ZIP CODE 33578 // TAMPA-ST. PETERSBURG-CLEARWATER, FL // DATA AS OF 2026-09-30
Riverview, FL (33578) Rental Property Cap Rate & Cash Flow Report
Located in Hillsborough County (Riverview, FL), Zip Code 33578 ranks #69 of 500 within this selected sample (86th percentile) with a Zillow ZHVI typical home-value index of $334,713 (-2.7% YoY) and a ZORI observed market rent of $1,937/mo (-1.4% YoY). Requires at least 37.4% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$367/mo
Annual: -$4,406/yr
Modeled Cap Rate
4.75%
NOI: $15,904/yr
Cash-on-Cash Return
-5.72%
Cash Needed: $76,984
1% Rule Ratio
0.58%
Gross Yield: 6.94%
Break-Even Rent
$2,359/mo
State Tax: 0.79%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 33578 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (FL Avg 0.79%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,692/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$612/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (33578)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $296,093 | $1,780/mo | 7.21% |
| 2022 | $386,646 | $1,953/mo | 6.06% |
| 2023 | $367,982 | $1,946/mo | 6.35% |
| 2024 | $366,152 | $1,938/mo | 6.35% |
| 2025 | $343,905 | $1,963/mo | 6.85% |
| 2026 | $334,713 | $1,937/mo | 6.94% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 33015 Hialeah, FL | $398,161 | $2,291/mo | 4.72% | -$448/mo |
| 33012 Hialeah, FL | $385,957 | $2,212/mo | 4.69% | -$442/mo |
| 33027 Miramar, FL | $470,967 | $2,777/mo | 4.87% | -$472/mo |
| 33032 Homestead, FL | $455,555 | $2,580/mo | 4.62% | -$549/mo |
| 33033 Homestead, FL | $435,038 | $2,595/mo | 4.94% | -$410/mo |
| 33064 Deerfield Beach, FL | $361,279 | $2,156/mo | 4.94% | -$339/mo |