10002 N 26th St · Tampa, FL 33612

$200,000

3 bd · 1.0 ba · 1,076 sqft · SingleFamily public records · 5 Days on market

Built 1959 6,740 sqft lot

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Why this score? — see what drove the D 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 +13.4/30.0
• ARV discount +7.5/15.0
• 1% rule +4.6/10.0
• Schools +4.2/10.0
• DSCR +4.0/10.0
• Livability +4.0/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Under contract-accepting backup offers. Sold As Is. Property is a good starter home for DYI'ers or investment property. Property needs a roof and other things . Three bedroom one bathroom floors and wood floor tile planks. Remodeling a few years ago. Tile floors are in good condition. Good corner lot close to the college, arena and Busch Gardens.

Key facts

• Investment property
• Close to arena
• Close to college

Tags

• INVESTMENT PROPERTY
• GOOD CORNER LOT
• CLOSE TO COLLEGE
• CLOSE TO ARENA
• CLOSE TO BUSCH GARDENS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $4 ($50/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $192k (3.9% below list).
• Recommended offer: $192k (3.9% below list) — sets the bar for 1% rule.

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: 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.
• Zoned schools: Dr Carter G Woodson K-8 School (math 19% / reading 26%, grade F, #2,073 of 2,144 statewide, top 97%, 1,023 students, 78% FRL); Dr Carter G Woodson K-8 School (math 19% / reading 26%, grade F, #2,073 of 2,144 statewide, top 97%, 1,023 students, 78% FRL); Wharton High School (math 33% / reading 42%, grade F, #336 of 667 statewide, top 51%, 2,289 students, 46% FRL) — zoned schools average 67% FRL vs 52% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 28% at this address vs 48% district-wide (-21 pts) — the specific schools serving this property underperform the Hillsborough average; the district grade overstates school quality for this exact location.
• Market conditions: Rents flat; 181 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• At $1,923/mo this rent would consume 49% of the median local household income ($47k/yr) (locally 4314% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 17y 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 $60k; list at $200k implies a 233% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $192,292 (3.9% below list)

Questions for the listing agent

1. Built in 1959 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. 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.
6. 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.
7. 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: 0.96% ✗
• Cap rate: 6.32%
• Cash-on-cash: 0.09%
• DSCR: 1.00
• GRM: 8.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.28% rent growth · sell at horizon

5-year hold

• IRR: -19.5%
• Equity multiple: 0.34×
• Total profit: $-37,156
• Equity at exit: $29,821

10-year hold

• IRR: -20.1%
• Equity multiple: 0.08×
• Total profit: $-51,474
• Equity at exit: $17,292

Cash invested: $56,000 (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 33612

• Rents YoY: 0.3%
• Active inventory: 181
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,923 high
• Mortgage (P&I): −$1,049
• Tax from tax record: −$383 /mo · $4,593/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$404
• Net cashflow: $4

Break-even live

Break-even rent $1,918

Max offer price $200,000

Occupancy floor 95%

Sensitivity live

Price	-10% $117	-5% $61	+0% $4	+5% $-52	+10% $-109
Rent	-10% $-148	-5% $-72	+0% $4	+5% $80	+10% $156
Rate	-1.0pp $105	-0.5pp $55	base $4	+0.5pp $-48	+1.0pp $-100

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2609 E 98th Ave Tampa, FL	3.0	1.5	1053	$2,100	$1.99	6d	1	0.15mi
2608 E 97th Ave Tampa, FL	3.0	1.0	1162	$1,800	$1.55	26d	1	0.16mi
10011 N 23rd St Tampa, FL	3.0	1.0	816	$1,650	$2.02	26d	1	0.17mi
2205 E 97th Ave Tampa, FL	4.0	2.0	1305	$1,850	$1.42	26d	1	0.25mi
2610 E Annie St Tampa, FL	3.0	1.0	1032	$1,745	$1.69	6d	1	0.26mi
2014 E Linebaugh Ave Tampa, FL	4.0	2.0	1370	$1,995	$1.46	26d	1	0.31mi
2911 E 97th Ave Tampa, FL	3.0	2.0	1432	$2,500	$1.75	5d	1	0.32mi
10619 N 26th St Tampa, FL	3.0	2.0	1453	$2,200	$1.51	26d	1	0.43mi
9313 N 20th St Tampa, FL	2.0	1.0	716	$1,595	$2.23	26d	1	0.51mi
9412 N Elmer St Tampa, FL	3.0	1.0	922	$1,695	$1.84	6d	1	0.64mi
8745 N 30th St Unit B Tampa, FL	2.0	1.5	940	$1,650	$1.76	21d	1	0.67mi
8731 N 30th St Tampa, FL	2.0	1.5	940	$1,650	$1.76	16d	4	0.68mi
10926 N 29th St Tampa, FL	3.0	2.0	1197	$4,000	$3.34	26d	1	0.69mi
2014 E Humphrey St Tampa, FL	3.0	1.0	880	$1,690	$1.92	12d	1	0.70mi
9301 N 16th St Tampa, FL	4.0	2.0	1401	$2,500	$1.78	26d	1	0.77mi
9606 N 15th St Tampa, FL	4.0	2.0	1000	$1,750	$1.75	26d	1	0.78mi
2800 E 113th Ave Tampa, FL	2.0	1.0	832	$1,075	$1.29	19d	1	0.80mi
3002 E Yukon St Tampa, FL	3.0	2.0	1125	$2,020	$1.80	26d	1	0.80mi
1502 E Sewaha St Tampa, FL	2.0	1.0	784	$1,350	$1.72	15d	1	0.81mi
2800 E 113th Ave Unit B2113 Tampa, FL	2.0	1.0	832	$1,075	$1.29	21d	1	0.82mi
2600 E 113th Ave Tampa, FL	1.0–2.0	1.0	755	$1,399	$1.85	1d	6	0.84mi
8618 N 20th St Tampa, FL	3.0	2.0	1064	$2,011	$1.89	6d	1	0.85mi
10420 McKinley Dr Tampa, FL	1.0–3.0	1.0–2.5	1347	$3,598	$2.67	0d	93	0.87mi
1506 E Humphrey St Apt B Tampa, FL	2.0	1.5	850	$1,750	$2.06	26d	1	0.91mi
1508 E Humphrey St Apt B Tampa, FL	2.0	1.5	850	$1,750	$2.06	26d	1	0.92mi
11603 N 22nd St Tampa, FL	2.0	1.0	900	$1,395	$1.55	26d	1	0.93mi
1504 E Humphrey St Apt D Tampa, FL	2.0	1.5	850	$1,750	$2.06	26d	1	0.93mi
1505 E Humphrey St Apt A Tampa, FL	2.0	1.5	850	$1,750	$2.06	26d	1	0.94mi
1206 E 99th Ave Unit B Tampa, FL	2.0	2.0	864	$1,550	$1.79	6d	1	0.94mi
1503 E Humphrey St Apt D Tampa, FL	2.0	1.5	850	$1,750	$2.06	26d	1	0.94mi
1502 E Humphrey St Apt C Tampa, FL	2.0	1.5	850	$1,750	$2.06	26d	1	0.95mi
1500 E Humphrey St Tampa, FL	2.0	1.5–2.0	858	$1,772	$2.07	26d	1	0.98mi
9808 N 12th St Unit C Tampa, FL	3.0	1.0	875	$1,800	$2.06	26d	1	1.01mi
8619 N Mulberry St Unit A Tampa, FL	2.0	1.0	742	$1,350	$1.82	26d	1	1.01mi
1703 E Wood St Tampa, FL	3.0	2.0	1224	$2,401	$1.96	1d	1	1.02mi
4109 E 99th Ave Tampa, FL	3.0	2.0	1154	$1,975	$1.71	26d	1	1.05mi
1202 E 108th Ave Tampa, FL	2.0	1.0	864	$1,299	$1.50	26d	1	1.06mi
10928 N Hyacinth Ave Tampa, FL	4.0	2.0	1162	$2,250	$1.94	26d	1	1.08mi
923 E Poinsettia Ave Unit A Tampa, FL	2.0	1.0	783	$1,195	$1.53	26d	1	1.10mi
9410 N 11th St Unit B Tampa, FL	2.0	1.0	1300	$1,995	$1.53	19d	1	1.11mi

Listing history 13 events

1. 2026-05-16
   status Pending 348-char remark

   Show marketing remark (348 chars)

   Under contract-accepting backup offers. Sold As Is. Property is a good starter home for DYI'ers or investment property. Property needs a roof and other things . Three bedroom one bathroom floors and wood floor tile planks. Remodeling a few years ago. Tile floors are in good condition. Good corner lot close to the college, arena and Busch Gardens.

2. 2026-05-13
   status Active 348-char remark

   Show marketing remark (348 chars)

   Under contract-accepting backup offers. Sold As Is. Property is a good starter home for DYI'ers or investment property. Property needs a roof and other things . Three bedroom one bathroom floors and wood floor tile planks. Remodeling a few years ago. Tile floors are in good condition. Good corner lot close to the college, arena and Busch Gardens.

3. 2026-01-17
   price $200,000 348-char remark

   Show marketing remark (348 chars)

   Under contract-accepting backup offers. Sold As Is. Property is a good starter home for DYI'ers or investment property. Property needs a roof and other things . Three bedroom one bathroom floors and wood floor tile planks. Remodeling a few years ago. Tile floors are in good condition. Good corner lot close to the college, arena and Busch Gardens.

4. 2026-01-08
   listed $195,000 Active 348-char remark

   Show marketing remark (348 chars)

   Under contract-accepting backup offers. Sold As Is. Property is a good starter home for DYI'ers or investment property. Property needs a roof and other things . Three bedroom one bathroom floors and wood floor tile planks. Remodeling a few years ago. Tile floors are in good condition. Good corner lot close to the college, arena and Busch Gardens.

5. 2012-03-27
   soldstatus $60,000
6. 2012-03-15
   soldstatus $60,000 367-char remark

   Show marketing remark (367 chars)

   BACK ON THE MARKET, Buyer couldn't get financed. Nice Spacious home with split floor plan, no repairs needed, ready to move in. Ceramic tile throughout the home with carpet in all 3 bedrooms. House is located on a corner lot with access to the garage on the southside of the lot. Custom made white wooden blinds in every window. The home comes with all the appliance.

7. 2011-12-26
   listed $64,900 367-char remark

   Show marketing remark (367 chars)

   BACK ON THE MARKET, Buyer couldn't get financed. Nice Spacious home with split floor plan, no repairs needed, ready to move in. Ceramic tile throughout the home with carpet in all 3 bedrooms. House is located on a corner lot with access to the garage on the southside of the lot. Custom made white wooden blinds in every window. The home comes with all the appliance.

8. 2011-06-27
   soldstatus $61,250
9. 2010-07-12
   historical
10. 2010-04-20
    listed $84,000
11. 2009-12-22
    historical
12. 2009-06-22
    listed $109,995
13. 1976-01-01
    soldstatus $18,500

ⓘ 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: $4,593 · $383/mo
• Projected year-2 tax: $4,593 · $383/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 ≥109°F today · 25 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 · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,075
• − Mortgage interest: −$11,203
• − Property taxes: −$4,593
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,846
• − Management: −$1,846
• − Depreciation: −$5,818
• Taxable loss: −$3,232
• Est. tax savings @ 24.0%: +$776
• After-tax cash flow: $826/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): 49,005
• Household income: $47,199
• Rent vs Own: 62.8% rent · 37.2% own
• Severe rent burden: 4314.0

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 40% Black 30% White 25% Two or more races 24% Asian 2%
• Hispanic origin (detail): Mexican 5% Puerto Rican 12% Cuban 8% Dominican 3%
• Common ancestry: Hispanic 2% Slovak 1% Romanian 1%
• Foreign-born: 22% · Canada, Jamaica, Vietnam
• Languages at home: 62% English-only · Spanish 33% French/Haitian/Cajun 2% Arabic 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: ▼ -311.62%
• Current HPI: 405.9834
• Rent YoY: ▲ 0.28%
• 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

+981.1% since first listed

13 events — show timeline

• 2026-05-16 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-13 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-01-17 Price Changed $200,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-08 Listed $195,000 Stellar MLS as Distributed by MLS Grid
• 2012-03-27 Sold (Public Records) $60,000 Public Records
• 2012-03-15 Sold (MLS) $60,000 Stellar MLS as Distributed by MLS Grid
• 2011-12-26 Listed $64,900 Stellar MLS as Distributed by MLS Grid
• 2011-06-27 Sold (Public Records) $61,250 Public Records
• 2010-07-12 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2010-04-20 Listed $84,000 Stellar MLS as Distributed by MLS Grid
• 2009-12-22 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2009-06-22 Listed $109,995 Stellar MLS as Distributed by MLS Grid
• 1976-01-01 Sold (Public Records) $18,500 Public Records

Property tax history

+13.4%/yr

Latest (2025): $4,593 · +6.6% YoY. Source: county tax records.