410 W Amelia Ave · Tampa, FL 33602

$299,900

4 bd · 2.0 ba · 1,101 sqft · SingleFamily public records · 1 Days on market

Built 1923 7,524 sqft lot

---

Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.1/30.0
• DSCR +8.2/10.0
• ARV discount +7.5/15.0
• 1% rule +6.4/10.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Historic Tampa Heights. 2BR/1.5BA Bungalow. Flawless renovation, wood floors, high ceilings, * * Adorable, new appliances, fixtureshigh ceilings! Ready to move in. Don't miss the opportunity to invest in this historic neighborhood!

Key facts

• 7,524 sq ft lot
• Built 1923

Property features AI

Finance

• Other: Lot about 0.17 acres (approx. 57 x 132); Brick road surface
• Financial info: No lease restrictions; Tax details available (financial amounts omitted)
• HOA & community: No HOA/association listed

Exterior

• Parking: Parking details not provided
• Security: No security features listed
• Utilities: Public water; Other sewer; Other utilities
• Home design: Single-family residence; Residential property; One story; Faces north
• Construction: Block construction; Shingle roof; Slab foundation; Built area approximately 1,101 (public records)
• Exterior features: Exterior lighting

Interior

• Kitchen: No appliances listed
• Bedrooms: 4 bedrooms
• Flooring: Other flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: No heating; No cooling
• Interior features: Other interior features
• Laundry & utility: Laundry: Other

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $300k.

Deal economics

• At list price, monthly cash flow is $661 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $300k).

Location & tenants

• Location reads 79/100 on livability (#142 in FL, #2,135 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: schools C-, crime D+.
• Hillsborough (suburban): math 47% / reading 50% proficiency, ranked #41 of 73 in FL (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-1.8%/yr); 289 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• This rent runs 42% of the median local income ($97k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Hillsborough County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $130k; list at $300k implies a 131% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1923 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $299,900

Questions for the listing agent

1. Built in 1923 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.14% ✓
• Cap rate: 8.94%
• Cash-on-cash: 9.44%
• DSCR: 1.42
• GRM: 7.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -5.5%
• Equity multiple: 0.80×
• Total profit: $-16,527
• Equity at exit: $44,716

10-year hold

• IRR: 0.2%
• Equity multiple: 1.01×
• Total profit: $1,108
• Equity at exit: $25,930

Cash invested: $83,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33602

• Home prices YoY: -29.9%
• Rents YoY: -1.8%
• Active inventory: 289
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $3,429 high
• Mortgage (P&I): −$1,573
• Tax from tax record: −$351 /mo · $4,208/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$720
• Net cashflow: $661

Break-even live

Break-even rent $2,593

Max offer price $299,900

Occupancy floor 76%

Sensitivity live

Price	-10% $830	-5% $746	+0% $661	+5% $576	+10% $491
Rent	-10% $390	-5% $525	+0% $661	+5% $796	+10% $932
Rate	-1.0pp $812	-0.5pp $737	base $661	+0.5pp $583	+1.0pp $504

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $74,975
• Closing costs: $8,997
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2203 N Boulevard Tampa, FL	3.0	2.0	1316	$5,000	$3.80	25d	1	0.17mi
811 W Amelia Ave Tampa, FL	3.0	2.0	1223	$2,800	$2.29	5d	1	0.21mi
310 W Warren Ave Unit 1372309P Tampa, FL	3.0	2.0	1302	$4,478	$3.44	0d	1	0.25mi
2110 N Ola Ave Tampa, FL	1.0–3.0	1.0–2.5	1106	$4,242	$3.84	0d	17	0.26mi
2705 N Poplar Ave Unit 1466151P Tampa, FL	3.0	2.0	1291	$4,967	$3.85	0d	1	0.29mi
902 W Columbus Dr Tampa, FL	3.0	1.0	1234	$2,995	$2.43	24d	1	0.30mi
206 W Warren Ave Unit 1053150P Tampa, FL	3.0	2.0	1323	$3,699	$2.80	5d	1	0.33mi
2807 N Highland Ave Tampa, FL	4.0	2.0	1312	$3,128	$2.38	5d	1	0.36mi
804 W Adalee St Tampa, FL	3.0	2.0	1224	$3,000	$2.45	25d	1	0.50mi
901 W Chestnut St Tampa, FL	3.0	1.0–2.0	974	$4,746	$4.87	12d	14	0.52mi
207 E Oak Ave Unit 1 Tampa, FL	3.0	2.0	1367	$4,190	$3.07	25d	1	0.61mi
1731 W Saint Louis St Tampa, FL	3.0	2.0	1156	$2,195	$1.90	20d	1	0.64mi
1733 W Saint Louis St Tampa, FL	3.0	1.0	950	$1,815	$1.91	18d	1	0.65mi
1733 W Saint Louis St Tampa, FL	3.0	1.0	950	$1,830	$1.93	14d	1	0.65mi
919 W Plymouth St Tampa, FL	3.0	2.0	1176	$2,795	$2.38	5d	1	0.67mi
418 E Amelia Ave Unit A Tampa, FL	3.0	2.0	1050	$1,800	$1.71	25d	1	0.71mi
2701 N Fremont Ave Tampa, FL	3.0	1.5	1500	$2,100	$1.40	18d	1	0.71mi
1545 Spruce Ter Tampa, FL	3.0	1.0	944	$2,600	$2.75	0d	1	0.71mi
1904 W Saint Louis St Unit 1 Tampa, FL	4.0	2.0	1226	$2,250	$1.84	3d	1	0.74mi
307 W Woodlawn Ave Tampa, FL	4.0	3.0	1274	$3,095	$2.43	4d	1	0.74mi
1909 W Saint Conrad St Tampa, FL	3.0	1.0	963	$1,950	$2.02	3d	1	0.78mi
411 E Adalee St Tampa, FL	3.0	1.0	1200	$2,500	$2.08	25d	1	0.80mi
1914 W Aileen St Tampa, FL	3.0	1.0	1083	$2,450	$2.26	25d	1	0.80mi
1740 W Walnut St Tampa, FL	4.0	2.0	1360	$3,400	$2.50	18d	1	0.81mi
1002 W Arch St Tampa, FL	3.0	1.0	1152	$2,050	$1.78	3d	1	0.85mi
1936 W Cherry St Tampa, FL	3.0	1.0	902	$2,195	$2.43	25d	1	0.87mi
1907 W Spruce St Tampa, FL	3.0	1.0	955	$2,649	$2.77	25d	1	0.88mi
109 W Fortune St Tampa, FL	3.0	1.0–3.0	1021	$4,693	$4.59	0d	30	0.89mi
2111 N Albany Ave Tampa, FL	2.0–5.0	2.0–4.0	1670	$1,342	$0.80	24d	1	0.90mi
2825 N Taliaferro Ave Tampa, FL	4.0	2.0	1484	$3,500	$2.36	25d	1	0.92mi
1934 W Spruce St Tampa, FL	3.0	2.5	1498	$3,500	$2.34	5d	1	0.93mi
2116 W Pine St Tampa, FL	3.0	1.0	968	$2,000	$2.07	5d	1	0.97mi
1005 W Cypress St Tampa, FL	3.0	2.5	987	$4,495	$4.55	5d	1	0.97mi
3906 N Ola Ave Tampa, FL	3.0	2.0	1225	$2,575	$2.10	25d	1	0.99mi
300 W Tyler St Tampa, FL	3.0	1.0–2.0	1188	$6,900	$5.81	10d	54	1.07mi
2507 N Armenia Ave Tampa, FL	3.0	1.0	1200	$2,300	$1.92	25d	1	1.10mi
2424 W Tampa Bay Blvd Unit M201 Tampa, FL	3.0	2.0	1295	$2,200	$1.70	15d	1	1.10mi
2424 W Tampa Bay Blvd Tampa, FL	3.0	2.0	1295	$2,200	$1.70	13d	1	1.12mi
2424 W Tampa Bay Blvd Unit 1 Tampa, FL	3.0	2.0	1295	$2,395	$1.85	25d	1	1.12mi
1722 W Nassau St Tampa, FL	4.0	2.0	1400	$2,200	$1.57	22d	1	1.12mi

Listing history 15 events

1. 2026-05-15
   status Pending
2. 2026-05-13
   status Active
3. 2026-05-13
   listed $299,900 Active
4. 2005-09-19
   listed $179,900
5. 2004-08-26
   soldstatus $130,000 232-char remark

   Show marketing remark (232 chars)

   Historic Tampa Heights. 2BR/1.5BA Bungalow. Flawless renovation, wood floors, high ceilings, * * Adorable, new appliances, fixtureshigh ceilings! Ready to move in. Don't miss the opportunity to invest in this historic neighborhood!

6. 2004-07-06
   soldstatus $98,200
7. 2004-06-29
   soldstatus $98,170
8. 2004-05-04
   listed $122,900
9. 2004-04-18
   listed $135,500 232-char remark

   Show marketing remark (232 chars)

   Historic Tampa Heights. 2BR/1.5BA Bungalow. Flawless renovation, wood floors, high ceilings, * * Adorable, new appliances, fixtureshigh ceilings! Ready to move in. Don't miss the opportunity to invest in this historic neighborhood!

10. 2000-06-01
    soldstatus $83,000
11. 1998-02-18
    soldstatus $66,000
12. 1998-02-18
    soldstatus $66,000
13. 1997-09-15
    soldstatus $12,000
14. 1997-08-18
    soldstatus $8,000
15. 1997-07-08
    soldstatus $11,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $4,208 · $351/mo
• Projected year-2 tax: $4,208 · $351/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 26 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $41,151
• − Mortgage interest: −$16,799
• − Property taxes: −$4,208
• − Insurance: −$1,500
• − Repairs & maintenance: −$3,292
• − Management: −$3,292
• − Depreciation: −$8,724
• Taxable income: $3,335
• Est. tax owed @ 24.0%: −$800
• After-tax cash flow: $7,128/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hillsborough
• NCES district ID: 1200870
• Math proficiency: 47% ▼ -8.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $50,622
• Composite: 41.6/100
• National rank: #3435
• State rank: #41 of 73 in FL

Livability — Tampa

• Score: 79/100
• State rank: #142
• US rank: #2135

Category grades

Amenities B- Commute A+ Cost of living B Crime D+ Employment C Housing A+ Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tampa, FL
• County: Hillsborough County · 1,540,968 people
• City population: 523,346
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 21,452
• Household income: $97,320
• Rent vs Own: 72.9% rent · 27.1% own
• Severe rent burden: 1919.0

Population outlook (Hillsborough County) Hauer SSP2

• Today (2025): 1,607,022 people
• By 2030: 1,733,968 · +7.9%
• By 2040: 1,979,565 · +23.2%
• By 2050: 2,203,427 · +37.1%
• By 2075: 2,667,893 · +66.0%
• By 2100: 2,891,558 · +79.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 55% Hispanic / Latino 22% Two or more races 13% Black 13% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 6% Cuban 7%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 2%
• Foreign-born: 17% · Canada, Jamaica, China
• Languages at home: 73% English-only · Spanish 18% Other Indo-European 3% Russian/Polish/Slavic 1%

Political lean MEDSL · Hillsborough

• 2024 margin: Toss-up / Even · D 47.8% · R 50.9% · Other 1.3%
• 2008→2024 swing: -10.2pp toward R · 2008: 7.1pp · 2024: -3.1pp
• All cycles: 2024: R+3.1 2020: D+6.9 2016: D+6.8 2012: D+6.7 2008: D+7.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -178.90%
• Current HPI: 420.3367
• Rent YoY: ▼ -1.80%
• Metro: Tampa-St. Petersburg-Clearwater, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+2626.4% since first listed

15 events — show timeline

• 2026-05-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-13 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-13 Listed $299,900 Stellar MLS as Distributed by MLS Grid
• 2005-09-19 Listed $179,900 Stellar MLS as Distributed by MLS Grid
• 2004-08-26 Sold (MLS) $130,000 Stellar MLS as Distributed by MLS Grid
• 2004-07-06 Sold (Public Records) $98,200 Public Records
• 2004-06-29 Sold (MLS) $98,170 Stellar MLS as Distributed by MLS Grid
• 2004-05-04 Listed $122,900 Stellar MLS as Distributed by MLS Grid
• 2004-04-18 Listed $135,500 Stellar MLS as Distributed by MLS Grid
• 2000-06-01 Sold (Public Records) $83,000 Public Records
• 1998-02-18 Sold (Public Records) $66,000 Public Records
• 1998-02-18 Sold (Public Records) $66,000 Public Records
• 1997-09-15 Sold (Public Records) $12,000 Public Records
• 1997-08-18 Sold (Public Records) $8,000 Public Records
• 1997-07-08 Sold (Public Records) $11,000 Public Records

Property tax history

+11.3%/yr

Latest (2025): $4,208 · +11.9% YoY. Source: county tax records.