2415 Marconi St · Tampa, FL 33605

$235,000

3 bd · 2.0 ba · 1,254 sqft · SingleFamily public records · 128 Days on market

Built 1918 4,750 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 +29.3/30.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• 1% rule +7.8/10.0
• 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 MLS

Investor Special in Tampa! Welcome to 2415 Marconi St, an excellent opportunity for investors or cash buyers looking for their next renovation project. This property is being sold AS-IS and is priced accordingly for its condition and potential. The home is in need of updates and TLC, making it ideal for a value-add rehab or rental investment. The property does have central A/C, however the system is not currently operational and the unit will need to be replaced. Window units are also present. Cash only sale, no financing due to condition. Conveniently located in Tampa with access to major roads, downtown, and surrounding growth areas. Bring your vision and turn this into your next successful project. Serious investors only. Schedule your showing today!

Key facts

• Central a/c
• 4,750 sq ft lot
• Built 1918

Tags

• CENTRAL A/C
• ACCESS TO MAJOR ROADS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $400 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $235k).
• Recommended offer: $207k (12.0% below list) — sets the bar for market timing.

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 flat; 187 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 $3,015/mo this rent would consume 98% 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 $25k of equity ($2k loan paydown + $24k 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 $66k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$40k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 128 days — a 12% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $55k; list at $235k implies a 327% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1918 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $206,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 128 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1918 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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.
8. 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.
9. 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: 1.28% ✓
• Cap rate: 10.51%
• Cash-on-cash: 15.07%
• DSCR: 1.67
• GRM: 6.5

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: 28.5%
• Equity multiple: 3.23×
• Total profit: $146,550
• Equity at exit: $211,707

10-year hold

• IRR: 24.0%
• Equity multiple: 7.06×
• Total profit: $398,914
• Equity at exit: $456,553

Cash invested: $65,800 (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: 6.5×

Monthly cashflow live

• Estimated rent: $3,015 high
• Mortgage (P&I): −$1,232
• Tax from tax record: −$225 /mo · $2,700/yr
• Insurance: −$98
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$633
• Net cashflow: $400

Break-even live

Break-even rent $2,509

Max offer price $235,000

Occupancy floor 82%

Sensitivity live

Price	-10% $533	-5% $466	+0% $400	+5% $333	+10% $267
Rent	-10% $162	-5% $281	+0% $400	+5% $519	+10% $638
Rate	-1.0pp $518	-0.5pp $460	base $400	+0.5pp $339	+1.0pp $277

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: $58,750
• Closing costs: $7,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2610 Durham St Apt B Tampa, FL	2.0	1.0	1088	$1,250	$1.15	15d	1	0.09mi
2019 Corrine St Tampa, FL	2.0	1.0	900	$1,695	$1.88	25d	1	0.27mi
2401 Gordon St Unit 1271931P Tampa, FL	2.0	1.0	914	$2,820	$3.09	25d	1	0.36mi
2401 Gordon St Unit 1271941P Tampa, FL	2.0	1.0	914	$2,906	$3.18	5d	1	0.36mi
2409 E 2nd Ave Tampa, FL	2.0	1.0–2.0	882	$2,787	$3.16	0d	20	0.44mi
2204 Grant St Tampa, FL	3.0	3.0	1854	$2,995	$1.62	25d	1	0.47mi
2006 E 4th Ave Tampa, FL	2.0	2.0	1140	$2,000	$1.75	15d	1	0.66mi
2002 E 5th Ave Tampa, FL	2.0	2.0	1064	$1,795	$1.69	5d	1	0.71mi
1817 E 4th Ave Tampa, FL	2.0	1.0	900	$2,400	$2.67	5d	1	0.72mi
2312 E 8th Ave Tampa, FL	3.0	2.0	1420	$2,500	$1.76	12d	1	0.78mi
2312 E 9th Ave Tampa, FL	3.0	2.0	1008	$2,200	$2.18	25d	1	0.82mi
2312 E 10th Ave Tampa, FL	3.0	1.0	1520	$2,400	$1.58	18d	1	0.87mi
1298 E Madison St Tampa, FL	2.0	2.0	1135	$3,440	$3.03	0d	1	0.91mi
1227 E Madison St #902 Tampa, FL	2.0	2.0	1590	$3,500	$2.20	25d	1	0.93mi
111 N 12th St Tampa, FL	1.0–2.0	1.0–2.0	852	$3,250	$3.81	0d	1	0.96mi
2504 E 12th Ave Tampa, FL	3.0	2.0	1422	$2,500	$1.76	5d	1	0.97mi
3411 E 9th Ave Tampa, FL	4.0	1.0	1116	$1,700	$1.52	25d	1	0.98mi
601 N 12th St Tampa, FL	2.0	1.0–2.0	954	$4,679	$4.90	0d	18	0.98mi
599 N 12th St Tampa, FL	2.0	2.0	1087	$4,196	$3.86	0d	1	0.98mi
617 N 12th St Unit 1312555P Tampa, FL	2.0	1.0–2.0	995	$6,615	$6.65	4d	2	0.99mi
E 2nd Ave Tampa, FL	2.0	2.0	1108	$4,515	$4.07	25d	2	1.00mi
101 S 12th St #410 Tampa, FL	2.0	2.0	1631	$4,600	$2.82	22d	1	1.00mi
1212 E Whiting St Unit A Tampa, FL	2.0	2.0	1427	$6,500	$4.56	25d	1	1.01mi
1208 E Kennedy Blvd #616 Tampa, FL	2.0	1.0	1050	$2,600	$2.48	25d	1	1.01mi
1208 E Kennedy Blvd #515 Tampa, FL	2.0	1.0	1050	$2,850	$2.71	5d	1	1.01mi
1120 E Kennedy Blvd #1216 Tampa, FL	2.0	2.0	1599	$4,750	$2.97	25d	1	1.02mi
1120 E Kennedy Blvd #314 Tampa, FL	2.0	1.0	1050	$2,395	$2.28	16d	1	1.02mi
1120 E Kennedy Blvd #926 Tampa, FL	2.0	1.0	1050	$3,100	$2.95	25d	1	1.02mi
1120 E Kennedy Blvd #515 Tampa, FL	2.0	1.0	1050	$2,750	$2.62	25d	1	1.02mi
1120 E Twiggs St Tampa, FL	1.0–3.0	1.0–2.0	1134	$3,415	$3.01	0d	34	1.04mi
1190 E Washington St Tampa, FL	2.0	1.0–2.0	967	$3,346	$3.46	0d	10	1.04mi
101 N Meridian Ave Tampa, FL	2.0	1.0–2.5	935	$4,878	$5.21	0d	37	1.07mi
1209 E Cumberland Ave #2103 Tampa, FL	2.0	2.5	1338	$5,500	$4.11	18d	1	1.09mi
1209 E Cumberland Ave Tampa, FL	1.0–2.0	1.5–2.5	1317	$5,500	$4.17	22d	3	1.09mi
449 S 12th St Tampa, FL	2.0–3.0	2.5–3.0	1866	$7,200	$3.86	5d	4	1.10mi
2308 E 15th Ave Tampa, FL	3.0	1.0	936	$1,895	$2.02	15d	1	1.12mi
970 E Scott Dr Unit 3 Tampa, FL	3.0	3.0	1384	$3,810	$2.75	25d	1	1.17mi
2703 N 24th St Unit 1 Tampa, FL	3.0	3.0	1164	$2,295	$1.97	14d	1	1.18mi
2703 N 24th St Unit 1 Tampa, FL	3.0	3.0	1164	$2,295	$1.97	0d	1	1.18mi
1720 Nick Nuccio Pkwy Tampa, FL	3.0	1.0–3.0	955	$3,943	$4.13	25d	40	1.19mi

Listing history 17 events

1. 2026-06-18
   days on market $235,000 Active 128 DOM
2. 2026-06-17
   days on market $235,000 Active 127 DOM
3. 2026-06-16
   days on market $235,000 Active 126 DOM
4. 2026-06-15
   days on market $235,000 Active 125 DOM
5. 2026-06-13
   days on market $235,000 Active 123 DOM
6. 2026-06-13
   days on market $235,000 Active 122 DOM
7. 2026-06-09
   days on market $235,000 Active 119 DOM
8. 2026-06-08
   days on market $235,000 Active 118 DOM
9. 2026-06-07
   days on market $235,000 Active 117 DOM
10. 2026-06-04
    days on market $235,000 Active 114 DOM
11. 2026-06-03
    days on market $235,000 Active 113 DOM
12. 2026-06-02
    days on market $235,000 Active 112 DOM
13. 2026-06-01
    days on market $235,000 Active 111 DOM
14. 2026-05-31
    days on market $235,000 Active 110 DOM
15. 2026-02-10
    listed $235,000 Active 763-char remark

    Show marketing remark (763 chars)

    Investor Special in Tampa! Welcome to 2415 Marconi St, an excellent opportunity for investors or cash buyers looking for their next renovation project. This property is being sold AS-IS and is priced accordingly for its condition and potential. The home is in need of updates and TLC, making it ideal for a value-add rehab or rental investment. The property does have central A/C, however the system is not currently operational and the unit will need to be replaced. Window units are also present. Cash only sale, no financing due to condition. Conveniently located in Tampa with access to major roads, downtown, and surrounding growth areas. Bring your vision and turn this into your next successful project. Serious investors only. Schedule your showing today!

16. 2015-05-04
    soldstatus $55,000
17. 2007-06-14
    soldstatus $100,000

ⓘ 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: $2,700 · $225/mo
• Projected year-2 tax: $2,700 · $225/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 8/10 Severe FEMA zone AE · 97% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 28 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: $36,177
• − Mortgage interest: −$13,164
• − Property taxes: −$2,700
• − Insurance: −$6,294
• − Repairs & maintenance: −$2,894
• − Management: −$2,894
• − Depreciation: −$6,836
• Taxable income: $1,395
• Est. tax owed @ 24.0%: −$335
• After-tax cash flow: $4,463/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

+135.0% since first listed

3 events — show timeline

• 2026-02-10 Listed $235,000 Stellar MLS as Distributed by MLS Grid
• 2015-05-04 Sold (Public Records) $55,000 Public Records
• 2007-06-14 Sold (Public Records) $100,000 Public Records

Property tax history

+12.0%/yr

Latest (2025): $2,700 · +13.4% YoY. Source: county tax records.