611 Destiny Dr #301RuskinFL33570
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow611 Destiny Dr #301, Ruskin, FL, 33570 in Ruskin carries a 1.96 coverage ratio, rent of $1,567/mo is 1.96 times the $799/mo payment. Rental yield 10.58%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $177,700 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $49,095; total projected cumulative return: $51,308.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.3% |
| Monthly Cash Flow | $(302) | $300 |
City averages based on Ruskin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,567 |
| Total Monthly Debt Service | $1,799 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1970
2 sqft lot
$N/A/sqft
$603 monthly 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
Condo
Built in 1970
2 sqft lot
$N/A/sqft
$603 monthly 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