2321 Scenic Park Loop · Wimauma, FL 33598

$337,990

4 bd · 2.5 ba · 2,430 sqft · Land · 142 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 +13.3/30.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• DSCR +4.0/10.0
• 1% rule +3.8/10.0
• Appreciation +3.8/10.0
• Livability +3.2/5.0
• 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 Windermere single-family home is where you want to be. Step in from your 2-car garage and enjoy the good life. Find it in the large family room, where smiling faces greet you and delicious smells fill your gourmet kitchen. Share stories around your island or outside on your lanai. The 1st floor features versatile flex space that can be used as a study or a main-level bedroom. Upstairs, 3 bedrooms and a full bath provide privacy while a loft adds extra entertaining space. Your deluxe owner’s suite includes double vanities, a seated shower and a walk-in closet. 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

• Quartz in bathrooms
• Resort style pool
• Granite countertops

Tags

• AMENITY RICH COMMUNITY
• OPEN CONCEPT FLOORPLANS
• GRANITE COUNTERTOPS
• QUARTZ IN 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 $338k.

Deal economics

• At list price, monthly cash flow is $-1 ($-11/yr) — negative.
• To cash-flow at today's rent, offer at most $338k (0.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $297k (12.1% below list).
• Recommended offer: $297k (12.1% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 4.5% in Wimauma — 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 64/100 on livability (#699 in FL) — a middle-class / working-renter tenant base. Strengths: commute A, cost of living A-, crime B; Watch: amenities F, employment D-, 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: Wimauma Elementary School (math 31% / reading 29%, grade F, #1,882 of 2,144 statewide, top 88%, 543 students, 81% 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 32% at this address vs 48% district-wide (-16 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 (-2.5%/yr); 689 active listings in the ZIP; 9 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 37% 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 142 days — a 12% lower offer ($297k) 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 $297,068 (12.1% 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 142 days. Have you received any prior offers? Is the seller open to a 12% 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: 0.88% ✗
• Cap rate: 6.29%
• Cash-on-cash: -0.01%
• DSCR: 1.00
• GRM: 9.5

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: -15.5%
• Equity multiple: 0.43×
• Total profit: $-54,151
• Equity at exit: $60,322

10-year hold

• IRR: -12.7%
• Equity multiple: 0.23×
• Total profit: $-72,489
• Equity at exit: $46,563

Cash invested: $94,637 (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: 689
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $2,971 high
• Mortgage (P&I): −$1,772
• Tax est. 1.5%: −$422 /mo · $5,070/yr
• Insurance: −$141
• HOA: −$12
• Vacancy / Maint / Mgmt: −$624
• Net cashflow: $-1

Break-even live

Break-even rent $2,972

Max offer price $337,855

Occupancy floor 95%

Sensitivity live

Price	-10% $233	-5% $116	+0% $-1	+5% $-118	+10% $-235
Rent	-10% $-236	-5% $-118	+0% $-1	+5% $116	+10% $234
Rate	-1.0pp $169	-0.5pp $85	base $-1	+0.5pp $-89	+1.0pp $-178

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: $84,498
• Closing costs: $10,140
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5615 Red Kite Dr Wimauma, FL	5.0	3.0	2112	$3,000	$1.42	4d	1	0.68mi
5771 Red Kite Dr Wimauma, FL	5.0	3.0	2200	$2,650	$1.20	26d	1	0.72mi
5757 Red Kite Dr Wimauma, FL	5.0	3.0	2200	$2,630	$1.20	12d	1	0.73mi
17224 Auburn Arch Loop Wimauma, FL	2.0–4.0	2.5	1517	$2,900	$1.91	19d	20	0.99mi
17247 Southern Haven Dr Wimauma, FL	3.0	2.5	1660	$2,300	$1.39	19d	1	1.14mi
17029 Blister Wing Dr Wimauma, FL	4.0	2.5	2328	$3,000	$1.29	1d	1	1.36mi
16984 Oval Rum Dr Wimauma, FL	4.0	3.0	3362	$3,300	$0.98	1d	1	1.49mi
5517 Blue Azure Dr Wimauma, FL	4.0	2.0	1841	$2,450	$1.33	26d	1	1.49mi
5517 Blue Azure Dr Wimauma, FL	4.0	2.0	1841	$2,450	$1.33	16d	1	1.49mi

HOA detail

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

Listing history 19 events

1. 2026-06-21
   days on market $337,990 Active 142 DOM
2. 2026-06-18
   days on market $337,990 Active 139 DOM
3. 2026-06-17
   days on market $337,990 Active 138 DOM
4. 2026-06-16
   days on market $337,990 Active 137 DOM
5. 2026-06-15
   days on market $337,990 Active 136 DOM
6. 2026-06-13
   days on market $337,990 Active 134 DOM
7. 2026-06-13
   days on market $337,990 Active 133 DOM
8. 2026-06-09
   days on market $337,990 Active 130 DOM
9. 2026-06-08
   days on market $337,990 Active 129 DOM
10. 2026-06-07
    days on market $337,990 Active 128 DOM
11. 2026-06-04
    days on market $337,990 Active 125 DOM
12. 2026-06-03
    days on market $337,990 Active 124 DOM
13. 2026-06-02
    days on market $337,990 Active 123 DOM
14. 2026-06-01
    days on market $337,990 Active 122 DOM
15. 2026-05-31
    days on market $337,990 Active 121 DOM
16. 2026-02-10
    status Active 2167-char remark

    Show marketing remark (2167 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 Windermere single-family home is where you want to be. Step in from your 2-car garage and enjoy the good life. Find it in the large family room, where smiling faces greet you and delicious smells fill your gourmet kitchen. Share stories around your island or outside on your lanai. The 1st floor features versatile flex space that can be used as a study or a main-level bedroom. Upstairs, 3 bedrooms and a full bath provide privacy while a loft adds extra entertaining space. Your deluxe owner’s suite includes double vanities, a seated shower and a walk-in closet. 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. 2026-02-10
    price $337,990 2167-char remark

    Show marketing remark (2167 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 Windermere single-family home is where you want to be. Step in from your 2-car garage and enjoy the good life. Find it in the large family room, where smiling faces greet you and delicious smells fill your gourmet kitchen. Share stories around your island or outside on your lanai. The 1st floor features versatile flex space that can be used as a study or a main-level bedroom. Upstairs, 3 bedrooms and a full bath provide privacy while a loft adds extra entertaining space. Your deluxe owner’s suite includes double vanities, a seated shower and a walk-in closet. 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. 2026-01-21
    historical 2167-char remark

    Show marketing remark (2167 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 Windermere single-family home is where you want to be. Step in from your 2-car garage and enjoy the good life. Find it in the large family room, where smiling faces greet you and delicious smells fill your gourmet kitchen. Share stories around your island or outside on your lanai. The 1st floor features versatile flex space that can be used as a study or a main-level bedroom. Upstairs, 3 bedrooms and a full bath provide privacy while a loft adds extra entertaining space. Your deluxe owner’s suite includes double vanities, a seated shower and a walk-in closet. 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.

19. 2026-01-10
    listed $334,990 Active 2167-char remark

    Show marketing remark (2167 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 Windermere single-family home is where you want to be. Step in from your 2-car garage and enjoy the good life. Find it in the large family room, where smiling faces greet you and delicious smells fill your gourmet kitchen. Share stories around your island or outside on your lanai. The 1st floor features versatile flex space that can be used as a study or a main-level bedroom. Upstairs, 3 bedrooms and a full bath provide privacy while a loft adds extra entertaining space. Your deluxe owner’s suite includes double vanities, a seated shower and a walk-in closet. 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: $35,648
• − Mortgage interest: −$18,933
• − Property taxes: −$5,070
• − Insurance: −$1,690
• − Repairs & maintenance: −$2,852
• − Management: −$2,852
• − HOA: −$144
• − Depreciation: −$9,832
• Taxable loss: −$5,724
• Est. tax savings @ 24.0%: +$1,374
• After-tax cash flow: $1,363/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: 196
• 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 $337,990 Stellar MLS as Distributed by MLS Grid
• 2026-01-21 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-01-10 Listed $334,990 Stellar MLS as Distributed by MLS Grid