801 E Louisiana Ave · Tampa, FL 33603

$299,999

3 bd · 2.0 ba · 1,300 sqft · SingleFamily public records · 1 Days on market

Built 1910 7,688 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 +15.2/30.0
• ARV discount +7.5/15.0
• DSCR +4.7/10.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• 1% rule +3.4/10.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming bungalow home is located in historic Seminole Heights. This 3 bedrooms, 1 1/2 bathroom home has been completely renovated, but stays true to its bungalow charm with beautiful molding throughout. The kitchen has been updated with shaker cabinets, granite countertops and stainless steel appliances. The large bedroom can be used as a spacious master, bonus room, office or playroom. There is an inside laundry room, beautiful wide plank laminate flooring, and brand new fence with drive through to a covered carport. New roof, window screens, paint, updated plumbing & electrical and new HVAC. Great location to enjoy all Seminole Heights has to offer. Walk to shops, restaurants and library. Quick jump on to I-275 and less than 10 minuets into the City of Tampa.

Key facts

• New piping
• Sturdy shed
• Handicap ramp

Tags

• PLANK LAMINATE FLOORING
• FUNCTIONAL LAUNDRY ROOM
• NEW FENCE
• STURDY SHED
• HANDICAP RAMP
• NEW PIPING

Property features AI

Finance

• Other: Property type: Residential (Single Family Residence); Zoning: SH-RM
• Financial info: Homestead exempt; No lease restrictions indicated
• HOA & community: No association indicated; Association approval not required

Exterior

• Utilities: Public water; Public sewer; Public utilities
• Home design: Single Family Residence; One story; Faces east
• Construction: Block, brick, and frame construction; Shingle roof; Crawlspace and slab foundation; Building area reported around 1,891 sq ft
• Exterior features: Other exterior features; Lot dimensions approximately 62 x 124; Lot under 1/4 acre (about 0.18 acre)

Interior

• Kitchen: Dishwasher; Range; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Laminate flooring
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Other interior features
• Laundry & utility: Washer; Dryer; Laundry features: Other

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $300k.

Deal economics

• At list price, monthly cash flow is $105 ($1k/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 $251k (16.2% below list).
• Recommended offer: $251k (16.2% 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: Broward Elementary School (math 27% / reading 22%, grade F, #2,037 of 2,144 statewide, top 96%, 227 students, 89% FRL); Memorial Middle School (math 30% / reading 29%, grade F, #469 of 571 statewide, top 84%, 600 students, 72% FRL); Hillsborough High School (math 30% / reading 48%, grade F, #312 of 667 statewide, top 48%, 1,891 students, 56% FRL) — zoned schools average 72% FRL vs 52% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 31% 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 soft (-1.3%/yr); 212 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 41% of the median local income ($74k/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 $2k of loan paydown is wiped out by about $9k 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 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 9y 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 $175k; list at $300k implies a 71% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.
• 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 $251,487 (16.2% below list)

Questions for the listing agent

1. Built in 1910 — 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: 0.84% ✗
• Cap rate: 6.71%
• Cash-on-cash: 1.50%
• DSCR: 1.07
• GRM: 9.9

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: -17.1%
• Equity multiple: 0.41×
• Total profit: $-49,359
• Equity at exit: $44,731

10-year hold

• IRR: -15.1%
• Equity multiple: 0.25×
• Total profit: $-63,155
• Equity at exit: $25,938

Cash invested: $84,000 (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 33603

• Rents YoY: -1.3%
• Active inventory: 212
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $2,515 high
• Mortgage (P&I): −$1,573
• Tax from tax record: −$183 /mo · $2,199/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$528
• Net cashflow: $105

Break-even live

Break-even rent $2,382

Max offer price $299,999

Occupancy floor 91%

Sensitivity live

Price	-10% $275	-5% $190	+0% $105	+5% $20	+10% $-65
Rent	-10% $-93	-5% $6	+0% $105	+5% $205	+10% $304
Rate	-1.0pp $256	-0.5pp $182	base $105	+0.5pp $28	+1.0pp $-52

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: $75,000
• Closing costs: $9,000
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
902 E Curtis St Unit 1 Tampa, FL	2.0	2.0	1325	$3,200	$2.42	19d	1	0.15mi
807 E Genesee St Tampa, FL	3.0	2.0	1414	$2,400	$1.70	22d	1	0.34mi
807 E Genesee St Unit 1/2 Tampa, FL	3.0	2.0	1414	$2,400	$1.70	24d	1	0.34mi
4513 N Florida Ave Tampa, FL	2.0	1.0	887	$2,299	$2.59	3d	6	0.41mi
1108 E Chelsea St Tampa, FL	3.0	2.0	1637	$3,250	$1.99	26d	1	0.43mi
1202 E Caracas St Tampa, FL	3.0	3.0	1224	$2,595	$2.12	26d	1	0.44mi
4017 N Seminole Ave Tampa, FL	4.0	1.0	1104	$1,950	$1.77	26d	1	0.47mi
1301 E Cayuga St Tampa, FL	3.0	1.5	1216	$2,200	$1.81	26d	1	0.53mi
203 W Emma St Tampa, FL	3.0	2.0	1279	$2,700	$2.11	26d	1	0.55mi
203 W Emma St Tampa, FL	3.0	2.0	1279	$2,500	$1.95	13d	1	0.55mi
203 W Haya St Tampa, FL	2.0	1.0	990	$1,950	$1.97	7d	1	0.57mi
4501 N Highland Ave Unit Main House Tampa, FL	4.0	2.0	1500	$3,300	$2.20	18d	1	0.58mi
309 W Osborne Ave Tampa, FL	3.0	1.5	1462	$3,300	$2.26	26d	1	0.60mi
203 W Crest Ave Tampa, FL	2.0	1.0	900	$2,100	$2.33	26d	1	0.61mi
302 E Selma Ave Tampa, FL	3.0	1.0	989	$2,200	$2.22	26d	1	0.62mi
309 E Selma Ave Tampa, FL	3.0	2.0	1170	$3,095	$2.65	7d	1	0.63mi
1501 E Palifox St Tampa, FL	3.0	2.0	1248	$1,750	$1.40	16d	1	0.65mi
1212 E Mohawk Ave Tampa, FL	3.0	1.0	1266	$1,995	$1.58	22d	1	0.68mi
212 W North Bay St Tampa, FL	3.0	1.0	1065	$2,600	$2.44	5d	1	0.69mi
309 W Alva St Tampa, FL	3.0	2.0	1152	$2,650	$2.30	0d	1	0.69mi
1209 E Comanche Ave Tampa, FL	2.0	2.0	1659	$2,500	$1.51	7d	1	0.70mi
314 W Alva St Tampa, FL	3.0	2.0	1170	$3,000	$2.56	26d	1	0.72mi
1517 E Ellicott St Tampa, FL	3.0	2.0	1292	$2,225	$1.72	18d	1	0.72mi
1608 E New Orleans Ave Tampa, FL	4.0	2.0	1254	$1,895	$1.51	16d	1	0.73mi
406 W Alva St Tampa, FL	2.0	1.0	936	$2,500	$2.67	26d	1	0.78mi
5706 N Suwanee Ave Unit 1271940P Tampa, FL	2.0	1.0	914	$2,739	$3.00	1d	1	0.79mi
1711 E New Orleans Ave Tampa, FL	3.0	2.0	1136	$2,250	$1.98	22d	1	0.80mi
1602 E North Bay St Tampa, FL	3.0	2.0	1200	$2,100	$1.75	26d	1	0.80mi
809 E Baker St Unit A Tampa, FL	3.0	1.0	1083	$2,100	$1.94	0d	1	0.82mi
3519 N 10th St Tampa, FL	3.0	2.0	1200	$1,850	$1.54	19d	1	0.83mi
1305 E Louise Ave Tampa, FL	3.0	2.0	1384	$2,700	$1.95	26d	1	0.83mi
1504 E 33rd Ave Tampa, FL	3.0	2.0	1108	$2,900	$2.62	26d	1	0.86mi
3916 N Ola Ave Tampa, FL	3.0	2.0	1673	$3,200	$1.91	19d	1	0.87mi
4412 N Clearfield Ave Tampa, FL	3.0	2.0	1336	$2,250	$1.68	26d	1	0.87mi
3511 Cone Ct Tampa, FL	3.0	2.0	1256	$2,200	$1.75	7d	1	0.88mi
1505 E Comanche Ave Tampa, FL	3.0	2.5	1750	$2,849	$1.63	0d	2	0.88mi
1709 E Chelsea St Unit F Tampa, FL	2.0	1.0	1041	$1,625	$1.56	26d	1	0.89mi
3906 N Ola Ave Tampa, FL	3.0	2.0	1225	$2,575	$2.10	26d	1	0.89mi
5205 N Boulevard Tampa, FL	1.0–3.0	1.0–2.0	1175	$2,241	$1.91	5d	17	0.93mi
303 E Paris St Tampa, FL	2.0	2.0	1442	$2,200	$1.53	26d	1	0.95mi

Listing history 3 events

1. 2026-06-02
   status $299,999 Pending 1 DOM
2. 2026-06-01
   remarks 699-char remark
3. 2026-06-01
   listed $299,999 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: $2,199 · $183/mo
• Projected year-2 tax: $2,490 · $207/mo
• Expected delta: +$291/yr (+$24/mo · 13.2%)

ⓘ 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 ≥108°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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,178
• − Mortgage interest: −$16,805
• − Property taxes: −$2,199
• − Insurance: −$1,500
• − Repairs & maintenance: −$2,414
• − Management: −$2,414
• − Depreciation: −$8,727
• Taxable loss: −$3,881
• Est. tax savings @ 24.0%: +$931
• After-tax cash flow: $2,195/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): 19,869
• Household income: $74,081
• Rent vs Own: 41.7% rent · 58.3% own
• Severe rent burden: 800.0

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 0.67)
• Race & ethnicity: White 44% Hispanic / Latino 33% Two or more races 22% Black 17%
• Hispanic origin (detail): Mexican 1% Puerto Rican 7% Cuban 15% Dominican 1%
• Common ancestry: Italian 3% Romanian 2% Slovak 2%
• Foreign-born: 18% · Canada, Jamaica
• Languages at home: 74% English-only · Spanish 25%

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: ▼ -256.57%
• Current HPI: 467.4179
• Rent YoY: ▼ -1.33%
• 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

+2172.7% since first listed

19 events — show timeline

• 2026-06-01 Listed $299,999 Stellar MLS as Distributed by MLS Grid
• 2022-10-26 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2022-10-23 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-10-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-09-25 Listed $335,000 Stellar MLS as Distributed by MLS Grid
• 2018-04-23 Sold (Public Records) $175,000 Public Records
• 2018-04-19 Sold (MLS) $175,000 Stellar MLS as Distributed by MLS Grid
• 2018-04-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-03-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-03-22 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-03-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-02-08 Relisted — Stellar MLS as Distributed by MLS Grid
• 2017-12-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-12-19 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2017-12-15 Listed $179,000 Stellar MLS as Distributed by MLS Grid
• 2017-04-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-04-19 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2017-03-27 Listed $189,900 Stellar MLS as Distributed by MLS Grid
• 1973-01-01 Sold (Public Records) $13,200 Public Records

Property tax history

+12.7%/yr

Latest (2025): $2,199 · +8.2% YoY. Source: county tax records.