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882 Olive Conch St
D- Composite 37.45
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).

  • ARV discount +12.0/15.0
  • Cash flow +7.3/30.0
  • Condition / age +4.0/5.0
  • Schools +3.6/10.0
  • Livability +3.6/5.0
  • 1% rule +2.8/10.0
  • Rent growth +2.7/5.0
  • DSCR +1.5/10.0
  • Appreciation +0.0/10.0

$359,900

882 Olive Conch St · Ruskin, FL 33570
5 bd · 3.0 ba · 2,264 sqft · SingleFamily public records · 100 Days on market
Built 2021 Good condition 5,000 sqft lot Garage $159/sqft · 10% below area Est $400k · 10% under $9/mo HOA

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

Listing remarks MLS

Under Construction. The Boston floor plan is a spacious 2,215 square foot new home with five bedrooms and two and a half bathrooms. This floor plan provides plenty of space to accommodate your family. The enormous kitchen makes it easy and fun to host, entertain, or prepare a grand Sunday night dinner for the family. The dining room opens into an enormous family room, for everyone to enjoy friends and family between meals. The second floor contains the owner's suite with a double vanity and water closet for convenience. You'll love having extra room with this floor plan with four additional bedrooms, a full-sized bathroom and loft, and perfect place for an office space or to just kick back and watch a movie. Interior photos disclosed are different from the actual model being built.

Key facts

  • Ample cabinetry
  • Private backyard
  • 5,000 sq ft lot

Tags

OPEN-CONCEPT FLOOR PLANAMPLE CABINETRYGENEROUS COUNTER SPACEPRIVATE BACKYARD

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 5-bed/3.0-bath single-family listed at $360k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-899 ($-11k/yr) — negative.
  • To cash-flow at today's rent, offer at most $201k (44.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $281k (22.0% below list).
  • Recommended offer: $201k (44.1% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 71/100 on livability (#392 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, commute B+; Watch: amenities F, health & safety F.
  • Hillsborough (suburban): math 47% / reading 50% proficiency, ranked #41 of 73 in FL (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Thompson Elementary (math 42% / reading 40%, grade F, #1,454 of 2,144 statewide, top 69%, 744 students, 69% FRL); Shields Middle School (math 29% / reading 27%, grade F, #486 of 571 statewide, top 86%, 1,867 students, 68% FRL); Lennard High School (math 30% / reading 46%, grade F, #328 of 667 statewide, top 50%, 2,404 students, 47% FRL).
  • Zoned-school proficiency averages 36% at this address vs 48% district-wide (-13 pts) — the specific schools serving this property underperform the Hillsborough average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents flat; 703 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals lingering (median 43d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 54% of comp listings sitting > 30 days — soft ceiling on asking rent; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
  • At $2,805/mo this rent would consume 47% of the median local household income ($72k/yr) — 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 $2k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
  • Hillsborough County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 100 days — a 9% lower offer ($328k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 6y 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.
  • Current owner paid $259k; 39% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $201,021 (44.1% 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 100 days. Have you received any prior offers? Is the seller open to a 44% concession, seller financing, or rate buy-down credit?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  8. 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?
  9. 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.
  10. 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.
  11. 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
0.78%
Cap rate
4.72%
Cash-on-cash
-5.63%
DSCR
0.75
GRM
10.7

CMA / ARV

ARV (median comp)
$399,658
List price
$359,900
Delta
-9.95%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1532 Bonita Bluff Ct 0.43mi 4/3.0 (-1) 2,210 (-2%) 5mo $210,500 $95 67
451 Sunlit Coral St 0.40mi 5/3.0 2,522 (+11%) 0mo $339,900 $135 62
506 3rd Ave SE 1.25mi 4/3.0 (-1) 2,349 (+4%) 0mo $410,000 $175 53
972 Ocean Spray Dr 0.35mi 4/2.0 (-1) 1,926 (-15%) 0mo $320,000 $166 50
556 19th St NW 1.01mi 4/2.5 (-1) 2,732 (+21%) 10mo $360,000 $132 25
546 Vista Ridge Dr 0.83mi 4/2.0 (-1) 1,929 (-15%) 36mo $375,000 $194 11

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 · 0.9% rent growth · sell at horizon

5-year hold
IRR
-38.7%
Equity multiple
-0.20×
Total profit
$-120,979
Equity at exit
$53,662
10-year hold
IRR
-80.2%
Equity multiple
-0.99×
Total profit
$-200,207
Equity at exit
$31,118

Cash invested: $100,772 (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
35 active · 15 under contract
Months of supply
70.0 mo (1%/mo absorbed)
Median asking
$380,000 ($161/sqft)
Median days on market
81 d
This list price
37% of active listings are priced below it
ARV vs active asking
+9.5% vs current asking $/sqft

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

ZIP-level market 33570

Home prices YoY
-28.8%
Rents YoY
0.9%
Active inventory
703
Price-to-rent
10.7×

Monthly cashflow live

Estimated rent
$2,805 high interval (Pro) →
Mortgage (P&I)
$1,887
Tax from tax record
$643 /mo · $7,714/yr
Insurance
$150
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$9
Vacancy / Maint / Mgmt
$589
Net cashflow
$-899

Break-even live

Break-even rent $3,944
Max offer price $201,021
Occupancy floor

Sensitivity live

Price -10% $-696 -5% $-798 +0% $-899 +5% $-1,001 +10% $-1,103
Rent -10% $-1,121 -5% $-1,010 +0% $-899 +5% $-789 +10% $-678
Rate -1.0pp $-718 -0.5pp $-808 base $-899 +0.5pp $-993 +1.0pp $-1,088

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
$89,975
Closing costs
$10,797
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 24 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
861 Olive Conch St Ruskin, FL 4.0 2.5 1914 $2,300 $1.20 54d 1 0.00mi
951 Olive Conch St Ruskin, FL 5.0 2.5 2389 $2,700 $1.13 73d 1 0.06mi
774 Olive Conch St Ruskin, FL 5.0 2.5 2264 $2,650 $1.17 48d 1 0.07mi
929 Anchor Bend Dr Ruskin, FL 4.0 2.0 1935 $2,495 $1.29 14d 1 0.12mi
811 Parker Den Dr Ruskin, FL 4.0 2.5 2325 $2,800 $1.20 73d 1 0.16mi
602 Olive Conch St Ruskin, FL 4.0 2.5 2078 $2,300 $1.11 54d 1 0.18mi
984 Ocean Spray Dr Ruskin, FL 4.0 3.0 2260 $2,315 $1.02 16d 1 0.34mi
996 Ocean Spray Dr Ruskin, FL 5.0 3.0 2387 $2,580 $1.08 12d 1 0.34mi
1215 Ocean Spray Dr Ruskin, FL 4.0 2.5 2035 $2,290 $1.13 16d 1 0.39mi
477 Sunlit Coral St Ruskin, FL 4.0 2.5 2328 $2,149 $0.92 73d 1 0.40mi
1620 Bonita Bluff Ct Ruskin, FL 4.0 2.0 2187 $2,166 $0.99 54d 1 0.61mi
1761 Bonita Bluff Ct Ruskin, FL 4.0 2.0 2112 $2,395 $1.13 15d 1 0.72mi
1824 Mira Lago Cir Ruskin, FL 4.0 2.0 2358 $2,540 $1.08 22d 1 0.73mi
1824 Mira Lago Cir Ruskin, FL 4.0 2.0 2358 $2,540 $1.08 42d 1 0.73mi
165 Rain Berry Ave Ruskin, FL 4.0 2.5 2439 $2,600 $1.07 42d 1 0.76mi
515 Vista Ridge Dr Ruskin, FL 6.0 3.5 2756 $2,800 $1.02 54d 1 0.82mi
320 Blue Point Dr Ruskin, FL 4.0 2.0 1767 $2,110 $1.19 32d 1 0.92mi
5234 Clover Mist Dr Apollo Beach, FL 4.0 2.0 2018 $2,315 $1.15 8d 1 1.11mi
419 Halifax Bay Ct Apollo Beach, FL 4.0 2.5 2379 $4,200 $1.77 22d 1 1.17mi
1074 Seagrape Dr Ruskin, FL 4.0 3.5 2913 $6,250 $2.15 8d 1 1.29mi
403 Royal Empress Dr Ruskin, FL 4.0 2.5 1914 $2,500 $1.31 27d 1 1.32mi
1011 Seagrape Dr Ruskin, FL 4.0 4.0 2875 $4,450 $1.55 48d 1 1.42mi
1221 Barclay Wood Dr Ruskin, FL 4.0 2.0 2169 $2,260 $1.04 10d 1 1.44mi
3027 Bermuda Sloop Cir Ruskin, FL 4.0 4.0 2869 $4,900 $1.71 67d 1 1.46mi

Property features AI

Finance

Other
Association fee covers common area taxes, grounds maintenance, management, and recreational facilitiesUnfurnished
Financial info
Lease restrictions apply
HOA & community
HOA membership required (monthly fee included)Monthly HOA fee approximately $9.17Community amenities: clubhouse, fitness center, park, playground, pool, recreation facilities, tennis courts, sidewalksDeed restrictions applyPets allowed

Exterior

Parking
Attached garage with 2 spaces
Security
Community security (HOA)
Utilities
Public waterPublic sewerElectricity availableCable availablePhone availableBroadband/high-speed internet available
Home design
Single family residenceResidential property2 total storiesEast-facing
Construction
Block and stucco constructionShingle roofSlab foundationBuilt as a two-story home
Exterior features
Front porchRear porchPatioExterior lightingSidewalksLandscaped yardPaved driveway

Interior

Kitchen
DishwasherRangeMicrowaveRefrigerator
Bedrooms
5 bedrooms
Flooring
CarpetCeramic tile
Bathrooms
2 full bathrooms1 half bathroom
Heating & cooling
Central heatingCentral air conditioning
Interior features
Ceiling fansEat-in kitchenLiving room/dining room comboOpen floorplanWalk-in closets
Laundry & utility
Dedicated laundry roomWasherDryer

HOA detail $9/mo · $108/yr

Likely covers
water

Listing history 50 events

  1. 2026-08-08
    days on market $359,900 Active 100 DOM
  2. 2026-08-06
    days on market $359,900 Active 98 DOM
  3. 2026-08-05
    days on market $359,900 Active 97 DOM
  4. 2026-08-04
    days on market $359,900 Active 96 DOM
  5. 2026-08-03
    days on market $359,900 Active 95 DOM
  6. 2026-07-31
    days on market $359,900 Active 92 DOM
  7. 2026-07-30
    days on market $359,900 Active 90 DOM
  8. 2026-07-28
    days on market $359,900 Active 89 DOM
  9. 2026-07-26
    days on market $359,900 Active 87 DOM
  10. 2026-07-24
    days on market $359,900 Active 85 DOM
  11. 2026-07-23
    days on market $359,900 Active 84 DOM
  12. 2026-07-22
    days on market $359,900 Active 83 DOM
  13. 2026-07-21
    days on market $359,900 Active 82 DOM
  14. 2026-07-20
    days on market $359,900 Active 81 DOM
  15. 2026-07-18
    days on market $359,900 Active 78 DOM
  16. 2026-07-16
    days on market $359,900 Active 77 DOM
  17. 2026-07-15
    days on market $359,900 Active 76 DOM
  18. 2026-07-13
    days on market $359,900 Active 74 DOM
  19. 2026-07-13
    days on market $359,900 Active 73 DOM
  20. 2026-07-11
    days on market $359,900 Active 72 DOM
  21. 2026-07-10
    days on market $359,900 Active 71 DOM
  22. 2026-07-09
    days on market $359,900 Active 70 DOM
  23. 2026-07-07
    days on market $359,900 Active 68 DOM
  24. 2026-07-06
    days on market $359,900 Active 67 DOM
  25. 2026-07-06
    days on market $359,900 Active 66 DOM
  26. 2026-07-05
    days on market $359,900 Active 65 DOM
  27. 2026-07-03
    days on market $359,900 Active 64 DOM
  28. 2026-07-02
    days on market $359,900 Active 63 DOM
  29. 2026-07-01
    days on market $359,900 Active 62 DOM
  30. 2026-06-30
    days on market $359,900 Active 61 DOM
  31. 2026-06-29
    days on market $359,900 Active 60 DOM
  32. 2026-06-28
    days on market $359,900 Active 59 DOM
  33. 2026-06-27
    days on market $359,900 Active 58 DOM
  34. 2026-06-26
    days on market $359,900 Active 57 DOM
  35. 2026-06-24
    days on market $359,900 Active 55 DOM
  36. 2026-06-22
    days on market $359,900 Active 53 DOM
  37. 2026-06-21
    days on market $359,900 Active 52 DOM
  38. 2026-06-18
    days on market $359,900 Active 49 DOM
  39. 2026-06-17
    days on market $359,900 Active 48 DOM
  40. 2026-06-16
    days on market $359,900 Active 47 DOM
  41. 2026-06-15
    days on market $359,900 Active 46 DOM
  42. 2026-06-13
    days on market $359,900 Active 44 DOM
  43. 2026-06-13
    days on market $359,900 Active 43 DOM
  44. 2026-06-09
    days on market $359,900 Active 40 DOM
  45. 2026-06-08
    days on market $359,900 Active 39 DOM
  46. 2026-06-07
    days on market $359,900 Active 38 DOM
  47. 2026-06-04
    days on market $359,900 Active 35 DOM
  48. 2026-06-03
    days on market $359,900 Active 34 DOM
  49. 2026-06-02
    days on market $359,900 Active 33 DOM
  50. 2026-06-01
    days on market $359,900 Active 32 DOM

ⓘ 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
$7,714 · $643/mo
Projected year-2 tax
$7,714 · $643/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 10/10 Extreme FEMA zone AE · 99% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 26 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$33,665
− Mortgage interest
−$20,160
− Property taxes
−$7,714
− Insurance
−$6,918
− Repairs & maintenance
−$2,693
− Management
−$2,693
− HOA
−$108
− Depreciation
−$10,470
Taxable loss
−$17,091
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$4,102
After-tax cash flow
$-6,691/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 None rehab

This move-in ready home in Ruskin offers a good condition with a good condition score of 80. It has a good kitchen, bathrooms, exterior, flooring, interior walls/paint, windows, foundation/structure, HVAC/mechanicals, and landscaping/curb appeal. The home is in good condition with no visible repairs needed. The highest-ROI updates that would raise its resale or rental value are painting exterior and interior walls, landscaping and curb appeal improvements, and replacing light fixtures.

Value-add opportunities

  • Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics
  • Both Landscaping and curb appeal improvements — Enhances curb appeal and adds value
  • Both Replace light fixtures — Modernizes and improves lighting
F Composite school gradezoned avg 36/100

Zoned Schools

Elementary Thompson Elementary F FL #1,454/2,144 Nat'l #19,009/41,679 Middle Shields Middle School F FL #486/571 Nat'l #9,545/14,009 High Lennard High School F FL #328/667 Nat'l #8,877/17,239

Schools (NCES district)

District
Hillsborough
NCES district ID
1200870
Math proficiency
47% ▼ -8.00%
Reading proficiency
50% ▼ -4.00%
Median HH income
$50,622
Composite
41.6/100
National rank
#3435
State rank
#41 of 73 in FL
B Composite livability gradescore 71/100

Livability — Ruskin

Score
71/100
State rank
#392
US rank
#6879

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Ruskin, FL
County
Hillsborough County · 1,607,022 people
City population
33,319
Metro
Tampa-St. Petersburg-Clearwater, FL
Population (ZIP)
33,319
Household income
$72,172
Rent vs Own
23.0% rent · 77.0% own
Severe rent burden
15% of renters

Population outlook (Hillsborough County) Hauer SSP2

Today (2025)
1,607,022 people
By 2030
1,733,968 · +7.9%
By 2040
1,979,565 · +23.2%
By 2050
2,203,427 · +37.1%
By 2075
2,667,893 · +66.0%
By 2100
2,891,558 · +79.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.69)
Race & ethnicity
White 40% Hispanic / Latino 32% Black 23% Two or more races 13% Asian 2%
Hispanic origin (detail)
Mexican 16% Puerto Rican 6% Cuban 1% Dominican 4%
Common ancestry
Italian 2% Romanian 2% Hispanic 2%
Foreign-born
13% · Canada, Jamaica
Languages at home
72% English-only · Spanish 23% French/Haitian/Cajun 2%

Political lean MEDSL · Hillsborough

2024 margin
Toss-up / Even · D 47.8% · R 50.9% · Other 1.3%
2008→2024 swing
-10.2pp toward R · 2008: 7.1pp · 2024: -3.1pp
All cycles
2024: R+3.1 2020: D+6.9 2016: D+6.8 2012: D+6.7 2008: D+7.1

Not yet ingested

Civics

Price history

-93.1% since first listed
6 events — show timeline
  • 2026-04-30 Listed $359,900 Stellar MLS as Distributed by MLS Grid
  • 2021-02-25 Sold (MLS) $258,740 Stellar MLS as Distributed by MLS Grid
  • 2020-11-17 Pending Stellar MLS as Distributed by MLS Grid
  • 2020-11-12 Price Changed $258,740 Stellar MLS as Distributed by MLS Grid
  • 2020-11-06 Listed $258,490 Stellar MLS as Distributed by MLS Grid
  • 2020-03-18 Sold (Public Records) $5,198,000 Public Records

Property tax history

+25.0%/yr

Latest (2025): $7,714 · +11.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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