921 E 12th Ave · Tampa, FL 33605

$125,000

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

Built 1930 5,460 sqft lot

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Why this score? — see what drove the A- 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
• Schools +4.2/10.0
• Livability +4.0/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0

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.

Deal economics

• At list price, monthly cash flow is $931 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $125k).

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: Middleton High School (math 23% / reading 51%, grade F, #340 of 667 statewide, top 52%, 1,511 students, 57% FRL).
• Market conditions: Rents flat; 187 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• At $2,527/mo this rent would consume 82% of the median local household income ($37k/yr) (locally 1374% of renters already pay >50% of income on rent) — 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 1 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. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 2.02% ✓
• Cap rate: 15.23%
• Cash-on-cash: 31.92%
• DSCR: 2.42
• GRM: 4.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 47.0%
• Equity multiple: 4.47×
• Total profit: $121,527
• Equity at exit: $112,610

10-year hold

• IRR: 39.8%
• Equity multiple: 9.59×
• Total profit: $300,544
• 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 →

ZIP-level market 33605

• Home prices YoY: 3.7%
• Rents YoY: 0.6%
• Active inventory: 187
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $2,527 high
• Mortgage (P&I): −$656
• Tax from tax record: −$358 /mo · $4,292/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$531
• Net cashflow: $931

Break-even live

Break-even rent $1,348

Max offer price $125,000

Occupancy floor 58%

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
• 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	24d	1	0.09mi
1003 E Columbus Dr Tampa, FL	2.0	1.0	1160	$1,795	$1.55	1d	1	0.20mi
1221 E Columbus Dr Tampa, FL	2.0	1.0	1000	$1,499	$1.50	24d	1	0.32mi
1003 E 19th Ave Unit 1053143P Tampa, FL	4.0	3.0	1614	$4,674	$2.90	3d	1	0.33mi
1720 Nick Nuccio Pkwy Tampa, FL	3.0	1.0–3.0	955	$3,943	$4.13	24d	40	0.34mi
503 E Columbus Dr Unit 1 Tampa, FL	2.0	1.5	1000	$2,400	$2.40	24d	1	0.36mi
418 E Amelia Ave Unit A Tampa, FL	3.0	2.0	1050	$1,800	$1.71	24d	1	0.36mi
1620 Nuccio Pkwy Tampa, FL	2.0	1.0–2.0	770	$3,438	$4.46	1d	308	0.36mi
2825 N Taliaferro Ave Tampa, FL	4.0	2.0	1484	$3,500	$2.36	24d	1	0.38mi
912 E Saint Clair St Tampa, FL	2.0	1.0	1000	$1,900	$1.90	24d	1	0.44mi
310 E Frances Ave Unit C Tampa, FL	2.0	1.0	925	$500	$0.54	17d	1	0.45mi
1003 E 22nd Ave Tampa, FL	2.0	1.0	1062	$1,639	$1.54	4d	1	0.49mi
970 E Scott Dr Unit 3 Tampa, FL	3.0	3.0	1384	$3,810	$2.75	24d	1	0.50mi
1302 E 21st Ave Tampa, FL	1.0–2.0	1.0–2.0	800	$1,408	$1.76	4d	9	0.54mi
2907 N 15th St Unit D Tampa, FL	3.0	2.0	888	$1,850	$2.08	4d	1	0.57mi
E 2nd Ave Tampa, FL	2.0	2.0	1108	$4,515	$4.07	24d	2	0.57mi
207 E Oak Ave Unit 1 Tampa, FL	3.0	2.0	1367	$4,190	$3.07	24d	1	0.57mi
2810 N 16th St Tampa, FL	2.0	1.0	1066	$2,550	$2.39	12d	1	0.58mi
1703 N Florida Ave Unit 3 Tampa, FL	2.0	2.0	1041	$3,068	$2.95	24d	1	0.62mi
1701 N Florida Ave Tampa, FL	2.0	1.0–2.0	795	$3,714	$4.67	1d	50	0.62mi
515 E Adalee St Tampa, FL	3.0	2.0	1552	$2,650	$1.71	4d	1	0.62mi
1716 E Columbus Dr Unit A Tampa, FL	2.0	1.0	924	$1,800	$1.95	24d	1	0.67mi
1520 E 21st Ave Tampa, FL	3.0	2.0	1671	$2,350	$1.41	16d	1	0.67mi
1149 Hank Ballard St Unit 3 Tampa, FL	3.0	2.0	1303	$3,505	$2.69	24d	1	0.67mi
1152 Hank Ballard St Unit 12--3 Tampa, FL	2.0	2.0	1100	$2,595	$2.36	24d	1	0.67mi
916 E 25th Ave Tampa, FL	3.0	2.0	1525	$2,600	$1.70	10d	1	0.67mi
1150 Hank Ballard St Tampa, FL	1.0–3.0	1.0–2.0	1003	$3,925	$3.91	1d	70	0.67mi
411 E Adalee St Tampa, FL	3.0	1.0	1200	$2,500	$2.08	24d	1	0.68mi
1212 E 25th Ave Tampa, FL	2.0	1.0	1035	$1,490	$1.44	19d	1	0.69mi
1006 E 26th Ave Tampa, FL	2.0	1.0	1000	$1,630	$1.63	4d	1	0.72mi
1808 E Columbus Dr #5 Tampa, FL	2.0	2.5	1620	$1,900	$1.17	2d	1	0.72mi
3021 Sanchez St Tampa, FL	3.0	1.0	1300	$2,195	$1.69	24d	1	0.74mi
617 N 12th St Unit 1312555P Tampa, FL	2.0	1.0–2.0	995	$6,615	$6.65	3d	2	0.75mi
921 N Central Ave Tampa, FL	2.0	1.0–2.5	977	$3,899	$3.99	1d	16	0.76mi
2708 N 19th St Tampa, FL	3.0	2.0	1680	$2,200	$1.31	16d	1	0.77mi
1120 E Twiggs St Tampa, FL	1.0–3.0	1.0–2.0	1134	$3,455	$3.05	1d	29	0.78mi
601 N 12th St Tampa, FL	2.0	1.0–2.0	954	$4,996	$5.24	2d	22	0.80mi
1807 E 20th Ave Tampa, FL	3.0	2.0	1131	$2,900	$2.56	24d	1	0.80mi
3210 N 16th St Tampa, FL	4.0	2.0	1380	$1,875	$1.36	2d	1	0.80mi
3210 N 16th St Tampa, FL	4.0	2.0	1380	$1,995	$1.45	21d	1	0.80mi

Listing history 22 events

1. 2026-01-17
   status Pending
2. 2026-01-16
   listed $125,000 Active
3. 2026-01-16
   historical
4. 2025-12-28
   price $125,000
5. 2025-12-28
   status Active
6. 2025-12-08
   status Pending
7. 2025-10-24
   status Active
8. 2025-10-15
   status Pending
9. 2025-10-14
   listed $135,000 Active
10. 2025-09-12
    historical
11. 2025-09-10
    status Active
12. 2025-08-18
    status Pending
13. 2025-07-18
    status Active
14. 2025-07-05
    status Pending
15. 2025-06-16
    price $240,000
16. 2025-03-28
    status Active
17. 2025-03-28
    price $254,900
18. 2025-03-26
    status Pending
19. 2025-03-13
    listed $275,000 Active
20. 2024-04-08
    soldstatus $145,000
21. 2003-04-03
    soldstatus $25,000
22. 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: $30,323
• − Mortgage interest: −$7,002
• − Property taxes: −$4,292
• − Insurance: −$625
• − Repairs & maintenance: −$2,426
• − Management: −$2,426
• − Depreciation: −$3,636
• Taxable income: $9,916
• Est. tax owed @ 24.0%: −$2,380
• After-tax cash flow: $8,792/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): 16,030
• Household income: $36,975
• Rent vs Own: 59.8% rent · 40.2% own
• Severe rent burden: 1374.0

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 0.66)
• 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%

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

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.