3006 N 44th St · Tampa, FL 33605

$270,000

2 bd · 1.0 ba · 1,462 sqft · SingleFamily public records · 11 Days on market

Built 1960 6,825 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).

• Appreciation +10.0/10.0
• Cash flow +8.1/30.0
• 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
• DSCR +2.1/10.0
• 1% rule +1.9/10.0

Listing remarks

• Affordable single-family home opportunity in East Tampa submarket • Situated on a 6,825 SF lot (approx. 0.16 acres) offering yard space and potential improvements • Zoned RS-60 allowing for low-density residential use (single-family homeownership or rental) • Ideal for first-time homebuyers, investors, or rental portfolio expansion • Existing 2 bed / 1 bath home with approximately 1,426 heated SF • Located in an established residential neighborhood with ongoing area growth and redevelopment • Strong rental demand in the East Tampa market due to proximity to major employment centers • Convenient access to major roadways including E. Dr. Martin

Key facts

• Strong rental demand
• Zoned rs-60
• Yard space

Tags

• SINGLE FAMILY HOME OPPORTUNITY
• YARD SPACE
• ZONED RS-60
• STRONG RENTAL DEMAND
• CLOSE PROXIMITY TO SCHOOLS

Property features AI

Finance

• Other: Zoned RS-60; Property type: Residential — Single family residence
• HOA & community: No HOA/association

Exterior

• Utilities: Public water; Other sewer; Other utilities
• Home design: Single family residence; One-story; Faces west
• Construction: Concrete construction; Shingle roof; Concrete perimeter foundation; Built on a lot of about 0.16 acres
• Exterior features: Other exterior features; Paved road access; Lot dimensions approximately 65 x 105

Interior

• Bedrooms: 2 bedrooms
• Flooring: Tile flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Other heating; Central air conditioning
• Interior features: Other interior features
• Laundry & utility: Laundry: Other

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $270k.

Deal economics

• At list price, monthly cash flow is $-262 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $224k (17.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $187k (30.8% below list).
• Recommended offer: $187k (30.8% 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: 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: Oak Park Elementary School (math 42% / reading 25%, grade F, #1,758 of 2,144 statewide, top 83%, 354 students, 90% FRL); Greco Middle Magnet School (math 23% / reading 23%, grade F, #542 of 571 statewide, top 95%, 700 students, 77% FRL); Blake High School (math 24% / reading 45%, grade F, #386 of 667 statewide, top 59%, 1,537 students, 55% FRL) — zoned schools average 74% FRL vs 52% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 30% at this address vs 48% district-wide (-18 pts) — the specific schools serving this property underperform the Hillsborough average; the district grade overstates school quality for this exact location.
• Market conditions: Rents flat; 190 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 $1,869/mo this rent would consume 61% 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 $29k of equity ($2k loan paydown + $27k appreciation (10.0% local appreciation)).
• Hillsborough County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$46k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 21y ago 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.
• Current owner paid $115k; list at $270k implies a 135% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $186,890 (30.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
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: 0.69% ✗
• Cap rate: 5.13%
• Cash-on-cash: -4.16%
• DSCR: 0.81
• GRM: 12.0

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: 20.7%
• Equity multiple: 2.66×
• Total profit: $125,856
• Equity at exit: $243,237

10-year hold

• IRR: 18.3%
• Equity multiple: 5.97×
• Total profit: $375,504
• Equity at exit: $524,551

Cash invested: $75,600 (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: 190
• Price-to-rent: 12.0×

Monthly cashflow live

• Estimated rent: $1,869 high
• Mortgage (P&I): −$1,416
• Tax from tax record: −$210 /mo · $2,523/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$392
• Net cashflow: $-262

Break-even live

Break-even rent $2,201

Max offer price $223,682

Occupancy floor —

Sensitivity live

Price	-10% $-109	-5% $-186	+0% $-262	+5% $-339	+10% $-415
Rent	-10% $-410	-5% $-336	+0% $-262	+5% $-188	+10% $-115
Rate	-1.0pp $-126	-0.5pp $-194	base $-262	+0.5pp $-332	+1.0pp $-403

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: $67,500
• Closing costs: $8,100
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2925 N 46th St Unit B Tampa, FL	2.0	1.0	1120	$1,103	$0.98	26d	1	0.21mi
3212 N 50th St Unit B Tampa, FL	3.0	2.0	1005	$2,200	$2.19	16d	1	0.45mi
3417 Temple St Unit B Tampa, FL	3.0	2.0	975	$1,600	$1.64	26d	1	0.59mi
3517 Bishop Eddie Newkirk Way Tampa, FL	3.0	2.0	1200	$2,500	$2.08	26d	1	0.64mi
3511 Bishop Eddie Newkirk Way Tampa, FL	3.0	1.0	1056	$1,800	$1.70	12d	1	0.67mi
3511 Bishop Eddie Newkirk Way Tampa, FL	3.0	1.0	1056	$1,800	$1.70	26d	1	0.67mi
3507 E 29th Ave Tampa, FL	3.0	2.0	928	$1,700	$1.83	26d	1	0.78mi
3706 N 52nd St #1 Tampa, FL	3.0	2.5	1334	$2,500	$1.87	4d	1	0.84mi
3716 N 52nd St Tampa, FL	3.0	1.0	1152	$1,650	$1.43	26d	1	0.87mi
3716 N 52nd St Tampa, FL	3.0	1.0	1152	$1,650	$1.43	6d	1	0.87mi
3716 N 52nd St Tampa, FL	3.0	1.0	1152	$1,650	$1.43	12d	1	0.87mi
3420 N 55th St Unit B Tampa, FL	3.0	1.0	1095	$1,500	$1.37	26d	1	0.93mi
3611 N 54th St Unit 3 Tampa, FL	3.0	2.0	1126	$1,895	$1.68	4d	1	0.94mi
3705 E North Bay St Tampa, FL	3.0	2.0	969	$1,850	$1.91	5d	1	0.96mi
3724 E 38th Ave Tampa, FL	3.0	2.0	1188	$1,895	$1.60	26d	1	1.00mi
3107 Chipco St Tampa, FL	3.0	1.0	1268	$1,799	$1.42	26d	1	1.01mi
3101 E 18th Ave Tampa, FL	3.0	1.0	1050	$1,750	$1.67	5d	1	1.04mi
3716 N 31st St Tampa, FL	3.0	2.0	1200	$1,895	$1.58	6d	1	1.17mi
4811 E Curtis St Tampa, FL	1.0	1.0	891	$797	$0.89	26d	1	1.25mi
2610 E Lake Ave Tampa, FL	3.0	2.0	1698	$2,250	$1.33	4d	1	1.36mi
3002 E 38th Ave Tampa, FL	3.0	2.0	1413	$2,600	$1.84	26d	1	1.38mi
4303 N 30th St Tampa, FL	3.0	2.0	1260	$3,200	$2.54	3d	1	1.42mi
3910 E Ellicott St Tampa, FL	2.0	1.0	950	$1,800	$1.89	26d	1	1.42mi
4204 N 29th St Tampa, FL	3.0	1.0	957	$1,800	$1.88	26d	1	1.44mi
2504 E 12th Ave Tampa, FL	3.0	2.0	1422	$2,500	$1.76	6d	1	1.45mi
2703 N 24th St Unit 1 Tampa, FL	3.0	3.0	1164	$2,295	$1.97	1d	1	1.49mi
2703 N 24th St Unit 1 Tampa, FL	3.0	3.0	1164	$2,295	$1.97	15d	1	1.49mi
3413 E Louisiana Ave #2 Tampa, FL	3.0	2.5	1489	$2,500	$1.68	26d	1	1.50mi

Listing history 8 events

1. 2026-06-21
   days on market $270,000 Active 11 DOM
2. 2026-06-18
   days on market $270,000 Active 8 DOM
3. 2026-06-17
   days on market $270,000 Active 7 DOM
4. 2026-06-16
   days on market $270,000 Active 6 DOM
5. 2026-06-15
   days on market $270,000 Active 5 DOM
6. 2026-06-13
   days on market $270,000 Active 3 DOM
7. 2026-06-13
   remarks 659-char remark
8. 2026-06-13
   listed $270,000 Active 2 DOM

ⓘ 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: $2,523 · $210/mo
• Projected year-2 tax: $2,523 · $210/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 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°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: $22,427
• − Mortgage interest: −$15,124
• − Property taxes: −$2,523
• − Insurance: −$1,350
• − Repairs & maintenance: −$1,794
• − Management: −$1,794
• − Depreciation: −$7,855
• Taxable loss: −$8,013
• Est. tax savings @ 24.0%: +$1,923
• After-tax cash flow: $-1,223/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

+620.0% since first listed

11 events — show timeline

• 2026-06-10 Listed $270,000 Stellar MLS as Distributed by MLS Grid
• 2010-05-20 Listed $34,900 Stellar MLS as Distributed by MLS Grid
• 2010-05-18 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2008-06-09 Listed $80,000 Stellar MLS as Distributed by MLS Grid
• 2005-10-06 Sold (Public Records) $115,000 Public Records
• 2005-09-26 Sold (MLS) $115,000 Stellar MLS as Distributed by MLS Grid
• 2005-06-06 Listed $115,000 Stellar MLS as Distributed by MLS Grid
• 2005-06-01 Sold (Public Records) $82,200 Public Records
• 2005-05-26 Sold (MLS) $82,150 Stellar MLS as Distributed by MLS Grid
• 2005-04-29 Listed $80,000 Stellar MLS as Distributed by MLS Grid
• 1985-05-01 Sold (Public Records) $37,500 Public Records

Property tax history

+10.9%/yr

Latest (2025): $2,523 · +10.9% YoY. Source: county tax records.