6557 Osprey Lake Cir · Riverview, FL 33578

$230,000

3 bd · 3.0 ba · 1,412 sqft · Townhouse public records · 51 Days on market

Built 2002 2,283 sqft lot $248/mo HOA · 11% 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).

• Cash flow +11.4/30.0
• ARV discount +7.5/15.0
• 1% rule +4.4/10.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• DSCR +3.3/10.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Once in a lifetime price, buy it before it's gone. Fantastic location to 301,Crosstown Expressway and I-75. This is a gated townhome community with a pool. Home has vaulted ceilings upstairs with a very spacious master bedroom. The cabinets, ceiling fans and light fixtures have all been upgraded. Upgraded faux wood blinds throughout the home. Both bedrooms upstairs have walk-in closets. There is also a large storage area under the stairs. New refrigerator with filtered waterdispenser and ice maker. The downstairs bedroom is perfect for a home office. Outside the back sliding doors is a screened-in covered porch with trees lined along the back of the property. Sellers have done a great job with this home and have priced it to sell immediately. Owners must sell this home immediately!!!

Key facts

• Open floor plan
• Natural light
• Functional layout

Tags

• OPEN FLOOR PLAN
• NATURAL LIGHT
• WELL-APPOINTED KITCHEN
• ALL APPLIANCES CONVEY
• GENEROUSLY SIZED BEDROOMS
• FUNCTIONAL LAYOUT

Property features AI

Finance

• Other: Unit is partially furnished; Total living area reported from public records: 1412 sq ft; Building area total reported: 1488 sq ft; Property zoning: PD
• Financial info: Lease restrictions apply
• HOA & community: HOA required (Helem Martin) with monthly fee of $248; HOA fee includes common area taxes, pool, escrow reserves fund, fidelity bond, maintenance of structure and grounds, pest control, private road, and trash; Association approval required; Community amenities: gated, pool, playground, park, community mailbox, sidewalks; Pets allowed (max 60 lbs)

Exterior

• Parking: Assigned parking; Curb parking
• Security: Gated community; Security system; Smoke detectors
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Townhouse; Residential property; Two stories; Faces west; Completed condition; Slab foundation
• Construction: Block and stucco construction; Shingle roof; Built with slab foundation
• Exterior features: Covered screened rear porch; Patio/porch with screened rear porch; Exterior lighting; Rain gutters; Sidewalk; Sliding doors; Mature landscaping with oak trees; Private lot within city limits; Paved road access

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator; Freezer
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Ceramic tile; Linoleum
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating (electric); Central air
• Interior features: Ceiling fans; Eat-in kitchen; High ceilings; Kitchen/family room combo; Living room/dining room combo; Open floorplan; Solid surface counters; Solid wood cabinets; Split bedroom plan; Thermostat; Vaulted ceilings; Walk-in closets; Window treatments; Blinds
• Laundry & utility: Washer; Dryer; Electric water heater; Inside laundry; Laundry closet on upper level; Inside utility; Attic

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath townhouse listed at $230k.

Deal economics

• At list price, monthly cash flow is $-81 ($-969/yr) — negative.
• To cash-flow at today's rent, offer at most $216k (6.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $217k (5.7% below list).
• Recommended offer: $216k (6.2% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 79/100 on livability (#134 in FL, #2,000 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, employment B+; Watch: amenities 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: Spoto High School (math 25% / reading 36%, grade F, #434 of 667 statewide, top 66%, 1,823 students, 57% FRL).
• Zoned-school proficiency averages 30% at this address vs 48% district-wide (-18 pts) — the specific schools serving this property underperform the Hillsborough average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-0.9%/yr); 559 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• This rent runs 30% of the median local income ($86k/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 $2k of loan paydown is wiped out by about $7k 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 51 days — a 3% lower offer ($223k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 22y 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.

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 $215,730 (6.2% 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 51 days. Have you received any prior offers? Is the seller open to a 6% 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. 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: 0.94% ✗
• Cap rate: 5.87%
• Cash-on-cash: -1.51%
• DSCR: 0.93
• GRM: 8.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -22.6%
• Equity multiple: 0.25×
• Total profit: $-48,614
• Equity at exit: $34,294

10-year hold

• IRR: -29.1%
• Equity multiple: -0.13×
• Total profit: $-72,885
• Equity at exit: $19,886

Cash invested: $64,400 (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 33578

• Home prices YoY: -12.9%
• Rents YoY: -0.9%
• Active inventory: 559
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $2,170 high
• Mortgage (P&I): −$1,206
• Tax from tax record: −$245 /mo · $2,938/yr
• Insurance: −$96
• HOA: −$248
• Vacancy / Maint / Mgmt: −$456
• Net cashflow: $-81

Break-even live

Break-even rent $2,272

Max offer price $215,730

Occupancy floor 99%

Sensitivity live

Price	-10% $49	-5% $-16	+0% $-81	+5% $-146	+10% $-211
Rent	-10% $-252	-5% $-166	+0% $-81	+5% $5	+10% $91
Rate	-1.0pp $35	-0.5pp $-22	base $-81	+0.5pp $-140	+1.0pp $-201

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: $57,500
• Closing costs: $6,900
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6229 Osprey Lake Cir Riverview, FL	3.0	3.0	1412	$2,000	$1.42	25d	1	0.17mi
6252 Osprey Lake Cir Riverview, FL	3.0	3.0	1412	$1,700	$1.20	0d	1	0.18mi
6252 Osprey Lake Cir Riverview, FL	3.0	3.0	1412	$1,699	$1.20	5d	1	0.18mi
10650 Mystic Seafloor Dr Riverview, FL	1.0–3.0	1.0–2.0	1049	$2,505	$2.39	0d	30	0.19mi
6339 Osprey Lake Cir Riverview, FL	3.0	3.0	1412	$2,000	$1.42	25d	1	0.20mi
5701 Summerall Vista Cir Riverview, FL	1.0–3.0	1.0–2.0	1071	$2,898	$2.71	0d	26	0.28mi
10305 Zackary Cir Riverview, FL	2.0–3.0	2.0	1025	$1,507	$1.47	25d	8	0.28mi
10222 Pink Palmata Ct Riverview, FL	3.0	2.5	1750	$2,300	$1.31	5d	1	0.37mi
2096 Kings Palace Dr Riverview, FL	3.0	2.0	1780	$2,399	$1.35	25d	1	0.44mi
5959 Bandera Springs Cir Riverview, FL	3.0	1.0–2.0	1007	$2,291	$2.27	0d	25	0.51mi
2215 Kings Palace Dr Riverview, FL	3.0	2.0	1771	$2,200	$1.24	25d	1	0.52mi
2215 Kings Palace Dr Riverview, FL	3.0	2.0	1771	$2,200	$1.24	18d	1	0.52mi
10222 River Palencia Ct Riverview, FL	3.0	2.0	1401	$1,850	$1.32	15d	1	0.56mi
10222 River Palencia Ct Riverview, FL	2.0	2.0	1401	$1,850	$1.32	22d	1	0.56mi
6218 Watermark Dr Riverview, FL	1.0–3.0	1.0–2.0	1010	$2,126	$2.10	0d	22	0.56mi
2202 Cattleman Dr Brandon, FL	3.0	2.0	1532	$2,441	$1.59	5d	1	0.60mi
10103 Sherwood Ln Riverview, FL	2.0	1.0–2.0	650	$1,614	$2.48	0d	26	0.61mi
5905 Trace Meadow Loop Riverview, FL	1.0–3.0	1.0–2.0	1030	$2,582	$2.51	0d	14	0.61mi
6623 Summer Haven Dr Riverview, FL	4.0	2.0	1337	$2,300	$1.72	24d	1	0.62mi
2018 Wrangler Dr Brandon, FL	3.0	2.0	1527	$2,300	$1.51	21d	1	0.66mi
2015 Wrangler Dr Brandon, FL	3.0	2.0	1660	$3,000	$1.81	25d	1	0.66mi
6637 Summer Haven Dr Riverview, FL	4.0	2.0	1534	$2,280	$1.49	25d	1	0.66mi
6713 Summer Cove Dr Riverview, FL	3.0	2.0	1298	$2,170	$1.67	0d	1	0.68mi
6215 Cannoli Pl Riverview, FL	3.0	2.0	1208	$2,090	$1.73	3d	1	0.69mi
6719 Summer Cove Dr Riverview, FL	3.0	2.0	1298	$2,240	$1.73	5d	1	0.69mi
6216 Gondola Dr Riverview, FL	4.0	2.0	1874	$2,430	$1.30	25d	1	0.73mi
6708 Summer Haven Dr Riverview, FL	3.0	2.0	1330	$2,135	$1.61	4d	1	0.75mi
6831 Dartmouth Hill St Riverview, FL	2.0	2.5	1254	$1,845	$1.47	25d	1	0.77mi
1802 Durkee Pl Brandon, FL	4.0	2.0	1667	$2,350	$1.41	17d	1	0.77mi
4930 Pond Ridge Dr Riverview, FL	3.0	3.0	1654	$2,165	$1.31	4d	1	0.78mi
4866 Pond Ridge Dr Riverview, FL	3.0	2.5	1644	$2,000	$1.22	25d	1	0.78mi
5817 Legacy Crescent Pl #302 Riverview, FL	2.0	1.0	927	$1,575	$1.70	25d	1	0.81mi
10840 Johanna Ave Riverview, FL	3.0	2.5	1477	$1,950	$1.32	25d	1	0.83mi
5501 Legacy Crescent Pl Riverview, FL	1.0–2.0	1.0–2.0	1006	$1,797	$1.79	0d	9	0.84mi
6923 Summer Harbor Ln Riverview, FL	3.0	2.0	1314	$1,960	$1.49	5d	1	0.84mi
10831 Johanna Ave Riverview, FL	4.0	3.0	1708	$2,200	$1.29	15d	1	0.85mi
10854 Lake Saint Charles Blvd Riverview, FL	3.0	2.5	1544	$1,950	$1.26	22d	1	0.87mi
4754 Pond Ridge Dr Riverview, FL	3.0	2.5	1790	$2,400	$1.34	25d	1	0.88mi
5611 Legacy Crescent Pl #304 Riverview, FL	2.0	2.0	1068	$1,500	$1.40	15d	1	0.89mi
2482 Sagemont Dr Brandon, FL	3.0	2.0	1254	$1,850	$1.48	24d	1	0.89mi

HOA detail

• Monthly dues: $248 · $2,976/yr
• Likely covers: waterpoolsecurity

Listing history 22 events

1. 2026-06-18
   days on market $230,000 Active 51 DOM
2. 2026-06-17
   days on market $230,000 Active 50 DOM
3. 2026-06-16
   days on market $230,000 Active 49 DOM
4. 2026-06-15
   days on market $230,000 Active 48 DOM
5. 2026-06-13
   days on market $230,000 Active 46 DOM
6. 2026-06-13
   days on market $230,000 Active 45 DOM
7. 2026-06-09
   days on market $230,000 Active 42 DOM
8. 2026-06-08
   days on market $230,000 Active 41 DOM
9. 2026-06-07
   days on market $230,000 Active 40 DOM
10. 2026-06-04
    pricedays on market $230,000 Active 37 DOM
11. 2026-06-03
    days on market $235,000 Active 36 DOM
12. 2026-06-02
    days on market $235,000 Active 35 DOM
13. 2026-06-01
    days on market $235,000 Active 34 DOM
14. 2026-05-31
    days on market $235,000 Active 33 DOM
15. 2026-04-28
    listed $235,000 Active 1100-char remark
16. 2023-06-09
    soldstatus $255,000
17. 2006-12-13
    soldstatus $163,000
18. 2006-11-09
    soldstatus $163,000 795-char remark

    Show marketing remark (795 chars)

    Once in a lifetime price, buy it before it's gone. Fantastic location to 301,Crosstown Expressway and I-75. This is a gated townhome community with a pool. Home has vaulted ceilings upstairs with a very spacious master bedroom. The cabinets, ceiling fans and light fixtures have all been upgraded. Upgraded faux wood blinds throughout the home. Both bedrooms upstairs have walk-in closets. There is also a large storage area under the stairs. New refrigerator with filtered waterdispenser and ice maker. The downstairs bedroom is perfect for a home office. Outside the back sliding doors is a screened-in covered porch with trees lined along the back of the property. Sellers have done a great job with this home and have priced it to sell immediately. Owners must sell this home immediately!!!

19. 2006-09-07
    listed $159,900 795-char remark

    Show marketing remark (795 chars)

    Once in a lifetime price, buy it before it's gone. Fantastic location to 301,Crosstown Expressway and I-75. This is a gated townhome community with a pool. Home has vaulted ceilings upstairs with a very spacious master bedroom. The cabinets, ceiling fans and light fixtures have all been upgraded. Upgraded faux wood blinds throughout the home. Both bedrooms upstairs have walk-in closets. There is also a large storage area under the stairs. New refrigerator with filtered waterdispenser and ice maker. The downstairs bedroom is perfect for a home office. Outside the back sliding doors is a screened-in covered porch with trees lined along the back of the property. Sellers have done a great job with this home and have priced it to sell immediately. Owners must sell this home immediately!!!

20. 2004-09-02
    soldstatus $126,000
21. 2004-08-26
    soldstatus $126,000

    Show marketing remark (745 chars)

    This is a must see! Absolutley beautiful 3 bedrooms and 3 full bath rooms home. From the minute you walk in the door you will know that this home hasbeen very well taken care of. What more can you ask for? Ceramic tile in the foyer, screened patio, 2 bedrooms and 2 full baths upstairs, washer and drye r hookups up stairs, all this in an end unit with no back yard neighbors. Bring your pickiest buyers this one will not last long. Please do not let cat out 'Tilda'. Security system is not hooked up to monitoring. Refrigerator DOES NOT CONVEY!!! This is a gated community with a pool . Monthly Maint. fee of $126.00 covers Roof, Water, garbage, outside of building and also Lawn Mait. This home is in like new condition and shows like a model.

22. 2004-06-27
    listed $129,900

    Show marketing remark (745 chars)

    This is a must see! Absolutley beautiful 3 bedrooms and 3 full bath rooms home. From the minute you walk in the door you will know that this home hasbeen very well taken care of. What more can you ask for? Ceramic tile in the foyer, screened patio, 2 bedrooms and 2 full baths upstairs, washer and drye r hookups up stairs, all this in an end unit with no back yard neighbors. Bring your pickiest buyers this one will not last long. Please do not let cat out 'Tilda'. Security system is not hooked up to monitoring. Refrigerator DOES NOT CONVEY!!! This is a gated community with a pool . Monthly Maint. fee of $126.00 covers Roof, Water, garbage, outside of building and also Lawn Mait. This home is in like new condition and shows like a model.

ⓘ 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: $2,938 · $245/mo
• Projected year-2 tax: $2,938 · $245/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 27 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,037
• − Mortgage interest: −$12,884
• − Property taxes: −$2,938
• − Insurance: −$1,150
• − Repairs & maintenance: −$2,083
• − Management: −$2,083
• − HOA: −$2,976
• − Depreciation: −$6,691
• Taxable loss: −$4,768
• Est. tax savings @ 24.0%: +$1,144
• After-tax cash flow: $175/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: 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 — Riverview

• Score: 79/100
• State rank: #134
• US rank: #2000

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Riverview, FL
• County: Hillsborough County · 1,540,968 people
• City population: 137,988
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 60,651
• Household income: $85,921
• Rent vs Own: 41.4% rent · 58.6% own
• Severe rent burden: 3063.0

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 43% Hispanic / Latino 26% Black 23% Two or more races 17% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 8% Cuban 3% Dominican 4%
• Common ancestry: Romanian 3% Hispanic 3% Lithuanian 2%
• Foreign-born: 14% · Canada, Jamaica, China
• Languages at home: 73% English-only · Spanish 19% French/Haitian/Cajun 3% Other Indo-European 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: ▼ -48.42%
• Current HPI: 326.0368
• Rent YoY: ▼ -0.95%
• 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

+77.1% since first listed

9 events — show timeline

• 2026-06-03 Price Changed $230,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-28 Listed $235,000 Stellar MLS as Distributed by MLS Grid
• 2023-06-09 Sold (Public Records) $255,000 Public Records
• 2006-12-13 Sold (Public Records) $163,000 Public Records
• 2006-11-09 Sold (MLS) $163,000 Stellar MLS as Distributed by MLS Grid
• 2006-09-07 Listed $159,900 Stellar MLS as Distributed by MLS Grid
• 2004-09-02 Sold (Public Records) $126,000 Public Records
• 2004-08-26 Sold (MLS) $126,000 Stellar MLS as Distributed by MLS Grid
• 2004-06-27 Listed $129,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+6.4%/yr

Latest (2025): $2,938 · +3.4% YoY. Source: county tax records.