8713 N 39th St · Tampa, FL 33604

$149,900

2 bd · 1.0 ba · 624 sqft · SingleFamily public records · 7 Days on market

Built 1960 5,650 sqft lot

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Why this score? — see what drove the C- 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 +19.3/30.0
• ARV discount +7.5/15.0
• DSCR +6.1/10.0
• 1% rule +4.5/10.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Under contract-accepting backup offers. Rare opportunity! A really affordable home in a sought after location! Cute house. Yard completely fenced has shade trees. Screened porch off kitchen has laundry room in rear. There is a small concrete storage shed in back yard.

Key facts

• Shade trees
• Laundry room
• Screened porch

Tags

• SOUGHT AFTER LOCATION
• YARD COMPLETELY FENCED
• SHADE TREES
• SCREENED PORCH
• LAUNDRY ROOM
• CONCRETE STORAGE SHED

Property features AI

Finance

• Other: Zoned RM-24
• Financial info: No lease restrictions
• HOA & community: No association; No association approval required

Exterior

• Parking: Paved road access
• Utilities: Public water; Public sewer; Electricity available and connected; Cable available and connected; Broadband/high-speed internet available; Fiber optics available; Fire hydrant nearby
• Home design: Single-family residence; One story; Faces west
• Construction: Block construction; Shingle roof; Block and slab foundation; Built on a 0.13-acre lot (approx. 50 x 113)
• Exterior features: Cleared lot; Paved lot/driveway; Shed(s) and storage structures

Interior

• Kitchen: No appliances included
• Bedrooms: 2 bedrooms
• Flooring: Laminate flooring; Tile flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Open floorplan; 3 total rooms
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $164 ($2k/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 $143k (4.8% below list).
• Recommended offer: $143k (4.8% 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: Dr Carter G Woodson K-8 School (math 19% / reading 26%, grade F, #2,073 of 2,144 statewide, top 97%, 1,023 students, 78% FRL); Wharton High School (math 33% / reading 42%, grade F, #336 of 667 statewide, top 51%, 2,289 students, 46% FRL).
• 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; 368 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 9,053 units permitted in Hillsborough County in 2024 (4,555 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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 7 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $25k; list at $150k implies a 507% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $142,650 (4.8% below list)

Questions for the listing agent

1. Built in 1960 — 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. 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.
5. 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.
6. 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: 0.95% ✗
• Cap rate: 7.61%
• Cash-on-cash: 4.69%
• DSCR: 1.21
• GRM: 8.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.52% rent growth · sell at horizon

5-year hold

• IRR: -11.7%
• Equity multiple: 0.59×
• Total profit: $-17,346
• Equity at exit: $22,351

10-year hold

• IRR: -6.3%
• Equity multiple: 0.64×
• Total profit: $-15,316
• Equity at exit: $12,961

Cash invested: $41,972 (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 33604

• Home prices YoY: -31.3%
• Rents YoY: 0.5%
• Active inventory: 368
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,426 high
• Mortgage (P&I): −$786
• Tax from tax record: −$114 /mo · $1,373/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$300
• Net cashflow: $164

Break-even live

Break-even rent $1,219

Max offer price $149,900

Occupancy floor 84%

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4121 E Busch Blvd Tampa, FL	1.0–2.0	1.0–2.5	955	$2,002	$2.10	2d	12	0.21mi
4131 E Busch Blvd Tampa, FL	1.0	1.0	750	$1,040	$1.39	24d	1	0.28mi
4131 E Busch Blvd Unit 01 4129-10 Tampa, FL	1.0	1.0	750	$1,234	$1.65	24d	1	0.28mi
4705 E Citrus Cir Tampa, FL	1.0–2.0	1.0–2.0	728	$1,600	$2.20	5d	8	0.54mi
4209 E Okara Rd Unit 4219 A Tampa, FL	1.0	1.0	550	$1,150	$2.09	24d	1	0.59mi
9305 Takomah Trl Unit 105 Tampa, FL	1.0	1.0	616	$1,400	$2.27	24d	1	0.59mi
9305 Takomah Trl Unit 206 Tampa, FL	1.0	1.0	616	$1,425	$2.31	14d	1	0.59mi
4824 E Busch Blvd Unit 9201-4 Tampa, FL	1.0	1.0	700	$1,350	$1.93	24d	1	0.69mi
4824 E Busch Blvd Unit 4812-7 Tampa, FL	1.0	1.0	650	$1,175	$1.81	24d	1	0.69mi
4824 E Busch Blvd Unit 9203-3 Tampa, FL	1.0	1.0	700	$1,375	$1.96	24d	1	0.69mi
7517 Lakeshore Dr Unit A Tampa, FL	2.0	1.0	710	$1,500	$2.11	24d	1	0.85mi
4939 E Busch Blvd Tampa, FL	1.0–2.0	1.0–2.0	768	$1,699	$2.21	17d	1	0.87mi
8501 N 50th St Tampa, FL	1.0–2.0	1.0–2.0	730	$1,710	$2.34	24d	1	0.98mi
8725 Del Rey Ct Tampa, FL	1.0	1.0	432	$1,179	$2.73	2d	11	1.03mi
10420 McKinley Dr Tampa, FL	1.0–3.0	1.0–2.5	1347	$2,082	$1.55	2d	81	1.08mi
8412 Rio Bravo Ct Tampa, FL	1.0–3.0	1.0–2.5	1014	$1,384	$1.36	24d	1	1.14mi
7246 E Bank Dr Tampa, FL	1.0	1.0	540	$1,900	$3.52	24d	1	1.20mi
7234 E Bank Dr Tampa, FL	1.0	1.0	504	$1,300	$2.58	3d	1	1.20mi
7200 E Bank Dr Tampa, FL	1.0	1.0	626	$1,200	$1.92	18d	1	1.23mi
9313 N 20th St Tampa, FL	2.0	1.0	716	$1,595	$2.23	24d	1	1.23mi
7193 E Bank Dr Tampa, FL	1.0	1.0	504	$1,050	$2.08	24d	1	1.24mi
7101 E Bank Dr #7101 Tampa, FL	1.0	1.0	504	$1,000	$1.98	24d	1	1.28mi
7100 Waterside Dr Tampa, FL	1.0	1.0	504	$1,050	$2.08	5d	1	1.28mi
7141 E Bank Dr Tampa, FL	1.0	1.0	504	$1,100	$2.18	24d	1	1.29mi
4102 Oak Knoll Ct Apt 1 Tampa, FL	1.0	1.0	690	$1,250	$1.81	24d	1	1.34mi
4102 Oak Knoll Ct Tampa, FL	1.0–3.0	1.0–2.0	912	$1,375	$1.51	3d	56	1.34mi
7017 Waterside Dr #1 Tampa, FL	1.0	1.0	504	$1,000	$1.98	24d	1	1.36mi
7009 Waterside Dr Tampa, FL	1.0	1.0	504	$1,025	$2.03	24d	1	1.36mi
7009 Waterside Dr Tampa, FL	1.0	1.0	504	$1,025	$2.03	14d	1	1.36mi
1726 E Idell St Unit B Tampa, FL	1.0	1.0	702	$1,400	$1.99	5d	1	1.48mi

Listing history 8 events

1. 2026-06-07
   remarks 270-char remark
2. 2026-06-07
   statusdays on market $149,900 Pending 7 DOM
3. 2026-06-04
   days on market $149,900 Active 5 DOM
4. 2026-06-03
   days on market $149,900 Active 4 DOM
5. 2026-06-02
   days on market $149,900 Active 3 DOM
6. 2026-06-01
   days on market $149,900 Active 2 DOM
7. 2026-05-31
   remarks 230-char remark
8. 2026-05-31
   listed $149,900 Active 1 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: $1,373 · $114/mo
• Projected year-2 tax: $1,373 · $114/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 6/10 Major FEMA zone X (unshaded) · 75% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 26 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: $17,118
• − Mortgage interest: −$8,397
• − Property taxes: −$1,373
• − Insurance: −$750
• − Repairs & maintenance: −$1,369
• − Management: −$1,369
• − Depreciation: −$4,361
• Taxable loss: −$501
• Est. tax savings @ 24.0%: +$120
• After-tax cash flow: $2,088/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): 40,055
• Household income: $58,766
• Rent vs Own: 44.0% rent · 56.0% own
• Severe rent burden: 2581.0

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 0.69)
• Race & ethnicity: Hispanic / Latino 38% White 35% Two or more races 22% Black 21% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 11% Cuban 13% Dominican 2%
• Common ancestry: Romanian 3% Lithuanian 2% Slovak 1%
• Foreign-born: 18% · Canada, Vietnam, Jamaica
• Languages at home: 66% English-only · Spanish 30% Vietnamese 1% French/Haitian/Cajun 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: ▼ -200.24%
• Current HPI: 439.7084
• Rent YoY: ▲ 0.52%
• 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

+506.9% since first listed

2 events — show timeline

• 2026-05-30 Listed $149,900 Stellar MLS as Distributed by MLS Grid
• 1993-12-28 Sold (Public Records) $24,700 Public Records

Property tax history

+11.2%/yr

Latest (2025): $1,373 · +11.0% YoY. Source: county tax records.