921 E 12th Ave · Tampa, FL 33605

$125,000

3 bd · 1.0 ba · 1,350 sqft · SingleFamily public records · 9 Days on market

Built 1930 Poor condition 5,460 sqft lot $93/sqft · 60% below area

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Why this score? — see what drove the B+ 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Schools +3.7/10.0
• Rent growth +2.6/5.0
• Condition / age +1.0/5.0

Listing remarks

Awesome location and investment opportunity! Minutes from major airports, dining, shopping, Downtown Tampa and of course, Ybor City.

Key facts

• Major airports
• Ybor city
• Shopping

Tags

• INVESTMENT OPPORTUNITY
• MAJOR AIRPORTS
• DINING
• SHOPPING
• DOWNTOWN TAMPA
• YBOR CITY

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $832 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Cap rate 14.3% vs local median 2.8% in Tampa — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

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: Washington Elementary School (math 32% / reading 27%, grade F, #1,896 of 2,144 statewide, top 90%, 317 students, 78% FRL); Madison Middle School (math 43% / reading 46%, grade D, #320 of 571 statewide, top 57%, 563 students, 65% FRL); Middleton High School (math 23% / reading 51%, grade F, #340 of 667 statewide, top 52%, 1,511 students, 57% FRL).
• Market conditions: Rents flat; 231 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 38d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• At $2,402/mo this rent would consume 78% of the median local household income ($37k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $13k of equity ($864 loan paydown + $12k appreciation (10.0% local appreciation)).
• Hillsborough County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 0.6% rent growth), your $35k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 8 sale attempts 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.

Risks & watch-outs

• Watch-outs: property tax is 3.4% of price; built in 1930 — 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 $125,000

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Built in 1930 — 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: 1.92% ✓
• Cap rate: 14.28%
• Cash-on-cash: 28.54%
• DSCR: 2.27
• GRM: 4.3

CMA / ARV

• ARV (median comp): $312,298
• List price: $125,000
• Delta: -59.97%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2902 Sanchez St	0.55mi	3/2.0	1,260 (-7%)	0mo	$300,000	$238	59
2022 N 11th St	0.09mi	3/2.0	1,146 (-15%)	18mo	$405,000	$353	52
2904 N 16th St	0.60mi	3/2.0	1,204 (-11%)	1mo	$309,000	$257	49
2215 E 19th Ave	1.01mi	3/2.0	1,452 (+8%)	0mo	$380,000	$262	48
116 W Plymouth St	1.00mi	3/3.0	1,400 (+4%)	10mo	$735,000	$525	42
2923 Sanchez St	0.63mi	3/1.0	1,591 (+18%)	9mo	$169,000	$106	38
1014 E Lake Ave	0.97mi	3/2.0	1,200 (-11%)	8mo	$349,900	$292	36
410 W Amelia Ave	1.05mi	4/2.0 (+1)	1,101 (-18%)	2mo	$567,000	$515	29

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 0.58% rent growth · sell at horizon

5-year hold

• IRR: 44.3%
• Equity multiple: 4.30×
• Total profit: $115,549
• Equity at exit: $112,610

10-year hold

• IRR: 37.4%
• Equity multiple: 9.24×
• Total profit: $288,413
• Equity at exit: $242,848

Cash invested: $35,000 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 43 active · 28 under contract
• Months of supply: 86.0 mo (1%/mo absorbed)
• Median asking: $379,000 ($303/sqft)
• Median days on market: 62 d
• This list price: 2% of active listings are priced below it
• ARV vs active asking: -23.6% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 33605

• Home prices YoY: 3.7%
• Rents YoY: 0.6%
• Active inventory: 231
• Price-to-rent: 4.3×

Monthly cashflow live

• Estimated rent: $2,402 high
• Mortgage (P&I): −$656
• Tax from tax record: −$358 /mo · $4,292/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$504
• Net cashflow: $832

Break-even live

Break-even rent $1,348

Max offer price $125,000

Occupancy floor 60%

Sensitivity live

Price	-10% $903	-5% $868	+0% $832	+5% $797	+10% $762
Rent	-10% $643	-5% $738	+0% $832	+5% $927	+10% $1,022
Rate	-1.0pp $895	-0.5pp $864	base $832	+0.5pp $800	+1.0pp $767

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: $31,250
• Closing costs: $3,750
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
933 E 11th Ave Tampa, FL	2.0	1.0	904	$1,590	$1.76	73d	1	0.09mi
1003 E Columbus Dr Tampa, FL	2.0	1.0	1160	$1,795	$1.55	51d	1	0.20mi
1026 E 15th Ave Tampa, FL	3.0	1.0	1197	$1,900	$1.59	17d	1	0.23mi
1221 E Columbus Dr Tampa, FL	2.0	1.0	1000	$1,499	$1.50	73d	1	0.32mi
1003 E 19th Ave Unit 1053143P Tampa, FL	4.0	3.0	1614	$7,286	$4.51	25d	1	0.33mi
1211 1/2 E 17th Ave Tampa, FL	2.0	1.0	1300	$1,995	$1.53	16d	1	0.33mi
1211 E 17th Ave Unit 1/2 Tampa, FL	2.0	1.0	1300	$1,995	$1.53	34d	1	0.33mi
2204 N Central Ave #2 Tampa, FL	3.0	2.5	1846	$3,990	$2.16	21d	1	0.34mi
1720 Nick Nuccio Pkwy Tampa, FL	3.0	1.0–3.0	955	$3,943	$4.13	73d	40	0.34mi
1722 Nick Nuccio Pkwy Tampa, FL	2.0	2.0	1002	$3,151	$3.14	42d	1	0.35mi
503 E Columbus Dr Unit 1 Tampa, FL	2.0	1.5	1000	$2,400	$2.40	73d	1	0.36mi
418 E Amelia Ave Unit A Tampa, FL	3.0	2.0	1050	$1,600	$1.52	32d	1	0.36mi
1620 Nuccio Pkwy Tampa, FL	2.0	1.0–2.0	770	$3,466	$4.50	7d	241	0.36mi
2505 N Avenida Republica de Cuba Unit 2 Tampa, FL	3.0	2.0	1268	$2,123	$1.67	7d	1	0.37mi
2825 N Taliaferro Ave Tampa, FL	4.0	2.0	1484	$3,500	$2.36	73d	1	0.38mi
908 E 20th Ave Tampa, FL	4.0	2.0	1412	$3,000	$2.12	38d	1	0.40mi
912 E Saint Clair St Tampa, FL	2.0	1.0	1000	$1,900	$1.90	73d	1	0.44mi
310 E Frances Ave Unit C Tampa, FL	2.0	1.0	925	$500	$0.54	67d	1	0.45mi
1003 E 22nd Ave Tampa, FL	2.0	1.0	1062	$1,550	$1.46	38d	1	0.49mi
970 E Scott Dr Unit 3 Tampa, FL	2.0	2.0	1002	$3,152	$3.15	27d	1	0.50mi
1302 E 21st Ave Tampa, FL	1.0–2.0	1.0–2.0	800	$1,268	$1.58	21d	1	0.54mi
1017 E 23rd Ave Tampa, FL	3.0	1.0	1188	$1,950	$1.64	9d	1	0.55mi
1506 E 18th Ave Unit 1 Tampa, FL	2.0	1.0	1196	$1,745	$1.46	17d	1	0.55mi
2907 N 15th St Unit D Tampa, FL	3.0	2.0	988	$1,750	$1.77	37d	1	0.57mi
E 2nd Ave Tampa, FL	2.0	2.0	1108	$4,515	$4.07	73d	2	0.57mi
2904 Sanchez St Tampa, FL	3.0	2.0	1092	$2,250	$2.06	9d	1	0.57mi
207 E Oak Ave Unit 1 Tampa, FL	3.0	2.0	1367	$4,190	$3.07	73d	1	0.57mi
2810 N 16th St Tampa, FL	2.0	1.0	1066	$2,550	$2.39	61d	1	0.58mi
1520 N Pierce St Tampa, FL	3.0	4.0	1513	$3,800	$2.51	21d	1	0.61mi
1701 N Florida Ave Tampa, FL	2.0	1.0–2.0	795	$3,943	$4.96	7d	32	0.62mi
515 E Adalee St Tampa, FL	3.0	2.0	1552	$2,650	$1.71	54d	1	0.62mi
2916 N Jefferson St Tampa, FL	3.0	2.0	1680	$2,131	$1.27	29d	1	0.64mi
2812 N Morgan St Tampa, FL	3.0	2.0	1382	$2,800	$2.03	38d	1	0.64mi
1021 E 25th Ave Tampa, FL	4.0	2.0	1287	$3,200	$2.49	38d	1	0.65mi
1251 Ray Charles Blvd Tampa, FL	2.0	1.0–2.0	848	$2,632	$3.10	7d	18	0.66mi
1716 E Columbus Dr Unit A Tampa, FL	2.0	1.0	924	$1,800	$1.95	73d	1	0.67mi
1520 E 21st Ave Tampa, FL	3.0	2.0	1671	$2,350	$1.41	66d	1	0.67mi
1152 Hank Ballard St Tampa, FL	2.0	2.0	1130	$2,825	$2.50	7d	1	0.67mi
1149 Hank Ballard St Unit 3 Tampa, FL	3.0	2.0	1303	$3,870	$2.97	25d	1	0.67mi
1152 Hank Ballard St Unit 12--3 Tampa, FL	2.0	2.0	1100	$2,595	$2.36	73d	1	0.67mi

Listing history 30 events

1. 2026-07-10
   days on market $125,000 Active 9 DOM
2. 2026-07-09
   days on market $125,000 Active 8 DOM
3. 2026-07-07
   days on market $125,000 Active 6 DOM
4. 2026-07-06
   days on market $125,000 Active 5 DOM
5. 2026-07-06
   days on market $125,000 Active 4 DOM
6. 2026-07-05
   days on market $125,000 Active 3 DOM
7. 2026-07-03
   days on market $125,000 Active 2 DOM
8. 2026-07-02
   status $125,000 Active 1 DOM
9. 2026-01-17
   status Pending
10. 2026-01-16
    listed $125,000 Active
11. 2026-01-16
    historical
12. 2025-12-28
    price $125,000
13. 2025-12-28
    status Active
14. 2025-12-08
    status Pending
15. 2025-10-24
    status Active
16. 2025-10-15
    status Pending
17. 2025-10-14
    listed $135,000 Active
18. 2025-09-12
    historical
19. 2025-09-10
    status Active
20. 2025-08-18
    status Pending
21. 2025-07-18
    status Active
22. 2025-07-05
    status Pending
23. 2025-06-16
    price $240,000
24. 2025-03-28
    status Active
25. 2025-03-28
    price $254,900
26. 2025-03-26
    status Pending
27. 2025-03-13
    listed $275,000 Active
28. 2024-04-08
    soldstatus $145,000
29. 2003-04-03
    soldstatus $25,000
30. 1991-09-01
    soldstatus $25,000

ⓘ 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: $4,292 · $358/mo
• Projected year-2 tax: $4,292 · $358/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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°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 · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,827
• − Mortgage interest: −$7,002
• − Property taxes: −$4,292
• − Insurance: −$625
• − Repairs & maintenance: −$2,306
• − Management: −$2,306
• − Depreciation: −$3,636
• Taxable income: $8,659
• Est. tax owed @ 24.0%: −$2,078
• After-tax cash flow: $7,912/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.

Condition & rehab AI · 4 photos

Poor 20/100 Extensive rehab Est. rehab $67,500–$121,500 screening

This property requires extensive repairs and updates to become move-in ready. Immediate focus should be on exterior and interior repairs to improve its value and appeal.

Deferred maintenance Est. $50,000–$150,000 screening

• Major Roof (roof) — The roof appears to be in a state of disrepair, with visible damage and missing shingles.
• Major Windows (windows) — The windows are broken and missing, indicating a need for immediate replacement.
• Major Electrical (electrical) — The interior of the house is in a state of disrepair, with exposed wiring and missing fixtures.
• Major Plumbing (plumbing) — The exterior of the house shows signs of water damage, indicating potential plumbing issues.
• Major Exterior (exterior) — The exterior of the house is in a state of disrepair, with peeling paint and missing siding.

Repairs flagged

• Major exterior siding — Severe peeling and damage
• Major interior walls — Exposed framing and missing ceiling tiles
• Major flooring — Exposed subflooring

Value-add opportunities

• Both Landscaping and exterior repairs — Improves curb appeal and property value ↑
• Both Interior repairs and flooring — Restores functionality and enhances living space ↑
• Both Kitchen and bathroom updates — Modernizes the home and increases its marketability ↑

ⓘ Rehab cost is a screening estimate — Extensive scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 37/100

Zoned Schools

Elementary Washington Elementary School F FL #1,896/2,144 Nat'l #26,716/41,679 Middle Stewart Middle Magnet School D FL #310/571 Nat'l #4,622/14,009 High Middleton High School F FL #340/667 Nat'l #9,001/17,239

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

B Composite livability gradescore 79/100

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 · 1,607,022 people
• City population: 523,346
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 16,030
• Household income: $36,975
• Rent vs Own: 59.8% rent · 40.2% own
• Severe rent burden: 11% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: Black 48% Hispanic / Latino 28% Two or more races 18% White 17% Asian 1%
• Hispanic origin (detail): Mexican 6% Puerto Rican 8% Cuban 6% Dominican 1%
• Common ancestry: Hispanic 2% Romanian 1% Lithuanian 1%
• Foreign-born: 17% · Canada, Vietnam, Jamaica
• Languages at home: 72% English-only · Spanish 24% French/Haitian/Cajun 3% Other Asian/Pacific 1%

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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: ▲ 17.43%
• Current HPI: 494.1871
• Rent YoY: ▲ 0.58%
• Metro: Tampa-St. Petersburg-Clearwater, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

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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

+400.0% since first listed

22 events — show timeline

• 2026-01-17 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-01-16 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-01-16 Listed $125,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-28 Price Changed $125,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-28 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-12-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-10-24 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-10-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-10-14 Listed $135,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-12 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-09-10 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-08-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-07-18 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-07-05 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-06-16 Price Changed $240,000 Stellar MLS as Distributed by MLS Grid
• 2025-03-28 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-03-28 Price Changed $254,900 Stellar MLS as Distributed by MLS Grid
• 2025-03-26 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-03-13 Listed $275,000 Stellar MLS as Distributed by MLS Grid
• 2024-04-08 Sold (Public Records) $145,000 Public Records
• 2003-04-03 Sold (Public Records) $25,000 Public Records
• 1991-09-01 Sold (Public Records) $25,000 Public Records

Property tax history

+18.1%/yr

Latest (2025): $4,292 · +4.0% YoY. Source: county tax records.