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117 NW 50th St
D+ Composite 45.78
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).

  • Cash flow +15.0/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Schools +4.1/10.0
  • Livability +3.8/5.0
  • Rent growth +2.9/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$20,000

117 NW 50th St · Deerfield Beach, FL 33064
2 bd · 2.0 ba · 800 sqft · Manufactured · 251 Days on market
Built 1972 ↓ 60% since listing

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

Listing remarks

THIS IS A 2/2 SINGLE SIZE MOBILE HOME, WELL MAINTAINED WITH 2 BEDROOMS, 2 BATH'S, NEW ROOF AND NEW A/C. DRIVEWAY TO FIT 2 CARS AND COVERED PORCH. WONDERFUL CLUBE HOUSE AND A LARGE POOL. LOCATED IN COUNTRY KNOLLS, A 55+ COMMUNITY. ONLY FEW MILES FROM THE DESIRABLE BEACH OF DEERFIELD, HOSPITAL, MAJOR ROADS, RESTAURANTS, AND MUCH MORE. CALL TODAY FOR AN APPOINTMENT. LOT RENTAL $955 MONTLY.

Key facts

  • Covered porch
  • Large pool
  • New a/c

Tags

NEW ROOFNEW A/CCOVERED PORCHCLUB HOUSELARGE POOLLOCATED IN COUNTRY KNOLLS

Property features AI

Finance

  • Other: Living area reported as 800 (building area total 900)
  • HOA & community: Senior community; Pets allowed with breed restrictions

Exterior

  • Parking: Has garage; 2 garage spaces; Has carport; 2 covered parking spaces; Attached carport; Covered parking; Carport
  • Utilities: Public water; Public sewer; Sewer available; Water available
  • Home design: Mobile Home; Single-story; Faces east; Resale condition; Model LRKW
  • Construction: Vinyl siding; Modular construction; Metal roof; Skirt: other; Mobile home remains on site; Mobile length 51; Mobile width 13; Total stories: 1
  • Exterior features: Open porch; Porch

Interior

  • Kitchen: Electric range; Microwave; Refrigerator
  • Bedrooms: 2 bedrooms on the main level
  • Flooring: Laminate flooring
  • Bathrooms: 2 full bathrooms on the main level
  • Heating & cooling: Central electric heating; Electric cooling with wall/window unit(s)
  • Interior features: No additional interior features listed; Unfurnished
  • Laundry & utility: Laundry inside

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 $20k.

Deal economics

  • At list price, monthly cash flow is $2k ($20k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $20k).
  • Recommended offer: $18k (12.0% below list) — sets the bar for market timing.
  • Cap rate 105.3% vs local median 4.1% in Deerfield 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 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: 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.
  • Zoned schools: Nova Blanche Forman Elementary (math 35% / reading 55%, grade D-, #1,271 of 2,144 statewide, top 60%, 769 students, 72% FRL); Lyons Creek Middle School (math 49% / reading 53%, grade C, #237 of 571 statewide, top 43%, 1,757 students, 60% FRL); Deerfield Beach High School (math 12% / reading 37%, grade F, #505 of 667 statewide, top 79%, 2,251 students, 69% FRL) — zoned schools average 67% FRL vs 51% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising (+1.8%/yr); 595 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 38% of the median local income ($71k/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 $138 of loan paydown is wiped out by about $600 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 (-3.0% appreciation + 1.8% rent growth), your $6k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 251 days — a 12% lower offer ($18k) is reasonable based on typical stale-listing flexibility.

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 $17,600 (12.0% below list)

Questions for the listing agent

  1. It's been on market 251 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
11.32%
Cap rate
105.34%
Cash-on-cash
353.74%
DSCR
16.74
GRM
0.7

CMA / ARV

ARV (on-the-fly)
$70,400
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
118 NW 50th Ct 0.02mi 2/2.0 850 (+6%) 13mo $75,000 $88 78

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.75% rent growth · sell at horizon

5-year hold
IRR
Equity multiple
18.70×
Total profit
$99,119
Equity at exit
$2,982
10-year hold
IRR
Equity multiple
38.60×
Total profit
$210,576
Equity at exit
$1,729

Cash invested: $5,600 (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.

ZIP-level market 33064

Home prices YoY
-18.7%
Rents YoY
1.8%
Active inventory
595
Price-to-rent
0.7×

Monthly cashflow live

Estimated rent
$2,265 high interval (Pro) →
Mortgage (P&I)
$105
Tax est. 1.5%
$25 /mo · $300/yr
Insurance
$8
HOA
$0
Vacancy / Maint / Mgmt
$476
Net cashflow
$1,651

Break-even live

Break-even rent $175
Max offer price $20,000
Occupancy floor 22%

Sensitivity live

Price -10% $1,665 -5% $1,658 +0% $1,651 +5% $1,644 +10% $1,637
Rent -10% $1,472 -5% $1,561 +0% $1,651 +5% $1,740 +10% $1,830
Rate -1.0pp $1,661 -0.5pp $1,656 base $1,651 +0.5pp $1,646 +1.0pp $1,640

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
$5,000
Closing costs
$600
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
4905 NE 2nd Way Pompano Beach, FL 2.0 1.0 1100 $2,150 $1.95 25d 1 0.30mi
4740 NE 2nd Ter Deerfield Beach, FL 3.0 2.0 1000 $3,250 $3.25 25d 1 0.32mi
4740 NE 2nd Ter Deerfield Beach, FL 3.0 2.0 1000 $3,250 $3.25 5d 1 0.32mi
640 Cypress Club Way Unit G Pompano Beach, FL 2.0 2.0 891 $1,950 $2.19 25d 1 0.43mi
551 NW 46th St Deerfield Beach, FL 2.0 2.0 952 $2,485 $2.61 25d 1 0.44mi
660 Cypress Club Way Unit L11 Deerfield Beach, FL 1.0 1.0 605 $1,625 $2.69 13d 1 0.47mi
631 Cypress Lake Blvd Unit O17 Deerfield Beach, FL 2.0 2.0 807 $2,100 $2.60 25d 1 0.50mi
631 Cypress Lake Blvd Unit P17 Deerfield Beach, FL 2.0 2.0 807 $1,950 $2.42 13d 1 0.50mi
616 NW 47th St Deerfield Beach, FL 2.0 2.0 793 $2,495 $3.15 6d 1 0.53mi
624 NW 47th St Deerfield Beach, FL 2.0 2.0 793 $2,100 $2.65 16d 1 0.53mi
800 Cypress Park Way Unit F1 Deerfield Beach, FL 2.0 2.0 807 $2,000 $2.48 25d 1 0.55mi
800 Cypress Park Way Unit M Pompano Beach, FL 2.0 2.0 807 $2,000 $2.48 3d 1 0.55mi
671 Cypress Lake Blvd Unit D21 Deerfield Beach, FL 3.0 2.0 974 $2,250 $2.31 13d 1 0.55mi
4332 NW 1st Ter Deerfield Beach, FL 3.0 2.0 1095 $3,000 $2.74 6d 1 0.57mi
4332 NW 1st Ter Deerfield Beach, FL 3.0 2.0 1095 $3,000 $2.74 25d 1 0.57mi
661 Cypress Lake Blvd Unit I20 Deerfield Beach, FL 3.0 2.0 974 $2,300 $2.36 25d 1 0.57mi
661 Cypress Lake Blvd Unit I20 Deerfield Beach, FL 3.0 2.0 974 $2,250 $2.31 2d 1 0.57mi
4325 NW 5th Ave Deerfield Beach, FL 2.0 2.0 953 $2,249 $2.36 12d 1 0.60mi
731 Cypress Ln Unit D Pompano Beach, FL 1.0 1.0 605 $1,650 $2.73 20d 1 0.60mi
840 Cypress Park Way Unit N3 Deerfield Beach, FL 2.0 2.0 807 $1,950 $2.42 0d 1 0.62mi
331 NW 42nd Ct Unit 101 Pompano Beach, FL 2.0 1.0 800 $1,799 $2.25 16d 1 0.65mi
311 NW 42nd Ct #101 Deerfield Beach, FL 2.0 1.0 800 $1,799 $2.25 25d 1 0.66mi
351 NW 42nd Ct Apt 205 Pompano Beach, FL 2.0 1.0 800 $1,899 $2.37 16d 1 0.66mi
520 NE 45th St Deerfield Beach, FL 3.0 2.0 1030 $2,800 $2.72 25d 1 0.66mi
145 NW 41st Ct #11 Deerfield Beach, FL 3.0 1.5 1004 $2,490 $2.48 21d 1 0.67mi
1230 S Military Trl #2014 Deerfield Beach, FL 2.0 2.0 937 $2,400 $2.56 25d 1 0.69mi
1230 S Military Trl #2014 Deerfield Beach, FL 2.0 2.0 937 $2,400 $2.56 18d 1 0.69mi
1234 S Military Trl #1811 Deerfield Beach, FL 2.0 2.0 1099 $2,500 $2.27 25d 1 0.70mi
1250 S Military Trl #1612 Deerfield Beach, FL 2.0 1.5 1035 $2,500 $2.42 6d 1 0.70mi
1244 S Military Trl #724 Deerfield Beach, FL 2.0 1.5 916 $1,950 $2.13 15d 1 0.70mi
5350 NE 5th Ter Pompano Beach, FL 2.0 1.0 950 $1,900 $2.00 25d 1 0.72mi
1266 S Military Trl Deerfield Beach, FL 1.0–2.0 1.0–2.0 1050 $2,550 $2.43 23d 2 0.73mi
651 NW 42nd Ct #214 Deerfield Beach, FL 2.0 1.0 721 $1,695 $2.35 25d 1 0.74mi
4450 Military Trl Unit 22 Pompano Beach, FL 2.0 1.0 940 $1,950 $2.07 25d 1 0.74mi
831 SW 14th Ct Deerfield Beach, FL 3.0 2.0 1056 $2,850 $2.70 25d 1 0.76mi
1272 S Military Trl #313 Deerfield Beach, FL 2.0 2.0 900 $2,390 $2.66 23d 1 0.77mi
2355 SW 15th St Deerfield Beach, FL 2.0 2.0 1100 $2,098 $1.91 25d 2 0.78mi
1100 S Military Trl Deerfield Beach, FL 2.0–3.0 1.0–2.0 1119 $2,250 $2.01 25d 2 0.78mi
4394 NW 9th Ave Unit 20-1A Deerfield Beach, FL 2.0 2.0 950 $1,700 $1.79 25d 1 0.80mi
4354 NW 9th Ave Unit 12-3D Pompano Beach, FL 2.0 2.0 1040 $2,000 $1.92 25d 1 0.80mi

Listing history 13 events

  1. 2026-06-13
    statusdays on market $20,000 Pending 251 DOM
  2. 2026-06-09
    days on market $20,000 Active 249 DOM
  3. 2026-06-07
    days on market $20,000 Active 247 DOM
  4. 2026-06-04
    days on market $20,000 Active 244 DOM
  5. 2026-06-03
    days on market $20,000 Active 243 DOM
  6. 2026-06-02
    days on market $20,000 Active 242 DOM
  7. 2026-06-01
    days on market $20,000 Active 241 DOM
  8. 2026-05-31
    days on market $20,000 Active 240 DOM
  9. 2026-05-11
    price $20,000
  10. 2026-03-31
    price $28,000
  11. 2026-02-18
    price $35,000
  12. 2026-01-07
    price $39,900
  13. 2025-10-03
    listed $50,000 Active

ⓘ 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 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 · 3 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
$27,175
− Mortgage interest
−$1,120
− Property taxes
−$300
− Insurance
−$100
− Repairs & maintenance
−$2,174
− Management
−$2,174
− Depreciation
−$582
Taxable income
$20,725
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$4,974
After-tax cash flow
$14,835/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)
64,563
Household income
$71,301
Rent vs Own
34.7% rent · 65.3% own
Severe rent burden
2907.0

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 0.75)
Race & ethnicity
White 34% Hispanic / Latino 27% Black 25% Two or more races 24% Asian 2%
Hispanic origin (detail)
Mexican 4% Puerto Rican 4% Cuban 4% Dominican 2%
Common ancestry
Hispanic 13% Estonian 10% Romanian 1%
Foreign-born
43% · Canada, Jamaica, Dominican Republic
Languages at home
45% English-only · Spanish 23% French/Haitian/Cajun 16% Other Indo-European 13%

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
▼ -109.09%
Current HPI
474.7007
Rent YoY
▲ 1.75%
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

-60.0% since first listed
5 events — show timeline
  • 2026-05-11 Price Changed $20,000 Beaches MLS
  • 2026-03-31 Price Changed $28,000 Beaches MLS
  • 2026-02-18 Price Changed $35,000 Beaches MLS
  • 2026-01-07 Price Changed $39,900 Beaches MLS
  • 2025-10-03 Listed $50,000 Beaches MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…