8412 N Seminole Ave · Tampa, FL 33604

$124,900

2 bd · 1.0 ba · 736 sqft · SingleFamily public records · 40 Days on market

Built 1936 5,500 sqft lot

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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 +20.1/30.0
• ARV discount +7.5/15.0
• 1% rule +6.6/10.0
• DSCR +6.4/10.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This home offers an open floor plan with 2 bedrooms and 1 bath. The home also features bamboo flooring throughout the living room, kitchen and back room. The back room is conveniently located behind the kitchen and can be utilized as a utility/laundry/work room with two doors that allow access to the fenced backyard. This home is conveniently located to many attractions such as Busch Gardens, Adventure Land, Lowry Park Zoo and the Sulphur Springs Water Tower Park.

Key facts

• Open floor plan
• Granite countertops
• 5,500 sq ft lot

Tags

• OPEN FLOOR PLAN
• WHITE WOOD LAMINATED CABINETS
• GRANITE COUNTERTOPS
• STAINLESS STEEL RANGE
• STAINLESS STEEL DISHWASHER
• STAINLESS STEEL REFRIGERATOR

Property features AI

Finance

• Other: Residential zoning (RS-50); Property type: Residential — Single Family Residence; Total living area 897 square feet
• Financial info: No additional financial details provided
• HOA & community: No HOA; Pets allowed: Cats and dogs

Exterior

• Parking: No parking details provided
• Security: No security details provided
• Utilities: Public water; Public sewer; Electricity connected
• Home design: Single-family residence; One story; Faces east
• Construction: Frame construction; Shingle roof; Crawlspace foundation; Built on a 0.13-acre lot
• Exterior features: Other exterior features; Asphalt road surface

Interior

• Kitchen: Appliances: Other
• Bedrooms: 2 bedrooms
• Flooring: Other flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Kitchen/family room combo
• Laundry & utility: Inside laundry

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $155 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $121k (3.0% below list) — sets the bar for market timing.

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 flat; 368 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k 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

• It's been on market 40 days — a 3% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 8y 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 $20k; list at $125k implies a 509% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.7% of price; built in 1936 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $121,153 (3.0% below list)

Questions for the listing agent

1. It's been on market 40 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1936 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 1.16% ✓
• Cap rate: 7.78%
• Cash-on-cash: 5.32%
• DSCR: 1.24
• GRM: 7.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.52% rent growth · sell at horizon

5-year hold

• IRR: -11.2%
• Equity multiple: 0.61×
• Total profit: $-13,799
• Equity at exit: $18,623

10-year hold

• IRR: -6.5%
• Equity multiple: 0.64×
• Total profit: $-12,688
• Equity at exit: $10,799

Cash invested: $34,972 (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 33604

• Home prices YoY: -31.3%
• Rents YoY: 0.5%
• Active inventory: 368
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,451 high
• Mortgage (P&I): −$655
• Tax from tax record: −$284 /mo · $3,409/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$305
• Net cashflow: $155

Break-even live

Break-even rent $1,255

Max offer price $124,900

Occupancy floor 84%

Sensitivity live

Price	-10% $226	-5% $190	+0% $155	+5% $120	+10% $84
Rent	-10% $40	-5% $98	+0% $155	+5% $212	+10% $270
Rate	-1.0pp $218	-0.5pp $187	base $155	+0.5pp $123	+1.0pp $90

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9013 Westchester Cir Unit E Tampa, FL	1.0	1.0	525	$1,197	$2.28	25d	1	0.30mi
9015 Westchester Cir #39 Tampa, FL	1.0	1.0	525	$1,100	$2.10	25d	1	0.30mi
8724 N Tampa St Unit 210 Tampa, FL	1.0	1.0	470	$1,050	$2.23	5d	1	0.40mi
708 E Hollywood St Unit 714-6 Tampa, FL	1.0	1.0	750	$1,495	$1.99	18d	1	0.46mi
708 E Hollywood St Unit 708-1 Tampa, FL	1.0	1.0	675	$1,400	$2.07	14d	1	0.46mi
708 E Hollywood St Tampa, FL	1.0	1.0	675	$1,400	$2.07	5d	1	0.46mi
714 E Hollywood St Tampa, FL	1.0	1.0	750	$1,495	$1.99	18d	1	0.48mi
703 E Hanlon St Tampa, FL	2.0	1.0	500	$1,500	$3.00	20d	1	0.51mi
7717 N Huntley Ave Tampa, FL	2.0	1.0	692	$1,425	$2.06	4d	1	0.53mi
8118 N Alaska St Tampa, FL	2.0	1.0	700	$1,500	$2.14	3d	1	0.54mi
7707 N Huntley Ave Tampa, FL	2.0	1.0	510	$1,325	$2.60	4d	1	0.56mi
7707 N Huntley Ave Tampa, FL	2.0	1.0	510	$1,325	$2.60	21d	1	0.56mi
7707 N Huntley Ave Unit 7707-3 Tampa, FL	2.0	1.0	510	$1,325	$2.60	15d	1	0.56mi
7707 N Huntley Ave Unit 7707-5 Tampa, FL	2.0	1.0	655	$1,325	$2.02	25d	1	0.56mi
724 E Patterson St Tampa, FL	1.0	1.0	450	$1,300	$2.89	0d	1	0.63mi
2506 Noth Rocky Point Dr Unit 457 Tampa,, FL	1.0	1.0	560	$2,400	$4.29	25d	1	0.66mi
8907 N Boulevard Tampa, FL	2.0	1.0	624	$2,550	$4.09	25d	1	0.74mi
8105 N Klondyke St Unit A- Tampa, FL	2.0	1.0	720	$1,200	$1.67	3d	1	0.76mi
7301 N Dixon Ave Unit B Tampa, FL	1.0	1.0	700	$1,400	$2.00	2d	1	0.78mi
7903 N 13th St Tampa, FL	2.0	1.0	648	$1,199	$1.85	5d	1	0.80mi
8619 N Mulberry St Unit A Tampa, FL	2.0	1.0	742	$1,350	$1.82	25d	1	0.88mi
925 E Castle North Ct Unit A Tampa, FL	2.0	1.0	700	$1,550	$2.21	0d	1	0.91mi
9610 N 12th St Unit B Tampa, FL	1.0	1.0	540	$1,050	$1.94	0d	1	0.96mi
905 E Crawford St Tampa, FL	1.0	1.0	588	$1,600	$2.72	25d	1	0.96mi
10005 N Arden Ave Unit A Tampa, FL	1.0	1.0	440	$1,200	$2.73	0d	1	1.02mi
9413 N Mulberry St Apt A Tampa, FL	2.0	1.0	692	$1,200	$1.73	5d	1	1.06mi
1601 E Marks Dr Tampa, FL	2.0	1.0	700	$1,490	$2.13	25d	1	1.08mi
900 E Sligh Ave Tampa, FL	2.0	1.0–2.0	888	$2,630	$2.96	0d	35	1.13mi
1726 E Idell St Unit B Tampa, FL	1.0	1.0	702	$1,400	$1.99	5d	1	1.17mi
1405 W Rambla St Tampa, FL	1.0	1.0	480	$1,000	$2.08	25d	1	1.20mi
6712 N Harer St Unit 2 Tampa, FL	2.0	1.0	720	$1,425	$1.98	5d	1	1.20mi
6712 N Harer St Tampa, FL	2.0	1.0	720	$1,525	$2.12	25d	1	1.20mi
6712 N Harer St Unit 2 Tampa, FL	2.0	1.0	720	$1,425	$1.98	0d	1	1.20mi
10022 N Lantana Ave Unit A Tampa, FL	1.0	1.0	420	$1,250	$2.98	2d	1	1.23mi
305 E Diana St Tampa, FL	1.0	1.0	500	$1,450	$2.90	25d	1	1.32mi
1009 E Holland Ave Tampa, FL	2.0	1.0	712	$1,349	$1.89	25d	1	1.34mi
1909 E Crenshaw St Unit Crenshaw B Tampa, FL	1.0	1.0	750	$1,600	$2.13	25d	1	1.37mi
9313 N 20th St Tampa, FL	2.0	1.0	716	$1,595	$2.23	25d	1	1.38mi
128 W North St Tampa, FL	2.0	1.0	610	$1,743	$2.86	5d	1	1.45mi
906 E 108th Ave Tampa, FL	1.0	1.0	456	$1,350	$2.96	25d	1	1.48mi

Listing history 26 events

1. 2026-06-07
   statusdays on market $124,900 Pending 40 DOM
2. 2026-06-04
   days on market $124,900 Active 38 DOM
3. 2026-06-03
   days on market $124,900 Active 37 DOM
4. 2026-06-02
   days on market $124,900 Active 36 DOM
5. 2026-06-01
   days on market $124,900 Active 35 DOM
6. 2026-05-31
   days on market $124,900 Active 34 DOM
7. 2026-05-28
   listed $124,900 Active
8. 2026-03-18
   price $225,000
9. 2026-02-22
   listed $259,000 Active
10. 2025-09-09
    listed $5,000 Active
11. 2018-08-07
    status Pending
12. 2018-08-04
    historical
13. 2018-08-01
    price $127,900
14. 2018-07-10
    price $129,900
15. 2018-07-10
    status Active
16. 2018-06-15
    status Pending
17. 2018-06-07
    status Active
18. 2018-06-04
    status Pending
19. 2018-05-27
    listed $134,900 Active
20. 2018-05-23
    historical
21. 2018-05-15
    price $139,900
22. 2018-05-11
    price $144,500
23. 2018-04-21
    price $144,900
24. 2018-03-27
    price $149,900
25. 2018-03-06
    listed $159,900 Active
26. 1992-04-01
    soldstatus $20,500

ⓘ 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: $3,409 · $284/mo
• Projected year-2 tax: $3,409 · $284/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 ≥108°F today · 27 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: $17,409
• − Mortgage interest: −$6,996
• − Property taxes: −$3,409
• − Insurance: −$624
• − Repairs & maintenance: −$1,393
• − Management: −$1,393
• − Depreciation: −$3,633
• Taxable loss: −$39
• Est. tax savings @ 24.0%: +$9
• After-tax cash flow: $1,870/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): 40,055
• Household income: $58,766
• Rent vs Own: 44.0% rent · 56.0% own
• Severe rent burden: 2581.0

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 0.69)
• Race & ethnicity: Hispanic / Latino 38% White 35% Two or more races 22% Black 21% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 11% Cuban 13% Dominican 2%
• Common ancestry: Romanian 3% Lithuanian 2% Slovak 1%
• Foreign-born: 18% · Canada, Vietnam, Jamaica
• Languages at home: 66% English-only · Spanish 30% Vietnamese 1% French/Haitian/Cajun 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: ▼ -200.24%
• Current HPI: 439.7084
• Rent YoY: ▲ 0.52%
• 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

+509.3% since first listed

20 events — show timeline

• 2026-05-28 Listed $124,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-18 Price Changed $225,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-22 Listed $259,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-09 Listed $5,000 NFMLS
• 2018-08-07 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-08-04 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2018-08-01 Price Changed $127,900 Stellar MLS as Distributed by MLS Grid
• 2018-07-10 Price Changed $129,900 Stellar MLS as Distributed by MLS Grid
• 2018-07-10 Relisted — Stellar MLS as Distributed by MLS Grid
• 2018-06-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-06-07 Relisted — Stellar MLS as Distributed by MLS Grid
• 2018-06-04 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-05-27 Listed $134,900 Stellar MLS as Distributed by MLS Grid
• 2018-05-23 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2018-05-15 Price Changed $139,900 Stellar MLS as Distributed by MLS Grid
• 2018-05-11 Price Changed $144,500 Stellar MLS as Distributed by MLS Grid
• 2018-04-21 Price Changed $144,900 Stellar MLS as Distributed by MLS Grid
• 2018-03-27 Price Changed $149,900 Stellar MLS as Distributed by MLS Grid
• 2018-03-06 Listed $159,900 Stellar MLS as Distributed by MLS Grid
• 1992-04-01 Sold (Public Records) $20,500 Public Records

Property tax history

+14.1%/yr

Latest (2025): $3,409 · +10.8% YoY. Source: county tax records.