2737 Pier Dr #5010 · Ruskin, FL 33570

$175,995

3 bd · 2.0 ba · 1,456 sqft · Manufactured · 203 Days on market

Built 2025 Good condition

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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 +28.6/30.0
• DSCR +10.0/10.0
• 1% rule +7.9/10.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• Condition / age +4.0/5.0
• Livability +3.6/5.0
• Rent growth +2.7/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Experience living the Florida Lifestyle in the 55+ active gated community of Riverside Club Golf & Marina in Ruskin, Florida. New Home Move-in Ready Your Florida Dream Awaits! Get ready to fall in love with this stunning 3 bedroom, 2 bath home designed for comfort, style, and effortless living. Step inside and experience an open, sun filled layout that feels bright and welcoming from the moment you walk through the door. The kitchen is a true showstopper, featuring a large island, a hooded stove, a charming farmhouse sink framed by a window, and plenty of cabinets and shelving for all your storage needs. Whether you love to cook or simply enjoy a beautiful space, this kitchen delivers. Your primary suite is a peaceful retreat with a spacious walk in closet, dual sinks, and a walk in shower. Throughout the home, vinyl flooring adds durability and modern style. Step outside and enjoy Florida living at its finest. Sip your morning coffee on the front porch, or unwind in the back screened lanai for privacy and enjoy a serene wooded preserve the perfect spot to watch birds and local wildlife drift by. Riverside Club offers a resort style of living experience with a wide range of amenities and activities. 18-Hole Championship Golf Course- 6,100-yard course that winds through scenic fairways and ends along river bluffs overlooking Hayes Bayou. Private Marina on the Little Manatee River- 48-49 boat slips, boat ramp, pier for fishing, boat storage, plus direct water acc

Key facts

• Spacious lanai
• Outdoor pools
• Open concept layout

Tags

• OPEN CONCEPT LAYOUT
• SPACIOUS ISLAND KITCHEN
• INTEGRATED FRONT PORCH
• SPACIOUS LANAI
• THREE CLUB HOUSES
• OUTDOOR POOLS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $176k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $583 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $176k).
• Recommended offer: $155k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.3% vs local median 4.7% in Ruskin — 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 71/100 on livability (#392 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, commute B+; Watch: schools F, 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.
• Market conditions: Rents flat; 489 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• This rent runs 38% of the median local income ($72k/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 $1k of loan paydown is wiped out by about $5k 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 203 days — a 12% lower offer ($155k) 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.

Recommended offer $154,875 (12.0% below list)

Questions for the listing agent

1. It's been on market 203 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.29% ✓
• Cap rate: 10.27%
• Cash-on-cash: 14.20%
• DSCR: 1.63
• GRM: 6.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.9% rent growth · sell at horizon

5-year hold

• IRR: 2.1%
• Equity multiple: 1.08×
• Total profit: $3,933
• Equity at exit: $26,241

10-year hold

• IRR: 9.6%
• Equity multiple: 1.67×
• Total profit: $32,832
• Equity at exit: $15,217

Cash invested: $49,279 (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 33570

• Home prices YoY: -28.8%
• Rents YoY: 0.9%
• Active inventory: 489
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $2,278 medium
• Mortgage (P&I): −$923
• Tax est. 1.5%: −$220 /mo · $2,640/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$478
• Net cashflow: $583

Break-even live

Break-even rent $1,540

Max offer price $175,995

Occupancy floor 69%

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: $43,999
• Closing costs: $5,280
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
419 Frances Cir Ruskin, FL	2.0	2.0	1421	$1,300	$0.91	24d	1	1.20mi
149 Cascade Bend Dr Ruskin, FL	3.0	2.0	1555	$2,400	$1.54	24d	1	1.47mi

Listing history 19 events

1. 2026-06-18
   days on market $175,995 Active 203 DOM
2. 2026-06-17
   days on market $175,995 Active 202 DOM
3. 2026-06-16
   days on market $175,995 Active 201 DOM
4. 2026-06-15
   days on market $175,995 Active 200 DOM
5. 2026-06-13
   days on market $175,995 Active 198 DOM
6. 2026-06-13
   days on market $175,995 Active 197 DOM
7. 2026-06-09
   days on market $175,995 Active 194 DOM
8. 2026-06-08
   days on market $175,995 Active 193 DOM
9. 2026-06-07
   days on market $175,995 Active 192 DOM
10. 2026-06-04
    days on market $175,995 Active 189 DOM
11. 2026-06-03
    days on market $175,995 Active 188 DOM
12. 2026-06-02
    days on market $175,995 Active 187 DOM
13. 2026-06-01
    days on market $175,995 Active 186 DOM
14. 2026-05-31
    days on market $175,995 Active 185 DOM
15. 2026-03-26
    status Active 1491-char remark

    Show marketing remark (1491 chars)

    Experience living the Florida Lifestyle in the 55+ active gated community of Riverside Club Golf & Marina in Ruskin, Florida. New Home Move-in Ready Your Florida Dream Awaits! Get ready to fall in love with this stunning 3 bedroom, 2 bath home designed for comfort, style, and effortless living. Step inside and experience an open, sun filled layout that feels bright and welcoming from the moment you walk through the door. The kitchen is a true showstopper, featuring a large island, a hooded stove, a charming farmhouse sink framed by a window, and plenty of cabinets and shelving for all your storage needs. Whether you love to cook or simply enjoy a beautiful space, this kitchen delivers. Your primary suite is a peaceful retreat with a spacious walk in closet, dual sinks, and a walk in shower. Throughout the home, vinyl flooring adds durability and modern style. Step outside and enjoy Florida living at its finest. Sip your morning coffee on the front porch, or unwind in the back screened lanai for privacy and enjoy a serene wooded preserve the perfect spot to watch birds and local wildlife drift by. Riverside Club offers a resort style of living experience with a wide range of amenities and activities. 18-Hole Championship Golf Course- 6,100-yard course that winds through scenic fairways and ends along river bluffs overlooking Hayes Bayou. Private Marina on the Little Manatee River- 48-49 boat slips, boat ramp, pier for fishing, boat storage, plus direct water acc

16. 2026-03-25
    historical 1491-char remark

    Show marketing remark (1491 chars)

    Experience living the Florida Lifestyle in the 55+ active gated community of Riverside Club Golf & Marina in Ruskin, Florida. New Home Move-in Ready Your Florida Dream Awaits! Get ready to fall in love with this stunning 3 bedroom, 2 bath home designed for comfort, style, and effortless living. Step inside and experience an open, sun filled layout that feels bright and welcoming from the moment you walk through the door. The kitchen is a true showstopper, featuring a large island, a hooded stove, a charming farmhouse sink framed by a window, and plenty of cabinets and shelving for all your storage needs. Whether you love to cook or simply enjoy a beautiful space, this kitchen delivers. Your primary suite is a peaceful retreat with a spacious walk in closet, dual sinks, and a walk in shower. Throughout the home, vinyl flooring adds durability and modern style. Step outside and enjoy Florida living at its finest. Sip your morning coffee on the front porch, or unwind in the back screened lanai for privacy and enjoy a serene wooded preserve the perfect spot to watch birds and local wildlife drift by. Riverside Club offers a resort style of living experience with a wide range of amenities and activities. 18-Hole Championship Golf Course- 6,100-yard course that winds through scenic fairways and ends along river bluffs overlooking Hayes Bayou. Private Marina on the Little Manatee River- 48-49 boat slips, boat ramp, pier for fishing, boat storage, plus direct water acc

17. 2025-11-26
    status Active 1491-char remark

    Show marketing remark (1491 chars)

    Experience living the Florida Lifestyle in the 55+ active gated community of Riverside Club Golf & Marina in Ruskin, Florida. New Home Move-in Ready Your Florida Dream Awaits! Get ready to fall in love with this stunning 3 bedroom, 2 bath home designed for comfort, style, and effortless living. Step inside and experience an open, sun filled layout that feels bright and welcoming from the moment you walk through the door. The kitchen is a true showstopper, featuring a large island, a hooded stove, a charming farmhouse sink framed by a window, and plenty of cabinets and shelving for all your storage needs. Whether you love to cook or simply enjoy a beautiful space, this kitchen delivers. Your primary suite is a peaceful retreat with a spacious walk in closet, dual sinks, and a walk in shower. Throughout the home, vinyl flooring adds durability and modern style. Step outside and enjoy Florida living at its finest. Sip your morning coffee on the front porch, or unwind in the back screened lanai for privacy and enjoy a serene wooded preserve the perfect spot to watch birds and local wildlife drift by. Riverside Club offers a resort style of living experience with a wide range of amenities and activities. 18-Hole Championship Golf Course- 6,100-yard course that winds through scenic fairways and ends along river bluffs overlooking Hayes Bayou. Private Marina on the Little Manatee River- 48-49 boat slips, boat ramp, pier for fishing, boat storage, plus direct water acc

18. 2025-11-22
    historical 1491-char remark

    Show marketing remark (1491 chars)

    Experience living the Florida Lifestyle in the 55+ active gated community of Riverside Club Golf & Marina in Ruskin, Florida. New Home Move-in Ready Your Florida Dream Awaits! Get ready to fall in love with this stunning 3 bedroom, 2 bath home designed for comfort, style, and effortless living. Step inside and experience an open, sun filled layout that feels bright and welcoming from the moment you walk through the door. The kitchen is a true showstopper, featuring a large island, a hooded stove, a charming farmhouse sink framed by a window, and plenty of cabinets and shelving for all your storage needs. Whether you love to cook or simply enjoy a beautiful space, this kitchen delivers. Your primary suite is a peaceful retreat with a spacious walk in closet, dual sinks, and a walk in shower. Throughout the home, vinyl flooring adds durability and modern style. Step outside and enjoy Florida living at its finest. Sip your morning coffee on the front porch, or unwind in the back screened lanai for privacy and enjoy a serene wooded preserve the perfect spot to watch birds and local wildlife drift by. Riverside Club offers a resort style of living experience with a wide range of amenities and activities. 18-Hole Championship Golf Course- 6,100-yard course that winds through scenic fairways and ends along river bluffs overlooking Hayes Bayou. Private Marina on the Little Manatee River- 48-49 boat slips, boat ramp, pier for fishing, boat storage, plus direct water acc

19. 2025-11-21
    listed $175,995 Active 1491-char remark

    Show marketing remark (1491 chars)

    Experience living the Florida Lifestyle in the 55+ active gated community of Riverside Club Golf & Marina in Ruskin, Florida. New Home Move-in Ready Your Florida Dream Awaits! Get ready to fall in love with this stunning 3 bedroom, 2 bath home designed for comfort, style, and effortless living. Step inside and experience an open, sun filled layout that feels bright and welcoming from the moment you walk through the door. The kitchen is a true showstopper, featuring a large island, a hooded stove, a charming farmhouse sink framed by a window, and plenty of cabinets and shelving for all your storage needs. Whether you love to cook or simply enjoy a beautiful space, this kitchen delivers. Your primary suite is a peaceful retreat with a spacious walk in closet, dual sinks, and a walk in shower. Throughout the home, vinyl flooring adds durability and modern style. Step outside and enjoy Florida living at its finest. Sip your morning coffee on the front porch, or unwind in the back screened lanai for privacy and enjoy a serene wooded preserve the perfect spot to watch birds and local wildlife drift by. Riverside Club offers a resort style of living experience with a wide range of amenities and activities. 18-Hole Championship Golf Course- 6,100-yard course that winds through scenic fairways and ends along river bluffs overlooking Hayes Bayou. Private Marina on the Little Manatee River- 48-49 boat slips, boat ramp, pier for fishing, boat storage, plus direct water acc

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $27,330
• − Mortgage interest: −$9,858
• − Property taxes: −$2,640
• − Insurance: −$880
• − Repairs & maintenance: −$2,186
• − Management: −$2,186
• − Depreciation: −$5,120
• Taxable income: $4,459
• Est. tax owed @ 24.0%: −$1,070
• After-tax cash flow: $5,926/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 Riverside Club Golf & Marina offers a modern and well-maintained interior with a clean exterior, making it an attractive option for both resale and rental markets.

Value-add opportunities

• Both Painting the exterior and interior walls — Fresh paint can enhance the home's curb appeal and interior aesthetics.
• Both Landscaping improvements — Enhanced landscaping can increase both resale and rental value.
• Both Adding smart home features — Smart home features can increase the home's appeal and marketability.
• Resale Upgrading the kitchen appliances — Upgrading to more modern or energy-efficient appliances can increase the home's value.
• Rental Adding a smart thermostat — A smart thermostat can help reduce energy costs and attract renters who value energy efficiency.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior and interior walls — Fresh paint can enhance the home's curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhanced landscaping can increase both resale and rental value. ↑
• Both Adding smart home features — Smart home features can increase the home's appeal and marketability. ↑
• Resale Upgrading the kitchen appliances — Upgrading to more modern or energy-efficient appliances can increase the home's value. ↑
• Rental Adding a smart thermostat — A smart thermostat can help reduce energy costs and attract renters who value energy efficiency. ↑

ⓘ 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: 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

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

• County: Hillsborough County · 1,540,968 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: 611.0

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: —

Market trends

• HPI YoY: ▼ -112.10%
• Current HPI: 277.8257
• Rent YoY: ▲ 0.90%
• Metro: Tampa-St. Petersburg-Clearwater, 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

5 events — show timeline

• 2026-03-26 Relisted — Zillow
• 2026-03-25 Delisted — Zillow
• 2025-11-26 Relisted — Zillow
• 2025-11-22 Delisted — Zillow
• 2025-11-21 Listed $175,995 Zillow