mi
149 Westbury I #149 Deerfield Beach, FL 1.0 1.0 585 $1,700 $2.91 24d 1 0.68mi
260 Prescott N Unit 260 Deerfield Beach, FL 1.0 1.5 700 $1,500 $2.14 24d 1 0.70mi
41 Deer Creek Rd Unit G106 Deerfield Beach, FL 1.0 550 $1,850 $3.36 24d 1 0.75mi
731 Cypress Ln Unit D Pompano Beach, FL 1.0 1.0 605 $1,650 $2.73 18d 1 1.33mi
660 Cypress Club Way Unit L11 Deerfield Beach, FL 1.0 1.0 605 $1,625 $2.69 12d 1 1.35mi

HOA detail condo

Monthly dues
$676 · $8,112/yr
Likely covers
poolgymsecurity
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 14 events

  1. 2026-06-18
    days on market $99,000 Active 99 DOM
  2. 2026-06-17
    days on market $99,000 Active 98 DOM
  3. 2026-06-16
    days on market $99,000 Active 97 DOM
  4. 2026-06-15
    days on market $99,000 Active 96 DOM
  5. 2026-06-13
    days on market $99,000 Active 94 DOM
  6. 2026-06-09
    days on market $99,000 Active 90 DOM
  7. 2026-06-07
    days on market $99,000 Active 88 DOM
  8. 2026-06-04
    days on market $99,000 Active 85 DOM
  9. 2026-06-03
    days on market $99,000 Active 84 DOM
  10. 2026-06-02
    days on market $99,000 Active 83 DOM
  11. 2026-06-01
    days on market $99,000 Active 82 DOM
  12. 2026-05-31
    days on market $99,000 Active 81 DOM
  13. 2026-03-24
    price $99,000
  14. 2026-01-07
    listed $105,000 Active

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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$19,337
− Mortgage interest
−$5,546
− Property taxes
−$1,485
− Insurance
−$495
− Repairs & maintenance
−$1,547
− Management
−$1,547
− HOA
−$8,112
− Depreciation
−$2,880
Taxable loss
−$2,274
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$546
After-tax cash flow
$-500/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

-5.7% since first listed
2 events — show timeline
  • 2026-03-24 Price Changed $99,000 Beaches MLS
  • 2026-01-07 Listed $105,000 Beaches MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…