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1971 Juno Rd
C- Composite 53.59
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 +20.6/30.0
  • ARV discount +7.5/15.0
  • 1% rule +6.5/10.0
  • DSCR +6.5/10.0
  • Schools +4.3/10.0
  • Livability +3.2/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$287,500

1971 Juno Rd · Juno Ridge, FL 33408
2 bd · 1.0 ba · 864 sqft · Condo public records · 58 Days on market
Built 1973 $288/mo HOA · 9% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Sold individually or as a package with 1983 Juno Road, 1979 Juno Road and 1967 Juno Road. LA must accompany. 24 hour notice required. Tenant occupied.

Key facts

  • Kitchen with granite
  • Onsite laundry
  • Stainless appliances

Tags

CORNER UNITKITCHEN WITH GRANITESTAINLESS APPLIANCESONSITE LAUNDRYONE MILE FROM JUNO BEACH PARK

Property features AI

Finance

  • HOA & community: Community of 6 units; Pets allowed with possible restrictions (breed, number, size limits)

Exterior

  • Parking: Assigned parking; Driveway parking; Guest parking; 1 parking space total
  • Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected
  • Home design: Condominium; One story; Resale property; Faces south
  • Construction: CBS construction; Composition roof; Built as shown in public records
  • Exterior features: No waterfront; no waterfront features listed

Interior

  • Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
  • Bedrooms: 2 bedrooms on the main level
  • Flooring: Tile
  • Bathrooms: 1 full bathroom (main level)
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: No interior-specific features listed; Satellite dish
  • Laundry & utility: In-unit laundry; Common area laundry

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/1.0-bath condo listed at $288k.

Deal economics

  • At list price, monthly cash flow is $384 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $288k).
  • Recommended offer: $279k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 63/100 on livability (#725 in FL) — a middle-class / working-renter tenant base. Strengths: crime A, cost of living A-, employment B+; Watch: amenities F, commute F, housing 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: Howell L. Watkins Middle School (math 18% / reading 33%, grade F, #512 of 571 statewide, top 90%, 794 students, 76% FRL); William T. Dwyer High School (math 36% / reading 58%, grade D-, #207 of 667 statewide, top 32%, 2,206 students, 37% FRL) — zoned schools at 57% FRL track the district average.
  • Zoned-school proficiency averages 36% at this address vs 50% district-wide (-13 pts) — the specific schools serving this property underperform the Palm Beach average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents flat; 400 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
  • This rent runs 43% of the median local income ($92k/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 $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 58 days — a 3% lower offer ($279k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 18y 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.
  • Current owner paid $216k; 33% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $278,875 (3.0% below list)

Questions for the listing agent

  1. It's been on market 58 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. 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?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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.
  7. 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.
  8. 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
1.15%
Cap rate
7.90%
Cash-on-cash
5.72%
DSCR
1.25
GRM
7.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.27% rent growth · sell at horizon

5-year hold
IRR
-10.8%
Equity multiple
0.62×
Total profit
$-30,759
Equity at exit
$42,867
10-year hold
IRR
-6.4%
Equity multiple
0.64×
Total profit
$-28,761
Equity at exit
$24,858

Cash invested: $80,500 (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 33408

Rents YoY
0.3%
Active inventory
400
Price-to-rent
7.3×

Monthly cashflow live

Estimated rent
$3,296 high interval (Pro) →
Mortgage (P&I)
$1,508
Tax from tax record
$304 /mo · $3,653/yr
Insurance
$120
HOA
$288
Vacancy / Maint / Mgmt
$692
Net cashflow
$384

Break-even live

Break-even rent $2,810
Max offer price $287,500
Occupancy floor 83%

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
$71,875
Closing costs
$8,625
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 10 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1718 Ridge Rd North Palm Beach, FL 2.0 2.0 900 $2,950 $3.28 24d 1 0.26mi
12155 US Highway 1 North Palm Beach, FL 1.0–3.0 1.0–2.0 1297 $3,568 $2.75 1d 23 0.32mi
2100 PGA Blvd Palm Beach Gardens, FL 1.0–3.0 1.0–2.0 1044 $3,062 $2.93 1d 10 0.71mi
2802 Sarento Pl #204 Palm Beach Gardens, FL 2.0 2.0 1092 $3,500 $3.21 24d 1 0.85mi
2396 Easy St Unit A Palm Beach Gardens, FL 2.0 1.0 948 $3,500 $3.69 24d 1 0.88mi
3019 Alcazar Pl #107 Palm Beach Gardens, FL 1.0 1.0 1000 $3,000 $3.00 22d 1 1.05mi
3019 Alcazar Pl #107 Palm Beach Gardens, FL 1.0 1.0 1000 $2,900 $2.90 24d 1 1.05mi
50 Celestial Way Juno Beach, FL 2.0 2.0 975 $4,750 $4.87 11d 4 1.27mi
50 Celestial Way Juno Beach, FL 2.0 2.0 975 $4,725 $4.85 24d 5 1.27mi
700 Sanctuary Cove Dr West Palm Beach, FL 1.0–3.0 1.0–2.0 1120 $2,602 $2.32 1d 55 1.36mi

HOA detail condo

Monthly dues
$288 · $3,456/yr
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 29 events

  1. 2026-06-18
    days on market $287,500 Active 58 DOM
  2. 2026-06-17
    days on market $287,500 Active 57 DOM
  3. 2026-06-16
    days on market $287,500 Active 56 DOM
  4. 2026-06-15
    days on market $287,500 Active 55 DOM
  5. 2026-06-13
    days on market $287,500 Active 53 DOM
  6. 2026-06-09
    days on market $287,500 Active 49 DOM
  7. 2026-06-08
    days on market $287,500 Active 48 DOM
  8. 2026-06-07
    days on market $287,500 Active 47 DOM
  9. 2026-06-04
    days on market $287,500 Active 44 DOM
  10. 2026-06-03
    days on market $287,500 Active 43 DOM
  11. 2026-06-02
    days on market $287,500 Active 42 DOM
  12. 2026-06-01
    days on market $287,500 Active 41 DOM
  13. 2026-05-31
    days on market $287,500 Active 40 DOM
  14. 2026-04-21
    listed $287,500 Active
  15. 2023-08-19
    historical $2,100
  16. 2023-08-03
    price $2,100
  17. 2023-07-26
    price $2,150
  18. 2023-07-17
    price $2,200
  19. 2022-06-06
    soldstatus $216,250
  20. 2022-06-01
    soldstatus $216,250 Closed 150-char remark
    Show marketing remark (150 chars)

    Sold individually or as a package with 1983 Juno Road, 1979 Juno Road and 1967 Juno Road. LA must accompany. 24 hour notice required. Tenant occupied.

  21. 2022-02-27
    status Pending 150-char remark
    Show marketing remark (150 chars)

    Sold individually or as a package with 1983 Juno Road, 1979 Juno Road and 1967 Juno Road. LA must accompany. 24 hour notice required. Tenant occupied.

  22. 2022-02-08
    status Active 150-char remark
    Show marketing remark (150 chars)

    Sold individually or as a package with 1983 Juno Road, 1979 Juno Road and 1967 Juno Road. LA must accompany. 24 hour notice required. Tenant occupied.

  23. 2022-01-31
    status Pending 150-char remark
    Show marketing remark (150 chars)

    Sold individually or as a package with 1983 Juno Road, 1979 Juno Road and 1967 Juno Road. LA must accompany. 24 hour notice required. Tenant occupied.

  24. 2022-01-04
    listed $224,900 Active 150-char remark
    Show marketing remark (150 chars)

    Sold individually or as a package with 1983 Juno Road, 1979 Juno Road and 1967 Juno Road. LA must accompany. 24 hour notice required. Tenant occupied.

  25. 2022-01-04
    listed $224,900 Active
    Show marketing remark (150 chars)

    Sold individually or as a package with 1983 Juno Road, 1979 Juno Road and 1967 Juno Road. LA must accompany. 24 hour notice required. Tenant occupied.

  26. 2022-01-04
    historical
    Show marketing remark (150 chars)

    Sold individually or as a package with 1983 Juno Road, 1979 Juno Road and 1967 Juno Road. LA must accompany. 24 hour notice required. Tenant occupied.

  27. 2009-08-08
    historical
  28. 2008-08-15
    listed $185,000
  29. 2006-03-09
    soldstatus $208,000

ⓘ 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
$3,653 · $304/mo
Projected year-2 tax
$3,653 · $304/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 ≥106°F today · 24 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$39,551
− Mortgage interest
−$16,104
− Property taxes
−$3,653
− Insurance
−$1,438
− Repairs & maintenance
−$3,164
− Management
−$3,164
− HOA
−$3,456
− Depreciation
−$8,364
Taxable income
$208
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$50
After-tax cash flow
$4,556/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
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

Livability — Juno Ridge

Score
63/100
State rank
#725
US rank
#15514

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Palm Beach County · 1,438,312 people
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
18,817
Household income
$92,216
Rent vs Own
26.0% rent · 74.0% own
Severe rent burden
835.0

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 (86%)
Race & ethnicity
White 86% Hispanic / Latino 9% Two or more races 7% Black 1% Asian 1%
Hispanic origin (detail)
Puerto Rican 2% Cuban 2%
Common ancestry
Lithuanian 4% Slovak 3% Romanian 3%
Foreign-born
11% · Canada, Jamaica, Guatemala
Languages at home
89% English-only · Spanish 7% Other Indo-European 1% French/Haitian/Cajun 1%

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
▼ -223.14%
Current HPI
365.2913
Rent YoY
▲ 0.27%
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

+38.2% since first listed
16 events — show timeline
  • 2026-04-21 Listed $287,500 Beaches MLS
  • 2023-08-19 Rental Removed $2,100 RMLSFL
  • 2023-08-03 Price Changed $2,100 RMLSFL
  • 2023-07-26 Price Changed $2,150 RMLSFL
  • 2023-07-17 Price Changed $2,200 RMLSFL
  • 2022-06-06 Sold (Public Records) $216,250 Public Records
  • 2022-06-01 Sold (MLS) $216,250 Beaches MLS
  • 2022-02-27 Pending Beaches MLS
  • 2022-02-08 Relisted Beaches MLS
  • 2022-01-31 Pending Beaches MLS
  • 2022-01-04 Listing Removed Beaches MLS
  • 2022-01-04 Listed $224,900 Beaches MLS
  • 2022-01-04 Listed $224,900 Beaches MLS
  • 2009-08-08 Listing Removed Beaches MLS
  • 2008-08-15 Listed $185,000 Beaches MLS
  • 2006-03-09 Sold (Public Records) $208,000 Public Records

Property tax history

+16.1%/yr

Latest (2025): $3,653 · +0.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…