59 Plantation Blvd · Greenacres, FL 33467

$199,000

3 bd · 2.0 ba · 1,900 sqft · Manufactured · 12 Days on market

Built 2001 Fair condition

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Livability +3.5/5.0
• Rent growth +2.4/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Beautiful and spacious 3- bedroom, 2-bath manufactured home with approximately 1,900 sq ft of living space. Features a huge sunroom, open-concept floor plan, generous living areas, and plenty of natural light throughout. Located in a desirable all-age community, offering comfort, space and convenience. A great opportunity to own a well-maintained home with room for the whole family. Don't miss it!

Key facts

• Huge sunroom
• Natural light
• Well-maintained home

Tags

• HUGE SUNROOM
• OPEN-CONCEPT FLOOR PLAN
• GENEROUS LIVING AREAS
• NATURAL LIGHT
• WELL-MAINTAINED HOME

Property features AI

Finance

• Other: Pets allowed (cats and dogs OK)
• Financial info: Annual tax recorded
• HOA & community: Land lease of $1,450 monthly (lease expires 2038-01-01)

Exterior

• Parking: 2 total parking spaces; Attached 2-space carport; Concrete parking
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Cable available; Water service available
• Home design: Manufactured home (double wide); One level; West-facing; Resale condition
• Construction: Frame and metal frame construction with metal siding; Shingle roof; Aluminum skirt
• Exterior features: Wrap-around porch; Porch; Not waterfront

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms on the main level
• Flooring: Ceramic tile; Tile
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central individual heating; Central individual cooling
• Interior features: High ceilings; Walk-in closets; Split bedroom layout; Blinds; Single hung wood windows; Smoke detectors
• Laundry & utility: Inside laundry in a laundry closet

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $199k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $199k).

Location & tenants

• Location reads 69/100 on livability (#490 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: Coral Reef Elementary School (math 70% / reading 70%, grade A-, #345 of 2,144 statewide, top 17%, 1,016 students, 36% FRL); Woodlands Middle School (math 51% / reading 58%, grade B-, #183 of 571 statewide, top 34%, 1,551 students, 40% FRL).
• Zoned-school proficiency averages 62% at this address vs 50% district-wide (+13 pts) — the actual schools serving this property are materially stronger than the Palm Beach average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents soft (-0.4%/yr); 651 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 39% of the median local income ($96k/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 $1k of loan paydown is wiped out by about $6k 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $56k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $199,000

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.55% ✓
• Cap rate: 12.71%
• Cash-on-cash: 22.91%
• DSCR: 2.02
• GRM: 5.4

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: 12.4%
• Equity multiple: 1.48×
• Total profit: $26,511
• Equity at exit: $29,672

10-year hold

• IRR: 18.9%
• Equity multiple: 2.36×
• Total profit: $75,558
• Equity at exit: $17,206

Cash invested: $55,720 (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 33467

• Rents YoY: -0.4%
• Active inventory: 651
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $3,088 high
• Mortgage (P&I): −$1,044
• Tax est. 1.5%: −$249 /mo · $2,985/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$648
• Net cashflow: $1,064

Break-even live

Break-even rent $1,741

Max offer price $199,000

Occupancy floor 61%

Sensitivity live

Price	-10% $1,201	-5% $1,133	+0% $1,064	+5% $995	+10% $926
Rent	-10% $820	-5% $942	+0% $1,064	+5% $1,186	+10% $1,308
Rate	-1.0pp $1,164	-0.5pp $1,115	base $1,064	+0.5pp $1,012	+1.0pp $960

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
183 Plantation Blvd Lake Worth, FL	3.0	2.0	1458	$2,350	$1.61	2d	1	0.15mi
6070 Serene Run Lake Worth, FL	3.0	2.0	2485	$3,875	$1.56	24d	1	0.47mi
6319 C Durham Dr Lake Worth, FL	4.0	2.5	2263	$5,000	$2.21	17d	1	0.52mi
6448 Blue Bay Cir Lake Worth, FL	3.0	2.0	2243	$4,000	$1.78	24d	1	0.65mi
5592 1st Rd Lake Worth, FL	3.0	2.0	1693	$3,500	$2.07	4d	1	0.69mi
6166 Cotton Rose Ln Lake Worth, FL	3.0	2.0	2127	$3,400	$1.60	24d	1	0.77mi
6129 Moonbeam Dr Lake Worth, FL	2.0	2.0	1317	$2,226	$1.69	21d	1	0.88mi
7479 Ridgefield Ln Lake Worth, FL	3.0	2.0	1964	$3,300	$1.68	24d	1	0.95mi
6880 Brook Hollow Rd Lake Worth, FL	3.0	2.5	1428	$2,850	$2.00	24d	1	0.95mi
6004 Westfall Rd Lake Worth, FL	3.0	2.0	1417	$3,326	$2.35	12d	1	1.00mi
5172 Fountains Dr S Lake Worth, FL	2.0	2.0	1591	$2,400	$1.51	24d	1	1.04mi
6974 Oak Bridge Ln Lake Worth, FL	2.0	2.5	1310	$2,650	$2.02	15d	1	1.09mi
4770 Fountains Dr S #303 Lake Worth, FL	2.0	2.0	1434	$2,200	$1.53	3d	1	1.17mi
4725 Lucerne Lakes Blvd E Lake Worth, FL	2.0	2.0	1330	$1,950	$1.47	8d	2	1.22mi
4725 Lucerne Lakes Blvd E Lake Worth, FL	2.0	2.0	1330	$1,950	$1.47	21d	2	1.22mi
4735 Lucerne Lakes Blvd E #410 Lake Worth, FL	2.0	2.0	1330	$1,700	$1.28	24d	1	1.22mi
4698 Lucerne Lakes Blvd E #103 Lake Worth, FL	2.0	2.0	1244	$2,100	$1.69	24d	1	1.25mi
4698 Lucerne Lakes Blvd E Unit 46 Greenacres, FL	2.0	2.0	1600	$2,000	$1.25	24d	1	1.25mi
6836 Long Key St Lake Worth, FL	3.0	2.5	1637	$2,950	$1.80	18d	1	1.25mi
4735 Lucerne Lakes Blvd W Unit 410 Greenacres, FL	2.0	2.0	1330	$1,700	$1.28	22d	1	1.25mi
1204 Timberlane Cir Unit 12D Greenacres, FL	3.0	2.0	1332	$2,800	$2.10	4d	1	1.29mi
6064 Beaconwood Rd Lake Worth, FL	2.0	2.0	1692	$2,750	$1.63	8d	1	1.31mi
6298 Harbour Chase Dr Lake Worth, FL	3.0	2.0	1866	$3,500	$1.88	8d	1	1.35mi
6298 Harbour Chase Dr Lake Worth, FL	3.0	2.0	1866	$3,600	$1.93	24d	1	1.35mi
7366 Ashley Shores Cir Lake Worth, FL	3.0	2.5	1945	$4,200	$2.16	8d	1	1.36mi
4702 Fountains Dr S #207 Lake Worth, FL	2.0	2.5	1434	$2,600	$1.81	1d	1	1.37mi
4702 Fountains Dr S #207 Lake Worth, FL	2.0	2.5	1434	$2,600	$1.81	24d	1	1.37mi
4483 Luxemburg Ct #201 Lake Worth, FL	3.0	2.0	1265	$2,800	$2.21	24d	1	1.41mi
5487 Queenship Ct Greenacres, FL	3.0	2.5	1616	$3,000	$1.86	5d	1	1.42mi
7354 Michigan Isle Rd Lake Worth, FL	4.0	3.0	2050	$3,295	$1.61	24d	1	1.43mi
7218 Michigan Isle Rd Lake Worth, FL	3.0	2.0	1656	$3,500	$2.11	14d	1	1.45mi
7218 Michigan Isle Rd Lake Worth, FL	3.0	2.0	1656	$3,500	$2.11	15d	1	1.45mi
4666 Fountains Dr S Unit 124 Greenacres, FL	2.0	2.5	2036	$2,900	$1.42	24d	1	1.47mi
6034 Triphammer Rd Lake Worth, FL	4.0	2.0	1401	$2,950	$2.11	24d	1	1.47mi
4469 Luxemburg Ct Lake Worth, FL	3.0	2.5	1502	$3,400	$2.26	24d	1	1.48mi
441 Pine Glen Ln Unit A1 Greenacres, FL	2.0	1.0	1700	$1,600	$0.94	24d	1	1.50mi

Listing history 9 events

1. 2026-06-18
   days on market $199,000 Active 12 DOM
2. 2026-06-17
   days on market $199,000 Active 11 DOM
3. 2026-06-16
   days on market $199,000 Active 10 DOM
4. 2026-06-15
   days on market $199,000 Active 9 DOM
5. 2026-06-13
   days on market $199,000 Active 7 DOM
6. 2026-06-09
   days on market $199,000 Active 3 DOM
7. 2026-06-08
   days on market $199,000 Active 2 DOM
8. 2026-06-07
   remarks 400-char remark
9. 2026-06-07
   listed $199,000 Active 1 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 · 26 d/yr by 30 yrs out
• 💨 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: $37,050
• − Mortgage interest: −$11,147
• − Property taxes: −$2,985
• − Insurance: −$995
• − Repairs & maintenance: −$2,964
• − Management: −$2,964
• − Depreciation: −$5,789
• Taxable income: $10,206
• Est. tax owed @ 24.0%: −$2,449
• After-tax cash flow: $10,317/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 · 6 photos

Fair 45/100 Moderate rehab

This manufactured home requires extensive repairs and maintenance, including painting, landscaping, HVAC upgrades, and structural repairs. Significant updates are needed to improve its condition and increase its resale and rental value.

Repairs flagged

• Major Roof — No visible photos.
• Major Exterior siding — No visible photos.
• Major Windows — No visible photos.
• Major Interior walls/paint — No visible photos.
• Major Flooring — No visible photos.
• Major HVAC/mechanicals — No visible photos.
• Major Landscaping — No visible photos.

Value-add opportunities

• Both Painting and repainting the exterior and interior — Enhances curb appeal and interior aesthetics.
• Both Landscaping and plantings — Improves curb appeal and adds value to the property.
• Both HVAC maintenance and upgrade — Ensures comfort and energy efficiency, attracting buyers and renters.
• Both Roof inspection and repair — Prevents water damage and ensures structural integrity, attracting buyers and renters.
• Both Window replacement — Improves energy efficiency and enhances curb appeal, attracting buyers and renters.
• Both Flooring replacement — Enhances interior aesthetics and functionality, attracting buyers and renters.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Roof · No visible photos.	Major	$15,000–50,000
Exterior siding · No visible photos.	Major	$15,000–50,000
Windows · No visible photos.	Major	$15,000–50,000
Interior walls/paint · No visible photos.	Major	$15,000–50,000
Flooring · No visible photos.	Major	$15,000–50,000
HVAC/mechanicals · No visible photos.	Major	$15,000–50,000
Landscaping · No visible photos.	Major	$15,000–50,000
Total estimated repair cost · 7 items		$105,000–350,000

Value-add ROI direction

• Both Painting and repainting the exterior and interior — Enhances curb appeal and interior aesthetics. ↑
• Both Landscaping and plantings — Improves curb appeal and adds value to the property. ↑
• Both HVAC maintenance and upgrade — Ensures comfort and energy efficiency, attracting buyers and renters. ↑
• Both Roof inspection and repair — Prevents water damage and ensures structural integrity, attracting buyers and renters. ↑
• Both Window replacement — Improves energy efficiency and enhances curb appeal, attracting buyers and renters. ↑
• Both Flooring replacement — Enhances interior aesthetics and functionality, attracting buyers and renters. ↑

ⓘ 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 — Greenacres

• Score: 69/100
• State rank: #490
• US rank: #9008

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Palm Beach County · 1,438,312 people
• City population: 60,184
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 58,411
• Household income: $95,739
• Rent vs Own: 13.6% rent · 86.4% own
• Severe rent burden: 960.0

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: White 59% Hispanic / Latino 22% Two or more races 13% Black 10% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Cuban 4% Dominican 2%
• Common ancestry: Romanian 4% Scotch-Irish 3% Hispanic 3%
• Foreign-born: 24% · Canada, Jamaica, Vietnam
• Languages at home: 71% English-only · Spanish 17% French/Haitian/Cajun 5% Other Indo-European 3%

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: ▼ -288.94%
• Current HPI: 343.7738
• Rent YoY: ▼ -0.40%
• 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

1 event — show timeline

• 2026-06-06 Listed $199,000 Beaches MLS