6063 Dropwort Dr · Wimauma, FL 33598

$350,900

4 bd · 2.0 ba · 2,005 sqft · Land · 55 Days on market

Built 2026 5,775 sqft lot $12/mo HOA ↓ 7% since listing

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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 +9.6/30.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• Appreciation +3.8/10.0
• Livability +3.2/5.0
• 1% rule +2.9/10.0
• DSCR +2.7/10.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0

Listing remarks MLS

Move-in ready 3-bedroom home for sale in Wimauma, Florida with a den! Designed for your lifestyle, the Serendipity features an open living area with luxury vinyl plank flooring under volume ceilings. Relax in your luxurious owner's suite with an elegant tray ceiling, dual vanities, a decorative tiled shower with glass enclosure, a closeted toliet and two walk-in wardrobes. Plus, enjoy outdoor living on your large covered lanai! This home includes features and finishes hand-selected by our professional designers to provide you with enduring style, move-in convenience, and easy home maintenance: Open kitchen with: A counter-height island. 36-in. gray shaker-style cabinets with decorative knobs/pulls. Quartz countertops . Stainless steel undermount sink with a pull-down faucet. Walk-in pantry . Samsung stainless steel appliances: 5-burner smooth-top electric range with wi-fi smart controls. Fingerprint-resistant microwave with ventilation system. ENERGY STAR® quiet-operation dishwasher. ENERGY STAR® large capacity side-by-side refrigerator. . . Low-maintenance luxury vinyl plank flooring throughout the living areas, kitchen, laundry room, and bathrooms. Mohawk stain-resistant carpet in all bedrooms. Convenient drop zone at garage entry. 2-in. custom-fit fau

Key facts

• Spacious island
• Quartz countertops
• Walk-in wardrobe

Tags

• OPEN KITCHEN
• QUARTZ COUNTERTOPS
• WALK-IN PANTRY
• SPACIOUS ISLAND
• WALK-IN WARDROBE
• PRIVATE EN-SUITE BATH

Property features AI

Finance

• Other: Total acreage: 0.13 acres; Living area reported as 2,005 sq ft (builder); Building area reported as 2,732 sq ft (builder); Builder license: CBC060256; Permit number: 24-0064621; Zoning: R1; Lot size approx. 0.13 acres (537 m²)
• HOA & community: HOA: Hcmanagement (required) — $150 annually ($12.50/month); Community features: Deed restrictions, playground, pool; Pets allowed

Exterior

• Parking: Attached 2-car garage (19 x 24)
• Utilities: Public water; Public sewer; Cable available; Electric water heater
• Home design: Single-family residence; One-story; North-facing
• Construction: Block construction; Shingle roof; Slab foundation; New construction; Built by Highland Homes (Model: Serendipity)
• Exterior features: Paved road access; Irrigation equipment; CDD (community development district) present

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 4 bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: In-wall pest system
• Laundry & utility: Laundry located inside

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath land listed at $351k.

Deal economics

• At list price, monthly cash flow is $-240 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $316k (9.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $278k (20.8% below list).
• Recommended offer: $278k (20.8% below list) — sets the bar for 1% rule.
• Cap rate 5.5% vs local median 4.5% in Wimauma — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 64/100 on livability (#699 in FL) — a middle-class / working-renter tenant base. Strengths: commute A, cost of living A-, crime B; Watch: schools F, amenities F, employment D-.
• 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 soft (-2.5%/yr); 674 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 34% of the median local income ($98k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-2.4%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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 55 days — a 3% lower offer ($340k) is reasonable based on typical stale-listing flexibility.
• 2 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 $278,056 (20.8% 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 55 days. Have you received any prior offers? Is the seller open to a 21% 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 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?
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: 0.79% ✗
• Cap rate: 5.47%
• Cash-on-cash: -2.94%
• DSCR: 0.87
• GRM: 10.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-2.35% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -19.8%
• Equity multiple: 0.28×
• Total profit: $-70,581
• Equity at exit: $62,626

10-year hold

• IRR: -18.5%
• Equity multiple: -0.06×
• Total profit: $-103,977
• Equity at exit: $48,342

Cash invested: $98,252 (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 33598

• Home prices YoY: -0.9%
• Rents YoY: -2.5%
• Active inventory: 674
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $2,781 high
• Mortgage (P&I): −$1,840
• Tax est. 1.5%: −$439 /mo · $5,264/yr
• Insurance: −$146
• HOA: −$12
• Vacancy / Maint / Mgmt: −$584
• Net cashflow: $-240

Break-even live

Break-even rent $3,085

Max offer price $316,121

Occupancy floor —

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: $87,725
• Closing costs: $10,527
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2467 White Ladyfish Rd Wimauma, FL	3.0	2.0	1496	$2,100	$1.40	24d	1	0.24mi
5771 Red Kite Dr Wimauma, FL	5.0	3.0	2200	$2,650	$1.20	24d	1	0.75mi
5757 Red Kite Dr Wimauma, FL	5.0	3.0	2200	$2,630	$1.20	10d	1	0.76mi
5615 Red Kite Dr Wimauma, FL	5.0	3.0	2112	$3,000	$1.42	2d	1	0.77mi
17224 Auburn Arch Loop Wimauma, FL	2.0–4.0	2.5	1517	$2,900	$1.91	17d	20	1.17mi
17247 Southern Haven Dr Wimauma, FL	3.0	2.5	1660	$2,300	$1.39	17d	1	1.35mi
17042 Oval Rum Dr Wimauma, FL	3.0	2.0	1516	$2,500	$1.65	17d	1	1.48mi

HOA detail

• Monthly dues: $12 · $144/yr
• Likely covers: electricinternet

Listing history 18 events

1. 2026-06-18
   days on market $350,900 Active 55 DOM
2. 2026-06-17
   days on market $350,900 Active 54 DOM
3. 2026-06-16
   days on market $350,900 Active 53 DOM
4. 2026-06-15
   days on market $350,900 Active 52 DOM
5. 2026-06-13
   days on market $350,900 Active 50 DOM
6. 2026-06-13
   days on market $350,900 Active 49 DOM
7. 2026-06-09
   days on market $350,900 Active 46 DOM
8. 2026-06-08
   days on market $350,900 Active 45 DOM
9. 2026-06-07
   days on market $350,900 Active 44 DOM
10. 2026-06-04
    days on market $350,900 Active 41 DOM
11. 2026-06-03
    days on market $350,900 Active 40 DOM
12. 2026-06-02
    days on market $350,900 Active 39 DOM
13. 2026-06-01
    days on market $350,900 Active 38 DOM
14. 2026-05-31
    days on market $350,900 Active 37 DOM
15. 2026-04-24
    listed $350,900 Active 901-char remark
16. 2026-04-10
    price $350,900 1300-char remark

    Show marketing remark (1300 chars)

    Move-in ready 3-bedroom home for sale in Wimauma, Florida with a den! Designed for your lifestyle, the Serendipity features an open living area with luxury vinyl plank flooring under volume ceilings. Relax in your luxurious owner's suite with an elegant tray ceiling, dual vanities, a decorative tiled shower with glass enclosure, a closeted toliet and two walk-in wardrobes. Plus, enjoy outdoor living on your large covered lanai! This home includes features and finishes hand-selected by our professional designers to provide you with enduring style, move-in convenience, and easy home maintenance: Open kitchen with: A counter-height island. 36-in. gray shaker-style cabinets with decorative knobs/pulls. Quartz countertops . Stainless steel undermount sink with a pull-down faucet. Walk-in pantry . Samsung stainless steel appliances: 5-burner smooth-top electric range with wi-fi smart controls. Fingerprint-resistant microwave with ventilation system. ENERGY STAR® quiet-operation dishwasher. ENERGY STAR® large capacity side-by-side refrigerator. . . Low-maintenance luxury vinyl plank flooring throughout the living areas, kitchen, laundry room, and bathrooms. Mohawk stain-resistant carpet in all bedrooms. Convenient drop zone at garage entry. 2-in. custom-fit fau

17. 2026-04-08
    price $365,900 1300-char remark

    Show marketing remark (1300 chars)

    Move-in ready 3-bedroom home for sale in Wimauma, Florida with a den! Designed for your lifestyle, the Serendipity features an open living area with luxury vinyl plank flooring under volume ceilings. Relax in your luxurious owner's suite with an elegant tray ceiling, dual vanities, a decorative tiled shower with glass enclosure, a closeted toliet and two walk-in wardrobes. Plus, enjoy outdoor living on your large covered lanai! This home includes features and finishes hand-selected by our professional designers to provide you with enduring style, move-in convenience, and easy home maintenance: Open kitchen with: A counter-height island. 36-in. gray shaker-style cabinets with decorative knobs/pulls. Quartz countertops . Stainless steel undermount sink with a pull-down faucet. Walk-in pantry . Samsung stainless steel appliances: 5-burner smooth-top electric range with wi-fi smart controls. Fingerprint-resistant microwave with ventilation system. ENERGY STAR® quiet-operation dishwasher. ENERGY STAR® large capacity side-by-side refrigerator. . . Low-maintenance luxury vinyl plank flooring throughout the living areas, kitchen, laundry room, and bathrooms. Mohawk stain-resistant carpet in all bedrooms. Convenient drop zone at garage entry. 2-in. custom-fit fau

18. 2026-02-07
    listed $377,950 Active 1300-char remark

    Show marketing remark (1300 chars)

    Move-in ready 3-bedroom home for sale in Wimauma, Florida with a den! Designed for your lifestyle, the Serendipity features an open living area with luxury vinyl plank flooring under volume ceilings. Relax in your luxurious owner's suite with an elegant tray ceiling, dual vanities, a decorative tiled shower with glass enclosure, a closeted toliet and two walk-in wardrobes. Plus, enjoy outdoor living on your large covered lanai! This home includes features and finishes hand-selected by our professional designers to provide you with enduring style, move-in convenience, and easy home maintenance: Open kitchen with: A counter-height island. 36-in. gray shaker-style cabinets with decorative knobs/pulls. Quartz countertops . Stainless steel undermount sink with a pull-down faucet. Walk-in pantry . Samsung stainless steel appliances: 5-burner smooth-top electric range with wi-fi smart controls. Fingerprint-resistant microwave with ventilation system. ENERGY STAR® quiet-operation dishwasher. ENERGY STAR® large capacity side-by-side refrigerator. . . Low-maintenance luxury vinyl plank flooring throughout the living areas, kitchen, laundry room, and bathrooms. Mohawk stain-resistant carpet in all bedrooms. Convenient drop zone at garage entry. 2-in. custom-fit fau

ⓘ 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: $33,367
• − Mortgage interest: −$19,656
• − Property taxes: −$5,264
• − Insurance: −$1,754
• − Repairs & maintenance: −$2,669
• − Management: −$2,669
• − HOA: −$144
• − Depreciation: −$10,208
• Taxable loss: −$8,998
• Est. tax savings @ 24.0%: +$2,159
• After-tax cash flow: $-725/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 — Wimauma

• Score: 64/100
• State rank: #699
• US rank: #14659

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wimauma, FL
• County: Hillsborough County · 1,540,968 people
• City population: 32,820
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 32,820
• Household income: $97,520
• Rent vs Own: 12.8% rent · 87.2% own
• Severe rent burden: 149.0

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 0.67)
• Race & ethnicity: White 40% Hispanic / Latino 39% Black 14% Two or more races 11% Asian 2%
• Hispanic origin (detail): Mexican 26% Puerto Rican 3% Cuban 1%
• Common ancestry: Romanian 2% Scotch-Irish 2% Lithuanian 1%
• Foreign-born: 23% · Canada, Jamaica, Guatemala
• Languages at home: 62% English-only · Spanish 35% Other Indo-European 1% Arabic 1%

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: ▼ -2.35%
• Current HPI: 271.8552
• Rent YoY: ▼ -2.50%
• 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

-7.2% since first listed

4 events — show timeline

• 2026-04-24 Listed $350,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-10 Price Changed $350,900 Zillow
• 2026-04-08 Price Changed $365,900 Zillow
• 2026-02-07 Listed $377,950 Zillow