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6683 Southport Dr
B+ Composite 75.47
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
  • Appreciation +5.1/10.0
  • Schools +4.3/10.0
  • Livability +3.6/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$209,000

6683 Southport Dr · Boynton Beach, FL 33472
3 bd · 2.0 ba · 1,727 sqft · SingleFamily public records · 251 Days on market
Built 2001 7,542 sqft lot $363/mo HOA · 10% of rent

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

Listing remarks

JUST REDUCED! 3/2 single-family home located in the 55+ GATED community of ABERDEEN COUNTRY CLUB where the membership is MANDATORY. Community offers great amenities, lifestyle and the Jim Fazio designed 18-hole golf course. High ceilings throughout the home and open-kitchen/living area concept. The primary bathroom has double sinks, shower & tub. Lot of storage and walk-in closet space throughout the home. Third bedroom can be converted into a guest room, office, den or much more. Amazing layout to get creative with, even having a more formal dining room and breakfast nook! Hurricane shutters are located inside the garage and plenty of space for multiple cars in th

Key facts

  • Gated community
  • Double sinks
  • Walk-in closet space

Tags

GATED COMMUNITYJIM FAZIO DESIGNED GOLF COURSEOPEN KITCHEN LIVING AREADOUBLE SINKSWALK-IN CLOSET SPACEFORMAL DINING ROOM

Property features AI

Finance

  • HOA & community: Monthly association fee; Clubhouse; Fitness center; Golf course community; Golf; Game room; Pickleball; Pool; Sidewalks; Tennis courts; Senior community

Exterior

  • Parking: 2-car garage; Driveway; Paver block; Garage door opener; 2 covered parking spaces
  • Security: Storm/security shutters
  • Utilities: Public water; Public sewer
  • Home design: Single-story; Faces south; Resale property
  • Construction: Block construction; Barrel roof
  • Exterior features: Room for pool; Storm/security shutters; Community pool; Community spa

Interior

  • Kitchen: Electric range; Microwave; Dishwasher; Refrigerator; Breakfast bar/area
  • Bedrooms: Bedroom on main level; Attic (additional room)
  • Flooring: Ceramic tile; Vinyl
  • Bathrooms: 2 full bathrooms; Dual sinks; Separate shower
  • Heating & cooling: Central heating; Central air; Ceiling fan(s)
  • Interior features: Breakfast bar; Built-in features; Breakfast area; Dining area; Separate/formal dining room; Dual sinks; First floor entry; High ceilings; Living/dining room; Main level primary; Separate shower; Walk-in closet(s); Attic
  • Laundry & utility: Washer; Dryer

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 3-bed/2.0-bath single-family listed at $209k.

Deal economics

  • At list price, monthly cash flow is $982 ($12k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $209k).
  • Recommended offer: $184k (12.0% below list) — sets the bar for market timing.
  • Cap rate 11.9% vs local median 4.3% in Boynton 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 72/100 on livability (#351 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety B+, cost of living B; Watch: amenities D+, crime D-, 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.
  • Market conditions: 169 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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).

Forward outlook

  • In year one you build about $2k of equity ($1k loan paydown + $414 appreciation (0.2% local appreciation)).
  • Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (0.2% appreciation + 3.0% rent growth), your $59k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 251 days — a 12% lower offer ($184k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 16y ago; this cycle's ask has dropped $90k (30%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $183,920 (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. 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 D 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
1.73%
Cap rate
11.93%
Cash-on-cash
20.14%
DSCR
1.90
GRM
4.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.2% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
20.5%
Equity multiple
2.00×
Total profit
$58,703
Equity at exit
$62,766
10-year hold
IRR
24.5%
Equity multiple
3.78×
Total profit
$162,608
Equity at exit
$77,126

Cash invested: $58,520 (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 33472

Home prices YoY
0.1%
Active inventory
169
Price-to-rent
4.8×

Monthly cashflow live

Estimated rent
$3,626 high interval (Pro) →
Mortgage (P&I)
$1,096
Tax from tax record
$336 /mo · $4,036/yr
Insurance
$87
HOA
$363
Vacancy / Maint / Mgmt
$761
Net cashflow
$982

Break-even live

Break-even rent $2,383
Max offer price $209,000
Occupancy floor 68%

Sensitivity live

Price -10% $1,100 -5% $1,041 +0% $982 +5% $923 +10% $864
Rent -10% $695 -5% $839 +0% $982 +5% $1,125 +10% $1,268
Rate -1.0pp $1,087 -0.5pp $1,035 base $982 +0.5pp $928 +1.0pp $873

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
$52,250
Closing costs
$6,270
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
6731 Southport Dr Boynton Beach, FL 3.0 2.0 1727 $3,600 $2.08 25d 1 0.07mi
6143 Windlass Cir Boynton Beach, FL 4.0 2.5 2245 $4,200 $1.87 19d 1 0.35mi
6365 Lansdowne Cir Boynton Beach, FL 3.0 2.0 1769 $3,200 $1.81 3d 1 0.44mi
8082 Aberdeen Dr #102 Boynton Beach, FL 2.0 2.0 1619 $8,500 $5.25 25d 1 0.44mi
9121 Paragon Way Boynton Beach, FL 4.0 2.0 2154 $4,950 $2.30 25d 1 0.50mi
9336 Water Course Way Boynton Beach, FL 3.0 2.0 1779 $3,600 $2.02 25d 1 0.73mi
9336 Water Course Way Boynton Beach, FL 3.0 2.0 1779 $3,600 $2.02 22d 1 0.73mi
8520 Tourmaline Blvd Boynton Beach, FL 4.0 2.0 1699 $4,000 $2.35 19d 1 0.82mi
7192 Summer Tree Dr Boynton Beach, FL 2.0 2.0 1722 $3,000 $1.74 25d 1 0.92mi
5945 Parkwalk Dr Boynton Beach, FL 2.0 2.0 1178 $2,500 $2.12 22d 1 0.93mi
6039 Sunberry Cir Boynton Beach, FL 4.0 2.0 2149 $3,650 $1.70 6d 1 0.99mi
7888 Sonoma Springs Cir #105 Lake Worth, FL 2.0 2.0 1105 $2,200 $1.99 25d 1 1.00mi
5537 Pebble Brook Ln Boynton Beach, FL 3.0 2.0 1166 $2,825 $2.42 15d 1 1.02mi
8884 Shoal Creek Ln Boynton Beach, FL 3.0 2.0 1936 $4,900 $2.53 25d 1 1.03mi
8884 Shoal Creek Ln Boynton Beach, FL 3.0 2.0 1936 $5,000 $2.58 11d 1 1.03mi
8884 Shoal Creek Ln Boynton Beach, FL 3.0 2.0 1936 $4,750 $2.45 0d 1 1.03mi
9629 El Clair Ranch Rd Boynton Beach, FL 4.0 2.0 2231 $4,800 $2.15 25d 1 1.03mi
6581 Marissa Cir Lake Worth, FL 3.0 2.0 1414 $3,300 $2.33 19d 1 1.04mi
7275 Summer Tree Dr Boynton Beach, FL 2.0 2.0 1722 $4,300 $2.50 25d 1 1.04mi
6165 Country Fair Cir Boynton Beach, FL 3.0 2.5 1656 $3,200 $1.93 25d 1 1.06mi
7856 Sonoma Springs Cir #205 Lake Worth, FL 2.0 2.0 1105 $2,100 $1.90 0d 1 1.07mi
9215 Sun Pointe Dr Boynton Beach, FL 4.0 2.0 2142 $4,650 $2.17 25d 1 1.07mi
9215 Sun Pointe Dr Boynton Beach, FL 4.0 2.0 2142 $4,650 $2.17 11d 1 1.07mi
7418 Wescott Ter Lake Worth, FL 3.0 2.5 2170 $3,250 $1.50 8d 1 1.11mi
7840 Sonoma Springs Cir #103 Lake Worth, FL 2.0 2.0 1105 $2,200 $1.99 25d 1 1.11mi
9565 El Clair Ranch Rd Boynton Beach, FL 3.0 2.0 1867 $3,500 $1.87 8d 1 1.12mi
9565 El Clair Ranch Rd Boynton Beach, FL 3.0 2.0 1867 $3,500 $1.87 21d 1 1.12mi
7891 Sailing Shores Ter Unit 7891 Boynton Beach, FL 3.0 2.0 2011 $3,000 $1.49 8d 1 1.13mi
7891 Sailing Shores Ter Boynton Beach, FL 3.0 2.0 2011 $3,400 $1.69 17d 1 1.13mi
7577 Caprio Dr Boynton Beach, FL 3.0 2.0 1884 $3,200 $1.70 14d 1 1.14mi
7577 Caprio Dr Boynton Beach, FL 3.0 2.0 1884 $3,200 $1.70 3d 1 1.14mi
9650 Harbour Lake Cir Boynton Beach, FL 3.0 2.0 1937 $2,975 $1.54 25d 1 1.16mi
7725 Rockford Rd Boynton Beach, FL 3.0 2.5 2249 $10,000 $4.45 3d 1 1.20mi
9654 Sun Pointe Dr Boynton Beach, FL 4.0 2.0 2142 $4,400 $2.05 25d 1 1.21mi
7832 Rockford Rd Boynton Beach, FL 3.0 2.0 1598 $3,800 $2.38 22d 1 1.30mi
9926 Watermill Cir Unit F Boynton Beach, FL 3.0 2.0 1471 $2,400 $1.63 25d 1 1.32mi
7975 Rockford Rd Boynton Beach, FL 2.0 2.0 1720 $3,700 $2.15 25d 1 1.34mi
7085 Merganser Ct Lake Worth, FL 2.0 2.0 1155 $2,110 $1.83 2d 1 1.34mi
10206 Stonehenge Cir Boynton Beach, FL 1.0–3.0 1.0–2.0 1054 $2,650 $2.51 0d 12 1.37mi
7936 Rockford Rd Boynton Beach, FL 3.0 2.0 1871 $9,000 $4.81 22d 1 1.39mi

HOA detail

Monthly dues
$363 · $4,356/yr
Likely covers
security

Listing history 34 events

  1. 2026-06-18
    days on market $209,000 Active 251 DOM
  2. 2026-06-17
    days on market $209,000 Active 250 DOM
  3. 2026-06-16
    days on market $209,000 Active 249 DOM
  4. 2026-06-15
    days on market $209,000 Active 248 DOM
  5. 2026-06-13
    days on market $209,000 Active 246 DOM
  6. 2026-06-10
    remarks 675-char remark
  7. 2026-06-10
    price $209,000 Active 242 DOM
  8. 2026-06-09
    days on market $234,900 Active 242 DOM
  9. 2026-06-07
    days on market $234,900 Active 240 DOM
  10. 2026-06-04
    days on market $234,900 Active 237 DOM
  11. 2026-06-03
    days on market $234,900 Active 236 DOM
  12. 2026-06-01
    days on market $234,900 Active 234 DOM
  13. 2026-05-31
    days on market $234,900 Active 233 DOM
  14. 2026-03-10
    status Active
  15. 2026-03-08
    historical
  16. 2026-02-27
    price $234,900
  17. 2025-12-19
    price $264,900
  18. 2025-10-22
    price $285,000
  19. 2025-10-09
    listed $299,000 Active
  20. 2022-01-28
    historical
  21. 2021-12-02
    price $315,000
  22. 2021-07-17
    price $299,900
  23. 2021-04-16
    price $259,900
  24. 2021-03-20
    price $249,900
  25. 2020-09-06
    price $239,900
  26. 2018-07-15
    price $223,500
  27. 2018-02-08
    price $224,900
  28. 2017-09-16
    listed $210,000 Active
  29. 2017-08-21
    historical
  30. 2017-06-06
    price $220,000
  31. 2017-06-06
    listed $225,000 Active
  32. 2010-11-07
    historical
  33. 2010-05-07
    listed $260,000
  34. 1998-12-23
    soldstatus $5,040,000

ⓘ 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
$4,036 · $336/mo
Projected year-2 tax
$4,036 · $336/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 9/10 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 1 unhealthy d/yr today · 2 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
$43,510
− Mortgage interest
−$11,707
− Property taxes
−$4,036
− Insurance
−$1,045
− Repairs & maintenance
−$3,481
− Management
−$3,481
− HOA
−$4,356
− Depreciation
−$6,080
Taxable income
$9,324
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,238
After-tax cash flow
$9,545/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
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 — Boynton Beach

Score
72/100
State rank
#351
US rank
#6098

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

City population
148,060
Population (ZIP)
18,689

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 0.56)
Race & ethnicity
White 63% Hispanic / Latino 18% Two or more races 14% Black 10% Asian 4%
Hispanic origin (detail)
Mexican 2% Puerto Rican 2% Cuban 7%
Common ancestry
Romanian 5% Scotch-Irish 4% Hispanic 3%
Foreign-born
24% · Canada, China, Jamaica
Languages at home
77% English-only · Spanish 11% Other Indo-European 4% French/Haitian/Cajun 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
▲ 0.20%
Current HPI
268.1142
Rent YoY
Metro
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

-95.3% since first listed
21 events — show timeline
  • 2026-03-10 Relisted MARMLS
  • 2026-03-08 Listing Removed MARMLS
  • 2026-02-27 Price Changed $234,900 MARMLS
  • 2025-12-19 Price Changed $264,900 MARMLS
  • 2025-10-22 Price Changed $285,000 MARMLS
  • 2025-10-09 Listed $299,000 MARMLS
  • 2022-01-28 Listing Removed Beaches MLS
  • 2021-12-02 Price Changed $315,000 Beaches MLS
  • 2021-07-17 Price Changed $299,900 Beaches MLS
  • 2021-04-16 Price Changed $259,900 Beaches MLS
  • 2021-03-20 Price Changed $249,900 Beaches MLS
  • 2020-09-06 Price Changed $239,900 Beaches MLS
  • 2018-07-15 Price Changed $223,500 Beaches MLS
  • 2018-02-08 Price Changed $224,900 Beaches MLS
  • 2017-09-16 Listed $210,000 Beaches MLS
  • 2017-08-21 Listing Removed Beaches MLS
  • 2017-06-06 Price Changed $220,000 Beaches MLS
  • 2017-06-06 Listed $225,000 Beaches MLS
  • 2010-11-07 Listing Removed Beaches MLS
  • 2010-05-07 Listed $260,000 Beaches MLS
  • 1998-12-23 Sold (Public Records) $5,040,000 Public Records

Property tax history

+2.3%/yr

Latest (2025): $4,036 · +9.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…