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3050 Holiday Springs Blvd
B+ Composite 76.14
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
  • ARV discount +11.9/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Livability +4.0/5.0
  • Condition / age +4.0/5.0
  • Schools +3.2/10.0
  • Rent growth +3.0/5.0
  • Appreciation +0.0/10.0

$100,000

3050 Holiday Springs Blvd · Margate, FL 33063
2 bd · 2.0 ba · 974 sqft · Townhouse · 230 Days on market
Built 1974 Good condition $103/sqft · 10% below area Est $111k · 10% under

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

Key facts

  • Built 1974
  • Listed 230 days

Neighborhood map

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 townhouse listed at $100k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $650 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $100k).
  • Recommended offer: $88k (12.0% below list) — sets the bar for market timing.
  • Cap rate 14.1% vs local median 4.3% in Margate — 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 81/100 on livability (#85 in FL, #1,398 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: Margate Elementary School (math 35% / reading 43%, grade F, #1,560 of 2,144 statewide, top 73%, 1,023 students, 68% FRL); Nova Middle School (math 44% / reading 53%, grade C-, #274 of 571 statewide, top 50%, 1,284 students, 68% FRL); Coral Springs High School (math 16% / reading 38%, grade F, #478 of 667 statewide, top 73%, 2,320 students, 59% FRL).
  • Market conditions: Rents rising (+1.9%/yr); 840 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 50d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • This rent runs 32% of the median local income ($63k/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 $691 of loan paydown is wiped out by about $3k 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 + 1.9% rent growth), your $28k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 230 days — a 12% lower offer ($88k) 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→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $88,000 (12.0% below list)

Questions for the listing agent

  1. It's been on market 230 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 1974 — 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. 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.
  6. 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.
  7. 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
1.70%
Cap rate
14.10%
Cash-on-cash
27.87%
DSCR
2.24
GRM
4.9

CMA / ARV

ARV (median comp)
$110,893
List price
$100,000
Delta
-9.82%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3060 Holiday Springs Blvd #201 0.03mi 2/2.0 958 (-2%) 4mo $86,000 $90 93
3100 Holiday Springs Blvd 0.19mi 2/2.0 958 (-2%) 4mo $90,000 $94 85
3150 Holiday Springs Blvd Unit 8-101 0.33mi 2/2.0 958 (-2%) 4mo $96,000 $100 78
3370 N Pinewalk Dr N #1217 0.56mi 2/2.0 1,027 (+5%) 2mo $175,000 $170 63
3390 N Pinewalk Dr N #1038 0.61mi 2/2.0 1,027 (+5%) 1mo $180,000 $175 62
8411 Forest Hills Dr #206 0.56mi 2/2.0 1,068 (+10%) 5mo $230,000 $215 54
8437 Forest Hills Dr #207 0.63mi 2/2.0 1,068 (+10%) 1mo $170,000 $159 53
3450 N Pinewalk Dr N #418 0.75mi 2/2.0 1,027 (+5%) 5mo $180,000 $175 52
8415 Forest Hills Dr #206 0.60mi 2/2.0 1,068 (+10%) 6mo $225,000 $211 51
3241 Holiday Springs Blvd #210 0.56mi 2/2.0 1,105 (+13%) 5mo $120,000 $109 47
3251 Holiday Springs Blvd #206 0.59mi 1/1.5 (-1) 867 (-11%) 0mo $79,000 $91 47
3251 Holiday Springs Blvd #403 0.59mi 1/1.5 (-1) 867 (-11%) 1mo $62,000 $72 46

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 · 1.94% rent growth · sell at horizon

5-year hold
IRR
20.8%
Equity multiple
1.84×
Total profit
$23,451
Equity at exit
$14,910
10-year hold
IRR
28.3%
Equity multiple
3.38×
Total profit
$66,663
Equity at exit
$8,646

Cash invested: $28,000 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
135 active · 38 under contract
Months of supply
25.3 mo (4%/mo absorbed)
Median asking
$174,900 ($163/sqft)
Median days on market
91 d
This list price
13% of active listings are priced below it
ARV vs active asking
-30.1% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 33063

Home prices YoY
-18.1%
Rents YoY
1.9%
Active inventory
840
Price-to-rent
4.9×

Monthly cashflow live

Estimated rent
$1,698 high interval (Pro) →
Mortgage (P&I)
$524
Tax est. 1.5%
$125 /mo · $1,500/yr
Insurance
$42
HOA
$0
Vacancy / Maint / Mgmt
$357
Net cashflow
$650

Break-even live

Break-even rent $875
Max offer price $100,000
Occupancy floor 57%

Sensitivity live

Price -10% $719 -5% $685 +0% $650 +5% $616 +10% $581
Rent -10% $516 -5% $583 +0% $650 +5% $717 +10% $785
Rate -1.0pp $701 -0.5pp $676 base $650 +0.5pp $624 +1.0pp $598

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
$25,000
Closing costs
$3,000
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2501 Riverside Dr Unit 206A Coral Springs, FL 1.0 1.0 606 $1,500 $2.48 114d 1 0.04mi
2501 Riverside Dr Unit 303-a Coral Springs, FL 1.0 1.0 606 $1,475 $2.43 26d 1 0.04mi
2501 Riverside Dr Unit 213-A Coral Springs, FL 1.0 1.0 606 $1,395 $2.30 77d 1 0.04mi
2501 Riverside Dr Unit 204A Coral Springs, FL 1.0 1.0 606 $1,375 $2.27 50d 1 0.04mi
2501 Riverside Dr Unit 517A Coral Springs, FL 1.0 1.0 606 $1,450 $2.39 33d 1 0.04mi
2501 Riverside Dr Unit 503A Coral Springs, FL 1.0 1.0 606 $1,420 $2.34 33d 1 0.04mi
2501 Riverside Dr Unit 114A Coral Springs, FL 1.0 1.0 606 $1,500 $2.48 43d 1 0.04mi
2401 Riverside Dr Coral Springs, FL 1.0 1.0 606 $1,387 $2.29 3d 2 0.06mi
2401 Riverside Dr Coral Springs, FL 1.0 1.0 540 $1,475 $2.73 74d 2 0.06mi
2401 Riverside Dr Coral Springs, FL 1.0 1.0 606 $1,438 $2.37 24d 2 0.06mi
2401 Riverside Dr Coral Springs, FL 1.0 1.0 606 $1,424 $2.35 4d 2 0.06mi
2401 Riverside Dr Unit 114B Coral Springs, FL 1.0 1.0 606 $1,475 $2.43 37d 1 0.06mi
2401 Riverside Dr Unit 217B Coral Springs, FL 1.0 1.0 606 $1,450 $2.39 118d 1 0.06mi
2401 Riverside Dr Unit 203B Coral Springs, FL 1.0 1.0 606 $1,493 $2.46 64d 1 0.06mi
2631 Riverside Dr #2 Coral Springs, FL 2.0 2.0 800 $1,800 $2.25 2d 1 0.10mi
2631 Riverside Dr #2 Coral Springs, FL 2.0 2.0 800 $1,900 $2.38 3d 1 0.10mi
2550 Riverside Dr #223 Coral Springs, FL 2.0 2.0 950 $1,690 $1.78 28d 1 0.13mi
2510 Riverside Dr #2510 Coral Springs, FL 2.0 2.0 1053 $2,100 $1.99 41d 1 0.13mi
2626 Riverside Dr #2626 Coral Springs, FL 2.0 2.0 820 $1,795 $2.19 74d 1 0.13mi
2598 Riverside Dr Unit 2598 Coral Springs, FL 2.0 2.0 820 $1,600 $1.95 120d 1 0.14mi
2661 Riverside Dr #2 Coral Springs, FL 2.0 1.0 800 $1,800 $2.25 64d 1 0.14mi
2588 Riverside Dr Unit 2588 Coral Springs, FL 2.0 2.0 820 $1,750 $2.13 33d 1 0.14mi
2671 Riverside Dr #7 Coral Springs, FL 2.0 1.0 800 $1,690 $2.11 6d 1 0.14mi
2671 Riverside Dr #6 Coral Springs, FL 2.0 1.0 800 $1,725 $2.16 118d 1 0.14mi
2596 Riverside Dr #2596 Coral Springs, FL 2.0 2.0 820 $1,900 $2.32 46d 1 0.16mi
2614 Riverside Dr #2614 Coral Springs, FL 2.0 2.0 820 $1,700 $2.07 74d 1 0.16mi
2642 Riverside Dr #2642 Coral Springs, FL 2.0 2.0 820 $1,750 $2.13 84d 1 0.16mi
2701 Riverside Dr Unit 105B Coral Springs, FL 1.0 1.0 619 $1,275 $2.06 20d 1 0.18mi
2701 Riverside Dr Unit 206B Coral Springs, FL 1.0 1.0 619 $1,425 $2.30 20d 1 0.18mi
2701 Riverside Dr Unit 316B Coral Springs, FL 1.0 1.0 619 $1,300 $2.10 41d 1 0.18mi
2701 Riverside Dr Unit 316B Coral Springs, FL 1.0 1.0 619 $1,400 $2.26 120d 1 0.18mi
2701 Riverside Dr Unit 109B Coral Springs, FL 1.0 1.0 541 $1,375 $2.54 20d 1 0.18mi
2701 Riverside Dr Apt 516 Coral Springs, FL 1.0 1.0 619 $1,400 $2.26 84d 1 0.18mi
3071 Holiday Springs Blvd Margate, FL 1.0 2.0 750 $1,500 $2.00 38d 1 0.20mi
3031 Holiday Springs Blvd Margate, FL 1.0 2.0 750 $1,525 $2.03 108d 1 0.20mi
3031 Holiday Springs Blvd Unit 1APT 201 Margate, FL 1.0 1.5 750 $1,525 $2.03 110d 1 0.20mi
3031 Holiday Springs Blvd Unit 202-7 Margate, FL 1.0 1.5 750 $1,600 $2.13 51d 1 0.21mi
2771 Riverside Dr Unit 405A Coral Springs, FL 1.0 1.0 619 $1,565 $2.53 120d 1 0.24mi
2771 Riverside Dr Unit 109A Coral Springs, FL 1.0 1.0 541 $1,300 $2.40 68d 1 0.24mi
2771 Riverside Dr Unit 316A Coral Springs, FL 1.0 1.0 619 $1,450 $2.34 88d 1 0.24mi

Listing history 50 events

  1. 2026-09-22
    days on market $100,000 Active 230 DOM
  2. 2026-09-20
    days on market $100,000 Active 228 DOM
  3. 2026-09-18
    days on market $100,000 Active 226 DOM
  4. 2026-09-17
    days on market $100,000 Active 225 DOM
  5. 2026-09-16
    days on market $100,000 Active 224 DOM
  6. 2026-09-15
    days on market $100,000 Active 223 DOM
  7. 2026-09-14
    days on market $100,000 Active 222 DOM
  8. 2026-09-13
    days on market $100,000 Active 221 DOM
  9. 2026-09-12
    days on market $100,000 Active 220 DOM
  10. 2026-09-11
    days on market $100,000 Active 219 DOM
  11. 2026-09-05
    days on market $100,000 Active 213 DOM
  12. 2026-09-04
    days on market $100,000 Active 212 DOM
  13. 2026-08-29
    days on market $100,000 Active 206 DOM
  14. 2026-08-28
    days on market $100,000 Active 205 DOM
  15. 2026-08-27
    days on market $100,000 Active 204 DOM
  16. 2026-08-25
    days on market $100,000 Active 202 DOM
  17. 2026-08-24
    days on market $100,000 Active 201 DOM
  18. 2026-08-23
    days on market $100,000 Active 200 DOM
  19. 2026-08-22
    days on market $100,000 Active 199 DOM
  20. 2026-08-21
    days on market $100,000 Active 198 DOM
  21. 2026-08-20
    days on market $100,000 Active 197 DOM
  22. 2026-08-19
    days on market $100,000 Active 196 DOM
  23. 2026-08-18
    days on market $100,000 Active 195 DOM
  24. 2026-08-16
    days on market $100,000 Active 193 DOM
  25. 2026-08-14
    days on market $100,000 Active 191 DOM
  26. 2026-08-13
    days on market $100,000 Active 190 DOM
  27. 2026-08-12
    days on market $100,000 Active 189 DOM
  28. 2026-08-11
    days on market $100,000 Active 188 DOM
  29. 2026-08-10
    days on market $100,000 Active 187 DOM
  30. 2026-08-09
    days on market $100,000 Active 186 DOM
  31. 2026-08-08
    days on market $100,000 Active 185 DOM
  32. 2026-08-06
    days on market $100,000 Active 183 DOM
  33. 2026-08-05
    days on market $100,000 Active 182 DOM
  34. 2026-08-03
    days on market $100,000 Active 180 DOM
  35. 2026-07-31
    days on market $100,000 Active 177 DOM
  36. 2026-07-24
    days on market $100,000 Active 170 DOM
  37. 2026-07-23
    days on market $100,000 Active 169 DOM
  38. 2026-07-22
    days on market $100,000 Active 168 DOM
  39. 2026-07-21
    days on market $100,000 Active 167 DOM
  40. 2026-07-20
    days on market $100,000 Active 166 DOM
  41. 2026-07-16
    days on market $100,000 Active 162 DOM
  42. 2026-07-15
    days on market $100,000 Active 161 DOM
  43. 2026-07-14
    days on market $100,000 Active 160 DOM
  44. 2026-07-13
    days on market $100,000 Active 159 DOM
  45. 2026-07-13
    days on market $100,000 Active 158 DOM
  46. 2026-07-11
    days on market $100,000 Active 157 DOM
  47. 2026-07-10
    days on market $100,000 Active 156 DOM
  48. 2026-07-10
    days on market $100,000 Active 155 DOM
  49. 2026-07-07
    days on market $100,000 Active 153 DOM
  50. 2026-07-06
    days on market $100,000 Active 152 DOM

ⓘ 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 (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 28 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
$20,376
− Mortgage interest
−$5,602
− Property taxes
−$1,500
− Insurance
−$500
− Repairs & maintenance
−$1,630
− Management
−$1,630
− Depreciation
−$2,909
Taxable income
$6,605
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,585
After-tax cash flow
$6,219/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

Good 80/100 Cosmetic rehab Est. rehab $4,870–$14,610 screening

This townhouse is in good condition with modern finishes and a well-maintained exterior. Minor updates to the exterior and sliding doors would significantly enhance its resale and rental value.

Value-add opportunities

  • Resale Paint exterior siding — Enhances curb appeal and value
  • Resale Replace sliding glass doors — Improves energy efficiency and aesthetics
  • Both Install smart home automation — Enhances comfort and energy efficiency

ⓘ 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.

F Composite school gradezoned avg 32/100

Zoned Schools

Elementary Margate Elementary School F FL #1,560/2,144 Nat'l #20,819/41,679 Middle Margate Middle School F FL #469/571 Nat'l #9,020/14,009 High Coral Springs High School F FL #478/667 Nat'l #11,887/17,239

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
A Composite livability gradescore 81/100

Livability — Margate

Score
81/100
State rank
#85
US rank
#1398

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Margate, FL
County
Broward County · 2,207,033 people
City population
55,466
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
55,466
Household income
$62,918
Rent vs Own
26.3% rent · 73.7% own
Severe rent burden
20% of renters

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 0.72)
Race & ethnicity
White 34% Hispanic / Latino 29% Black 28% Two or more races 18% Asian 4%
Hispanic origin (detail)
Mexican 2% Puerto Rican 7% Cuban 3% Dominican 3%
Common ancestry
Hispanic 6% Romanian 2% Estonian 2%
Foreign-born
36% · Canada, Jamaica, Vietnam
Languages at home
61% English-only · Spanish 24% French/Haitian/Cajun 7% Other Indo-European 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

Price history

1 event — show timeline
  • 2026-02-04 Listed $100,000 ForSaleByOwner.com

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…