702 E Ohio St · Plant City, FL 33563

$90,000

2 bd · 1.0 ba · 1,213 sqft · SingleFamily public records · 63 Days on market

Built 1986 5,000 sqft lot

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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
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for a deal? This 3-bedroom, 2-bath home in Plant City is priced to sell fast! With some TLC, this property could shine again. Featuring a spacious layout and plenty of potential. Opportunities like this don’t come around often at this price point—act quickly!

Key facts

• 5,000 sq ft lot
• Built 1986
• Listed 63 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $749 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $90k).
• Recommended offer: $85k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 76/100 on livability (#227 in FL, #3,587 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: employment C-, schools D+, commute F.
• 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 (-0.6%/yr); 183 active listings in the ZIP; 26 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).
• This rent runs 34% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $25k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($85k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $84,600 (6.0% below list)

Questions for the listing agent

1. It's been on market 63 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.87% ✓
• Cap rate: 16.28%
• Cash-on-cash: 35.66%
• DSCR: 2.59
• GRM: 4.4

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: 28.0%
• Equity multiple: 2.12×
• Total profit: $28,163
• Equity at exit: $13,419

10-year hold

• IRR: 33.7%
• Equity multiple: 3.65×
• Total profit: $66,832
• Equity at exit: $7,782

Cash invested: $25,200 (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 33563

• Home prices YoY: -23.2%
• Rents YoY: -0.6%
• Active inventory: 183
• Price-to-rent: 4.4×

Monthly cashflow live

• Estimated rent: $1,687 high
• Mortgage (P&I): −$472
• Tax from tax record: −$75 /mo · $896/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$354
• Net cashflow: $749

Break-even live

Break-even rent $739

Max offer price $90,000

Occupancy floor 51%

Sensitivity live

Price	-10% $800	-5% $774	+0% $749	+5% $723	+10% $698
Rent	-10% $615	-5% $682	+0% $749	+5% $815	+10% $882
Rate	-1.0pp $794	-0.5pp $772	base $749	+0.5pp $725	+1.0pp $702

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: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
113 S Collins St Apt 2 Plant City, FL	2.0	1.0	850	$1,400	$1.65	25d	1	0.31mi
1001 Jenkins St Unit A Plant City, FL	2.0	1.0	1000	$2,050	$2.05	25d	1	0.31mi
1304 E Ohio St Plant City, FL	3.0	2.0	1402	$2,200	$1.57	19d	1	0.38mi
1321 E Alabama St Plant City, FL	3.0	1.0	1008	$1,500	$1.49	25d	1	0.46mi
501 W Ball St Unit 609-02 Plant City, FL	2.0	1.0	780	$1,499	$1.92	4d	1	0.50mi
501 W Ball St Unit 705-13 Plant City, FL	2.0	1.0	780	$1,499	$1.92	23d	1	0.50mi
507 W Baker St Plant City, FL	2.0	1.0	1000	$1,199	$1.20	25d	1	0.61mi
809 1/2 W Warren St Plant City, FL	3.0	2.0	947	$1,650	$1.74	25d	1	0.67mi
305 W Grant St Plant City, FL	2.0–3.0	2.0	973	$1,450	$1.49	6d	2	0.68mi
105 N Davis St Unit 1 Plant City, FL	3.0	1.0	1300	$1,400	$1.08	25d	1	0.81mi
1004 N Gordon St Plant City, FL	3.0	2.0	1198	$1,750	$1.46	25d	1	0.86mi
111 Pearl St Plant City, FL	2.0	1.0	850	$1,500	$1.76	25d	1	0.87mi
1204 W Alsobrook St Plant City, FL	2.0	1.0	1218	$1,750	$1.44	25d	1	0.97mi
1005 N Bracewell Dr Plant City, FL	3.0	2.0	1428	$2,200	$1.54	25d	1	1.08mi
1408 Spencer Ct Apt A Plant City, FL	2.0	1.0	754	$1,200	$1.59	25d	1	1.16mi
603 N Dort St Unit 1106-E Plant City, FL	2.0	1.5	1100	$1,699	$1.54	25d	1	1.17mi
603 N Dort St Unit 609-A Plant City, FL	2.0	2.0	1200	$1,699	$1.42	12d	1	1.17mi
603 N Dort St Plant City, FL	1.0–2.0	1.0–2.0	975	$1,699	$1.74	3d	11	1.17mi
603 N Dort St Unit 1306-2B Plant City, FL	2.0	1.0	900	$1,449	$1.61	23d	1	1.17mi
603 N Dort St Unit 1106-H Plant City, FL	2.0	1.5	1100	$1,699	$1.54	16d	1	1.17mi
1309 N Franklin St Plant City, FL	2.0	2.0	1042	$1,750	$1.68	6d	1	1.25mi
2120 Village Park Rd Plant City, FL	1.0–3.0	1.0–2.0	1025	$1,568	$1.53	0d	14	1.28mi
1712 W House St Unit B Plant City, FL	2.0	1.0	1500	$1,200	$0.80	18d	1	1.43mi
1802 W House St Unit B Plant City, FL	2.0	1.0	800	$1,575	$1.97	0d	1	1.44mi
2302 Maki Rd Plant City, FL	2.0	1.5–2.0	1123	$1,522	$1.36	25d	3	1.46mi
2302 Maki Rd Plant City, FL	2.0	1.5	908	$1,550	$1.71	17d	2	1.46mi

Listing history 7 events

1. 2026-06-03
   status $90,000 Pending 63 DOM
2. 2026-06-02
   days on market $90,000 Active 63 DOM
3. 2026-06-01
   days on market $90,000 Active 62 DOM
4. 2026-05-31
   days on market $90,000 Active 61 DOM
5. 2026-04-05
   price $90,000 279-char remark

   Show marketing remark (279 chars)

   Looking for a deal? This 3-bedroom, 2-bath home in Plant City is priced to sell fast! With some TLC, this property could shine again. Featuring a spacious layout and plenty of potential. Opportunities like this don’t come around often at this price point—act quickly!

6. 2026-04-03
   price $75,000 279-char remark

   Show marketing remark (279 chars)

   Looking for a deal? This 3-bedroom, 2-bath home in Plant City is priced to sell fast! With some TLC, this property could shine again. Featuring a spacious layout and plenty of potential. Opportunities like this don’t come around often at this price point—act quickly!

7. 2026-03-31
   listed $59,999 Active 279-char remark

   Show marketing remark (279 chars)

   Looking for a deal? This 3-bedroom, 2-bath home in Plant City is priced to sell fast! With some TLC, this property could shine again. Featuring a spacious layout and plenty of potential. Opportunities like this don’t come around often at this price point—act quickly!

ⓘ 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: $896 · $75/mo
• Projected year-2 tax: $896 · $75/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 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,246
• − Mortgage interest: −$5,041
• − Property taxes: −$896
• − Insurance: −$450
• − Repairs & maintenance: −$1,620
• − Management: −$1,620
• − Depreciation: −$2,618
• Taxable income: $8,002
• Est. tax owed @ 24.0%: −$1,920
• After-tax cash flow: $7,065/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 — Plant City

• Score: 76/100
• State rank: #227
• US rank: #3587

Category grades

Amenities A+ Commute F Cost of living A+ Crime C+ Employment C- Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Plant City, FL
• County: Hillsborough County · 1,540,968 people
• City population: 68,525
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 25,896
• Household income: $60,131
• Rent vs Own: 36.9% rent · 63.1% own
• Severe rent burden: 932.0

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 0.64)
• Race & ethnicity: White 43% Hispanic / Latino 39% Black 15% Two or more races 15% Native American 2%
• Hispanic origin (detail): Mexican 24% Puerto Rican 5% Cuban 1%
• Common ancestry: Lithuanian 2% Italian 1% Slovak 1%
• Foreign-born: 16% · Canada, Jamaica
• Languages at home: 66% English-only · Spanish 34%

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: ▼ -103.29%
• Current HPI: 342.5789
• Rent YoY: ▼ -0.57%
• 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

+50.0% since first listed

3 events — show timeline

• 2026-04-05 Price Changed $90,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-03 Price Changed $75,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-31 Listed $59,999 Stellar MLS as Distributed by MLS Grid

Property tax history

+3.2%/yr

Latest (2025): $896 · +13.0% YoY. Source: county tax records.