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305 NW 50th Ct
C Composite 55.0
Why this score? — see what drove the C 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 +22.5/30.0
  • 1% rule +7.5/10.0
  • DSCR +7.5/10.0
  • ARV discount +7.5/15.0
  • Livability +3.8/5.0
  • Schools +3.4/10.0
  • Rent growth +2.9/5.0
  • Appreciation +2.5/10.0
  • Condition / age +2.2/5.0
  • Manufactured-home adj. -4.8

$46,000

305 NW 50th Ct · Deerfield Beach, FL 33064
2 bd · 2.0 ba · 1,155 sqft · Manufactured · 180 Days on market
Manufactured home 55+ age-restricted Built 1972 Fair condition 2-car garage $40/sqft · 65% below area ↓ 18% since listing

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

Listing remarks

DON'T MISS THIS OPPORTUNITY TO SEE THIS BEAUTIFUL SINGLE MOBILE HOME LOCATED IN A 55+ COMMUNITY AND VERY WELL MAINTAINING. AND VERY SPACIOUS AND HAS A CANAL VIEW. THE MONTHLY LOT RENTAL IS $1,066 WHICH INCLUDES THE WATER, LANDSCAPING, TRASH REMOVAL, TAXES AND ALL AMENITIES. BRING YOUR OFFER!

Key facts

  • Canal view
  • 2 garage spots
  • Built 1972

Tags

CANAL VIEW

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 2-bed/2.0-bath manufactured listed at $46k. 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 ($2k rent vs $46k).
  • Recommended offer: $40k (12.0% below list) — sets the bar for market timing.
  • Cap rate 35.1% vs local median 4.3% in Deerfield 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 75/100 on livability (#250 in FL, #3,970 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A; Watch: amenities D-, employment D-.
  • Broward (suburban): math 42% / reading 53% proficiency, ranked #46 of 73 in FL (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Nova Blanche Forman Elementary (math 35% / reading 55%, grade D-, #1,271 of 2,144 statewide, top 60%, 769 students, 72% FRL); Lyons Creek Middle School (math 49% / reading 53%, grade C, #237 of 571 statewide, top 43%, 1,757 students, 60% FRL); Deerfield Beach High School (math 12% / reading 37%, grade F, #505 of 667 statewide, top 79%, 2,251 students, 69% FRL) — zoned schools average 67% FRL vs 51% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising (+1.8%/yr); 792 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 86d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • This rent runs 30% of the median local income ($71k/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 $318 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
  • Broward County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 1.8% rent growth), your $13k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 180 days — a 12% lower offer ($40k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $40,480 (12.0% below list)

Questions for the listing agent

  1. It's been on market 180 days. Have you received any prior offers? Is the seller open to a 12% 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 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  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
3.92%
Cap rate
35.14%
Cash-on-cash
103.04%
DSCR
5.58
GRM
2.1

CMA / ARV

ARV (median comp)
$130,000
List price
$46,000
Delta
-64.62%
Verdict
UNDERPRICED
Comps
6 within 1.0 mi
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5279 NW 4th Ter 0.19mi 2/2.0 1,196 (+4%) 6mo $175,000 $146 80
4920 NW 2nd Ter 0.10mi 2/2.0 1,263 (+9%) 0mo $62,500 $49 79
462 NW 51st St 0.05mi 2/2.0 1,032 (-11%) 20mo $180,000 $174 63
261 NW 53rd Ct 0.28mi 2/2.0 1,300 (+13%) 5mo $210,000 $162 62
586 NE 47th St 0.85mi 2/1.0 1,073 (-7%) 2mo $33,000 $31 48
4804 NE 2nd Ave 0.46mi 3/2.0 (+1) 1,339 (+16%) 12mo $115,000 $86 38

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 · 1.75% rent growth · sell at horizon

5-year hold
IRR
Equity multiple
5.72×
Total profit
$60,772
Equity at exit
$6,859
10-year hold
IRR
Equity multiple
11.46×
Total profit
$134,771
Equity at exit
$3,977

Cash invested: $12,880 (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
15 active · 6 under contract
Months of supply
18.0 mo (6%/mo absorbed)
Median asking
$149,900 ($109/sqft)
Median days on market
183 d
This list price
7% of active listings are priced below it
ARV vs active asking
+3.6% vs current asking $/sqft

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

ZIP-level market 33064

Home prices YoY
-18.7%
Rents YoY
1.8%
Active inventory
792
Price-to-rent
2.1×

Monthly cashflow live

Estimated rent
$1,802 high interval (Pro) →
Mortgage (P&I)
$241
Tax est. 1.5%
$58 /mo · $690/yr
Insurance
$19
HOA
$0
Lot rent leased land?
$0
Vacancy / Maint / Mgmt
$378
Net cashflow
$1,106

Break-even live

Break-even rent $402
Max offer price $46,000
Occupancy floor 34%

Sensitivity live

Price -10% $1,138 -5% $1,122 +0% $1,106 +5% $1,090 +10% $1,074
Rent -10% $964 -5% $1,035 +0% $1,106 +5% $1,177 +10% $1,248
Rate -1.0pp $1,129 -0.5pp $1,118 base $1,106 +0.5pp $1,094 +1.0pp $1,082

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
$11,500
Closing costs
$1,380
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
1975 Discovery Cir E Deerfield Beach, FL 3.0 3.0 1390 $3,299 $2.37 34d 1 0.19mi
160 NW 53rd St Deerfield Beach, FL 3.0 2.0 1233 $3,000 $2.43 38d 1 0.24mi
1947 Discovery Cir E Deerfield Beach, FL 2.0 2.0 1126 $2,450 $2.18 120d 1 0.24mi
4741 NW 3rd Ter Deerfield Beach, FL 2.0 1.5 870 $2,249 $2.59 10d 1 0.25mi
4730 NW 5th Ave Deerfield Beach, FL 1.0 1.0 994 $1,000 $1.01 40d 1 0.29mi
640 Cypress Club Way Unit G Pompano Beach, FL 2.0 2.0 891 $1,950 $2.19 120d 1 0.30mi
640 Cypress Club Way Unit J12 Deerfield Beach, FL 2.0 2.0 807 $1,895 $2.35 79d 1 0.30mi
640 Cypress Club Way Unit B12 Deerfield Beach, FL 2.0 2.0 807 $2,200 $2.73 20d 1 0.30mi
640 Cypress Club Way Unit B12 Deerfield Beach, FL 2.0 2.0 807 $2,200 $2.73 33d 1 0.30mi
680 Cypress Club Way Unit 680-J Pompano Beach, FL 2.0 2.0 815 $1,900 $2.33 2d 1 0.34mi
2262 Discovery Cir W Deerfield Beach, FL 2.0 2.5 1300 $2,790 $2.15 48d 1 0.36mi
1929 SW 15th St Unit 1929 Deerfield Beach, FL 2.0 2.0 1150 $2,250 $1.96 2d 1 0.37mi
1929 SW 15th St #41 Deerfield Beach, FL 2.0 2.0 1150 $2,400 $2.09 120d 1 0.37mi
631 Cypress Lake Blvd Unit P17 Deerfield Beach, FL 2.0 2.0 807 $1,950 $2.42 108d 1 0.38mi
631 Cypress Lake Blvd Unit J17 Deerfield Beach, FL 2.0 2.0 807 $2,000 $2.48 4d 1 0.38mi
631 Cypress Lake Blvd Unit O17 Deerfield Beach, FL 2.0 2.0 807 $2,100 $2.60 120d 1 0.38mi
2246 Discovery Cir W Deerfield Beach, FL 2.0 2.5 1300 $2,650 $2.04 120d 1 0.39mi
551 NW 46th St Deerfield Beach, FL 2.0 2.0 952 $2,485 $2.61 120d 1 0.40mi
212 NW 46th Ct Deerfield Beach, FL 3.0 2.0 1382 $2,750 $1.99 45d 1 0.40mi
641 Cypress Lake Blvd Unit P Pompano Beach, FL 2.0 2.0 891 $2,050 $2.30 90d 1 0.41mi
605 NW 47th St Deerfield Beach, FL 2.0 2.5 1384 $2,500 $1.81 20d 1 0.41mi
800 Cypress Park Way Unit F1 Deerfield Beach, FL 2.0 2.0 807 $2,000 $2.48 85d 1 0.41mi
800 Cypress Park Way Unit M Pompano Beach, FL 2.0 2.0 807 $2,000 $2.48 98d 1 0.41mi
800 Cypress Park Way Unit F1 Deerfield Beach, FL 2.0 2.0 807 $2,000 $2.48 120d 1 0.41mi
641 Cypress Lake Blvd Unit K18 Deerfield Beach, FL 2.0 2.0 989 $1,975 $2.00 90d 1 0.41mi
641 Cypress Lake Blvd Unit J18 Deerfield Beach, FL 2.0 2.0 807 $2,000 $2.48 6d 1 0.41mi
2067 SW 15th St Deerfield Beach, FL 2.0 2.0 1150 $2,300 $2.00 116d 2 0.41mi
2067 SW 15th St Deerfield Beach, FL 2.0 2.0 1150 $2,325 $2.02 72d 2 0.41mi
671 Cypress Lake Blvd Unit D21 Deerfield Beach, FL 3.0 2.0 974 $2,250 $2.31 108d 1 0.41mi
2067 SW 15th St #232 Deerfield Beach, FL 2.0 2.0 1150 $2,350 $2.04 77d 1 0.41mi
2067 SW 15th St #240 Deerfield Beach, FL 2.0 2.0 1150 $2,200 $1.91 5d 1 0.41mi
2147 Discovery Cir W Deerfield Beach, FL 2.0 2.0 1429 $2,900 $2.03 29d 1 0.42mi
2149 Discovery Cir W Unit 1 Deerfield Beach, FL 2.0 2.5 1300 $2,850 $2.19 118d 1 0.42mi
616 NW 47th St Deerfield Beach, FL 2.0 2.0 793 $2,245 $2.83 20d 1 0.44mi
661 Cypress Lake Blvd Unit I20 Deerfield Beach, FL 3.0 2.0 974 $2,250 $2.31 90d 1 0.44mi
661 Cypress Lake Blvd Unit A20 Deerfield Beach, FL 1.0 1.0 708 $1,700 $2.40 20d 1 0.44mi
661 Cypress Lake Blvd Unit I20 Deerfield Beach, FL 3.0 2.0 974 $2,250 $2.31 97d 1 0.44mi
661 Cypress Lake Blvd Unit I20 Deerfield Beach, FL 3.0 2.0 974 $2,300 $2.36 120d 1 0.44mi
4503 NW 6th Ave Deerfield Beach, FL 3.0 2.0 1148 $2,850 $2.48 120d 1 0.44mi
624 NW 47th St Deerfield Beach, FL 2.0 2.0 793 $2,100 $2.65 110d 1 0.44mi

Property features AI

Finance

Financial info
Property is a resale mobile home
HOA & community
Located in a senior communityPets allowed with breed restrictions

Exterior

Parking
2-car garage2 covered parking spaces
Utilities
Public waterPublic sewerSewer availableWater available
Home design
Mobile HomeSingle-storyFaces southeastResale conditionModel: MERC
Construction
Vinyl sidingModular constructionMetal roofAluminum skirt
Exterior features
Not waterfrontNo waterfront features

Interior

Kitchen
Electric rangeRefrigerator
Bedrooms
2 bedrooms on the main level
Flooring
Other flooring
Bathrooms
2 full bathrooms
Heating & cooling
Central electric heatingCentral electric cooling (air conditioning)
Interior features
No notable built-in interior features
Laundry & utility
Unfurnished (no washer/dryer listed)

Listing history 48 events

  1. 2026-08-10
    days on market $46,000 Active 180 DOM
  2. 2026-08-09
    days on market $46,000 Active 179 DOM
  3. 2026-08-08
    days on market $46,000 Active 178 DOM
  4. 2026-08-06
    days on market $46,000 Active 176 DOM
  5. 2026-08-05
    days on market $46,000 Active 175 DOM
  6. 2026-08-03
    days on market $46,000 Active 173 DOM
  7. 2026-07-31
    days on market $46,000 Active 170 DOM
  8. 2026-07-28
    days on market $46,000 Active 167 DOM
  9. 2026-07-24
    days on market $46,000 Active 163 DOM
  10. 2026-07-23
    days on market $46,000 Active 162 DOM
  11. 2026-07-22
    days on market $46,000 Active 161 DOM
  12. 2026-07-21
    days on market $46,000 Active 160 DOM
  13. 2026-07-20
    days on market $46,000 Active 159 DOM
  14. 2026-07-16
    days on market $46,000 Active 155 DOM
  15. 2026-07-15
    days on market $46,000 Active 154 DOM
  16. 2026-07-14
    days on market $46,000 Active 153 DOM
  17. 2026-07-13
    days on market $46,000 Active 152 DOM
  18. 2026-07-13
    days on market $46,000 Active 151 DOM
  19. 2026-07-11
    days on market $46,000 Active 150 DOM
  20. 2026-07-10
    days on market $46,000 Active 149 DOM
  21. 2026-07-10
    days on market $46,000 Active 148 DOM
  22. 2026-07-07
    days on market $46,000 Active 146 DOM
  23. 2026-07-06
    days on market $46,000 Active 145 DOM
  24. 2026-07-06
    days on market $46,000 Active 144 DOM
  25. 2026-07-03
    days on market $46,000 Active 142 DOM
  26. 2026-07-02
    days on market $46,000 Active 141 DOM
  27. 2026-07-01
    days on market $46,000 Active 140 DOM
  28. 2026-06-30
    days on market $46,000 Active 139 DOM
  29. 2026-06-29
    days on market $46,000 Active 138 DOM
  30. 2026-06-28
    days on market $46,000 Active 137 DOM
  31. 2026-06-27
    days on market $46,000 Active 136 DOM
  32. 2026-06-26
    days on market $46,000 Active 135 DOM
  33. 2026-06-24
    days on market $46,000 Active 133 DOM
  34. 2026-06-21
    days on market $46,000 Active 130 DOM
  35. 2026-06-18
    days on market $46,000 Active 127 DOM
  36. 2026-06-17
    days on market $46,000 Active 126 DOM
  37. 2026-06-16
    days on market $46,000 Active 125 DOM
  38. 2026-06-15
    days on market $46,000 Active 124 DOM
  39. 2026-06-13
    days on market $46,000 Active 122 DOM
  40. 2026-06-09
    days on market $46,000 Active 118 DOM
  41. 2026-06-07
    days on market $46,000 Active 116 DOM
  42. 2026-06-04
    days on market $46,000 Active 113 DOM
  43. 2026-06-03
    days on market $46,000 Active 112 DOM
  44. 2026-06-02
    days on market $46,000 Active 111 DOM
  45. 2026-06-01
    days on market $46,000 Active 110 DOM
  46. 2026-05-31
    days on market $46,000 Active 109 DOM
  47. 2026-03-28
    price $46,000
  48. 2026-02-11
    listed $56,000 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 (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 25 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 · 3 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
$21,628
− Mortgage interest
−$2,577
− Property taxes
−$690
− Insurance
−$230
− Repairs & maintenance
−$1,730
− Management
−$1,730
− Depreciation
−$1,338
Taxable income
$13,333
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,200
After-tax cash flow
$10,072/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

Fair 45/100 Cosmetic rehab Est. rehab $5,775–$17,325 screening

A fair condition mobile home with cosmetic updates needed, located in a 55+ community with canal views.

Repairs flagged

  • Minor fence — Some vegetation needs trimming
  • Minor furniture — Cluttered interior

Value-add opportunities

  • Both Paint exterior — Enhances curb appeal and resale value
  • Both Trim vegetation — Improves curb appeal and rental value

ⓘ 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 34/100

Zoned Schools

Elementary Park Ridge Elementary School F FL #2,030/2,144 Nat'l #29,899/41,679 Middle Lyons Creek Middle School C FL #237/571 Nat'l #3,276/14,009 High Deerfield Beach High School F FL #505/667 Nat'l #12,478/17,239

Schools (NCES district)

District
Broward
NCES district ID
1200180
Math proficiency
42% ▼ -18.00%
Reading proficiency
53% ▼ -5.00%
Median HH income
$52,139
Composite
40.88/100
National rank
#3621
State rank
#46 of 73 in FL
B Composite livability gradescore 75/100

Livability — Deerfield Beach

Score
75/100
State rank
#250
US rank
#3970

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Deerfield Beach, FL
County
Broward County · 2,207,033 people
City population
61,449
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
64,563
Household income
$71,301
Rent vs Own
34.7% rent · 65.3% own
Severe rent burden
16% of renters

Population outlook (Broward County) Hauer SSP2

Today (2025)
2,207,033 people
By 2030
2,360,704 · +7.0%
By 2040
2,661,208 · +20.6%
By 2050
2,946,698 · +33.5%
By 2075
3,602,273 · +63.2%
By 2100
3,970,984 · +79.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Highly diverse neighborhood (Simpson 0.75)
Race & ethnicity
White 34% Hispanic / Latino 27% Black 25% Two or more races 24% Asian 2%
Hispanic origin (detail)
Mexican 4% Puerto Rican 4% Cuban 4% Dominican 2%
Common ancestry
Hispanic 13% Estonian 10% Romanian 1%
Foreign-born
43% · Canada, Jamaica, Dominican Republic
Languages at home
45% English-only · Spanish 23% French/Haitian/Cajun 16% Other Indo-European 13%

Political lean MEDSL · Broward

2024 margin
D (+17.0) · D 58.0% · R 41.0%
2008→2024 swing
-17.8pp toward R · 2008: 34.7pp · 2024: 17.0pp
All cycles
2024: D+17.0 2020: D+29.8 2016: D+35.0 2012: D+34.9 2008: D+34.7

Not yet ingested

Civics

Price history

-17.9% since first listed
2 events — show timeline
  • 2026-03-28 Price Changed $46,000 Beaches MLS
  • 2026-02-11 Listed $56,000 Beaches MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…