2901 N 12th St · Tampa, FL 33605

$327,000

3 bd · 2.0 ba · 1,286 sqft · SingleFamily public records · 25 Days on market

Built 2000 4,750 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
• ARV discount +7.5/15.0
• Cash flow +7.3/30.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• 1% rule +1.9/10.0
• DSCR +1.5/10.0

Listing remarks MLS

Nice 3 bedroom 2 bathroom that needs some cosmetic attention. Property presently awaiting final eviction of prior resident. Property being sold "As Is" for convenience of seller. All offers must besubmitted on seller's Purchase and Sale Agreement. Property is offered for sale without clear title and subject to any outstanding liens and code violations. Property currently in eviction process of prior occupant.

Key facts

• Luxury vinyl plank
• Tile flooring
• Fresh interior paint

Tags

• NO HOA
• LUXURY VINYL PLANK
• TILE FLOORING
• FRESH INTERIOR PAINT
• STAINLESS STEEL APPLIANCES
• FUNCTIONAL FLOOR PLAN

Property features AI

Finance

• Other: Property type: Residential — Single Family Residence; Zoning: YC-8; Living area about 1,286 sq ft; Lot acreage: 0 to less than 1/4 acre

Exterior

• Parking: Attached garage (1 car)
• Utilities: Electricity connected; Public sewer; Water connected (listed as connected; water source none)
• Home design: Single-family residence; One story; Faces east; Entry level: One
• Construction: Block construction; Shingle roof; Slab foundation; Built on a 0.11 acre lot (approx. 50 x 95)
• Exterior features: Private mailbox; Asphalt road access

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry area in garage

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $327k.

Deal economics

• At list price, monthly cash flow is $-436 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $250k (23.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $227k (30.6% below list).
• Recommended offer: $227k (30.6% 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: Washington Elementary School (math 32% / reading 27%, grade F, #1,896 of 2,144 statewide, top 90%, 317 students, 78% FRL); Madison Middle School (math 43% / reading 46%, grade D, #320 of 571 statewide, top 57%, 563 students, 65% FRL); Middleton High School (math 23% / reading 51%, grade F, #340 of 667 statewide, top 52%, 1,511 students, 57% FRL).
• Market conditions: Rents flat; 190 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 $2,268/mo this rent would consume 74% 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 $35k of equity ($2k loan paydown + $33k 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 ~$56k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 25 days — a 2% lower offer ($322k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 14y 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.

Risks & watch-outs

• Climate carrying-cost: 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 $226,801 (30.6% 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. 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: 0.69% ✗
• Cap rate: 4.69%
• Cash-on-cash: -5.71%
• DSCR: 0.75
• 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: 19.6%
• Equity multiple: 2.58×
• Total profit: $144,964
• Equity at exit: $294,588

10-year hold

• IRR: 17.6%
• Equity multiple: 5.79×
• Total profit: $438,851
• Equity at exit: $635,289

Cash invested: $91,560 (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: $2,268 high
• Mortgage (P&I): −$1,715
• Tax from tax record: −$376 /mo · $4,516/yr
• Insurance: −$136
• HOA: −$0
• Vacancy / Maint / Mgmt: −$476
• Net cashflow: $-436

Break-even live

Break-even rent $2,820

Max offer price $250,030

Occupancy floor —

Sensitivity live

Price	-10% $-251	-5% $-343	+0% $-436	+5% $-528	+10% $-621
Rent	-10% $-615	-5% $-525	+0% $-436	+5% $-346	+10% $-257
Rate	-1.0pp $-271	-0.5pp $-353	base $-436	+0.5pp $-520	+1.0pp $-607

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: $81,750
• Closing costs: $9,810
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1003 E 19th Ave Unit 1053143P Tampa, FL	4.0	3.0	1614	$4,414	$2.73	0d	1	0.11mi
1302 E 21st Ave Tampa, FL	1.0–2.0	1.0–2.0	800	$1,408	$1.76	1d	8	0.16mi
1003 E 22nd Ave Tampa, FL	2.0	1.0	1062	$1,639	$1.54	6d	1	0.17mi
1221 E Columbus Dr Tampa, FL	2.0	1.0	1000	$1,499	$1.50	26d	1	0.18mi
1003 E Columbus Dr Tampa, FL	2.0	1.0	1160	$1,795	$1.55	3d	1	0.19mi
912 E Saint Clair St Tampa, FL	2.0	1.0	1000	$1,900	$1.90	26d	1	0.22mi
2907 N 15th St Unit D Tampa, FL	3.0	2.0	888	$1,850	$2.08	6d	1	0.26mi
1212 E 25th Ave Tampa, FL	2.0	1.0	1035	$1,490	$1.44	21d	1	0.31mi
2810 N 16th St Tampa, FL	2.0	1.0	1066	$2,550	$2.39	14d	1	0.32mi
1520 E 21st Ave Tampa, FL	3.0	2.0	1671	$2,350	$1.41	18d	1	0.32mi
2825 N Taliaferro Ave Tampa, FL	4.0	2.0	1484	$3,500	$2.36	26d	1	0.33mi
916 E 25th Ave Tampa, FL	3.0	2.0	1525	$2,600	$1.70	12d	1	0.36mi
3021 Sanchez St Tampa, FL	3.0	1.0	1300	$2,195	$1.69	26d	1	0.37mi
1006 E 26th Ave Tampa, FL	2.0	1.0	1000	$1,630	$1.63	6d	1	0.39mi
933 E 11th Ave Tampa, FL	2.0	1.0	904	$1,590	$1.76	26d	1	0.41mi
3210 N 16th St Tampa, FL	4.0	2.0	1380	$1,875	$1.36	4d	1	0.43mi
3210 N 16th St Tampa, FL	4.0	2.0	1380	$1,995	$1.45	23d	1	0.43mi
3210 N 16th St Tampa, FL	4.0	2.0	1380	$1,875	$1.36	1d	1	0.43mi
3411 N 13th St Tampa, FL	3.0	2.0	978	$1,895	$1.94	26d	1	0.44mi
1716 E Columbus Dr Unit A Tampa, FL	2.0	1.0	924	$1,800	$1.95	26d	1	0.47mi
515 E Adalee St Tampa, FL	3.0	2.0	1552	$2,650	$1.71	6d	1	0.49mi
503 E Columbus Dr Unit 1 Tampa, FL	2.0	1.5	1000	$2,400	$2.40	26d	1	0.51mi
1807 E 20th Ave Tampa, FL	3.0	2.0	1131	$2,900	$2.56	26d	1	0.52mi
1808 E Columbus Dr #5 Tampa, FL	2.0	2.5	1620	$1,900	$1.17	4d	1	0.53mi
3511 Cone Ct Tampa, FL	3.0	2.0	1256	$2,200	$1.75	6d	1	0.55mi
3601 N 13th St Tampa, FL	3.0	2.5	1800	$2,550	$1.42	26d	1	0.56mi
2708 N 19th St Tampa, FL	3.0	2.0	1680	$2,200	$1.31	18d	1	0.56mi
418 E Amelia Ave Unit A Tampa, FL	3.0	2.0	1050	$1,800	$1.71	26d	1	0.56mi
411 E Adalee St Tampa, FL	3.0	1.0	1200	$2,500	$2.08	26d	1	0.60mi
3519 N 10th St Tampa, FL	3.0	2.0	1200	$1,850	$1.54	19d	1	0.60mi
1720 Nick Nuccio Pkwy Tampa, FL	3.0	1.0–3.0	955	$3,943	$4.13	26d	40	0.63mi
809 E Baker St Unit A Tampa, FL	3.0	1.0	1083	$2,200	$2.03	26d	1	0.65mi
2006 E Columbus Dr Unit A Tampa, FL	2.0	1.0	896	$1,495	$1.67	3d	1	0.66mi
2002 E 18th Ave Tampa, FL	4.0	2.0	1084	$2,400	$2.21	6d	1	0.67mi
1620 Nuccio Pkwy Tampa, FL	2.0	1.0–2.0	770	$3,438	$4.46	1d	300	0.68mi
310 E Frances Ave Unit C Tampa, FL	2.0	1.0	925	$500	$0.54	19d	1	0.68mi
1305 E Louise Ave Tampa, FL	3.0	2.0	1384	$2,700	$1.95	26d	1	0.71mi
1515 E 31st Ave Tampa, FL	2.0	1.0	914	$1,500	$1.64	6d	1	0.73mi
2108 E 22nd Ave Tampa, FL	3.0	3.0	1308	$2,100	$1.61	5d	1	0.73mi
2108 E 22nd Ave Tampa, FL	3.0	3.0	1308	$2,100	$1.61	6d	1	0.73mi

Listing history 21 events

1. 2026-06-21
   days on market $327,000 Active 25 DOM
2. 2026-06-18
   days on market $327,000 Active 22 DOM
3. 2026-06-17
   days on market $327,000 Active 21 DOM
4. 2026-06-16
   days on market $327,000 Active 20 DOM
5. 2026-06-15
   days on market $327,000 Active 19 DOM
6. 2026-06-13
   days on market $327,000 Active 17 DOM
7. 2026-06-13
   pricedays on market $327,000 Active 16 DOM
8. 2026-06-09
   days on market $330,000 Active 13 DOM
9. 2026-06-08
   days on market $330,000 Active 12 DOM
10. 2026-06-07
    days on market $330,000 Active 11 DOM
11. 2026-06-04
    days on market $330,000 Active 8 DOM
12. 2026-06-03
    days on market $330,000 Active 7 DOM
13. 2026-06-02
    days on market $330,000 Active 6 DOM
14. 2026-06-01
    days on market $330,000 Active 5 DOM
15. 2026-05-31
    days on market $330,000 Active 4 DOM
16. 2026-05-22
    listed $330,000 Active
17. 2026-03-21
    historical $1,995
18. 2026-01-18
    listed $1,995
19. 2021-12-13
    soldstatus $8,459,402
20. 2012-12-07
    soldstatus $35,000 422-char remark

    Show marketing remark (422 chars)

    Nice 3 bedroom 2 bathroom that needs some cosmetic attention. Property presently awaiting final eviction of prior resident. Property being sold "As Is" for convenience of seller. All offers must besubmitted on seller's Purchase and Sale Agreement. Property is offered for sale without clear title and subject to any outstanding liens and code violations. Property currently in eviction process of prior occupant.

21. 2012-06-08
    listed $43,500 422-char remark

    Show marketing remark (422 chars)

    Nice 3 bedroom 2 bathroom that needs some cosmetic attention. Property presently awaiting final eviction of prior resident. Property being sold "As Is" for convenience of seller. All offers must besubmitted on seller's Purchase and Sale Agreement. Property is offered for sale without clear title and subject to any outstanding liens and code violations. Property currently in eviction process of prior occupant.

ⓘ 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: $4,516 · $376/mo
• Projected year-2 tax: $4,516 · $376/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 ≥107°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: $27,216
• − Mortgage interest: −$18,317
• − Property taxes: −$4,516
• − Insurance: −$1,635
• − Repairs & maintenance: −$2,177
• − Management: −$2,177
• − Depreciation: −$9,513
• Taxable loss: −$11,120
• Est. tax savings @ 24.0%: +$2,669
• After-tax cash flow: $-2,560/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

+658.6% since first listed

6 events — show timeline

• 2026-05-22 Listed $330,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-21 Rental Removed $1,995 RENTLY
• 2026-01-18 Listed for Rent $1,995 RENTLY
• 2021-12-13 Sold (Public Records) $8,459,402 Public Records
• 2012-12-07 Sold (MLS) $35,000 Stellar MLS as Distributed by MLS Grid
• 2012-06-08 Listed $43,500 Stellar MLS as Distributed by MLS Grid

Property tax history

+13.4%/yr

Latest (2025): $4,516 · +3.1% YoY. Source: county tax records.