4602 Courtland St · Tampa, FL 33610

$185,000

4 bd · 2.0 ba · 1,140 sqft · SingleFamily public records · 19 Days on market

Built 1957 3,600 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 +25.9/30.0
• DSCR +8.7/10.0
• ARV discount +7.5/15.0
• 1% rule +7.0/10.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +1.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great opportunity to own this updated, move-in ready 4-bedroom, 2-bath, one-story home located at 4602 Courtland Street in Tampa. Situated on a large private corner lot, this property features a spacious open floor plan with a living room and separate dining area, ideal for everyday living and entertaining. The home has been updated with vinyl plank flooring throughout (no carpet), along with refreshed interior and exterior paint. The kitchen has been remodeled and includes stone countertops, tile backsplash, and ample cabinet space. Bathrooms have also been updated. Additional improvements include updated windows, plumbing, and electrical systems. Major components include a roof installed in 2019, A/C from 2016, and water heater from 2016. The property includes a laundry room with additional storage. The large backyard offers space for outdoor use and gatherings. The property is located outside of a flood zone and has no HOA or CDD fees. Conveniently located near major expressways, Tampa International Airport, downtown Tampa, hospitals, shopping, schools, golf courses, and restaurants. Minimal repairs needed.

Key facts

• Stone countertops
• Updated windows
• Updated kitchen

Tags

• UPDATED KITCHEN
• STONE COUNTERTOPS
• TILE BACKSPLASH
• UPDATED WINDOWS
• UPDATED PLUMBING
• UPDATED ELECTRICAL SYSTEMS

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $185k.

Deal economics

• At list price, monthly cash flow is $453 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $185k).
• Recommended offer: $182k (1.5% 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 falling (-4.7%/yr); 278 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).
• At $2,214/mo this rent would consume 49% of the median local household income ($54k/yr) (locally 2431% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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

• It's been on market 19 days — a 2% lower offer ($182k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 22y ago; this cycle's ask has dropped $35k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $92k; list at $185k implies a 100% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.
• 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 $182,225 (1.5% below list)

Questions for the listing agent

1. Built in 1957 — 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: 1.20% ✓
• Cap rate: 9.23%
• Cash-on-cash: 10.50%
• DSCR: 1.47
• GRM: 7.0

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: -4.0%
• Equity multiple: 0.85×
• Total profit: $-7,543
• Equity at exit: $27,584

10-year hold

• IRR: 1.8%
• Equity multiple: 1.11×
• Total profit: $5,721
• Equity at exit: $15,995

Cash invested: $51,800 (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 33610

• Home prices YoY: -27.0%
• Rents YoY: -4.7%
• Active inventory: 278
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $2,214 high
• Mortgage (P&I): −$970
• Tax from tax record: −$248 /mo · $2,980/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$465
• Net cashflow: $453

Break-even live

Break-even rent $1,640

Max offer price $185,000

Occupancy floor 75%

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4501 N 39th St Tampa, FL	4.0	1.0	1072	$1,595	$1.49	22d	1	0.19mi
3413 E Louisiana Ave #2 Tampa, FL	3.0	2.5	1489	$2,500	$1.68	24d	1	0.24mi
3724 E 38th Ave Tampa, FL	3.0	2.0	1188	$1,895	$1.60	24d	1	0.26mi
3212 E Emma St Tampa, FL	4.0	2.0	1332	$2,300	$1.73	3d	1	0.28mi
3705 E North Bay St Tampa, FL	3.0	2.0	969	$1,850	$1.91	3d	1	0.31mi
3111 E Cayuga St Tampa, FL	4.0	2.0	1315	$2,250	$1.71	24d	1	0.33mi
4303 N 30th St Tampa, FL	3.0	2.0	1260	$3,200	$2.54	2d	1	0.47mi
3706 E Shadowlawn Ave Tampa, FL	3.0	1.0	1080	$1,950	$1.81	10d	1	0.49mi
3002 E 38th Ave Tampa, FL	3.0	2.0	1413	$2,600	$1.84	24d	1	0.50mi
3001 E McBerry St Tampa, FL	3.0	2.0	1118	$1,945	$1.74	5d	1	0.60mi
4204 N 29th St Tampa, FL	3.0	1.0	957	$1,800	$1.88	24d	1	0.63mi
3716 N 31st St Tampa, FL	3.0	2.0	1200	$1,895	$1.58	5d	1	0.66mi
3507 E 29th Ave Tampa, FL	3.0	2.0	928	$1,700	$1.83	24d	1	0.71mi
2607 Lindell Ave Tampa, FL	4.0	2.0	1448	$2,395	$1.65	3d	1	0.83mi
3022 Deleuil Ave Tampa, FL	3.0	2.0	1053	$1,850	$1.76	19d	1	0.87mi
3107 Chipco St Tampa, FL	3.0	1.0	1268	$1,799	$1.42	24d	1	0.88mi
4403 N 48th St Tampa, FL	4.0	2.0	1387	$2,500	$1.80	24d	1	0.95mi
3517 Bishop Eddie Newkirk Way Tampa, FL	3.0	2.0	1200	$2,500	$2.08	24d	1	0.96mi
3511 Bishop Eddie Newkirk Way Tampa, FL	3.0	1.0	1056	$1,800	$1.70	24d	1	0.96mi
3511 Bishop Eddie Newkirk Way Tampa, FL	3.0	1.0	1056	$1,800	$1.70	11d	1	0.96mi
3409 E Paris St Tampa, FL	4.0	2.0	1375	$2,400	$1.75	24d	1	1.07mi
2704 E 25th Ave Tampa, FL	3.0	1.0	858	$1,595	$1.86	22d	1	1.12mi
3917 E Hanna Ave Tampa, FL	3.0	2.0	846	$2,100	$2.48	24d	1	1.15mi
3624 E Fern St Tampa, FL	4.0	2.0	1235	$2,690	$2.18	24d	1	1.24mi
3001 E Jean St Tampa, FL	3.0	2.0	999	$1,695	$1.70	24d	1	1.25mi
1711 E New Orleans Ave Tampa, FL	3.0	2.0	1136	$2,250	$1.98	20d	1	1.30mi
3411 E Lambright St Tampa, FL	3.0	1.5	1134	$1,950	$1.72	22d	1	1.31mi
3101 E 18th Ave Tampa, FL	3.0	1.0	1050	$1,750	$1.67	3d	1	1.37mi
3417 Temple St Unit B Tampa, FL	3.0	2.0	975	$1,600	$1.64	24d	1	1.37mi
1608 E New Orleans Ave Tampa, FL	4.0	2.0	1254	$1,895	$1.51	15d	1	1.37mi
2016 E Clifton St Unit A Tampa, FL	3.0	2.0	1250	$2,249	$1.80	24d	1	1.38mi
1602 E North Bay St Tampa, FL	3.0	2.0	1200	$2,100	$1.75	24d	1	1.39mi
1517 E Ellicott St Tampa, FL	3.0	2.0	1292	$2,225	$1.72	17d	1	1.40mi
3716 N 52nd St Tampa, FL	3.0	1.0	1152	$1,650	$1.43	5d	1	1.40mi
3716 N 52nd St Tampa, FL	3.0	1.0	1152	$1,650	$1.43	11d	1	1.40mi
3716 N 52nd St Tampa, FL	3.0	1.0	1152	$1,650	$1.43	24d	1	1.40mi
3212 N 50th St Unit B Tampa, FL	3.0	2.0	1005	$2,200	$2.19	15d	1	1.40mi
3706 N 52nd St #1 Tampa, FL	3.0	2.5	1334	$2,500	$1.87	3d	1	1.42mi
1501 E Palifox St Tampa, FL	3.0	2.0	1248	$1,750	$1.40	14d	1	1.44mi
2108 E 22nd Ave Tampa, FL	3.0	3.0	1308	$2,100	$1.61	3d	1	1.48mi

Listing history 27 events

1. 2026-05-13
   status Active 1127-char remark

   Show marketing remark (1127 chars)

   Great opportunity to own this updated, move-in ready 4-bedroom, 2-bath, one-story home located at 4602 Courtland Street in Tampa. Situated on a large private corner lot, this property features a spacious open floor plan with a living room and separate dining area, ideal for everyday living and entertaining. The home has been updated with vinyl plank flooring throughout (no carpet), along with refreshed interior and exterior paint. The kitchen has been remodeled and includes stone countertops, tile backsplash, and ample cabinet space. Bathrooms have also been updated. Additional improvements include updated windows, plumbing, and electrical systems. Major components include a roof installed in 2019, A/C from 2016, and water heater from 2016. The property includes a laundry room with additional storage. The large backyard offers space for outdoor use and gatherings. The property is located outside of a flood zone and has no HOA or CDD fees. Conveniently located near major expressways, Tampa International Airport, downtown Tampa, hospitals, shopping, schools, golf courses, and restaurants. Minimal repairs needed.

2. 2026-05-13
   price $195,000 1127-char remark

   Show marketing remark (1127 chars)

   Great opportunity to own this updated, move-in ready 4-bedroom, 2-bath, one-story home located at 4602 Courtland Street in Tampa. Situated on a large private corner lot, this property features a spacious open floor plan with a living room and separate dining area, ideal for everyday living and entertaining. The home has been updated with vinyl plank flooring throughout (no carpet), along with refreshed interior and exterior paint. The kitchen has been remodeled and includes stone countertops, tile backsplash, and ample cabinet space. Bathrooms have also been updated. Additional improvements include updated windows, plumbing, and electrical systems. Major components include a roof installed in 2019, A/C from 2016, and water heater from 2016. The property includes a laundry room with additional storage. The large backyard offers space for outdoor use and gatherings. The property is located outside of a flood zone and has no HOA or CDD fees. Conveniently located near major expressways, Tampa International Airport, downtown Tampa, hospitals, shopping, schools, golf courses, and restaurants. Minimal repairs needed.

3. 2026-04-14
   status Pending 1127-char remark

   Show marketing remark (1127 chars)

   Great opportunity to own this updated, move-in ready 4-bedroom, 2-bath, one-story home located at 4602 Courtland Street in Tampa. Situated on a large private corner lot, this property features a spacious open floor plan with a living room and separate dining area, ideal for everyday living and entertaining. The home has been updated with vinyl plank flooring throughout (no carpet), along with refreshed interior and exterior paint. The kitchen has been remodeled and includes stone countertops, tile backsplash, and ample cabinet space. Bathrooms have also been updated. Additional improvements include updated windows, plumbing, and electrical systems. Major components include a roof installed in 2019, A/C from 2016, and water heater from 2016. The property includes a laundry room with additional storage. The large backyard offers space for outdoor use and gatherings. The property is located outside of a flood zone and has no HOA or CDD fees. Conveniently located near major expressways, Tampa International Airport, downtown Tampa, hospitals, shopping, schools, golf courses, and restaurants. Minimal repairs needed.

4. 2026-04-10
   listed $220,000 Active 1127-char remark

   Show marketing remark (1127 chars)

   Great opportunity to own this updated, move-in ready 4-bedroom, 2-bath, one-story home located at 4602 Courtland Street in Tampa. Situated on a large private corner lot, this property features a spacious open floor plan with a living room and separate dining area, ideal for everyday living and entertaining. The home has been updated with vinyl plank flooring throughout (no carpet), along with refreshed interior and exterior paint. The kitchen has been remodeled and includes stone countertops, tile backsplash, and ample cabinet space. Bathrooms have also been updated. Additional improvements include updated windows, plumbing, and electrical systems. Major components include a roof installed in 2019, A/C from 2016, and water heater from 2016. The property includes a laundry room with additional storage. The large backyard offers space for outdoor use and gatherings. The property is located outside of a flood zone and has no HOA or CDD fees. Conveniently located near major expressways, Tampa International Airport, downtown Tampa, hospitals, shopping, schools, golf courses, and restaurants. Minimal repairs needed.

5. 2023-10-16
   historical
6. 2023-09-19
   price $269,900
7. 2023-08-31
   listed $289,900 Active
8. 2020-04-24
   historical
9. 2020-04-12
   listed $149,888 Active
10. 2019-06-28
    soldstatus $92,500
11. 2019-06-17
    soldstatus $92,500 Sold
12. 2019-05-23
    status Pending
13. 2019-05-01
    listed $109,000 Active
14. 2016-11-19
    soldstatus $55,000
15. 2016-11-14
    soldstatus $55,000 Sold
16. 2016-10-28
    historical Contingent - Appraisal
17. 2016-10-19
    status Active
18. 2016-10-11
    historical Active with Contract
19. 2016-09-28
    listed $59,900 Active
20. 2007-09-05
    historical
21. 2007-06-01
    listed $110,000
22. 2004-12-30
    soldstatus $95,000
23. 2004-11-16
    soldstatus $90,000
24. 2004-06-28
    soldstatus $85,000
25. 2004-04-28
    historical
26. 2004-02-27
    listed $85,000
27. 2003-12-30
    soldstatus $40,000

ⓘ 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: $2,980 · $248/mo
• Projected year-2 tax: $2,980 · $248/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 ≥109°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: $26,568
• − Mortgage interest: −$10,363
• − Property taxes: −$2,980
• − Insurance: −$925
• − Repairs & maintenance: −$2,125
• − Management: −$2,125
• − Depreciation: −$5,382
• Taxable income: $2,667
• Est. tax owed @ 24.0%: −$640
• After-tax cash flow: $4,801/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): 46,587
• Household income: $54,209
• Rent vs Own: 48.4% rent · 51.6% own
• Severe rent burden: 2431.0

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 0.62)
• Race & ethnicity: Black 55% Hispanic / Latino 22% White 17% Two or more races 13% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 7% Cuban 6%
• Common ancestry: Hispanic 2% Romanian 1% Slovak 1%
• Foreign-born: 18% · Canada
• Languages at home: 75% English-only · Spanish 18% 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: ▼ -158.81%
• Current HPI: 428.9741
• Rent YoY: ▼ -4.72%
• 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

+387.5% since first listed

27 events — show timeline

• 2026-05-13 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-13 Price Changed $195,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-10 Listed $220,000 Stellar MLS as Distributed by MLS Grid
• 2023-10-16 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2023-09-19 Price Changed $269,900 Stellar MLS as Distributed by MLS Grid
• 2023-08-31 Listed $289,900 Stellar MLS as Distributed by MLS Grid
• 2020-04-24 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2020-04-12 Listed $149,888 Stellar MLS as Distributed by MLS Grid
• 2019-06-28 Sold (Public Records) $92,500 Public Records
• 2019-06-17 Sold (MLS) $92,500 Stellar MLS as Distributed by MLS Grid
• 2019-05-23 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-05-01 Listed $109,000 Stellar MLS as Distributed by MLS Grid
• 2016-11-19 Sold (Public Records) $55,000 Public Records
• 2016-11-14 Sold (MLS) $55,000 Stellar MLS as Distributed by MLS Grid
• 2016-10-28 Contingent — Stellar MLS as Distributed by MLS Grid
• 2016-10-19 Relisted — Stellar MLS as Distributed by MLS Grid
• 2016-10-11 Contingent — Stellar MLS as Distributed by MLS Grid
• 2016-09-28 Listed $59,900 Stellar MLS as Distributed by MLS Grid
• 2007-09-05 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2007-06-01 Listed $110,000 Stellar MLS as Distributed by MLS Grid
• 2004-12-30 Sold (Public Records) $95,000 Public Records
• 2004-11-16 Sold (Public Records) $90,000 Public Records
• 2004-06-28 Sold (MLS) $85,000 Stellar MLS as Distributed by MLS Grid
• 2004-04-28 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2004-02-27 Listed $85,000 Stellar MLS as Distributed by MLS Grid
• 2003-12-30 Sold (Public Records) $40,000 Public Records

Property tax history

+15.4%/yr

Latest (2025): $2,980 · +12.0% YoY. Source: county tax records.