One or more photo(s) has been virtually staged. <LAST PRICE REDUCTION><HIGHEST & BEST BY 04/10/2026> Seller reserves the right to accept an offer prior to the deadline. Rare opportunity in the rapidly growing South Shore area of Hillsborough County. Priced aggressively, this property at 10120 Carp Hollow Rd in Ruskin offers exceptional upside for buyers seeking space, flexibility, and long-term potential in one of the Tampa Bay region’s fastest-expanding corridors. Situated on a quiet residential street, the property offers a comfortable setting while still providing convenient access to major roadways including I-75 and U.S. 41, making commuting to Tampa, Brandon, and Sarasota easily accessible. The surrounding area continues to experience strong population growth and development as buyers are drawn to the region for its affordability, proximity to the Gulf Coast, and access to major employment centers throughout the Tampa Bay area. The home features a functional layout with spacious living areas designed for comfortable everyday living. Interior spaces offer practical flow between the living room, kitchen, and dining areas, creating a welcoming environment that can be enjoyed as-is or enhanced with personal updates over time. Bedrooms provide comfortable accommodations with flexible layouts suitable for family living, guests, or home office space. The kitchen offers ample cabinetry and counter space with a layout that supports both daily living and future improvements. Bathrooms provide practical layouts with solid functionality while offering potential for cosmetic updates depending on a buyer’s vision. The property sits on a residential lot that provides outdoor space ideal for relaxing, entertaining, or customizing to suit future needs. The surrounding neighborhood offers a quiet residential environment while still being close to schools, parks, shopping, and dining options throughout the growing South Shore area. Ruskin and the greater South Shore region continue to attract buyers due to their proximity to Tampa Bay, waterfront recreation, boating, fishing, and access to Gulf beaches, while still offering more attainable home prices compared to other parts of the Tampa Bay market. Continued residential construction, commercial development, and infrastructure improvements throughout the area are contributing to ongoing demand and long-term growth. With convenient access to Apollo Beach, Sun City Center, Brandon, and downtown Tampa, the location provides excellent connectivity to employment hubs, retail centers, and coastal amenities. Whether you are a buyer looking for a comfortable primary residence, a buyer seeking to customize and add value over time, or an investor exploring opportunities in a high-growth market, this property offers flexibility and strong long-term potential. Seller is requesting highest and best offers by 04/10/2026. Serious buyers should act quickly.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
