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B Composite 70.86
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 +26.4/30.0
  • ARV discount +11.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +9.0/10.0
  • Livability +4.1/5.0
  • Condition / age +4.0/5.0
  • Rent growth +3.8/5.0
  • Schools +2.6/10.0
  • Appreciation +0.0/10.0

$155,000

None · West Palm Beach, FL 33401
1 bd · 1.0 ba · 728 sqft · Townhouse public records · 363 Days on market
Built 1986 Good condition $213/sqft · 8% below area Est $168k · 8% under $507/mo HOA · 21% of rent ↓ 3% since listing

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

Listing remarks

Bright & Spacious 1 bed 1 bath. Great for investors. Less than 1 mile from Palm Beach outlets. Biking/walking path along Clear Lake allows quick access to downtown Cityplace and Clematis street, excellent community in one of the hottest locations in WPB.

Key facts

  • Biking walking path
  • $507 HOA
  • Parking

Tags

BIKING WALKING PATHQUICK ACCESS TO DOWNTOWN

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 1-bed/1.0-bath townhouse listed at $155k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $406 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $155k).
  • Recommended offer: $136k (12.0% below list) — sets the bar for market timing.
  • Cap rate 9.4% vs local median 3.8% in West Palm 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 82/100 on livability (#75 in FL, #1,255 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: employment C-, crime 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: Westward Elementary School (math 30% / reading 29%, grade F, #1,896 of 2,144 statewide, top 90%, 500 students, 81% FRL); Bear Lakes Middle School (math 19% / reading 33%, grade F, #506 of 571 statewide, top 89%, 842 students, 74% FRL); Palm Beach Lakes High School (math 17% / reading 26%, grade F, #546 of 667 statewide, top 82%, 2,688 students, 70% FRL) — zoned schools average 75% FRL vs 52% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 26% at this address vs 50% district-wide (-24 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 rising fast (+5.2%/yr); 646 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 + 5.2% rent growth), your $43k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 363 days — a 12% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 2y 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.

Risks & watch-outs

  • Watch-outs: HOA is 21% of rent.
  • 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 $136,400 (12.0% below list)

Questions for the listing agent

  1. It's been on market 363 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  6. 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.
  7. 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.
  8. 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
1.58%
Cap rate
9.44%
Cash-on-cash
11.22%
DSCR
1.50
GRM
5.3

CMA / ARV

ARV (median comp)
$168,048
List price
$155,000
Delta
-7.76%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 9 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
614 Executive Center Dr #102 0.13mi 2/2.0 (+1) 770 (+6%) 1mo $202,500 $263 74
631 Executive Center Dr Unit K104 0.16mi 1/1.0 627 (-14%) 1mo $155,000 $247 69
480 Executive Center Dr Unit 1b 0.24mi 1/1.0 704 (-3%) 18mo $123,500 $175 68
500 Executive Center Dr Unit 5f 0.26mi 1/1.0 704 (-3%) 18mo $103,000 $146 68
300 S Australian Ave #809 0.60mi 1/1.0 757 (+4%) 1mo $370,000 $489 64
300 S Australian Ave #1603 0.60mi 1/1.0 774 (+6%) 1mo $315,000 $407 60
639 Executive Center Dr Unit O-204 0.20mi 1/1.0 627 (-14%) 12mo $165,000 $263 57
300 S Australian Ave #423 0.60mi 1/1.0 729 (+0%) 24mo $290,000 $398 52
300 S Australian Ave #309 0.60mi 1/1.0 774 (+6%) 18mo $292,500 $378 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 · 5.15% rent growth · sell at horizon

5-year hold
IRR
3.7%
Equity multiple
1.15×
Total profit
$6,451
Equity at exit
$23,111
10-year hold
IRR
15.8%
Equity multiple
2.46×
Total profit
$63,340
Equity at exit
$13,402

Cash invested: $43,400 (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
41 active · 24 under contract
Months of supply
49.2 mo (2%/mo absorbed)
Median asking
$179,000 ($279/sqft)
Median days on market
129 d
This list price
22% of active listings are priced below it
ARV vs active asking
-17.3% vs current asking $/sqft

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

ZIP-level market 33401

Rents YoY
5.2%
Active inventory
646
Price-to-rent
5.3×

Monthly cashflow live

Estimated rent
$2,443 high interval (Pro) →
Mortgage (P&I)
$813
Tax from tax record
$140 /mo · $1,679/yr
Insurance
$65
HOA
$507
Vacancy / Maint / Mgmt
$513
Net cashflow
$406

Break-even live

Break-even rent $1,930
Max offer price $155,000
Occupancy floor 78%

Sensitivity live

Price -10% $494 -5% $450 +0% $406 +5% $362 +10% $318
Rent -10% $213 -5% $309 +0% $406 +5% $502 +10% $599
Rate -1.0pp $484 -0.5pp $445 base $406 +0.5pp $366 +1.0pp $325

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
$38,750
Closing costs
$4,650
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
710 Executive Center Dr West Palm Beach, FL 1.0–2.0 1.0–2.0 677 $1,700 $2.51 11d 5 0.06mi
401 Executive Center Dr West Palm Beach, FL 1.0–3.0 1.0–2.0 899 $1,595 $1.77 11d 8 0.31mi
201 Clearwater Dr West Palm Beach, FL 2.0 1.0–2.0 731 $3,188 $4.36 0d 16 0.66mi
201 Clearwater Dr West Palm Beach, FL 2.0 1.0–2.0 731 $4,365 $5.97 88d 16 0.66mi
616 Clearwater Park Rd West Palm Beach, FL 1.0–2.0 1.0–2.0 920 $2,399 $2.61 2d 7 0.70mi
1326 8th St West Palm Beach, FL 1.0 704 $2,100 $2.98 11d 1 0.75mi
1718 Mercer Ave Unit B West Palm Beach, FL 1.0 1.0 675 $1,700 $2.52 10d 1 0.96mi
651 Okeechobee Blvd West Palm Beach, FL 1.0–2.0 1.0–2.0 865 $2,300 $2.66 3d 4 1.04mi
651 Okeechobee Blvd West Palm Beach, FL 1.0–2.0 1.0–2.0 873 $2,900 $3.32 18d 5 1.04mi
651 Okeechobee Blvd West Palm Beach, FL 1.0–2.0 1.0–2.0 865 $2,600 $3.00 10d 4 1.04mi
651 Okeechobee Blvd West Palm Beach, FL 1.0–2.0 1.0–2.5 887 $3,000 $3.38 109d 5 1.04mi
591 Evernia St West Palm Beach, FL 1.0–2.0 1.0–2.0 1066 $3,260 $3.06 0d 19 1.04mi
609 2nd St West Palm Beach, FL 1.0 1.0 592 $2,847 $4.81 9d 1 1.06mi
609 2nd St West Palm Beach, FL 1.0 1.0 592 $2,909 $4.91 89d 1 1.06mi
609 2nd St West Palm Beach, FL 1.0 1.0 592 $2,847 $4.81 24d 1 1.06mi
1050 Blanche St West Palm Beach, FL 2.0 1.0–2.0 766 $2,560 $3.34 0d 8 1.09mi
1500 Centrepark Blvd West Palm Beach, FL 1.0–2.0 1.0–2.0 927 $2,292 $2.47 0d 17 1.13mi
480 Hibiscus St West Palm Beach, FL 1.0–2.0 1.0–2.0 829 $2,800 $3.38 36d 4 1.21mi
480 Hibiscus St West Palm Beach, FL 1.0–2.0 1.0–2.0 829 $2,800 $3.38 54d 4 1.21mi
480 Hibiscus St West Palm Beach, FL 1.0–2.0 1.0–2.0 867 $3,725 $4.29 20d 3 1.21mi
480 Hibiscus St West Palm Beach, FL 1.0–2.0 1.0–2.0 867 $3,000 $3.46 24d 4 1.21mi
480 Hibiscus St West Palm Beach, FL 1.0–2.0 1.0–2.0 829 $2,550 $3.07 10d 6 1.21mi
480 Hibiscus St West Palm Beach, FL 1.0–2.0 1.5–2.0 885 $3,495 $3.95 120d 3 1.21mi
480 Hibiscus St West Palm Beach, FL 1.0–2.0 1.0–2.0 867 $3,200 $3.69 76d 4 1.21mi
480 Hibiscus St West Palm Beach, FL 1.0–2.0 1.0–2.0 867 $3,600 $4.15 98d 4 1.21mi
480 Hibiscus St West Palm Beach, FL 1.0–2.0 1.0–2.0 829 $2,750 $3.32 3d 4 1.21mi
727 Penn St Apt 3 West Palm Beach, FL 1.0 1.0 560 $1,800 $3.21 11d 1 1.23mi
499 Evernia St West Palm Beach, FL 2.0 1.0–2.0 827 $3,573 $4.32 0d 18 1.24mi
499 Evernia St Unit 833 West Palm Beach, FL 1.0 1.0 735 $2,717 $3.70 11d 1 1.24mi
1306 Florida Ave West Palm Beach, FL 2.0 2.5 480 $3,850 $8.02 54d 1 1.26mi
1409 Florida Ave West Palm Beach, FL 2.0 1.0 720 $3,600 $5.00 93d 1 1.28mi
600 S Dixie Hwy West Palm Beach, FL 1.0–2.0 1.0–2.0 895 $2,100 $2.35 3d 7 1.28mi
333 Fern St West Palm Beach, FL 2.0 1.0–2.0 1121 $3,891 $3.47 0d 9 1.29mi
1710 N Congress Ave West Palm Beach, FL 1.0–3.0 1.0–2.0 1222 $2,195 $1.80 11d 7 1.30mi
520 P St West Palm Beach, FL 1.0 1.0 588 $2,500 $4.25 11d 1 1.30mi
1830 Embassy Dr West Palm Beach, FL 1.0–2.0 1.0–1.5 941 $2,100 $2.23 3d 3 1.32mi
1830 Embassy Dr West Palm Beach, FL 1.0–2.0 1.0–1.5 941 $3,100 $3.29 0d 4 1.32mi
623 Park Pl West Palm Beach, FL 1.0 1.0 540 $2,300 $4.26 11d 5 1.34mi
345 Banyan Blvd West Palm Beach, FL 3.0 1.0–2.0 1057 $4,237 $4.01 20d 11 1.34mi
537 S Sequoia Dr West Palm Beach, FL 1.0–2.0 1.0 806 $1,650 $2.05 11d 15 1.36mi

Property features AI

Finance

Other
Association-managed pool
Financial info
Pets allowed (yes) with size limit up to 20 lbs
HOA & community
Monthly association feeAssociation fee covers amenities, common areas, laundry, structure maintenance, pool(s), roof, sewer and waterAssociation amenities include laundry and pool

Exterior

Parking
Assigned parkingGuest parkingOne space assigned
Utilities
Water included in associationSewer included in associationElectric service available
Home design
Attached property3-story buildingEntry on level 2
Construction
Block constructionResale property
Exterior features
BalconyOpen balcony/patio

Interior

Kitchen
DishwasherElectric rangeRefrigerator
Flooring
Laminate
Bathrooms
1 full bathroom
Heating & cooling
Central heatingCentral air conditioning
Interior features
Third floor entryLaminate flooring
Laundry & utility
Common area laundry

Listing history 38 events

  1. 2026-07-16
    days on market $155,000 Active 363 DOM
  2. 2026-07-15
    days on market $155,000 Active 362 DOM
  3. 2026-07-14
    days on market $155,000 Active 361 DOM
  4. 2026-07-13
    days on market $155,000 Active 360 DOM
  5. 2026-07-13
    days on market $155,000 Active 359 DOM
  6. 2026-07-12
    days on market $155,000 Active 358 DOM
  7. 2026-07-10
    days on market $155,000 Active 357 DOM
  8. 2026-07-09
    days on market $155,000 Active 356 DOM
  9. 2026-07-07
    days on market $155,000 Active 354 DOM
  10. 2026-07-06
    days on market $155,000 Active 353 DOM
  11. 2026-07-06
    days on market $155,000 Active 352 DOM
  12. 2026-07-05
    days on market $155,000 Active 351 DOM
  13. 2026-07-04
    days on market $155,000 Active 350 DOM
  14. 2026-07-02
    days on market $155,000 Active 349 DOM
  15. 2026-07-01
    days on market $155,000 Active 348 DOM
  16. 2026-06-30
    days on market $155,000 Active 347 DOM
  17. 2026-06-29
    days on market $155,000 Active 346 DOM
  18. 2026-06-28
    days on market $155,000 Active 345 DOM
  19. 2026-06-27
    days on market $155,000 Active 344 DOM
  20. 2026-06-26
    days on market $155,000 Active 343 DOM
  21. 2026-06-24
    days on market $155,000 Active 341 DOM
  22. 2026-06-22
    days on market $155,000 Active 339 DOM
  23. 2026-06-21
    days on market $155,000 Active 338 DOM
  24. 2026-06-18
    days on market $155,000 Active 335 DOM
  25. 2026-06-17
    days on market $155,000 Active 334 DOM
  26. 2026-06-16
    days on market $155,000 Active 333 DOM
  27. 2026-06-15
    days on market $155,000 Active 332 DOM
  28. 2026-06-13
    days on market $155,000 Active 330 DOM
  29. 2026-06-09
    days on market $155,000 Active 326 DOM
  30. 2026-06-07
    days on market $155,000 Active 324 DOM
  31. 2026-06-04
    days on market $155,000 Active 321 DOM
  32. 2026-06-03
    days on market $155,000 Active 320 DOM
  33. 2026-06-01
    days on market $155,000 Active 318 DOM
  34. 2026-05-31
    days on market $155,000 Active 317 DOM
  35. 2025-07-17
    listed $155,000 Active
  36. 2025-01-27
    status Pending
  37. 2025-01-27
    historical
  38. 2024-10-11
    listed $159,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$1,679 · $140/mo
Projected year-2 tax
$1,679 · $140/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

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 ≥105°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 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$29,320
− Mortgage interest
−$8,682
− Property taxes
−$1,679
− Insurance
−$775
− Repairs & maintenance
−$2,346
− Management
−$2,346
− HOA
−$6,084
− Depreciation
−$4,509
Taxable income
$2,900
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$696
After-tax cash flow
$4,175/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 · 9 photos

Good 80/100 Cosmetic rehab Est. rehab $3,640–$10,920 screening

This townhouse is in good condition with a fresh exterior and well-maintained landscaping, making it an attractive investment opportunity.

Value-add opportunities

  • Both Paint exterior — Fresh paint enhances curb appeal and can increase both resale and rental value
  • Both Landscaping — Well-maintained landscaping can improve curb appeal and attract potential buyers/tenants

ⓘ 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 26/100

Zoned Schools

Elementary Westward Elementary School F FL #1,896/2,144 Nat'l #26,716/41,679 Middle Bear Lakes Middle School F FL #506/571 Nat'l #10,089/14,009 High Palm Beach Lakes High School F FL #546/667 Nat'l #13,899/17,239

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
A Composite livability gradescore 82/100

Livability — West Palm Beach

Score
82/100
State rank
#75
US rank
#1255

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
West Palm Beach, FL
County
Palm Beach County · 1,637,487 people
City population
222,012
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
33,698
Household income
$67,967
Rent vs Own
62.5% rent · 37.5% own
Severe rent burden
18% of renters

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 0.68)
Race & ethnicity
White 43% Black 32% Hispanic / Latino 17% Two or more races 11% Asian 3%
Hispanic origin (detail)
Mexican 2% Puerto Rican 3% Cuban 3%
Common ancestry
Hispanic 6% Slovak 2% Romanian 2%
Foreign-born
26% · Canada, Jamaica, China
Languages at home
73% English-only · Spanish 13% French/Haitian/Cajun 7% Other Asian/Pacific 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

Price history

-3.1% since first listed
4 events — show timeline
  • 2025-07-17 Listed $155,000 MARMLS
  • 2025-01-27 Pending Beaches MLS
  • 2025-01-27 Listing Removed Beaches MLS
  • 2024-10-11 Listed $159,900 Beaches MLS

Property tax history

+9.7%/yr

Latest (2025): $1,679 · +6.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…