6585 Kensington Ln #307 · Delray Beach, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +19.6/30.0
- ARV discount +15.0/15.0
- 1% rule +7.5/10.0
- DSCR +6.4/10.0
- Appreciation +5.3/10.0
- Schools +5.2/10.0
- Livability +3.9/5.0
- Condition / age +3.8/5.0
- Rent growth +2.6/5.0
$145,000
6585 Kensington Ln #307 · Delray Beach, FL 33446
2 bd · 2.0 ba · 1,070 sqft · Condo
public records
· 180 Days on market
55+ age-restricted
Built 1981
$136/sqft
· 32% below area
Est $212k · 32% under
$837/mo HOA · 31% of rent
↓ 42% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Introducing Huntington Lakes - an Active Adult Community that offers a cozy and spacious two-bedroom and two-bathroom unit. The unit features bright interiors and two separate entrances that lead to an oversized screened patio with storm shutters, perfect for enjoying your morning coffee or evening relaxation. The master bedroom features two walk-in closets and an en suite bathroom with a shower stall. Additionally, the unit includes a laundry room and a large kitchen pantry. The brand-new Clubhouse is the perfect place to engage in daily activities. Enjoy trails, theater, pickleball, bocce, tennis, pools, sauna, and even a local shuttle bus.
Key facts
- En suite bathroom
- Large kitchen pantry
- Two walk-in closets
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $145k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $287 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $145k).
- Recommended offer: $128k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.7% vs local median 4.1% in Delray 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 77/100 on livability (#202 in FL, #3,160 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, commute A-; Watch: cost of living C-, crime D-, amenities 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: Hagen Road Elementary School (math 55% / reading 63%, grade B-, #722 of 2,144 statewide, top 34%, 773 students, 46% FRL); Carver Middle School (math 22% / reading 34%, grade F, #486 of 571 statewide, top 86%, 732 students, 73% FRL); Spanish River Community High School (math 64% / reading 74%, grade B, #63 of 667 statewide, top 10%, 2,578 students, 25% FRL) — zoned schools at 48% FRL track the district average.
- Market conditions: Rents flat; 810 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 51d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 82% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
- This rent runs 41% of the median local income ($80k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $2k of equity ($1k loan paydown + $996 appreciation (0.7% 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 (0.7% appreciation + 0.5% rent growth), your $41k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 180 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Watch-outs: HOA is 31% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$127,600
(12.0% below list)
Questions for the listing agent
- It's been on market 180 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.89% ✓
- Cap rate
- 8.67%
- Cash-on-cash
- 8.49%
- DSCR
- 1.38
- GRM
- 4.4
CMA / ARV
- ARV (median comp)
- $212,368
- List price
- $145,000
- Delta
- -31.72%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 7321 Amberly Ln #302 | 0.85mi | 2/2.0 | 1,080 (+1%) | 0mo | $227,000 | $210 | 63 |
| 14897 Bal Moral Ln #105 | 0.89mi | 2/2.0 | 1,040 (-3%) | 0mo | $185,000 | $178 | 60 |
| 14519 Canalview Dr Unit B | 1.09mi | 1/2.0 (-1) | 1,068 (-0%) | 0mo | $172,000 | $161 | 60 |
| 5884 Morningstar Cir #406 | 0.84mi | 2/2.0 | 1,113 (+4%) | 0mo | $149,000 | $134 | 58 |
| 10 Willowbrook #205 | 0.68mi | 2/2.0 | 1,005 (-6%) | 0mo | $142,500 | $142 | 58 |
| 33 Abbey Ln #207 | 0.49mi | 2/2.0 | 925 (-14%) | 0mo | $100,000 | $108 | 54 |
| 15451 Pembridge Dr #206 | 1.45mi | 2/2.0 | 1,150 (+8%) | 0mo | $208,000 | $181 | 52 |
| 5114 Lakefront Blvd | 1.44mi | 2/2.0 | 1,186 (+11%) | 0mo | $155,000 | $131 | 47 |
| 14080 Nesting Way Unit A | 1.28mi | 2/2.0 | 1,186 (+11%) | 0mo | $150,000 | $126 | 47 |
| 5705 Queen Palm Ct Unit D | 1.14mi | 2/2.0 | 1,211 (+13%) | 0mo | $130,000 | $107 | 43 |
| 14500 Stirling Way #403 | 0.95mi | 2/2.0 | 1,220 (+14%) | 0mo | $310,000 | $254 | 42 |
| 7260 Kinghurst Dr #205 | 0.77mi | 2/2.0 | 1,230 (+15%) | 0mo | $206,000 | $167 | 40 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
0.69% appreciation · 0.51% rent growth · sell at horizon
5-year hold
- IRR
- 6.5%
- Equity multiple
- 1.31×
- Total profit
- $12,677
- Equity at exit
- $47,152
10-year hold
- IRR
- 8.2%
- Equity multiple
- 1.87×
- Total profit
- $35,342
- Equity at exit
- $60,883
Cash invested: $40,600 (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.
Active competition Active MLS
- For sale now
- 6 active · 4 under contract
- Median asking
- $174,500 ($174/sqft)
- Median days on market
- 109 d
- This list price
- 50% of active listings are priced below it
- ARV vs active asking
- +14.0% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33446
- Home prices YoY
- 0.3%
- Rents YoY
- 0.5%
- Active inventory
- 810
- Price-to-rent
- 4.4×
Monthly cashflow live
↻
- Estimated rent
- $2,740 high interval (Pro) →
- Mortgage (P&I)
- −$760
- Tax from tax record
- −$220 /mo · $2,639/yr
- Insurance
- −$60
- HOA
- −$837
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$575
- Net cashflow
- $287
Break-even live
Break-even rent
$2,377
Max offer price
$145,000
Occupancy floor
85%
Sensitivity live
| Price | -10% $369 | -5% $328 | +0% $287 | +5% $246 | +10% $205 |
|---|---|---|---|---|---|
| Rent | -10% $71 | -5% $179 | +0% $287 | +5% $395 | +10% $504 |
| Rate | -1.0pp $360 | -0.5pp $324 | base $287 | +0.5pp $250 | +1.0pp $211 |
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
- $36,250
- Closing costs
- $4,350
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 6515 Kensington Ln #304 Delray Beach, FL | 1.0 | 2.0 | 1020 | $2,000 | $1.96 | 11d | 1 | 0.06mi |
| 14360 Strathmore Ln #204 Delray Beach, FL | 1.0 | 2.0 | 1020 | $2,200 | $2.16 | 40d | 1 | 0.07mi |
| 6410 Royal Manor Cir Delray Beach, FL | 3.0 | 2.0 | 1500 | $3,600 | $2.40 | 75d | 1 | 0.10mi |
| 6795 Huntington Ln #406 Delray Beach, FL | 2.0 | 2.0 | 990 | $2,500 | $2.53 | 116d | 1 | 0.13mi |
| 14475 Strathmore Ln #308 Delray Beach, FL | 2.0 | 2.0 | 1230 | $2,300 | $1.87 | 0d | 1 | 0.16mi |
| 14475 Strathmore Ln #602 Delray Beach, FL | 2.0 | 2.0 | 1230 | $2,550 | $2.07 | 47d | 1 | 0.16mi |
| 14475 Strathmore Ln Delray Beach, FL | 2.0 | 2.0 | 1230 | $2,225 | $1.81 | 75d | 2 | 0.17mi |
| 14475 Strathmore Ln Delray Beach, FL | 2.0 | 2.0 | 1230 | $2,225 | $1.81 | 51d | 2 | 0.17mi |
| 14475 Strathmore Ln Delray Beach, FL | 2.0 | 2.0 | 1230 | $2,325 | $1.89 | 90d | 2 | 0.17mi |
| 6866 Huntington Ln Delray Beach, FL | 2.0 | 2.0 | 1190 | $4,225 | $3.55 | 57d | 1 | 0.19mi |
| 6936 Huntington Ln #103 Delray Beach, FL | 2.0 | 2.0 | 1070 | $2,300 | $2.15 | 37d | 1 | 0.19mi |
| 6866 Huntington Ln Delray Beach, FL | 2.0 | 2.0 | 1230 | $4,225 | $3.43 | 60d | 1 | 0.19mi |
| 14527 Bonaire Blvd Delray Beach, FL | 2.0 | 2.0 | 1060 | $2,190 | $2.07 | 39d | 1 | 0.20mi |
| 6037 Pointe Regal Cir #307 Delray Beach, FL | 2.0 | 2.0 | 1392 | $3,000 | $2.16 | 5d | 1 | 0.26mi |
| 14623 Bonaire Blvd #502 Delray Beach, FL | 2.0 | 2.0 | 1060 | $1,750 | $1.65 | 3d | 1 | 0.31mi |
| 7076 Huntington Ln #608 Delray Beach, FL | 2.0 | 2.0 | 1230 | $2,599 | $2.11 | 36d | 1 | 0.31mi |
| 14623 Bonaire Blvd Delray Beach, FL | 1.0 | 2.0 | 925 | $1,800 | $1.95 | 39d | 1 | 0.31mi |
| 14307 Bedford Dr #302 Delray Beach, FL | 2.0 | 2.0 | 990 | $2,279 | $2.30 | 49d | 1 | 0.32mi |
| 14671 Bonaire Blvd #709 Delray Beach, FL | 2.0 | 2.0 | 1060 | $1,900 | $1.79 | 35d | 1 | 0.36mi |
| 14671 Bonaire Blvd #505 Delray Beach, FL | 1.0 | 2.0 | 925 | $1,600 | $1.73 | 120d | 1 | 0.36mi |
| 14575 Bonaire Blvd #309 Delray Beach, FL | 2.0 | 2.0 | 1060 | $1,800 | $1.70 | 20d | 1 | 0.36mi |
| 7145 Huntington Ln #408 Delray Beach, FL | 2.0 | 2.0 | 990 | $2,300 | $2.32 | 42d | 1 | 0.36mi |
| 14624 Three Ponds Trl Delray Beach, FL | 3.0 | 2.0 | 1411 | $3,250 | $2.30 | 113d | 1 | 0.37mi |
| 7146 Huntington Ln #403 Delray Beach, FL | 2.0 | 2.0 | 1070 | $3,000 | $2.80 | 75d | 1 | 0.37mi |
| 14556 Wiley Range Rd Delray Beach, FL | 2.0 | 2.0 | 1319 | $3,000 | $2.27 | 83d | 1 | 0.38mi |
| 14790 Bonaire Blvd #202 Delray Beach, FL | 1.0 | 1.5 | 765 | $1,700 | $2.22 | 33d | 1 | 0.38mi |
| 6234 Pointe Regal Cir Delray Beach, FL | 2.0 | 2.0 | 1217 | $3,899 | $3.20 | 120d | 1 | 0.38mi |
| 6557 Country Wood Way Delray Beach, FL | 3.0 | 2.0 | 1346 | $4,500 | $3.34 | 6d | 1 | 0.39mi |
| 6557 Country Wood Way Delray Beach, FL | 3.0 | 2.0 | 1346 | $4,500 | $3.34 | 31d | 1 | 0.39mi |
| 6528 Country Wood Way Delray Beach, FL | 3.0 | 2.0 | 1428 | $3,700 | $2.59 | 11d | 1 | 0.39mi |
| 6550 Country Wood Way Delray Beach, FL | 3.0 | 2.0 | 1408 | $4,000 | $2.84 | 120d | 1 | 0.41mi |
| 6550 Country Wood Way Delray Beach, FL | 3.0 | 2.0 | 1408 | $4,000 | $2.84 | 62d | 1 | 0.41mi |
| 6550 Country Wood Way Delray Beach, FL | 3.0 | 2.0 | 1408 | $4,000 | $2.84 | 100d | 1 | 0.41mi |
| 6372 Sleepy Willow Way Delray Beach, FL | 2.0 | 2.0 | 1344 | $3,975 | $2.96 | 120d | 1 | 0.41mi |
| 6372 Sleepy Willow Way Delray Beach, FL | 2.0 | 2.0 | 1344 | $3,975 | $2.96 | 110d | 1 | 0.41mi |
| 6372 Sleepy Willow Way Delray Beach, FL | 2.0 | 2.0 | 1344 | $5,500 | $4.09 | 45d | 1 | 0.41mi |
| 7192 Huntington Ln #307 Delray Beach, FL | 2.0 | 2.0 | 1070 | $3,500 | $3.27 | 114d | 1 | 0.41mi |
| 14111 Royal Vista Dr Delray Beach, FL | 2.0 | 2.0 | 1392 | $3,200 | $2.30 | 45d | 1 | 0.42mi |
| 14534 Highland Center Way Delray Beach, FL | 2.0 | 2.0 | 1319 | $3,400 | $2.58 | 103d | 1 | 0.42mi |
| 14608 Country Side Ln Delray Beach, FL | 2.0 | 2.0 | 1303 | $2,950 | $2.26 | 120d | 1 | 0.43mi |
Property features AI
Finance
- Other
- Located in a senior community
- Financial info
- Not a pet-friendly communityCommunity contains a large number of units
- HOA & community
- Community association with monthly HOAHOA amenities include pool, spa/hot tub, fitness center, clubhouse, community room, elevators, management and manager on site, tennis courts, pickleball and basketball courts, jogging path, storage, trash chute, street lights, and internet includedHOA dues collected monthly; fee covers cable TV, insurance, grounds maintenance, trash, water and elevator
Exterior
- Parking
- Assigned parking
- Security
- Gated community with guardSecurity lightsSecurity patrol
- Utilities
- Cable availableWater available
- Home design
- Condominium4 total storiesFaces eastResale property
- Construction
- CBS construction
- Exterior features
- Covered screened patioPatio
Interior
- Kitchen
- DishwasherElectric rangeMicrowaveRefrigeratorElectric water heater
- Bedrooms
- 2 bedrooms on the main level
- Flooring
- CarpetCeramic tileTile
- Bathrooms
- 2 full bathrooms on the main level
- Heating & cooling
- Central electric heatingCentral air conditioningCeiling fans
- Interior features
- Entrance foyerWalk-in closetsSplit bedroom layoutUnfurnished
- Laundry & utility
- Laundry closet inside the unit
HOA detail $837/mo · $10,044/yr condo
- Likely covers
- pool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-08-13days on market $145,000 Active 180 DOM
-
2026-08-12days on market $145,000 Active 179 DOM
-
2026-08-11days on market $145,000 Active 178 DOM
-
2026-08-10days on market $145,000 Active 177 DOM
-
2026-08-09days on market $145,000 Active 176 DOM
-
2026-08-08days on market $145,000 Active 175 DOM
-
2026-08-06days on market $145,000 Active 173 DOM
-
2026-08-05days on market $145,000 Active 172 DOM
-
2026-08-03days on market $145,000 Active 170 DOM
-
2026-07-31days on market $145,000 Active 167 DOM
-
2026-07-24days on market $145,000 Active 160 DOM
-
2026-07-23days on market $145,000 Active 159 DOM
-
2026-07-22days on market $145,000 Active 158 DOM
-
2026-07-21days on market $145,000 Active 157 DOM
-
2026-07-20days on market $145,000 Active 156 DOM
-
2026-07-18days on market $145,000 Active 154 DOM
-
2026-07-16days on market $145,000 Active 152 DOM
-
2026-07-15days on market $145,000 Active 151 DOM
-
2026-07-14days on market $145,000 Active 150 DOM
-
2026-07-13days on market $145,000 Active 149 DOM
-
2026-07-13days on market $145,000 Active 148 DOM
-
2026-07-12days on market $145,000 Active 147 DOM
-
2026-07-10days on market $145,000 Active 146 DOM
-
2026-07-09days on market $145,000 Active 145 DOM
-
2026-07-07days on market $145,000 Active 143 DOM
-
2026-07-06days on market $145,000 Active 142 DOM
-
2026-07-06days on market $145,000 Active 141 DOM
-
2026-07-05days on market $145,000 Active 140 DOM
-
2026-07-04days on market $145,000 Active 139 DOM
-
2026-07-02days on market $145,000 Active 138 DOM
-
2026-07-01days on market $145,000 Active 137 DOM
-
2026-06-30days on market $145,000 Active 136 DOM
-
2026-06-29days on market $145,000 Active 135 DOM
-
2026-06-28days on market $145,000 Active 134 DOM
-
2026-06-27days on market $145,000 Active 133 DOM
-
2026-06-26days on market $145,000 Active 132 DOM
-
2026-06-24days on market $145,000 Active 130 DOM
-
2026-06-22days on market $145,000 Active 128 DOM
-
2026-06-21days on market $145,000 Active 127 DOM
-
2026-06-18days on market $145,000 Active 124 DOM
-
2026-06-17days on market $145,000 Active 123 DOM
-
2026-06-16days on market $145,000 Active 122 DOM
-
2026-06-15days on market $145,000 Active 121 DOM
-
2026-06-13days on market $145,000 Active 119 DOM
-
2026-06-09days on market $145,000 Active 115 DOM
-
2026-06-07days on market $145,000 Active 113 DOM
-
2026-06-04days on market $145,000 Active 110 DOM
-
2026-06-03days on market $145,000 Active 109 DOM
-
2026-06-01days on market $145,000 Active 107 DOM
-
2026-05-31days on market $145,000 Active 106 DOM
ⓘ 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
- $2,639 · $220/mo
- Projected year-2 tax
- $2,639 · $220/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 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 · 25 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 · 2 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
- $32,886
- − Mortgage interest
- −$8,122
- − Property taxes
- −$2,639
- − Insurance
- −$725
- − Repairs & maintenance
- −$2,631
- − Management
- −$2,631
- − HOA
- −$10,044
- − Depreciation
- −$4,218
- Taxable income
- $1,875
combined federal + state — saved on this device
- Est. tax owed @ 24.0%
- −$450
- After-tax cash flow
- $2,997/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 · 10 photos
75/100
Cosmetic rehab
Est. rehab $5,350–$16,050 screening
This property is in good condition with cosmetic updates needed. Fresh paint and carpet would significantly enhance its resale and rental value.
Repairs flagged
- Minor Carpet — Worn but not damaged.
- Minor Paint — Slight fading in some areas.
- Minor Landscaping — Some areas could benefit from trimming and maintenance.
Value-add opportunities
- Both Paint — Fresh paint enhances curb appeal and interior aesthetics. ↑
- Both Carpet — New carpet would improve comfort and appearance. ↑
- Both Landscaping — Well-maintained landscaping enhances curb appeal and property value. ↑
- Both Kitchen and Bath Updates — Fresh updates would modernize the space and appeal to buyers/renters. ↑
- Both HVAC Maintenance — Regular maintenance ensures efficiency and reduces utility costs. ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
D
Composite school gradezoned avg 52/100
Zoned Schools
Elementary
Hagen Road Elementary School
B-
FL #722/2,144
Nat'l #8,048/41,679
Middle
Carver Middle School
F
FL #486/571
Nat'l #9,545/14,009
High
Spanish River Community High School
B
FL #63/667
Nat'l #2,354/17,239
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
B
Composite livability gradescore 77/100
Livability — Delray Beach
- Score
- 77/100
- State rank
- #202
- US rank
- #3160
Category grades
Amenities F
Commute A-
Cost of living C-
Crime D-
Employment B+
Housing A+
Health & safety A+
User ratings A
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Palm Beach County · 1,637,487 people
- City population
- 123,167
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 28,431
- Household income
- $80,187
- Rent vs Own
- Severe rent burden
- 24% of renters
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
- Predominantly White (79%)
- Race & ethnicity
- White 79% Hispanic / Latino 13% Two or more races 9% Black 4%
- Hispanic origin (detail)
- Puerto Rican 3% Dominican 1%
- Common ancestry
- Romanian 9% Scotch-Irish 9% Italian 2%
- Foreign-born
- 20% · Canada, Jamaica, Guatemala
- Languages at home
- 80% English-only · Spanish 12% Other Indo-European 2% French/Haitian/Cajun 2%
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
- ▲ 0.69%
- Current HPI
- 242.5138
- Rent YoY
- ▲ 0.51%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
-41.8% since first listed13 events — show timeline
- 2026-02-14 Listed $145,000 Beaches MLS
- 2025-12-29 Rental Removed $5,000 RMLSFL
- 2025-12-28 Listing Removed — Beaches MLS
- 2025-11-10 Price Changed $145,000 Beaches MLS
- 2025-06-05 Listed for Rent $5,000 RMLSFL
- 2025-06-04 Listed $154,900 Beaches MLS
- 2025-05-01 Listing Removed — Beaches MLS
- 2025-03-13 Price Changed $169,000 Beaches MLS
- 2024-12-24 Price Changed $189,000 Beaches MLS
- 2024-09-07 Price Changed $209,000 Beaches MLS
- 2024-06-10 Price Changed $219,000 Beaches MLS
- 2024-03-07 Price Changed $234,900 Beaches MLS
- 2024-02-12 Listed $249,000 Beaches MLS
Property tax history
+5.1%/yrLatest (2025): $2,639 · -7.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…