6120 Holly Ln · Atlantis, FL 33462

$159,000

3 bd · 2.0 ba · 1,680 sqft · Manufactured · 53 Days on market

Built 2006 Good condition 10,018 sqft lot $1300/mo HOA · 46% of rent

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Why this score? — see what drove the D 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).

• 1% rule +10.0/10.0
• Cash flow +8.1/30.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Condition / age +4.0/5.0
• Livability +3.6/5.0
• Rent growth +3.5/5.0
• DSCR +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks

Just Listed ! This is an amazing home that is immaculate and being sold furnished turn key . Gorgeous high end furniture , large bedrooms, Master bedroom with private bath with walk in shower with tile , spacious closet. Bedrooms are all split away from each other , allowing privacy for guests. High ceilings with an open floor plan , large dining area, beautiful kitchen with plenty of storage , upper cabinets with glass inserts, interior laundry room, Brand New AC Sept. 2025, New Roof 2019, Porcelain Tile Floors in the living areas , laminate floors in the bedrooms. Located on a corner lot with lush landscaping , detached Storage/Workshop with double doors. Extensive carport with high ceili

Key facts

• Open floor plan
• Plenty of storage
• Private bath

Tags

• PRIVATE BATH
• WALK IN SHOWER
• SPACIOUS CLOSET
• SPLIT BEDROOMS
• OPEN FLOOR PLAN
• PLENTY OF STORAGE

Property features AI

Finance

• Other: Pets allowed with number and size limits
• HOA & community: Homeowners association present; Association fee $1,300; Association covers common areas, laundry, grounds maintenance, pools, recreation facilities, sewer, security, taxes, trash and water; Community amenities: billiard room, clubhouse, fitness center, game room, gated access, kitchen facilities, laundry facilities, library, pool, putting green, shuffleboard, tennis courts; Senior community

Exterior

• Parking: 4 total parking spaces; 4 covered parking spaces
• Utilities: Electricity connected
• Home design: Manufactured home; Single-story
• Construction: Manufactured construction; Resale property
• Exterior features: Community pool

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Furnished; Dual sinks; Separate shower

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $159k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-153 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $137k (13.9% below list).
• Meets the 1% rule at list price ($3k rent vs $159k).
• Recommended offer: $137k (13.9% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 71/100 on livability (#390 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living 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: Starlight Cove Elementary School (math 40% / reading 31%, grade F, #1,684 of 2,144 statewide, top 79%, 737 students, 77% FRL); Tradewinds Middle School (math 25% / reading 35%, grade F, #468 of 571 statewide, top 82%, 912 students, 74% FRL); Santaluces Community High (math 22% / reading 39%, grade F, #434 of 667 statewide, top 66%, 2,675 students, 61% FRL) — zoned schools average 71% FRL vs 52% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 32% at this address vs 50% district-wide (-18 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 (+4.1%/yr); 384 active listings in the ZIP; 40 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).
• At $2,843/mo this rent would consume 46% of the median local household income ($74k/yr) (locally 1852% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

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.

Negotiation context

• It's been on market 53 days — a 3% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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 46% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $136,871 (13.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 53 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 1.79% ✓
• Cap rate: 5.14%
• Cash-on-cash: -4.12%
• DSCR: 0.82
• GRM: 4.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.09% rent growth · sell at horizon

5-year hold

• IRR: -19.7%
• Equity multiple: 0.29×
• Total profit: $-31,512
• Equity at exit: $23,707

10-year hold

• IRR: -7.3%
• Equity multiple: 0.48×
• Total profit: $-23,339
• Equity at exit: $13,747

Cash invested: $44,520 (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.

Methodology + full state rankings →

ZIP-level market 33462

• Rents YoY: 4.1%
• Active inventory: 384
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $2,843 high
• Mortgage (P&I): −$834
• Tax est. 1.5%: −$199 /mo · $2,385/yr
• Insurance: −$66
• HOA: −$1,300
• Vacancy / Maint / Mgmt: −$597
• Net cashflow: $-153

Break-even live

Break-even rent $3,036

Max offer price $136,871

Occupancy floor —

Sensitivity live

Price	-10% $-43	-5% $-98	+0% $-153	+5% $-208	+10% $-263
Rent	-10% $-378	-5% $-265	+0% $-153	+5% $-41	+10% $72
Rate	-1.0pp $-73	-0.5pp $-112	base $-153	+0.5pp $-194	+1.0pp $-236

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: $39,750
• Closing costs: $4,770
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6040 Lace Wood Cir Lake Worth, FL	3.0	2.0	1326	$2,799	$2.11	26d	1	0.05mi
493 Forestview Dr Lake Worth, FL	3.0	2.0	1701	$2,300	$1.35	7d	1	0.18mi
423 Pine Tree Ct #23 Lake Worth, FL	2.0	2.0	1222	$2,300	$1.88	24d	1	0.35mi
3883 Island Club Cir W Lake Worth, FL	3.0	2.5	1308	$2,400	$1.83	19d	1	0.35mi
6411 Birch Ln Lake Worth, FL	3.0	2.0	1200	$1,800	$1.50	26d	1	0.46mi
4648 Silver Saw Ln Lake Worth, FL	3.0	2.5	1718	$3,300	$1.92	12d	1	0.47mi
4735 Blue Pine Cir Lake Worth, FL	3.0	2.0	1732	$3,500	$2.02	26d	1	0.64mi
4983 Pinemore Ln Unit 4983 Greenacres, FL	3.0	2.5	1628	$2,900	$1.78	26d	1	0.71mi
4657 Meyerson Pl Lake Worth, FL	3.0	2.5	1635	$2,900	$1.77	26d	1	0.85mi
4657 Meyerson Pl Lake Worth, FL	3.0	2.5	1635	$2,900	$1.77	22d	1	0.85mi
4665 Meyerson Pl Lake Worth, FL	3.0	2.5	1900	$3,000	$1.58	26d	1	0.85mi
4350 Peregrine Way Lake Worth, FL	1.0–3.0	1.0–2.0	1025	$3,119	$3.04	1d	17	0.88mi
4616 Hollister Ave Unit 4616 Greenacres, FL	3.0	2.5	1628	$3,100	$1.90	26d	1	0.97mi
4607 Hollister Ave Unit 4607 Greenacres, FL	3.0	2.5	1628	$2,950	$1.81	0d	1	0.98mi
4091 Plumbago Pl Lake Worth, FL	3.0	2.0	1816	$1,300	$0.72	26d	1	0.99mi
5048 Lantana Rd #5112 Lake Worth, FL	3.0	2.0	1115	$2,200	$1.97	9d	1	1.02mi
6909 Blue Skies Dr Lake Worth, FL	2.0	2.5	1293	$2,600	$2.01	26d	1	1.10mi
4951 Mallory St Unit 4951 Greenacres, FL	3.0	2.5	1309	$2,700	$2.06	24d	1	1.14mi
7132 Colony Club Dr Lake Worth, FL	1.0–3.0	1.0–2.0	1087	$2,919	$2.69	1d	15	1.20mi
4947 Grinnell St Lake Worth, FL	3.0	2.5	1309	$2,850	$2.18	26d	1	1.20mi
300 John F Kennedy Dr #8 Lake Worth, FL	3.0	2.0	1711	$3,200	$1.87	3d	1	1.23mi
300 John F Kennedy Dr #208 Lake Worth, FL	3.0	2.0	1548	$4,800	$3.10	26d	1	1.23mi
300 John F Kennedy Dr #8 Lake Worth, FL	3.0	2.0	1711	$3,100	$1.81	5d	1	1.23mi
300 John F Kennedy Dr #101 Lake Worth, FL	3.0	2.0	1711	$3,500	$2.05	24d	1	1.23mi
3327 Sapphire Rd Lake Worth, FL	4.0	3.0	1377	$3,400	$2.47	13d	1	1.26mi
3327 Sapphire Rd Lake Worth, FL	4.0	3.0	1377	$3,350	$2.43	4d	1	1.26mi
250 John F Kennedy Dr #408 Lake Worth, FL	3.0	2.0	1734	$2,700	$1.56	26d	1	1.27mi
250 John F Kennedy Dr #308 Lake Worth, FL	3.0	2.0	1734	$2,300	$1.33	21d	1	1.27mi
4725 Via Bari Lake Worth, FL	1.0–3.0	1.0–2.0	1150	$2,829	$2.46	0d	9	1.27mi
7093 Middlebury Dr Unit 7093 Boynton Beach, FL	4.0	2.0	1470	$3,000	$2.04	26d	1	1.30mi
4863 Gulfstream Rd Lake Worth Beach, FL	3.0	1.0	1050	$2,200	$2.10	26d	1	1.32mi
5005 Northern Lights Dr Unit 5005 Greenacres, FL	3.0	2.5	1616	$3,200	$1.98	26d	1	1.33mi
3884 Melaleuca Ln Lake Worth, FL	3.0	3.0	1407	$2,750	$1.95	9d	1	1.35mi
6175 Reflections Blvd Lake Worth, FL	1.0–2.0	1.0–2.0	814	$2,307	$2.83	1d	16	1.38mi
3920 Melaleuca Ln Unit 303 Lake Worth Beach, FL	3.0	3.0	1407	$2,695	$1.92	26d	1	1.38mi
7398 Willow Springs Cir E Boynton Beach, FL	3.0	2.0	1390	$2,811	$2.02	0d	1	1.39mi
116 Palm Cir Lake Worth, FL	3.0	2.5	2230	$3,000	$1.35	22d	1	1.40mi
4616 Villas Santorini Dr Unit 4653 Lake Worth Beach, FL	3.0	2.0	1200	$2,450	$2.04	26d	1	1.42mi
4302 Colony View Dr Unit 4302 Greenacres, FL	3.0	2.5	1851	$3,000	$1.62	22d	1	1.42mi
5012 Starblaze Dr Greenacres, FL	3.0	2.5	1616	$2,900	$1.79	26d	1	1.45mi

HOA detail

• Monthly dues: $1,300 · $15,600/yr
• Likely covers: landscaping

Listing history 19 events

1. 2026-06-21
   days on market $159,000 Active 53 DOM
2. 2026-06-18
   days on market $159,000 Active 50 DOM
3. 2026-06-17
   days on market $159,000 Active 49 DOM
4. 2026-06-16
   days on market $159,000 Active 48 DOM
5. 2026-06-15
   days on market $159,000 Active 47 DOM
6. 2026-06-13
   days on market $159,000 Active 45 DOM
7. 2026-06-09
   days on market $159,000 Active 41 DOM
8. 2026-06-08
   days on market $159,000 Active 40 DOM
9. 2026-06-07
   days on market $159,000 Active 39 DOM
10. 2026-06-04
    days on market $159,000 Active 36 DOM
11. 2026-06-03
    days on market $159,000 Active 35 DOM
12. 2026-06-02
    days on market $159,000 Active 34 DOM
13. 2026-06-01
    days on market $159,000 Active 33 DOM
14. 2026-05-31
    days on market $159,000 Active 32 DOM
15. 2026-04-29
    listed $159,000 Active
16. 2026-04-27
    status Active
17. 2026-04-27
    historical
18. 2026-02-18
    status Pending
19. 2025-11-03
    listed $159,000 Active

ⓘ 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 ≥105°F today · 27 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: $34,115
• − Mortgage interest: −$8,906
• − Property taxes: −$2,385
• − Insurance: −$795
• − Repairs & maintenance: −$2,729
• − Management: −$2,729
• − HOA: −$15,600
• − Depreciation: −$4,625
• Taxable loss: −$3,656
• Est. tax savings @ 24.0%: +$877
• After-tax cash flow: $-958/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

Good 80/100 Cosmetic rehab

This immaculate, furnished manufactured home is in excellent condition with a fresh paint job and new AC, making it a turn-key investment ready for immediate occupancy.

Value-add opportunities

• Both Paint exterior — Enhances curb appeal and resale value.
• Both Replace worn-out flooring — Improves aesthetics and functionality.
• Both Upgrade kitchen appliances — Modernizes the space and attracts buyers/renters.
• Both Add smart home features — Enhances convenience and adds value to the property.

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior — Enhances curb appeal and resale value. ↑
• Both Replace worn-out flooring — Improves aesthetics and functionality. ↑
• Both Upgrade kitchen appliances — Modernizes the space and attracts buyers/renters. ↑
• Both Add smart home features — Enhances convenience and adds value to the property. ↑

ⓘ 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 — Atlantis

• Score: 71/100
• State rank: #390
• US rank: #6861

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Palm Beach County · 1,438,312 people
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 33,371
• Household income: $73,997
• Rent vs Own: 35.1% rent · 64.9% own
• Severe rent burden: 1852.0

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 0.68)
• Race & ethnicity: White 44% Black 26% Hispanic / Latino 26% Two or more races 11% Asian 2%
• Hispanic origin (detail): Mexican 8% Puerto Rican 5% Cuban 3%
• Common ancestry: Hispanic 14% Romanian 2% Scotch-Irish 2%
• Foreign-born: 31% · Canada, Jamaica, Dominican Republic
• Languages at home: 60% English-only · Spanish 20% French/Haitian/Cajun 16% Other Indo-European 1%

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: ▼ -295.48%
• Current HPI: 361.5391
• Rent YoY: ▲ 4.09%
• 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

+0.0% since first listed

5 events — show timeline

• 2026-04-29 Listed $159,000 MCRTC
• 2026-04-27 Relisted — MCRTC
• 2026-04-27 Listing Removed — MCRTC
• 2026-02-18 Pending — MCRTC
• 2025-11-03 Listed $159,000 MCRTC