2038 Bayou Dr S #1160RuskinFL33570
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Ruskin at 2038 Bayou Dr S #1160, Ruskin, FL, 33570 generates $1,028/mo in rent and, after a $587/mo payment, leaves $232/mo in cash flow. Total monthly income is $1,028/mo, and annual cash flow is $2,784/yr on $39,780 invested. Return on cash invested sits at 26.91% in year one, and rental yield is 10.28% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 140.95% and total cumulative return in cash sums $56,071. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,028/mo property income rather than buyer’s personal income.
Manufactured
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33570, Ruskin, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,283 (100%) |
| Owner Occupied HU | 11,125 (68.3%) |
| Renter Occupied HU | 3,025 (18.6%) |
| Vacant Housing Units | 2,133 (13.1%) |
| Median Home Value | $335,955 |
| Average Home Value | $385,712 |
Housing Distribution
Address Breakdown
Residential
14,226
Single Family
10,787
Multi-Family
3,439
Businesses
357
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