6575 W Oakland Park Blvd #202 · Lauderhill, 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 10/10 · Severe
- Hot days now (above 105°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 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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 +20.9/30.0
- 1% rule +9.1/10.0
- ARV discount +7.5/15.0
- DSCR +6.6/10.0
- Schools +4.1/10.0
- Livability +4.0/5.0
- Rent growth +2.6/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$139,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Come home to the Isles of Inverrary - private condo living. This is a 1000 SQFT 2BD / 2BA 2nd floor unit that is ready for move in. Washer and dryer in the unit. Tranquil grounds and common area. Community pool w/ clubhouse overlooking a lake. This p roperty is eligible for the Freddie Mac First Look program until 01/18/2012. Investors won't be considerd until then. Provide your clients Highest and Best offer as this unit will sell fast. Quick reply and quick closing.
Key facts
- Laminate floors
- Walk-in closet
- Screened porch
Tags
Property features AI
Finance
- Other: Pets not allowed
- Financial info: No land lease
- HOA & community: HOA dues paid monthly; HOA includes insurance, grounds maintenance, structure maintenance, sewer, trash, water, elevator, roof repairs, recreation facility, and pool service; Community amenities: Parking, Pool
Exterior
- Parking: Assigned parking; Guest parking; 2 parking spaces
- Security: Key card entry; Other security features
- Utilities: Public water; Other utilities
- Home design: Condominium; Second-floor entry; Faces south; 5-story building; Resale condition
- Construction: CBS construction; Other roof
- Exterior features: Screened patio; Patio; Waterfront (no specific waterfront features)
Interior
- Kitchen: Electric range; Dishwasher; Microwave; Refrigerator; Garbage disposal; Electric water heater
- Bedrooms: 2 main-level bedrooms
- Flooring: Laminate; Tile
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating (electric); Central air conditioning (electric); Ceiling fans
- Interior features: Walk-in closets; Sliding windows
- Laundry & utility: Unfurnished
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $140k.
Deal economics
- At list price, monthly cash flow is $194 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $140k).
- Recommended offer: $136k (3.0% below list) — sets the bar for market timing.
- Cap rate 8.0% vs local median 4.3% in Lauderhill — 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 79/100 on livability (#139 in FL, #2,059 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D, employment D, 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.
- Market conditions: Rents flat; 664 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 $1,971/mo this rent would consume 51% of the median local household income ($46k/yr) (locally 5692% 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 $967 of loan paydown is wiped out by about $4k 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 59 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
- Current owner paid $42k; list at $140k implies a 233% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: HOA is 20% 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.
Questions for the listing agent
- It's been on market 59 days. Have you received any prior offers? Is the seller open to a 3% 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?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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
- 1.41% ✓
- Cap rate
- 7.96%
- Cash-on-cash
- 5.96%
- DSCR
- 1.26
- GRM
- 5.9
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.26% rent growth · sell at horizon
- IRR
- -11.2%
- Equity multiple
- 0.61×
- Total profit
- $-15,306
- Equity at exit
- $20,860
- IRR
- -8.2%
- Equity multiple
- 0.57×
- Total profit
- $-16,824
- Equity at exit
- $12,096
Cash invested: $39,172 (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
ZIP-level market 33313
- Rents YoY
- 0.3%
- Active inventory
- 664
- Price-to-rent
- 5.9×
Monthly cashflow live
- Estimated rent
- $1,971 high interval (Pro) →
- Mortgage (P&I)
- −$734
- Tax from tax record
- −$171 /mo · $2,052/yr
- Insurance
- −$58
- HOA
- −$400
- Vacancy / Maint / Mgmt
- −$414
- Net cashflow
- $194
Break-even live
Sensitivity live
| Price | -10% $274 | -5% $234 | +0% $194 | +5% $155 | +10% $115 |
|---|---|---|---|---|---|
| Rent | -10% $39 | -5% $117 | +0% $194 | +5% $272 | +10% $350 |
| Rate | -1.0pp $265 | -0.5pp $230 | base $194 | +0.5pp $158 | +1.0pp $121 |
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
- $34,975
- Closing costs
- $4,197
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 6575 W Oakland Park Blvd #218 Lauderhill, FL | 2.0 | 2.0 | 1110 | $2,000 | $1.80 | 25d | 1 | 0.01mi |
| 6575 W Oakland Park Blvd #214 Lauderhill, FL | 2.0 | 2.0 | 1000 | $1,900 | $1.90 | 15d | 1 | 0.01mi |
| 6475 W Oakland Park Blvd Lauderhill, FL | 1.0 | 1.5 | 800 | $1,600 | $2.00 | 25d | 1 | 0.06mi |
| 6701 W Oakland Park Blvd Fort Lauderdale, FL | 1.0–2.0 | 1.0–2.0 | 1000 | $2,359 | $2.36 | 0d | 9 | 0.14mi |
| 3301 Spanish Moss Ter Lauderhill, FL | 2.0 | 2.0 | 1090 | $1,900 | $1.74 | 18d | 3 | 0.23mi |
| 3280 Spanish Moss Ter #103 Lauderhill, FL | 2.0 | 2.0 | 1200 | $1,850 | $1.54 | 25d | 1 | 0.26mi |
| 2921 NW 68th Ter #1 Sunrise, FL | 2.0 | 2.0 | 975 | $1,900 | $1.95 | 25d | 1 | 0.28mi |
| 2921 NW 68th Ter #1 Sunrise, FL | 2.0 | 2.0 | 975 | $1,900 | $1.95 | 8d | 1 | 0.28mi |
| 3300 Spanish Moss Ter #302 Lauderhill, FL | 2.0 | 2.0 | 1200 | $1,950 | $1.62 | 15d | 1 | 0.31mi |
| 3300 Spanish Moss Ter Lauderhill, FL | 2.0 | 2.0 | 1200 | $1,900 | $1.58 | 25d | 1 | 0.31mi |
| 2915 NW 60th Ave Sunrise, FL | 2.0 | 2.0 | 1010 | $2,100 | $2.08 | 25d | 1 | 0.33mi |
| 3360 Spanish Moss Ter #408 Lauderhill, FL | 2.0 | 2.0 | 1200 | $1,850 | $1.54 | 15d | 1 | 0.40mi |
| 3360 Spanish Moss Ter #313 Lauderhill, FL | 2.0 | 2.0 | 1200 | $1,699 | $1.42 | 25d | 1 | 0.40mi |
| 3360 Spanish Moss Ter #305 Lauderhill, FL | 3.0 | 2.0 | 1400 | $2,500 | $1.79 | 25d | 1 | 0.40mi |
| 6885 NW 27th Ct Sunrise, FL | 2.0 | 1.0 | 923 | $2,090 | $2.26 | 13d | 1 | 0.41mi |
| 3660 Inverrary Dr Lauderhill, FL | 1.0 | 1.0–1.5 | 725 | $1,799 | $2.48 | 8d | 3 | 0.44mi |
| 3660 Inverrary Dr Lauderhill, FL | 1.0 | 1.0–1.5 | 725 | $1,799 | $2.48 | 18d | 2 | 0.44mi |
| 3521 Environ Blvd Unit B503 Lauderhill, FL | 2.0 | 2.0 | 1390 | $2,200 | $1.58 | 25d | 1 | 0.44mi |
| 6108 NW 26th St Sunrise, FL | 1.0–3.0 | 1.0–2.0 | 925 | $2,138 | $2.31 | 0d | 45 | 0.45mi |
| 3774 Inverrary Blvd Lauderhill, FL | 1.0 | 1.5 | 726 | $1,638 | $2.26 | 3d | 2 | 0.46mi |
| 3774 Inverrary Blvd Lauderhill, FL | 1.0 | 1.5 | 726 | $1,638 | $2.26 | 25d | 2 | 0.46mi |
| 3774 Inverrary Blvd Unit 105P Lauderhill, FL | 1.0 | 1.5 | 726 | $1,675 | $2.31 | 3d | 1 | 0.46mi |
| 2759 NW 58th Ter Lauderhill, FL | 3.0 | 2.0 | 1200 | $2,750 | $2.29 | 25d | 1 | 0.46mi |
| 2686 NW 60th Way #169 Sunrise, FL | 3.0 | 2.5 | 1276 | $2,250 | $1.76 | 15d | 1 | 0.47mi |
| 2686 NW 60th Way #169 Sunrise, FL | 3.0 | 2.5 | 1276 | $2,250 | $1.76 | 6d | 1 | 0.47mi |
| 2686 NW 60th Way #169 Sunrise, FL | 3.0 | 2.5 | 1276 | $2,300 | $1.80 | 25d | 1 | 0.47mi |
| 6380 NW 25th Ct Sunrise, FL | 3.0 | 2.0 | 1315 | $3,500 | $2.66 | 25d | 1 | 0.48mi |
| 3670 Inverrary Dr Lauderhill, FL | 1.0 | 1.0–1.5 | 650 | $1,600 | $2.46 | 8d | 3 | 0.48mi |
| 3670 Inverrary Dr Lauderhill, FL | 1.0 | 1.0–1.5 | 650 | $1,450 | $2.23 | 16d | 2 | 0.48mi |
| 3670 Inverrary Dr Unit 1F Lauderhill, FL | 1.0 | 1.5 | 880 | $1,450 | $1.65 | 21d | 1 | 0.49mi |
| 3680 Inverrary Dr Unit 1V Lauderhill, FL | 2.0 | 2.0 | 1150 | $2,100 | $1.83 | 15d | 1 | 0.52mi |
| 3680 Inverrary Dr Unit 1V Lauderhill, FL | 2.0 | 2.0 | 1150 | $2,100 | $1.83 | 14d | 1 | 0.52mi |
| 3531 Inverrary Dr #108 Lauderhill, FL | 2.0 | 2.0 | 904 | $1,850 | $2.05 | 0d | 1 | 0.53mi |
| 2620 E Aragon Blvd #3 Sunrise, FL | 3.0 | 2.0 | 1435 | $3,200 | $2.23 | 25d | 1 | 0.54mi |
| 5958 NW 25th Ct #218 Sunrise, FL | 3.0 | 2.5 | 1355 | $2,800 | $2.07 | 19d | 1 | 0.55mi |
| 3571 Inverrary Dr Lauderhill, FL | 2.0 | 2.0 | 987 | $1,625 | $1.65 | 0d | 2 | 0.55mi |
| 3571 Inverrary Dr #403 Lauderhill, FL | 2.0 | 2.0 | 1070 | $1,600 | $1.50 | 21d | 1 | 0.56mi |
| 3571 Inverrary Dr #305 Lauderhill, FL | 2.0 | 2.0 | 904 | $1,650 | $1.83 | 25d | 1 | 0.56mi |
| 2534 NW 73rd Ave Sunrise, FL | 1.0 | 1.0 | 950 | $1,750 | $1.84 | 25d | 1 | 0.57mi |
| 5730 NW 27th Ct Lauderhill, FL | 3.0 | 2.0 | 1200 | $2,600 | $2.17 | 6d | 1 | 0.58mi |
HOA detail condo
- Monthly dues
- $400 · $4,800/yr
- Likely covers
- landscapingpool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 19 events
-
2026-06-21days on market $139,900 Active 59 DOM
-
2026-06-18days on market $139,900 Active 56 DOM
-
2026-06-17days on market $139,900 Active 55 DOM
-
2026-06-16days on market $139,900 Active 54 DOM
-
2026-06-15days on market $139,900 Active 53 DOM
-
2026-06-13days on market $139,900 Active 51 DOM
-
2026-06-09days on market $139,900 Active 47 DOM
-
2026-06-08days on market $139,900 Active 46 DOM
-
2026-06-07days on market $139,900 Active 45 DOM
-
2026-06-04days on market $139,900 Active 42 DOM
-
2026-06-03days on market $139,900 Active 41 DOM
-
2026-06-02days on market $139,900 Active 40 DOM
-
2026-06-01days on market $139,900 Active 39 DOM
-
2026-05-31days on market $139,900 Active 38 DOM
-
2026-01-09$139,900 Active
-
2012-05-02soldstatus $42,000 473-char remark
Show marketing remark (473 chars)
Come home to the Isles of Inverrary - private condo living. This is a 1000 SQFT 2BD / 2BA 2nd floor unit that is ready for move in. Washer and dryer in the unit. Tranquil grounds and common area. Community pool w/ clubhouse overlooking a lake. This p roperty is eligible for the Freddie Mac First Look program until 01/18/2012. Investors won't be considerd until then. Provide your clients Highest and Best offer as this unit will sell fast. Quick reply and quick closing.
-
2005-04-04soldstatus $140,000
-
2004-10-06soldstatus $100,000
-
1983-03-01soldstatus $69,900
ⓘ 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
- $2,052 · $171/mo
- Projected year-2 tax
- $2,052 · $171/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 10/10 Extreme 7 d/yr ≥105°F today · 25 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 3 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
- $23,655
- − Mortgage interest
- −$7,837
- − Property taxes
- −$2,052
- − Insurance
- −$700
- − Repairs & maintenance
- −$1,892
- − Management
- −$1,892
- − HOA
- −$4,800
- − Depreciation
- −$4,070
- Taxable income
- $413
- Est. tax owed @ 24.0%
- −$99
- After-tax cash flow
- $2,234/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 — Lauderhill
- Score
- 79/100
- State rank
- #139
- US rank
- #2059
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Lauderhill, FL
- County
- Broward County · 1,963,430 people
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 62,807
- Household income
- $46,305
- Rent vs Own
- Severe rent burden
- 5692.0
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
- Predominantly Black (77%)
- Race & ethnicity
- Black 77% Hispanic / Latino 12% Two or more races 8% White 7% Asian 2%
- Hispanic origin (detail)
- Puerto Rican 2% Cuban 3% Dominican 1%
- Common ancestry
- Hispanic 20%
- Foreign-born
- 39% · Canada, Jamaica, Dominican Republic
- Languages at home
- 66% English-only · French/Haitian/Cajun 22% Spanish 10%
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
- ▼ -338.15%
- Current HPI
- 288.9345
- Rent YoY
- ▲ 0.26%
- 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 |
|
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| Technology Distribution | 1 | $58B |
|
||
| Homebuilding | 1 | $35B |
|
||
| Technology Manufacturing | 1 | $35B |
|
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Price history
+100.1% since first listed5 events — show timeline
- 2026-01-09 Listed $139,900 Beaches MLS
- 2012-05-02 Sold (MLS) $42,000 MARMLS
- 2005-04-04 Sold (Public Records) $140,000 Public Records
- 2004-10-06 Sold (Public Records) $100,000 Public Records
- 1983-03-01 Sold (Public Records) $69,900 Public Records
Property tax history
+1.1%/yrLatest (2025): $2,052 · +1.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…