212 S Bradford Ave · Tampa, FL 33609

$575,000

4 bd · 3.0 ba · 2,078 sqft · SingleFamily public records · 6 Days on market

Built 1947 8,280 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 +14.0/30.0
• ARV discount +7.5/15.0
• DSCR +4.3/10.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• 1% rule +2.9/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. Builders! Investors! South Tampa 4br/3ba home on a 60 x 138' ft Lot. No tree issues. No rear neighbor directly in the back. Sold As Is, Cash Only. Spacious 4 bedroom home with original hardwood floors, huge living room, dining area off the kitchen. Spacious eat-in kitchen with tons of cabinets, 2 sinks, double ovens. Large family room in the back with french doors leading out to the big backyard. Huge Shed. Carport. No rear neighbor directly in the back. School district: Mitchell Elem, Wilson Middle & Plant High. Close to Hyde Park, Downtown, Midtown, & more!

Key facts

• Huge living room
• Tons of cabinets
• Double ovens

Tags

• ORIGINAL HARDWOOD FLOORS
• HUGE LIVING ROOM
• DINING AREA OFF THE KITCHEN
• SPACIOUS EAT-IN KITCHEN
• TONS OF CABINETS
• DOUBLE OVENS

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $575k.

Deal economics

• At list price, monthly cash flow is $76 ($913/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 $452k (21.4% below list).
• Recommended offer: $452k (21.4% 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: 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 (-0.5%/yr); 253 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); high-income renter base; 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).
• At $4,517/mo this rent would consume 47% of the median local household income ($116k/yr) (locally 661% 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 $4k of loan paydown is wiped out by about $17k 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 6 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $73k; list at $575k implies a 688% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $451,735 (21.4% below list)

Questions for the listing agent

1. Built in 1947 — 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: 0.79% ✗
• Cap rate: 6.45%
• Cash-on-cash: 0.57%
• DSCR: 1.03
• GRM: 10.6

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: -18.5%
• Equity multiple: 0.37×
• Total profit: $-101,795
• Equity at exit: $85,734

10-year hold

• IRR: -17.3%
• Equity multiple: 0.16×
• Total profit: $-134,488
• Equity at exit: $49,715

Cash invested: $161,000 (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 33609

• Rents YoY: -0.5%
• Active inventory: 253
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $4,517 high
• Mortgage (P&I): −$3,015
• Tax from tax record: −$238 /mo · $2,852/yr
• Insurance: −$240
• HOA: −$0
• Vacancy / Maint / Mgmt: −$949
• Net cashflow: $76

Break-even live

Break-even rent $4,421

Max offer price $575,000

Occupancy floor 93%

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: $143,750
• Closing costs: $17,250
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3126 W Azeele St #1 Tampa, FL	4.0	3.5	2262	$4,750	$2.10	5d	1	0.09mi
3120 W Azeele St Tampa, FL	4.0	4.0	2274	$5,500	$2.42	3d	1	0.09mi
3120 W Azeele St #1 Tampa, FL	4.0	3.5	2274	$5,500	$2.42	16d	1	0.12mi
3227 W Horatio St Tampa, FL	3.0	4.0	2022	$4,500	$2.23	5d	1	0.15mi
210 S New Jersey Ave Unit A Tampa, FL	3.0	2.5	1888	$3,600	$1.91	24d	1	0.25mi
606 S Lincoln Ave #3 Tampa, FL	4.0	2.5	2564	$5,000	$1.95	5d	1	0.27mi
3015 W North B St Tampa, FL	3.0	2.0	1469	$3,495	$2.38	5d	1	0.41mi
2706 W Horatio St Tampa, FL	3.0	2.5	2116	$4,400	$2.08	18d	1	0.47mi
3005 W Gray St Tampa, FL	3.0	2.0	1428	$3,860	$2.70	24d	1	0.53mi
3301 W Morrison Ave Tampa, FL	3.0	4.0	2580	$8,900	$3.45	5d	1	0.55mi
2601 W Cleveland St Tampa, FL	3.0	1.0	1551	$3,100	$2.00	24d	1	0.56mi
204 S Audubon Ave Tampa, FL	4.0	3.0	2300	$6,250	$2.72	3d	1	0.56mi
204 S Audubon Ave Unit NA Tampa, FL	4.0	3.0	2300	$6,250	$2.72	24d	1	0.56mi
115 N Arrawana Ave #7 Tampa, FL	3.0	2.5	1677	$4,200	$2.50	14d	1	0.58mi
115 N Arrawana Ave #7 Tampa, FL	3.0	2.5	1671	$4,200	$2.51	24d	1	0.58mi
2506 W Cleveland St #9 Tampa, FL	3.0	3.5	2314	$5,500	$2.38	24d	1	0.63mi
3803 W Cleveland St Tampa, FL	3.0	3.5	1818	$4,500	$2.48	3d	1	0.67mi
727 N Himes Ave Tampa, FL	3.0	2.5	1778	$3,500	$1.97	24d	1	0.68mi
207 S Moody Ave Unit B Tampa, FL	3.0	2.5	2160	$5,500	$2.55	14d	1	0.72mi
2411 W Fig St #1 Tampa, FL	3.0	2.5	1914	$3,650	$1.91	2d	1	0.73mi
2411 W Fig St #1 Tampa, FL	3.0	2.5	1914	$3,650	$1.91	11d	1	0.73mi
2403 W North B St #2 Tampa, FL	3.0	2.5	1983	$4,200	$2.12	14d	1	0.74mi
409 S Westland Ave #3 Tampa, FL	3.0	2.5	1710	$3,650	$2.13	20d	1	0.85mi
3421 W Arch St Tampa, FL	3.0	3.5	1547	$3,899	$2.52	5d	1	0.92mi
3418 W La Salle St Unit 3 Tampa, FL	4.0	3.5	2110	$4,995	$2.37	24d	1	0.93mi
2007 W De Leon St Unit A Tampa, FL	3.0	3.0	1504	$3,795	$2.52	24d	1	0.96mi
2208 Soho Bay Ct Tampa, FL	3.0	2.5	1605	$3,950	$2.46	18d	1	0.98mi
2113 W Cass St #2 Tampa, FL	3.0	2.5	1995	$3,995	$2.00	24d	1	1.02mi
4108 W Azeele St Tampa, FL	4.0	2.0	2525	$4,995	$1.98	11d	1	1.03mi
4120 W North A St Unit 60 Tampa, FL	4.0	3.5	2038	$4,949	$2.43	24d	1	1.10mi
107 S Packwood Ave Unit D Tampa, FL	3.0	2.5	1674	$3,600	$2.15	24d	1	1.10mi
1903 W Bristol Ave #2 Tampa, FL	3.0	2.0	1564	$4,900	$3.13	3d	1	1.11mi
2416 W Chicago Ave Tampa, FL	3.0	2.5	1511	$4,400	$2.91	18d	1	1.15mi
1039 S Frankland Rd Tampa, FL	3.0	2.0	1552	$3,300	$2.13	18d	1	1.18mi
3007 W Chestnut St Tampa, FL	3.0	1.0	1608	$2,000	$1.24	18d	1	1.20mi
1412 S Moody Ave Unit A Tampa, FL	4.0	4.5	2850	$8,900	$3.12	24d	1	1.20mi
4016 W Nassau St Tampa, FL	4.0	2.0	2156	$3,000	$1.39	18d	1	1.21mi
2907 W Chestnut St Tampa, FL	3.0	2.5	1780	$2,650	$1.49	5d	1	1.23mi
2907 W Chestnut St Tampa, FL	3.0	3.0	1780	$2,650	$1.49	14d	1	1.23mi
4200 W Beachway Dr Tampa, FL	4.0	3.0	2352	$6,950	$2.95	5d	1	1.25mi

Listing history 3 events

1. 2026-04-06
   status Pending
2. 2026-03-31
   listed $575,000 Active
3. 1997-04-04
   soldstatus $73,000

ⓘ 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: $2,852 · $238/mo
• Projected year-2 tax: $4,772 · $398/mo
• Expected delta: +$1,920/yr (+$160/mo · 67.3%)

ⓘ 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 · 28 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $54,208
• − Mortgage interest: −$32,209
• − Property taxes: −$2,852
• − Insurance: −$2,875
• − Repairs & maintenance: −$4,337
• − Management: −$4,337
• − Depreciation: −$16,727
• Taxable loss: −$9,128
• Est. tax savings @ 24.0%: +$2,191
• After-tax cash flow: $3,104/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): 18,535
• Household income: $115,844
• Rent vs Own: 35.3% rent · 64.7% own
• Severe rent burden: 661.0

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: Majority White (63%)
• Race & ethnicity: White 63% Hispanic / Latino 26% Two or more races 14% Asian 5% Black 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Cuban 8%
• Common ancestry: Slovak 3% Lithuanian 2% Romanian 2%
• Foreign-born: 17% · Canada, China, Jamaica
• Languages at home: 77% English-only · Spanish 17% Other Indo-European 2% Chinese 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: ▼ -317.85%
• Current HPI: 372.5939
• Rent YoY: ▼ -0.49%
• 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

+687.7% since first listed

3 events — show timeline

• 2026-04-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-31 Listed $575,000 Stellar MLS as Distributed by MLS Grid
• 1997-04-04 Sold (Public Records) $73,000 Public Records

Property tax history

+2.4%/yr

Latest (2025): $2,852 · +8.0% YoY. Source: county tax records.