600 Village Green Ct · Palm Springs, FL 33461

$91,000

1 bd · 1.0 ba · 650 sqft · SingleFamily · 42 Days on market

Built 1977 Fair condition $369/mo HOA · 24% of rent

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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 +26.5/30.0
• 1% rule +10.0/10.0
• DSCR +9.0/10.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Livability +3.7/5.0
• Condition / age +2.2/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

FORECLOSURE, SOLD AS-IS WITH RIGHT TO INSPECT. SPECIAL CONTRACTS AND ADDENDUMS REQUIRED. 1ST FLOOR UNIT, 55 AND OVER

Key facts

• $369 HOA
• Parking
• Community pool

Property features AI

Finance

• HOA & community: Has association (#1 Viallage Green Condo association); Monthly association fee of $369; HOA covers cable TV, grounds maintenance, trash, common areas, elevator; Community amenities include clubhouse, elevators, fitness center, game room, laundry, parking, pool, sauna, shuffleboard court, storage, library, sidewalks, street lights; Senior community; Pets not allowed

Exterior

• Parking: Assigned open parking (1 space)
• Utilities: Public water; Public sewer; 100 Amp electric service; Cable available; Electricity connected; Sewer connected; Water connected
• Home design: Condominium; One level; Faces south; Resale unit
• Construction: Concrete/CBS construction; Flat roof with rolled/hot mop
• Exterior features: Screened porch; Porch; Storage

Interior

• Kitchen: Electric range; Microwave; Refrigerator; Electric water heater
• Bedrooms: 1 bedroom on the main level
• Flooring: Carpet; Tile; Wood
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Walk-in closets; Closet cabinetry; Furnished
• Laundry & utility: Laundry in common area

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $91k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $240 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $91k).
• Recommended offer: $88k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 73/100 on livability (#297 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: employment D+, amenities F, commute 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: Clifford O Taylor/Kirklane Elementary (math 26% / reading 34%, grade F, #1,882 of 2,144 statewide, top 88%, 1,230 students, 80% FRL); John I. Leonard High School (math 17% / reading 35%, grade F, #494 of 667 statewide, top 75%, 3,549 students, 67% FRL) — zoned schools average 74% FRL vs 52% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 28% at this address vs 50% district-wide (-22 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 soft (-2.5%/yr); 274 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
• This rent runs 30% of the median local income ($62k/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 $629 of loan paydown is wiped out by about $3k 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 42 days — a 3% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 26y 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 $13k; list at $91k implies a 600% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 24% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y — expect insurance premiums to compound above CPI over the hold.

Recommended offer $88,270 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 1.72% ✓
• Cap rate: 9.46%
• Cash-on-cash: 11.31%
• DSCR: 1.50
• GRM: 4.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -4.2%
• Equity multiple: 0.85×
• Total profit: $-3,789
• Equity at exit: $13,568

10-year hold

• IRR: -0.2%
• Equity multiple: 0.99×
• Total profit: $-332
• Equity at exit: $7,868

Cash invested: $25,480 (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.

Methodology + full state rankings →

ZIP-level market 33461

• Rents YoY: -2.5%
• Active inventory: 274
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,567 high
• Mortgage (P&I): −$477
• Tax est. 1.5%: −$114 /mo · $1,365/yr
• Insurance: −$38
• HOA: −$369
• Vacancy / Maint / Mgmt: −$329
• Net cashflow: $240

Break-even live

Break-even rent $1,263

Max offer price $91,000

Occupancy floor 80%

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: $22,750
• Closing costs: $2,730
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
600 Village Green Ct #203 Palm Springs, FL	1.0	1.0	650	$1,300	$2.00	4d	1	0.02mi
500 Village Green Cir W Palm Springs, FL	1.0–2.0	1.0–1.5	739	$1,400	$1.89	24d	2	0.07mi
555 Purdy Ln Palm Springs, FL	1.0	1.0	650	$1,375	$2.12	5d	1	0.07mi
555 Kirk Rd Palm Springs, FL	1.0	1.0	625	$2,268	$3.63	8d	1	0.22mi
555 Kirk Rd Palm Springs, FL	1.0	1.0	670	$2,352	$3.51	14d	1	0.22mi
4403 Anna Ln Unit B Palm Springs, FL	1.0	1.0	740	$1,600	$2.16	8d	1	0.32mi
436 Fontana Dr Lake Worth, FL	1.0	1.0	550	$1,450	$2.64	24d	1	0.33mi
436 Fontana Dr Lake Worth, FL	1.0	1.0	550	$1,375	$2.50	22d	1	0.33mi
300 Bonnie Blvd #144 Palm Springs, FL	1.0	1.0	702	$1,350	$1.92	24d	1	0.63mi
246 Cypress Ln Lake Worth Beach, FL	1.0–2.0	1.0	850	$1,550	$1.82	24d	2	0.67mi
200 Bonnie Blvd #132 Palm Springs, FL	1.0	1.0	577	$1,500	$2.60	22d	1	0.67mi
240 Alemeda Dr Palm Springs, FL	1.0–2.0	1.0–2.0	825	$1,650	$2.00	24d	3	0.70mi
2550 Lakehaven Rd West Palm Beach, FL	1.0	1.0	400	$1,500	$3.75	24d	1	0.74mi
3263 Kirk Rd #2 Lake Worth, FL	1.0	1.0	619	$1,650	$2.67	24d	1	0.92mi
3263 Kirk Rd #2 Lake Worth, FL	1.0	1.0	619	$1,650	$2.67	8d	1	0.92mi
2966 Ashley Dr E Unit C West Palm Beach, FL	1.0	1.0	611	$1,375	$2.25	24d	1	0.95mi
2951 Ashley Dr W West Palm Beach, FL	1.0	1.5	662	$1,525	$2.30	21d	1	1.06mi
2951 Ashley Dr W Unit D West Palm Beach, FL	1.0	1.5	662	$1,450	$2.19	17d	1	1.06mi
2085 S Congress Ave Palm Springs, FL	1.0–3.0	1.0–2.0	963	$2,055	$2.13	2d	14	1.10mi
3874 7th Ave N Unit 3878 Lake Worth Beach, FL	1.0	1.0	528	$1,600	$3.03	24d	1	1.14mi
2854 Crosley Dr E Unit J West Palm Beach, FL	1.0	1.0	612	$1,300	$2.12	24d	1	1.23mi
2805 Crosley Dr E Unit E West Palm Beach, FL	1.0	1.5	662	$1,250	$1.89	24d	1	1.24mi
2723 Dudley Dr W Unit G West Palm Beach, FL	1.0	1.0	611	$1,300	$2.13	24d	1	1.32mi
965 Manor Dr Palm Springs, FL	2.0	1.0	687	$1,722	$2.51	1d	5	1.34mi
3654 Coconut Rd Palm Springs, FL	1.0	1.0	600	$1,500	$2.50	24d	1	1.37mi
2607 Dudley Dr W Unit L West Palm Beach, FL	1.0	1.0	611	$1,300	$2.13	8d	1	1.39mi
3890 Lakewood Rd #1 Lake Worth, FL	1.0	1.0	433	$1,500	$3.46	11d	1	1.43mi
4904 Dillon St Unit C Greenacres, FL	1.0	1.0	699	$1,450	$2.07	24d	1	1.49mi

HOA detail

• Monthly dues: $369 · $4,428/yr

Listing history 37 events

1. 2026-06-03
   days on market $91,000 Active 42 DOM
2. 2026-06-02
   days on market $91,000 Active 41 DOM
3. 2026-06-01
   days on market $91,000 Active 40 DOM
4. 2026-05-31
   days on market $91,000 Active 39 DOM
5. 2026-04-22
   listed $91,000 Active
6. 2026-04-05
   historical $1,500
7. 2026-03-14
   listed $1,500
8. 2026-01-01
   historical $1,500
9. 2025-12-12
   listed $1,500
10. 2024-10-03
    historical $1,500
11. 2024-09-21
    price $1,500
12. 2024-08-27
    price $1,650
13. 2024-07-31
    price $1,700
14. 2024-07-30
    listed $1,800
15. 2024-07-08
    historical $1,650
16. 2024-06-29
    historical $1,650
17. 2024-06-26
    listed $1,650
18. 2024-06-26
    historical $1,850
19. 2024-06-18
    listed $1,850
20. 2024-06-17
    listed $1,250
21. 2024-05-31
    historical $1,800
22. 2024-05-13
    historical $1,800
23. 2024-05-07
    price $1,800
24. 2024-05-04
    price $1,425
25. 2024-04-23
    listed $1,450
26. 2024-04-13
    listed $1,900
27. 2024-03-19
    historical $1,350
28. 2024-03-14
    price $1,350
29. 2024-02-29
    price $1,450
30. 2024-02-09
    listed $1,500
31. 2024-02-09
    historical $1,500
32. 2024-02-06
    listed $1,500
33. 2023-12-14
    historical $1,590
34. 2023-12-05
    listed $1,590
35. 2000-07-28
    soldstatus $13,000 116-char remark

    Show marketing remark (116 chars)

    FORECLOSURE, SOLD AS-IS WITH RIGHT TO INSPECT. SPECIAL CONTRACTS AND ADDENDUMS REQUIRED. 1ST FLOOR UNIT, 55 AND OVER

36. 2000-06-05
    historical 116-char remark

    Show marketing remark (116 chars)

    FORECLOSURE, SOLD AS-IS WITH RIGHT TO INSPECT. SPECIAL CONTRACTS AND ADDENDUMS REQUIRED. 1ST FLOOR UNIT, 55 AND OVER

37. 2000-03-06
    listed $16,000 116-char remark

    Show marketing remark (116 chars)

    FORECLOSURE, SOLD AS-IS WITH RIGHT TO INSPECT. SPECIAL CONTRACTS AND ADDENDUMS REQUIRED. 1ST FLOOR UNIT, 55 AND OVER

ⓘ 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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,806
• − Mortgage interest: −$5,097
• − Property taxes: −$1,365
• − Insurance: −$455
• − Repairs & maintenance: −$1,505
• − Management: −$1,505
• − HOA: −$4,428
• − Depreciation: −$2,647
• Taxable income: $1,805
• Est. tax owed @ 24.0%: −$433
• After-tax cash flow: $2,449/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 · 12 photos

Fair 45/100 Cosmetic rehab

This property is in fair condition with cosmetic updates needed to enhance its resale value.

Repairs flagged

• Minor kitchen backsplash — black and white patterned backsplash
• Minor interior walls — some paint wear

Value-add opportunities

• Resale paint interior walls — fresh paint enhances curb appeal
• Resale replace kitchen backsplash — modern backsplash improves kitchen aesthetics

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen backsplash · black and white patterned backsplash	Minor	$500–3,000
interior walls · some paint wear	Minor	$500–3,000
Total estimated repair cost · 2 items		$1,000–6,000

Value-add ROI direction

• Resale paint interior walls — fresh paint enhances curb appeal ↑
• Resale replace kitchen backsplash — modern backsplash improves kitchen aesthetics ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Palm Springs

• Score: 73/100
• State rank: #297
• US rank: #5045

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Springs, FL
• County: Palm Beach County · 1,438,312 people
• City population: 49,443
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 49,443
• Household income: $61,963
• Rent vs Own: 48.2% rent · 51.8% own
• Severe rent burden: 2663.0

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: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: Hispanic / Latino 59% Two or more races 26% White 20% Black 17% Asian 2%
• Hispanic origin (detail): Mexican 11% Puerto Rican 6% Cuban 16% Dominican 2%
• Common ancestry: Hispanic 9% Romanian 1% Lithuanian 1%
• Foreign-born: 52% · Canada, Jamaica
• Languages at home: 31% English-only · Spanish 54% French/Haitian/Cajun 10% Other Indo-European 2%

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: ▼ -269.03%
• Current HPI: 493.0041
• Rent YoY: ▼ -2.47%
• 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
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+468.8% since first listed

33 events — show timeline

• 2026-04-22 Listed $91,000 Beaches MLS
• 2026-04-05 Rental Removed $1,500 SHOWMOJO
• 2026-03-14 Listed for Rent $1,500 SHOWMOJO
• 2026-01-01 Rental Removed $1,500 SHOWMOJO
• 2025-12-12 Listed for Rent $1,500 SHOWMOJO
• 2024-10-03 Rental Removed $1,500 GFLMLS
• 2024-09-21 Price Changed $1,500 GFLMLS
• 2024-08-27 Price Changed $1,650 GFLMLS
• 2024-07-31 Price Changed $1,700 GFLMLS
• 2024-07-30 Listed for Rent $1,800 GFLMLS
• 2024-07-08 Rental Removed $1,650 RMLSFL
• 2024-06-29 Rental Removed $1,650 RMLSFL
• 2024-06-26 Listed for Rent $1,650 RMLSFL
• 2024-06-26 Rental Removed $1,850 RMLSFL
• 2024-06-18 Listed for Rent $1,850 RMLSFL
• 2024-06-17 Listed for Rent $1,250 RMLSFL
• 2024-05-31 Rental Removed $1,800 RMLSFL
• 2024-05-13 Rental Removed $1,800 RMLSFL
• 2024-05-07 Price Changed $1,800 RMLSFL
• 2024-05-04 Price Changed $1,425 RMLSFL
• 2024-04-23 Listed for Rent $1,450 RMLSFL
• 2024-04-13 Listed for Rent $1,900 RMLSFL
• 2024-03-19 Rental Removed $1,350 RMLSFL
• 2024-03-14 Price Changed $1,350 RMLSFL
• 2024-02-29 Price Changed $1,450 RMLSFL
• 2024-02-09 Listed for Rent $1,500 RMLSFL
• 2024-02-09 Rental Removed $1,500 RMLSFL
• 2024-02-06 Listed for Rent $1,500 RMLSFL
• 2023-12-14 Rental Removed $1,590 RMLSFL
• 2023-12-05 Listed for Rent $1,590 RMLSFL
• 2000-07-28 Sold (MLS) $13,000 Beaches MLS
• 2000-06-05 Listing Removed — Beaches MLS
• 2000-03-06 Listed $16,000 Beaches MLS