Freeport II Plan · Ruskin, FL 33570

$310,990

4 bd · 2.0 ba · 1,498 sqft · SingleFamily · 331 Days on market

Good condition

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Why this score? — see what drove the F 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 +7.7/30.0
• ARV discount +7.5/15.0
• Condition / age +4.0/5.0
• Livability +3.6/5.0
• Schools +3.1/10.0
• Rent growth +2.7/5.0
• 1% rule +2.3/10.0
• DSCR +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This all-concrete block constructed, one-story layout optimizes living space and features an open concept kitchen overlooking the great room and dining area. The kitchen comes full equipped with all stainless-steel appliances including a refrigerator, built-in dishwasher, electric range, and microwave. The primary suite is located towards the back of the home for additional privacy, featuring an ensuite bathroom with a spacious walk-in closet. Two additional bedrooms at the front of the home are separated by a shared bathroom and sizable closets in each room. The third bedroom is located near the dedicated laundry room that is equipped with a washer and dryer. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. CBC039052.

Key facts

• Open concept kitchen
• Walk-in closet
• Ensuite bathroom

Tags

• OPEN CONCEPT KITCHEN
• STAINLESS STEEL APPLIANCES
• ENSUITE BATHROOM
• WALK-IN CLOSET
• DEDICATED LAUNDRY ROOM

🏗️ New construction. The $310,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $324,495.

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $311k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-374 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $270k (13.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $237k (23.9% below list).
• Recommended offer: $237k (23.9% below list) — sets the bar for 1% rule.

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: Ruskin Elementary School (math 30% / reading 23%, grade F, #2,009 of 2,144 statewide, top 94%, 781 students, 77% 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 31% 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 flat; 840 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 55d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% 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).
• This rent runs 39% 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 $2k of loan paydown is wiped out by about $10k 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 331 days — a 12% lower offer ($274k) is reasonable based on typical stale-listing flexibility.

Recommended offer $236,551 (23.9% 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 331 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 0.73% ✗
• Cap rate: 4.91%
• Cash-on-cash: -4.94%
• DSCR: 0.78
• GRM: 11.4

CMA / ARV

• ARV (median comp): $324,495
• List price: $310,990
• Delta: -4.16%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1015 Gum Spring Ct	0.18mi	4/2.0	1,498 (0%)	1mo	$305,000	$204	91
1210 Alpine Ash Pl	0.20mi	4/2.0	1,498 (0%)	1mo	$295,094	$197	90
1520 9th St SE	0.32mi	4/2.0	1,580 (+6%)	1mo	$304,400	$193	75
1520 9th St SE	0.32mi	4/2.0	1,580 (+6%)	4mo	$173,500	$110	72
1009 Gum Spring Ct SE	0.21mi	4/2.0	1,665 (+11%)	1mo	$325,000	$195	70
1207 12 St SE	0.20mi	4/2.0	1,665 (+11%)	3mo	$324,990	$195	70
1215 Tropical Hammock Pl	0.24mi	4/2.0	1,665 (+11%)	1mo	$285,000	$171	70
1011 Gum Spring Ct	0.20mi	3/2.0 (-1)	1,328 (-11%)	1mo	$291,000	$219	66
925 Windton Oak Dr	0.51mi	4/2.0	1,396 (-7%)	1mo	$275,000	$197	64
1132 Shared Passion St	0.61mi	4/2.0	1,612 (+8%)	0mo	$300,000	$186	58
1128 Shared Passion St	0.62mi	3/2.0 (-1)	1,444 (-4%)	2mo	$264,000	$183	58
1113 Humble Haven St	0.66mi	4/2.0	1,612 (+8%)	3mo	$203,000	$126	54

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: -27.0%
• Equity multiple: 0.11×
• Total profit: $-81,247
• Equity at exit: $48,383

10-year hold

• IRR: -34.1%
• Equity multiple: -0.33×
• Total profit: $-120,517
• Equity at exit: $28,056

Cash invested: $90,859 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 37 active · 63 under contract
• Months of supply: 7.2 mo (14%/mo absorbed)
• Median asking: $329,999 ($198/sqft)
• Median days on market: 53 d
• This list price: 30% of active listings are priced below it
• ARV vs active asking: +9.2% 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: 840
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,366 high
• Mortgage (P&I): −$1,702
• Tax est. 1.5%: −$406 /mo · $4,867/yr
• Insurance: −$135
• HOA: −$0
• Vacancy / Maint / Mgmt: −$497
• Net cashflow: $-374

Break-even live

Break-even rent $2,839

Max offer price $270,411

Occupancy floor —

Sensitivity live

Price	-10% $-150	-5% $-262	+0% $-374	+5% $-486	+10% $-598
Rent	-10% $-561	-5% $-467	+0% $-374	+5% $-280	+10% $-187
Rate	-1.0pp $-210	-0.5pp $-291	base $-374	+0.5pp $-458	+1.0pp $-543

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: $81,124
• Closing costs: $9,735
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1251 9th St SE Ruskin, FL	3.0–4.0	2.0–3.0	1733	$4,090	$2.36	0d	1	0.37mi
822 Will Scarlett Ave Ruskin, FL	4.0	2.0	1846	$2,400	$1.30	69d	1	0.43mi
822 Will Scarlett Ave Ruskin, FL	4.0	2.0	1828	$2,400	$1.31	55d	1	0.43mi
801 Ace Outlaw Ave Ruskin, FL	4.0	2.0	1846	$2,375	$1.29	10d	1	0.47mi
809 College Chase Dr Ruskin, FL	3.0	2.0	1275	$1,705	$1.34	6d	1	0.53mi
1882 Silver Star Pl Unit Lo Ruskin, FL	3.0	2.0	1540	$2,195	$1.43	29d	1	0.55mi
1882 Silver Star Pl Ruskin, FL	3.0	2.0	1540	$2,100	$1.36	10d	1	0.55mi
922 Larwood Pine Dr Ruskin, FL	3.0	2.0	1592	$1,779	$1.12	51d	1	0.59mi
808 Tidal Rock Ave Ruskin, FL	3.0	2.0	1676	$2,000	$1.19	10d	1	0.60mi
906 Larwood Pine Dr Ruskin, FL	3.0	2.0	1378	$1,880	$1.36	104d	1	0.62mi
1119 Shared Passion St Ruskin, FL	3.0	2.0	1444	$1,799	$1.25	72d	1	0.62mi
1122 Shared Passion St Ruskin, FL	4.0	2.0	1592	$1,895	$1.19	10d	1	0.65mi
1906 Blue Stream St Ruskin, FL	4.0	2.0	1498	$2,100	$1.40	134d	1	0.68mi
1906 Blue Stream St Ruskin, FL	4.0	2.0	1498	$2,000	$1.34	51d	1	0.68mi
1906 Blue Stream St Ruskin, FL	4.0	2.0	1498	$1,845	$1.23	31d	1	0.68mi
1914 Peaceful Palm St Ruskin, FL	3.0	2.0	1453	$1,800	$1.24	10d	1	0.68mi
1501 21st St SE Ruskin, FL	4.0	2.0	1618	$2,050	$1.27	131d	1	0.70mi
1677 Blue Rose Dr Ruskin, FL	4.0	2.0	1841	$2,100	$1.14	75d	1	0.71mi
1911 Blue Stream St Ruskin, FL	4.0	2.0	1828	$2,425	$1.33	6d	1	0.71mi
1107 Lauren Manor Loop Ruskin, FL	4.0	2.0	1866	$2,056	$1.10	134d	1	0.71mi
1109 Lauren Manor Loop Ruskin, FL	3.0	2.0	1578	$2,019	$1.28	99d	1	0.72mi
2106 Pleasant View Ave Ruskin, FL	3.0	2.0	1463	$1,850	$1.26	109d	1	0.75mi
2025 Peaceful Palm St Ruskin, FL	4.0	2.0	1606	$2,600	$1.62	155d	1	0.76mi
444 Whistling Duck Pl Ruskin, FL	3.0	2.5	1464	$2,000	$1.37	3d	1	0.79mi
1029 Spotted Egret Loop Ruskin, FL	3.0	2.5	1463	$1,999	$1.37	128d	1	0.83mi
2305 Unity Village Dr Ruskin, FL	4.0	2.0	1563	$1,870	$1.20	2d	1	0.90mi
2313 Pleasure Run Dr Ruskin, FL	3.0	2.0	1398	$1,829	$1.31	75d	1	0.92mi
2304 Pleasure Run Dr Ruskin, FL	3.0	2.0	1276	$1,970	$1.54	144d	1	0.93mi
226 Royal Spoonbill Dr Ruskin, FL	3.0	2.5	1673	$2,070	$1.24	55d	1	0.94mi
226 Royal Spoonbill Dr Ruskin, FL	3.0	2.5	1673	$1,995	$1.19	10d	1	0.94mi
1721 2nd St SE Ruskin, FL	4.0	1.5	1321	$1,733	$1.31	75d	1	0.96mi
1512 Orchard Park Cir Ruskin, FL	3.0–4.0	2.0	1058	$1,471	$1.39	10d	1	1.00mi
2306 Lawrence Hall St Ruskin, FL	4.0	2.0	1731	$2,100	$1.21	151d	1	1.00mi
2305 Lawrence Hall St Ruskin, FL	4.0	2.0	1731	$1,967	$1.14	10d	1	1.02mi
2326 Lawrence Hall St Ruskin, FL	4.0	3.0	1806	$2,500	$1.38	10d	1	1.08mi
2205 Roanoke Springs Dr Ruskin, FL	4.0	3.0	1790	$2,000	$1.12	165d	1	1.09mi
2222 Roanoke Springs Dr Ruskin, FL	4.0	3.0	1790	$2,250	$1.26	165d	1	1.12mi
403 Laguna Mill Dr Ruskin, FL	3.0	2.0	1626	$2,050	$1.26	90d	1	1.31mi
503 9th St NE Ruskin, FL	3.0	2.0	1728	$2,072	$1.20	10d	1	1.31mi
1838 Atlantic Dr Ruskin, FL	3.0	2.0	1508	$1,910	$1.27	38d	1	1.32mi

Listing history 50 events

1. 2026-11-08
   days on market $310,990 Active 331 DOM
2. 2026-11-07
   days on market $310,990 Active 330 DOM
3. 2026-11-06
   days on market $310,990 Active 329 DOM
4. 2026-11-05
   days on market $310,990 Active 328 DOM
5. 2026-11-04
   days on market $310,990 Active 327 DOM
6. 2026-11-02
   days on market $310,990 Active 325 DOM
7. 2026-11-01
   days on market $310,990 Active 324 DOM
8. 2026-10-31
   days on market $310,990 Active 323 DOM
9. 2026-10-30
   days on market $310,990 Active 322 DOM
10. 2026-10-29
    days on market $310,990 Active 321 DOM
11. 2026-10-28
    days on market $310,990 Active 320 DOM
12. 2026-10-27
    days on market $310,990 Active 319 DOM
13. 2026-10-26
    days on market $310,990 Active 318 DOM
14. 2026-10-25
    days on market $310,990 Active 317 DOM
15. 2026-10-24
    days on market $310,990 Active 316 DOM
16. 2026-10-23
    days on market $310,990 Active 315 DOM
17. 2026-10-22
    days on market $310,990 Active 314 DOM
18. 2026-10-21
    days on market $310,990 Active 313 DOM
19. 2026-10-20
    days on market $310,990 Active 312 DOM
20. 2026-10-19
    days on market $310,990 Active 311 DOM
21. 2026-10-18
    days on market $310,990 Active 310 DOM
22. 2026-10-17
    days on market $310,990 Active 309 DOM
23. 2026-10-16
    days on market $310,990 Active 308 DOM
24. 2026-10-15
    days on market $310,990 Active 307 DOM
25. 2026-10-14
    days on market $310,990 Active 306 DOM
26. 2026-10-13
    days on market $310,990 Active 305 DOM
27. 2026-10-12
    days on market $310,990 Active 304 DOM
28. 2026-10-11
    days on market $310,990 Active 303 DOM
29. 2026-10-10
    days on market $310,990 Active 302 DOM
30. 2026-10-09
    days on market $310,990 Active 301 DOM
31. 2026-10-08
    days on market $310,990 Active 300 DOM
32. 2026-10-07
    days on market $310,990 Active 299 DOM
33. 2026-10-06
    days on market $310,990 Active 298 DOM
34. 2026-10-05
    days on market $310,990 Active 297 DOM
35. 2026-10-03
    days on market $310,990 Active 295 DOM
36. 2026-10-02
    days on market $310,990 Active 294 DOM
37. 2026-10-01
    days on market $310,990 Active 293 DOM
38. 2026-09-30
    days on market $310,990 Active 292 DOM
39. 2026-09-29
    days on market $310,990 Active 291 DOM
40. 2026-09-28
    days on market $310,990 Active 290 DOM
41. 2026-09-27
    days on market $310,990 Active 289 DOM
42. 2026-09-25
    days on market $310,990 Active 287 DOM
43. 2026-09-24
    days on market $310,990 Active 286 DOM
44. 2026-09-23
    days on market $310,990 Active 285 DOM
45. 2026-09-22
    days on market $310,990 Active 284 DOM
46. 2026-09-21
    days on market $310,990 Active 283 DOM
47. 2026-09-20
    days on market $310,990 Active 282 DOM
48. 2026-09-19
    days on market $310,990 Active 281 DOM
49. 2026-09-18
    days on market $310,990 Active 280 DOM
50. 2026-09-17
    days on market $310,990 Active 279 DOM

ⓘ 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: $28,386
• − Mortgage interest: −$18,177
• − Property taxes: −$4,867
• − Insurance: −$1,622
• − Repairs & maintenance: −$2,271
• − Management: −$2,271
• − Depreciation: −$9,440
• Taxable loss: −$10,262
• Est. tax savings @ 24.0%: +$2,463
• After-tax cash flow: $-2,022/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 · 1 photo

Good 80/100 None rehab

The home is in good condition with no major repairs needed. It offers a good starting point for potential buyers or renters, with minor updates to the exterior and interior that could significantly enhance its value.

Value-add opportunities

• Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhances curb appeal and adds value. ↑
• Both New flooring in high-traffic areas — Improves comfort and adds value for both resale and rental. ↑
• Resale Upgrading kitchen appliances — Modernizes the kitchen and appeals to potential buyers. ↑
• Resale Upgrading bathrooms with modern fixtures — Enhances the primary suite and shared bathroom, improving appeal for potential buyers. ↑

F Composite school gradezoned avg 31/100

Zoned Schools

Elementary Ruskin Elementary School F FL #2,009/2,144 Nat'l #29,439/41,679 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

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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%

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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%
• Languages at home: 72% English-only · Spanish 23% French/Haitian/Cajun 2%

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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

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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

+0.3% since first listed

2 events — show timeline

• 2026-03-31 Price Changed $320,990 Zillow
• 2025-12-12 Listed $319,990 Zillow