6440 Cypress Ln · Seminole Manor, FL 33462

$48,000

2 bd · 2.0 ba · 1,240 sqft · Manufactured · 481 Days on market

Built 1979

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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).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +4.3/10.0
• Rent growth +3.5/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Huge Modular Home in one of the best 55+ Mobile home parks in Lantana, for under 16k? Doesn't get any better! Furniture is included! Live like you're on vacation with two Pools! Tennis Courts! Shuffleboard! Fitness Center! Club house has library & Billiard Room! This park has fun and leisure. It's Gated quiet paved streets are perfect for sunsets walks with loved ones. Your new home includes a carport and 2 side patio area 1 covered 1 screened, waiting for to be used for relaxing. HOA included Water, Common Area RE Tax, Land Lease and Horseshoes. Got a Boat or RV? The park has storage available. Your new home has classic style and is very cozy. Natural light cascades through the front panoramic view windows. Don't wait a minute longer, grab this opportunity before it is too late!

Key facts

• Separate entrance
• New kitchen
• New shower

Tags

• ENCLOSED FLORIDA ROOM
• SEPARATE ENTRANCE
• NEW KITCHEN
• NEW SHOWER
• QUIET COMMUNITY
• LUXURY MOBILE HOME PARK

Property features AI

Finance

• Other: Pets allowed with breed restrictions
• HOA & community: Senior community; Clubhouse; Fitness center; Laundry facilities; Park; Pool; Shuffleboard court; On-site manager; Library; Street lights; Association covers maintenance of grounds, sewer, trash, water and common areas

Exterior

• Parking: Attached carport; Covered parking (2 spaces); 2-car garage
• Utilities: Public water; Public sewer; Sewer available; Water available
• Home design: Manufactured home; Single-story; Faces northwest
• Construction: Modular construction; Metal roof; Manufactured roof
• Exterior features: Open patio; Covered patio; Porch; Not waterfront

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Flooring: Carpet; Laminate
• Bathrooms: 2 full bathrooms (main level)
• Heating & cooling: Central heating; Central air; Electric cooling; Wall/window unit(s)
• Interior features: Dishwasher; Electric range; Refrigerator; Unfurnished
• Laundry & utility: Laundry area in garage

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $48k.

Deal economics

• At list price, monthly cash flow is $2k ($18k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $48k).
• Recommended offer: $42k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#711 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, cost of living A; Watch: amenities F, commute F, employment 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); 383 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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).
• This rent runs 38% of the median local income ($74k/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 $332 of loan paydown is wiped out by about $1k 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 + 4.1% rent growth), your $13k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 481 days — a 12% lower offer ($42k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 7y ago; this cycle's ask has dropped $24k (33%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $15k; list at $48k implies a 220% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $42,240 (12.0% below list)

Questions for the listing agent

1. It's been on market 481 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. 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?
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: 4.86% ✓
• Cap rate: 44.09%
• Cash-on-cash: 135.00%
• DSCR: 7.01
• GRM: 1.7

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: —
• Equity multiple: 7.78×
• Total profit: $91,144
• Equity at exit: $7,157

10-year hold

• IRR: —
• Equity multiple: 16.95×
• Total profit: $214,366
• Equity at exit: $4,150

Cash invested: $13,440 (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: 383
• Price-to-rent: 1.7×

Monthly cashflow live

• Estimated rent: $2,334 high
• Mortgage (P&I): −$252
• Tax est. 1.5%: −$60 /mo · $720/yr
• Insurance: −$20
• HOA: −$0
• Vacancy / Maint / Mgmt: −$490
• Net cashflow: $1,512

Break-even live

Break-even rent $420

Max offer price $48,000

Occupancy floor 30%

Sensitivity live

Price	-10% $1,545	-5% $1,529	+0% $1,512	+5% $1,495	+10% $1,479
Rent	-10% $1,328	-5% $1,420	+0% $1,512	+5% $1,604	+10% $1,696
Rate	-1.0pp $1,536	-0.5pp $1,524	base $1,512	+0.5pp $1,500	+1.0pp $1,487

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: $12,000
• Closing costs: $1,440
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6411 Birch Ln Lake Worth, FL	3.0	2.0	1200	$1,800	$1.50	25d	1	0.07mi
6511 Seminole Dr Unit 2 Atlantis, FL	2.0	1.0	845	$2,150	$2.54	6d	1	0.35mi
4350 Peregrine Way Lake Worth, FL	1.0–3.0	1.0–2.0	1025	$2,704	$2.64	0d	17	0.49mi
580 Tallulah Rd Lake Worth, FL	2.0	1.0	750	$2,500	$3.33	23d	1	0.51mi
6040 Lace Wood Cir Lake Worth, FL	3.0	2.0	1326	$2,799	$2.11	25d	1	0.55mi
3883 Island Club Cir W Lake Worth, FL	3.0	2.5	1308	$2,400	$1.83	18d	1	0.56mi
423 Pine Tree Ct #23 Lake Worth, FL	2.0	2.0	1222	$2,300	$1.88	23d	1	0.63mi
7132 Colony Club Dr Lake Worth, FL	1.0–3.0	1.0–2.0	1087	$2,357	$2.17	0d	15	0.77mi
7398 Willow Springs Cir E Boynton Beach, FL	3.0	2.0	1390	$2,811	$2.02	0d	1	0.91mi
6909 Blue Skies Dr Lake Worth, FL	2.0	2.5	1293	$2,600	$2.01	25d	1	0.91mi
4951 Mallory St Unit 4951 Greenacres, FL	3.0	2.5	1309	$2,700	$2.06	23d	1	0.94mi
4947 Grinnell St Lake Worth, FL	3.0	2.5	1309	$2,850	$2.18	25d	1	0.97mi
4725 Via Bari Lake Worth, FL	1.0–3.0	1.0–2.0	1150	$2,290	$1.99	4d	10	0.98mi
712 Meadows Cir Boynton Beach, FL	2.0	2.0	921	$2,400	$2.61	25d	1	1.10mi
1106 Meadows Cir Boynton Beach, FL	2.0	2.0	900	$1,895	$2.11	23d	1	1.12mi
1106 Meadows Cir Boynton Beach, FL	2.0	2.0	900	$1,850	$2.06	4d	1	1.12mi
316 Meadows Cir #316 Boynton Beach, FL	2.0	2.0	921	$1,995	$2.17	0d	1	1.13mi
1120 Meadows Cir Unit 1120 Boynton Beach, FL	2.0	2.0	900	$1,980	$2.20	25d	1	1.13mi
1205 Meadows Cir Boynton Beach, FL	2.0	2.0	909	$1,900	$2.09	25d	1	1.13mi
1707 Meadows Cir W Unit W Boynton Beach, FL	1.0	1.0	704	$1,650	$2.34	4d	1	1.13mi
1617 Meadows Cir W Boynton Beach, FL	1.0	1.0	704	$1,700	$2.41	12d	1	1.13mi
1722 Meadows Cir #1722 Boynton Beach, FL	1.0	1.0	704	$1,700	$2.41	16d	1	1.13mi
1722 Meadows Cir #1722 Boynton Beach, FL	1.0	1.0	704	$1,700	$2.41	18d	1	1.13mi
6289 Lear Dr Lake Worth, FL	1.0–3.0	1.0–2.0	792	$1,975	$2.49	16d	2	1.17mi
4259 Wood Ride Unit E Boynton Beach, FL	2.0	2.0	1240	$2,350	$1.90	8d	1	1.17mi
6289 Lear Dr #203 Lake Worth, FL	3.0	2.0	1044	$2,200	$2.11	25d	1	1.18mi
5 Heather Trace Dr Boynton Beach, FL	3.0	2.0	1454	$3,100	$2.13	23d	1	1.18mi
5056 Lantana Rd #4302 Lake Worth, FL	2.0	2.0	979	$2,295	$2.34	8d	1	1.22mi
5048 Lantana Rd #5112 Lake Worth, FL	3.0	2.0	1115	$2,200	$1.97	8d	1	1.26mi
5064 Lantana Rd #6203 Lake Worth, FL	2.0	2.0	929	$2,100	$2.26	25d	1	1.28mi
1239 Sussex St Boynton Beach, FL	3.0	2.0	1436	$3,100	$2.16	25d	1	1.28mi
1239 Sussex St Boynton Beach, FL	3.0	2.0	1436	$3,100	$2.16	20d	1	1.28mi
7705 Forest Green Ln Boynton Beach, FL	2.0	2.0	1379	$3,200	$2.32	18d	1	1.29mi
7705 Forest Green Ln Boynton Beach, FL	3.0	2.0	1379	$3,200	$2.32	25d	1	1.29mi
6175 Reflections Blvd Lake Worth, FL	1.0–2.0	1.0–2.0	814	$2,307	$2.83	0d	16	1.30mi
4220 Grove Park Ln Unit 1 Boynton Beach, FL	3.0	2.0	1406	$3,600	$2.56	25d	1	1.32mi
4220 Grove Park Ln Unit 1 Boynton Beach, FL	3.0	2.0	1406	$3,400	$2.42	5d	1	1.32mi
2780 Norfolk Pine Ct Lake Worth, FL	2.0	2.0	1175	$2,400	$2.04	25d	1	1.34mi
3901 Medford Ct Boynton Beach, FL	2.0	2.5	1374	$2,650	$1.93	6d	1	1.39mi
3901 Medford Ct Boynton Beach, FL	2.0	2.5	1374	$2,650	$1.93	25d	1	1.39mi

Listing history 16 events

1. 2026-02-24
   price $48,000
2. 2025-12-04
   price $59,900
3. 2025-12-04
   price $59,000
4. 2025-12-04
   status Active
5. 2025-12-01
   historical
6. 2025-07-03
   price $60,000
7. 2025-05-28
   price $65,000
8. 2025-01-31
   listed $72,000 Active
9. 2024-11-06
   historical
10. 2024-06-15
    listed $49,000 Active
11. 2020-07-10
    soldstatus $15,000 Closed 796-char remark

    Show marketing remark (796 chars)

    Huge Modular Home in one of the best 55+ Mobile home parks in Lantana, for under 16k? Doesn't get any better! Furniture is included! Live like you're on vacation with two Pools! Tennis Courts! Shuffleboard! Fitness Center! Club house has library & Billiard Room! This park has fun and leisure. It's Gated quiet paved streets are perfect for sunsets walks with loved ones. Your new home includes a carport and 2 side patio area 1 covered 1 screened, waiting for to be used for relaxing. HOA included Water, Common Area RE Tax, Land Lease and Horseshoes. Got a Boat or RV? The park has storage available. Your new home has classic style and is very cozy. Natural light cascades through the front panoramic view windows. Don't wait a minute longer, grab this opportunity before it is too late!

12. 2020-05-09
    status Pending 796-char remark

    Show marketing remark (796 chars)

    Huge Modular Home in one of the best 55+ Mobile home parks in Lantana, for under 16k? Doesn't get any better! Furniture is included! Live like you're on vacation with two Pools! Tennis Courts! Shuffleboard! Fitness Center! Club house has library & Billiard Room! This park has fun and leisure. It's Gated quiet paved streets are perfect for sunsets walks with loved ones. Your new home includes a carport and 2 side patio area 1 covered 1 screened, waiting for to be used for relaxing. HOA included Water, Common Area RE Tax, Land Lease and Horseshoes. Got a Boat or RV? The park has storage available. Your new home has classic style and is very cozy. Natural light cascades through the front panoramic view windows. Don't wait a minute longer, grab this opportunity before it is too late!

13. 2020-04-20
    listed $15,650 Active 796-char remark

    Show marketing remark (796 chars)

    Huge Modular Home in one of the best 55+ Mobile home parks in Lantana, for under 16k? Doesn't get any better! Furniture is included! Live like you're on vacation with two Pools! Tennis Courts! Shuffleboard! Fitness Center! Club house has library & Billiard Room! This park has fun and leisure. It's Gated quiet paved streets are perfect for sunsets walks with loved ones. Your new home includes a carport and 2 side patio area 1 covered 1 screened, waiting for to be used for relaxing. HOA included Water, Common Area RE Tax, Land Lease and Horseshoes. Got a Boat or RV? The park has storage available. Your new home has classic style and is very cozy. Natural light cascades through the front panoramic view windows. Don't wait a minute longer, grab this opportunity before it is too late!

14. 2020-04-16
    historical
15. 2020-04-03
    price $18,000
16. 2019-12-16
    listed $20,000 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: $28,006
• − Mortgage interest: −$2,689
• − Property taxes: −$720
• − Insurance: −$240
• − Repairs & maintenance: −$2,240
• − Management: −$2,240
• − Depreciation: −$1,396
• Taxable income: $18,480
• Est. tax owed @ 24.0%: −$4,435
• After-tax cash flow: $13,709/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 — Seminole Manor

• Score: 63/100
• State rank: #711
• US rank: #15076

Category grades

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

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

+140.0% since first listed

16 events — show timeline

• 2026-02-24 Price Changed $48,000 Beaches MLS
• 2025-12-04 Price Changed $59,900 Beaches MLS
• 2025-12-04 Price Changed $59,000 Beaches MLS
• 2025-12-04 Relisted — Beaches MLS
• 2025-12-01 Listing Removed — Beaches MLS
• 2025-07-03 Price Changed $60,000 Beaches MLS
• 2025-05-28 Price Changed $65,000 Beaches MLS
• 2025-01-31 Listed $72,000 Beaches MLS
• 2024-11-06 Listing Removed — MCRTC
• 2024-06-15 Listed $49,000 MCRTC
• 2020-07-10 Sold (MLS) $15,000 Beaches MLS
• 2020-05-09 Pending — Beaches MLS
• 2020-04-20 Listed $15,650 Beaches MLS
• 2020-04-16 Listing Removed — MCRTC
• 2020-04-03 Price Changed $18,000 MCRTC
• 2019-12-16 Listed $20,000 MCRTC