CashFlowRE
Sign in Sign up
3319 NW 64th Ct 🌊 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

$125,000

3319 NW 64th Ct · Coconut Creek, FL 33073
2 bd · 2.0 ba · 1,200 sqft · Manufactured · 80 Days on market
Built 1981

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

Listing remarks MLS

GREAT RETIREMENT HOME. COTTAGE FEEL AND WHAT A GREAT DECK W/ DOCK. VIEW OF CANAL. SLIDING DOORS FROM MASTER AND VIEW OF WATER. FULL BATHS AND NEW TILE AND REFRIGERATOR AND ALL NEW LAMINATED WOOD FLOORS THRU-OUT. TAKE A LOOK AT THE PICS. GATED 55+ COMMUNIT Y. ENJOY THE LIFE!

Key facts

  • Gated community
  • New swimming pool
  • Close to hospitals

Tags

GATED COMMUNITYCOMPLETELY RENOVATEDSTAINLESS STEEL APPLIANCESNEW SWIMMING POOLCLOSE TO MAJOR HIGHWAYSCLOSE TO HOSPITALS

Property features AI

Finance

  • Other: Located in a senior community; Private maintained asphalt road frontage
  • Financial info: Pets allowed with breed restrictions; Land lease amount $1,053.59 per month
  • HOA & community: Land lease monthly fee (land lease exists, expires 2030-03-02)

Exterior

  • Parking: Aggregate parking surface; 2 open parking spaces (total 2)
  • Security: Key card entry; Security lights; Gated (no guard)
  • Utilities: Public water; Public sewer; Electricity connected; Water available; Sewer available
  • Home design: Mobile home (Double Wide, model TWIN); One story; Resale condition; Faces north
  • Construction: Brick, cement siding and vinyl siding exterior; Shingle roof; Block/combination/permanent foundation and slab; Brick skirt; Mobile dimensions approximately 44 ft by 44 ft; Mobile home remains on site
  • Exterior features: Deck; Fencing (see remarks); No waterfront

Interior

  • Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Trash compactor
  • Bedrooms: 2 bedrooms on the main level
  • Flooring: Laminate flooring; Tile flooring
  • Bathrooms: 2 full bathrooms on the main level
  • Heating & cooling: Central electric heating; Central electric cooling
  • Interior features: Walk-in closets; Electric fireplace; Blinds; Furnished
  • Laundry & utility: Laundry room

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 $125k.

Deal economics

  • At list price, monthly cash flow is $1k ($16k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $125k).
  • Recommended offer: $118k (6.0% below list) — sets the bar for market timing.
  • Cap rate 19.1% 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); 155 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 34% 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 $864 of loan paydown is wiped out by about $964 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 $35k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 80 days — a 6% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 18y ago; this cycle's ask has dropped $35k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $18k; list at $125k implies a 594% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • 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 $117,500 (6.0% below list)

Questions for the listing agent

  1. It's been on market 80 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
2.23%
Cap rate
19.11%
Cash-on-cash
45.77%
DSCR
3.04
GRM
3.7

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
44.6%
Equity multiple
3.09×
Total profit
$73,194
Equity at exit
$31,552
10-year hold
IRR
47.6%
Equity multiple
5.85×
Total profit
$169,919
Equity at exit
$34,322

Cash invested: $35,000 (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
155
Price-to-rent
3.7×

Monthly cashflow live

Estimated rent
$2,783 high interval (Pro) →
Mortgage (P&I)
$656
Tax est. 1.5%
$156 /mo · $1,875/yr
Insurance
$52
HOA
$0
Vacancy / Maint / Mgmt
$584
Net cashflow
$1,335

Break-even live

Break-even rent $1,093
Max offer price $125,000
Occupancy floor 47%

Sensitivity live

Price -10% $1,421 -5% $1,378 +0% $1,335 +5% $1,292 +10% $1,249
Rent -10% $1,115 -5% $1,225 +0% $1,335 +5% $1,445 +10% $1,555
Rate -1.0pp $1,398 -0.5pp $1,367 base $1,335 +0.5pp $1,303 +1.0pp $1,270

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
$31,250
Closing costs
$3,750
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 31 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6352 NW 36th Ave Coconut Creek, FL 3.0 2.0 1392 $3,500 $2.51 25d 1 0.11mi
3600 W Hillsboro Blvd Coconut Creek, FL 1.0–3.0 1.0–2.0 1128 $2,417 $2.14 0d 13 0.52mi
3621 W Hillsboro Blvd Coconut Creek, FL 1.0–2.0 1.0–2.5 961 $2,516 $2.62 0d 7 0.60mi
4359 SW 10th Pl Deerfield Beach, FL 2.0 2.0 1070 $2,409 $2.25 9d 1 0.63mi
4359 SW 10th Pl Deerfield Beach, FL 1.0 1.0 718 $1,913 $2.66 23d 1 0.63mi
4359 SW 10th Pl Deerfield Beach, FL 2.0 2.0 1070 $2,399 $2.24 4d 1 0.63mi
11 NW 45th Ave Deerfield Beach, FL 1.0–3.0 1.0–2.5 1097 $2,642 $2.41 0d 17 0.63mi
4453 SW 11th Pl Deerfield Beach, FL 3.0 2.5 1386 $3,150 $2.27 23d 1 0.65mi
1186 SW 44th Ave Deerfield Beach, FL 3.0 2.0 1337 $2,875 $2.15 12d 1 0.74mi
1275 SW 48th Ter Unit 1275 Deerfield Beach, FL 2.0 2.0 1264 $2,600 $2.06 14d 1 0.79mi
1310 SW 48th Ter Unit 1310 Deerfield Beach, FL 3.0 2.0 1495 $3,900 $2.61 25d 1 0.81mi
5514 NW 41st Ter Coconut Creek, FL 3.0 2.0 1378 $3,900 $2.83 21d 1 0.93mi
65 Centennial Ct Deerfield Beach, FL 3.0 2.0 1466 $3,000 $2.05 6d 1 0.96mi
1455 SW 48th Ter Unit 1455 Deerfield Beach, FL 3.0 2.5 1386 $2,790 $2.01 22d 1 0.97mi
11 Capitol Ct Unit 11 Deerfield Beach, FL 3.0 2.0 1375 $3,400 $2.47 25d 1 0.98mi
4400 NW 6th St Deerfield Beach, FL 1.0–2.0 1.0–2.0 875 $2,387 $2.73 0d 9 0.98mi
206 Congressional Way #206 Deerfield Beach, FL 2.0 2.0 1150 $2,600 $2.26 25d 1 1.02mi
710 Freedom Ct Deerfield Beach, FL 2.0 2.0 1151 $2,400 $2.09 25d 1 1.10mi
206 Lincoln Ct Deerfield Beach, FL 3.0 2.0 1150 $3,500 $3.04 25d 1 1.17mi
5400 Lyons Rd Coconut Creek, FL 1.0–3.0 1.0–2.0 1072 $2,408 $2.25 0d 44 1.23mi
283 NW 36th Ave Deerfield Beach, FL 2.0 2.0 976 $2,500 $2.56 25d 1 1.26mi
51 Tilford S Unit 51 Deerfield Beach, FL 2.0 1.5 820 $1,800 $2.20 25d 1 1.27mi
315 NW 36th Ave Deerfield Beach, FL 2.0 2.0 1080 $2,500 $2.31 25d 1 1.27mi
299 NW 36th Ave Deerfield Beach, FL 2.0 2.0 976 $2,300 $2.36 3d 1 1.28mi
299 NW 36th Ave Deerfield Beach, FL 2.0 2.0 976 $2,300 $2.36 0d 1 1.28mi
260 Prescott N Unit 260 Deerfield Beach, FL 1.0 1.5 700 $1,500 $2.14 25d 1 1.29mi
361 Tilford Q Unit Q Deerfield Beach, FL 2.0 1.5 820 $1,800 $2.20 25d 1 1.31mi
4814 NW 58th Mnr Coconut Creek, FL 2.0 2.5 1407 $2,600 $1.85 18d 1 1.32mi
4814 NW 58th Mnr Coconut Creek, FL 2.0 2.5 1407 $2,500 $1.78 6d 1 1.32mi
539 NW 36th Ave #539 Deerfield Beach, FL 2.0 2.0 1032 $3,300 $3.20 25d 1 1.38mi
272 Tilford M Unit M Deerfield Beach, FL 2.0 1.5 820 $1,900 $2.32 25d 1 1.47mi

Listing history 16 events

  1. 2026-06-13
    statusdays on market $125,000 Pending 80 DOM
  2. 2026-06-09
    days on market $125,000 Active 78 DOM
  3. 2026-06-08
    days on market $125,000 Active 77 DOM
  4. 2026-06-07
    days on market $125,000 Active 76 DOM
  5. 2026-06-04
    pricedays on market $125,000 Active 73 DOM
  6. 2026-06-03
    days on market $130,000 Active 72 DOM
  7. 2026-06-02
    days on market $130,000 Active 71 DOM
  8. 2026-06-01
    days on market $130,000 Active 70 DOM
  9. 2026-05-31
    days on market $130,000 Active 69 DOM
  10. 2026-04-14
    price $130,000
  11. 2026-03-23
    listed $159,900 Active
  12. 2021-03-13
    historical
  13. 2021-03-01
    historical Active Under Contract
  14. 2021-02-16
    listed $32,000 Active
  15. 2009-04-10
    soldstatus $18,000 274-char remark
    Show marketing remark (274 chars)

    GREAT RETIREMENT HOME. COTTAGE FEEL AND WHAT A GREAT DECK W/ DOCK. VIEW OF CANAL. SLIDING DOORS FROM MASTER AND VIEW OF WATER. FULL BATHS AND NEW TILE AND REFRIGERATOR AND ALL NEW LAMINATED WOOD FLOORS THRU-OUT. TAKE A LOOK AT THE PICS. GATED 55+ COMMUNIT Y. ENJOY THE LIFE!

  16. 2008-07-26
    listed $23,000 274-char remark
    Show marketing remark (274 chars)

    GREAT RETIREMENT HOME. COTTAGE FEEL AND WHAT A GREAT DECK W/ DOCK. VIEW OF CANAL. SLIDING DOORS FROM MASTER AND VIEW OF WATER. FULL BATHS AND NEW TILE AND REFRIGERATOR AND ALL NEW LAMINATED WOOD FLOORS THRU-OUT. TAKE A LOOK AT THE PICS. GATED 55+ COMMUNIT Y. ENJOY THE LIFE!

ⓘ 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 (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 2/10 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 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
$33,400
− Mortgage interest
−$7,002
− Property taxes
−$1,875
− Insurance
−$625
− Repairs & maintenance
−$2,672
− Management
−$2,672
− Depreciation
−$3,636
Taxable income
$14,918
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,580
After-tax cash flow
$12,439/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

+465.2% since first listed
7 events — show timeline
  • 2026-04-14 Price Changed $130,000 Beaches MLS
  • 2026-03-23 Listed $159,900 Beaches MLS
  • 2021-03-13 Listing Removed Beaches MLS
  • 2021-03-01 Contingent Beaches MLS
  • 2021-02-16 Listed $32,000 Beaches MLS
  • 2009-04-10 Sold (MLS) $18,000 MARMLS
  • 2008-07-26 Listed $23,000 MARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…