2317 Scenic Park Loop · Wimauma, FL 33598

$322,990

4 bd · 2.5 ba · 2,046 sqft · Land · 139 Days on market

Built 2026 4,356 sqft lot $12/mo HOA

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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 +10.3/30.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• Appreciation +3.8/10.0
• Livability +3.2/5.0
• 1% rule +3.1/10.0
• DSCR +2.9/10.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0

Listing remarks MLS

Pre-Construction. To be built. Welcome to Cypress Ridge Ranch in Wimauma, Florida! Discover your dream home in a serene, amenity-rich community. Whether you're downsizing, looking for more space for your growing family, or a first-time buyer, we have the perfect home for you. Our selection of open-concept floorplans, perfect for today’s modern lifestyles, means you can have it all - a home office, guest suite, or playroom - you can design your space your way. The best part? The things you want -- like granite countertops in the kitchen, quartz in the bathrooms, and 42” cabinets - are already included. There’s so much to do – in and around the community, like dipping your toes in our resort-style pool and cooling off in the cabanas, running around with the family in the fenced-in sports field, or having a friendly competition with your neighbors on one of our two private, pickleball courts. Wimauma offers a surprising array of activities for visitors to enjoy. The Hillcrest single-family home has it all. Your convenient 2-car garage leads to your gourmet kitchen where a large island overlooks the dining and family rooms. Gather in this open area with friends or outside on your large lanai. Upstairs, 3 spacious bedrooms and a double vanity full bath surround a versatile loft, the perfect spot for entertaining visiting guests. Your deluxe owner’s suite features dual walk-in closets and double vanity bath. All Ryan Homes now include WIFI-enabled garage opener and Ecobee thermostat. * * Closing cost assistance is available with use of Builder’s affiliated lender * * . DISCLAIMER: Prices, financing, promotion, and offers subject to change without notice. Offer valid on new sales only. See Community Sales and Marketing Representative for details. Promotions cannot be combined with any other offer. All uploaded photos are stock photos of this floor plan. Actual home may differ from photos. Schools: Elem: Wimauma Elementary School; Middle: Shields Middle School; HS: Morgan High School.

Key facts

• Resort style pool
• Granite countertops
• 42 inch cabinets

Tags

• AMENITY RICH COMMUNITY
• OPEN CONCEPT FLOORPLANS
• GRANITE COUNTERTOPS
• QUARTZ IN THE BATHROOMS
• 42 INCH CABINETS
• RESORT STYLE POOL

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath land listed at $323k.

Deal economics

• At list price, monthly cash flow is $-180 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $297k (8.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $261k (19.1% below list).
• Recommended offer: $261k (19.1% below list) — sets the bar for 1% rule.
• Cap rate 5.6% 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; 10 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 32% 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 139 days — a 12% lower offer ($284k) 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 $261,315 (19.1% 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 139 days. Have you received any prior offers? Is the seller open to a 19% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.81% ✗
• Cap rate: 5.63%
• Cash-on-cash: -2.38%
• DSCR: 0.89
• GRM: 10.3

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: -19.0%
• Equity multiple: 0.31×
• Total profit: $-62,479
• Equity at exit: $57,645

10-year hold

• IRR: -17.4%
• Equity multiple: -0.00×
• Total profit: $-90,739
• Equity at exit: $44,497

Cash invested: $90,437 (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: 10.3×

Monthly cashflow live

• Estimated rent: $2,613 high
• Mortgage (P&I): −$1,694
• Tax est. 1.5%: −$404 /mo · $4,845/yr
• Insurance: −$135
• HOA: −$12
• Vacancy / Maint / Mgmt: −$549
• Net cashflow: $-180

Break-even live

Break-even rent $2,841

Max offer price $296,984

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: $80,748
• Closing costs: $9,690
• Reserves months: —
• Total cash needed: —

Rent comps 10 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	0.05mi
5615 Red Kite Dr Wimauma, FL	5.0	3.0	2112	$3,000	$1.42	2d	1	0.74mi
5771 Red Kite Dr Wimauma, FL	5.0	3.0	2200	$2,650	$1.20	24d	1	0.79mi
5757 Red Kite Dr Wimauma, FL	5.0	3.0	2200	$2,630	$1.20	11d	1	0.79mi
17224 Auburn Arch Loop Wimauma, FL	2.0–4.0	2.5	1517	$2,900	$1.91	17d	20	1.03mi
17247 Southern Haven Dr Wimauma, FL	3.0	2.5	1660	$2,300	$1.39	17d	1	1.17mi
17042 Oval Rum Dr Wimauma, FL	3.0	2.0	1516	$2,500	$1.65	17d	1	1.41mi
17029 Blister Wing Dr Wimauma, FL	4.0	2.5	2328	$3,000	$1.29	1d	1	1.41mi
5517 Blue Azure Dr Wimauma, FL	4.0	2.0	1841	$2,450	$1.33	24d	1	1.43mi
5517 Blue Azure Dr Wimauma, FL	4.0	2.0	1841	$2,450	$1.33	14d	1	1.43mi

HOA detail

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

Listing history 18 events

1. 2026-06-18
   days on market $322,990 Active 139 DOM
2. 2026-06-17
   days on market $322,990 Active 138 DOM
3. 2026-06-16
   days on market $322,990 Active 137 DOM
4. 2026-06-15
   days on market $322,990 Active 136 DOM
5. 2026-06-13
   days on market $322,990 Active 134 DOM
6. 2026-06-13
   days on market $322,990 Active 133 DOM
7. 2026-06-09
   days on market $322,990 Active 130 DOM
8. 2026-06-08
   days on market $322,990 Active 129 DOM
9. 2026-06-07
   days on market $322,990 Active 128 DOM
10. 2026-06-04
    days on market $322,990 Active 125 DOM
11. 2026-06-03
    days on market $322,990 Active 124 DOM
12. 2026-06-02
    days on market $322,990 Active 123 DOM
13. 2026-06-01
    days on market $322,990 Active 122 DOM
14. 2026-05-31
    days on market $322,990 Active 121 DOM
15. 2026-02-10
    status Active 2049-char remark

    Show marketing remark (2049 chars)

    Pre-Construction. To be built. Welcome to Cypress Ridge Ranch in Wimauma, Florida! Discover your dream home in a serene, amenity-rich community. Whether you're downsizing, looking for more space for your growing family, or a first-time buyer, we have the perfect home for you. Our selection of open-concept floorplans, perfect for today’s modern lifestyles, means you can have it all - a home office, guest suite, or playroom - you can design your space your way. The best part? The things you want -- like granite countertops in the kitchen, quartz in the bathrooms, and 42” cabinets - are already included. There’s so much to do – in and around the community, like dipping your toes in our resort-style pool and cooling off in the cabanas, running around with the family in the fenced-in sports field, or having a friendly competition with your neighbors on one of our two private, pickleball courts. Wimauma offers a surprising array of activities for visitors to enjoy. The Hillcrest single-family home has it all. Your convenient 2-car garage leads to your gourmet kitchen where a large island overlooks the dining and family rooms. Gather in this open area with friends or outside on your large lanai. Upstairs, 3 spacious bedrooms and a double vanity full bath surround a versatile loft, the perfect spot for entertaining visiting guests. Your deluxe owner’s suite features dual walk-in closets and double vanity bath. All Ryan Homes now include WIFI-enabled garage opener and Ecobee thermostat. * * Closing cost assistance is available with use of Builder’s affiliated lender * * . DISCLAIMER: Prices, financing, promotion, and offers subject to change without notice. Offer valid on new sales only. See Community Sales and Marketing Representative for details. Promotions cannot be combined with any other offer. All uploaded photos are stock photos of this floor plan. Actual home may differ from photos. Schools: Elem: Wimauma Elementary School; Middle: Shields Middle School; HS: Morgan High School.

16. 2026-02-10
    price $322,990 2049-char remark

    Show marketing remark (2049 chars)

    Pre-Construction. To be built. Welcome to Cypress Ridge Ranch in Wimauma, Florida! Discover your dream home in a serene, amenity-rich community. Whether you're downsizing, looking for more space for your growing family, or a first-time buyer, we have the perfect home for you. Our selection of open-concept floorplans, perfect for today’s modern lifestyles, means you can have it all - a home office, guest suite, or playroom - you can design your space your way. The best part? The things you want -- like granite countertops in the kitchen, quartz in the bathrooms, and 42” cabinets - are already included. There’s so much to do – in and around the community, like dipping your toes in our resort-style pool and cooling off in the cabanas, running around with the family in the fenced-in sports field, or having a friendly competition with your neighbors on one of our two private, pickleball courts. Wimauma offers a surprising array of activities for visitors to enjoy. The Hillcrest single-family home has it all. Your convenient 2-car garage leads to your gourmet kitchen where a large island overlooks the dining and family rooms. Gather in this open area with friends or outside on your large lanai. Upstairs, 3 spacious bedrooms and a double vanity full bath surround a versatile loft, the perfect spot for entertaining visiting guests. Your deluxe owner’s suite features dual walk-in closets and double vanity bath. All Ryan Homes now include WIFI-enabled garage opener and Ecobee thermostat. * * Closing cost assistance is available with use of Builder’s affiliated lender * * . DISCLAIMER: Prices, financing, promotion, and offers subject to change without notice. Offer valid on new sales only. See Community Sales and Marketing Representative for details. Promotions cannot be combined with any other offer. All uploaded photos are stock photos of this floor plan. Actual home may differ from photos. Schools: Elem: Wimauma Elementary School; Middle: Shields Middle School; HS: Morgan High School.

17. 2026-01-21
    historical 2049-char remark

    Show marketing remark (2049 chars)

    Pre-Construction. To be built. Welcome to Cypress Ridge Ranch in Wimauma, Florida! Discover your dream home in a serene, amenity-rich community. Whether you're downsizing, looking for more space for your growing family, or a first-time buyer, we have the perfect home for you. Our selection of open-concept floorplans, perfect for today’s modern lifestyles, means you can have it all - a home office, guest suite, or playroom - you can design your space your way. The best part? The things you want -- like granite countertops in the kitchen, quartz in the bathrooms, and 42” cabinets - are already included. There’s so much to do – in and around the community, like dipping your toes in our resort-style pool and cooling off in the cabanas, running around with the family in the fenced-in sports field, or having a friendly competition with your neighbors on one of our two private, pickleball courts. Wimauma offers a surprising array of activities for visitors to enjoy. The Hillcrest single-family home has it all. Your convenient 2-car garage leads to your gourmet kitchen where a large island overlooks the dining and family rooms. Gather in this open area with friends or outside on your large lanai. Upstairs, 3 spacious bedrooms and a double vanity full bath surround a versatile loft, the perfect spot for entertaining visiting guests. Your deluxe owner’s suite features dual walk-in closets and double vanity bath. All Ryan Homes now include WIFI-enabled garage opener and Ecobee thermostat. * * Closing cost assistance is available with use of Builder’s affiliated lender * * . DISCLAIMER: Prices, financing, promotion, and offers subject to change without notice. Offer valid on new sales only. See Community Sales and Marketing Representative for details. Promotions cannot be combined with any other offer. All uploaded photos are stock photos of this floor plan. Actual home may differ from photos. Schools: Elem: Wimauma Elementary School; Middle: Shields Middle School; HS: Morgan High School.

18. 2026-01-10
    listed $319,990 Active 2049-char remark

    Show marketing remark (2049 chars)

    Pre-Construction. To be built. Welcome to Cypress Ridge Ranch in Wimauma, Florida! Discover your dream home in a serene, amenity-rich community. Whether you're downsizing, looking for more space for your growing family, or a first-time buyer, we have the perfect home for you. Our selection of open-concept floorplans, perfect for today’s modern lifestyles, means you can have it all - a home office, guest suite, or playroom - you can design your space your way. The best part? The things you want -- like granite countertops in the kitchen, quartz in the bathrooms, and 42” cabinets - are already included. There’s so much to do – in and around the community, like dipping your toes in our resort-style pool and cooling off in the cabanas, running around with the family in the fenced-in sports field, or having a friendly competition with your neighbors on one of our two private, pickleball courts. Wimauma offers a surprising array of activities for visitors to enjoy. The Hillcrest single-family home has it all. Your convenient 2-car garage leads to your gourmet kitchen where a large island overlooks the dining and family rooms. Gather in this open area with friends or outside on your large lanai. Upstairs, 3 spacious bedrooms and a double vanity full bath surround a versatile loft, the perfect spot for entertaining visiting guests. Your deluxe owner’s suite features dual walk-in closets and double vanity bath. All Ryan Homes now include WIFI-enabled garage opener and Ecobee thermostat. * * Closing cost assistance is available with use of Builder’s affiliated lender * * . DISCLAIMER: Prices, financing, promotion, and offers subject to change without notice. Offer valid on new sales only. See Community Sales and Marketing Representative for details. Promotions cannot be combined with any other offer. All uploaded photos are stock photos of this floor plan. Actual home may differ from photos. Schools: Elem: Wimauma Elementary School; Middle: Shields Middle School; HS: Morgan High School.

ⓘ 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: $31,358
• − Mortgage interest: −$18,092
• − Property taxes: −$4,845
• − Insurance: −$1,615
• − Repairs & maintenance: −$2,509
• − Management: −$2,509
• − HOA: −$144
• − Depreciation: −$9,396
• Taxable loss: −$7,752
• Est. tax savings @ 24.0%: +$1,860
• After-tax cash flow: $-296/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

+0.9% since first listed

4 events — show timeline

• 2026-02-10 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-02-10 Price Changed $322,990 Stellar MLS as Distributed by MLS Grid
• 2026-01-21 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-01-10 Listed $319,990 Stellar MLS as Distributed by MLS Grid