506 3rd Ave SERuskinFL33570
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 506 3rd Ave SE, Ruskin, FL, 33570 in Ruskin is a conservative rental investment at $519,900. Rental yield 7.6%. A 1.41 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $143,639; $4,788/yr in principal paydown supplements. Total projected return: $187,978.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.3% |
| Monthly Cash Flow | $(159) | $300 |
City averages based on Ruskin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,292 |
| Total Monthly Debt Service | $3,243 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
1.18 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1965
1.18 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices