Tampa, FL โ Rental Investment Analysis
๐กMODERATEโ average returnsCap Rate
4.5%
Below average
Monthly Cash Flow
-$600
After all expenses
Price-to-Rent
13.1
Investor-friendly
DSCR
0.71
Fails
๐ Key Metrics
- Median Home Price
- $399,568
- Average Rent (3BR)
- $2,300/mo
- Price-to-Rent Ratio
- 13.1(good)
- 1% Rule
- 0.63%(fails โ need 1%+)
- Cash-on-Cash Return
- -8.0%
- Vacancy Rate
- 8.0%
๐ Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers โ๐ Population Movement (Tax Year 2021โ2022)
Net Migration
+5,146 households
GROWING
Total Inflow
20,309
households moved in
Avg Income (New Residents)
$101,300
per household
Where they're coming from:
1.Hillsborough, FL5,049 households ยท avg $85,066
2.Manatee, FL669 households ยท avg $83,700
3.Orange, FL664 households ยท avg $87,744
4.Cook, IL450 households ยท avg $189,947
5.Miami-Dade, FL416 households ยท avg $108,832
Where residents are leaving to:
1.Hillsborough, FL4,752 households
2.Manatee, FL998 households
3.Hernando, FL642 households
4.Orange, FL431 households
5.Citrus, FL416 households
๐ก Strong net inflow suggests growing rental demand and upward pressure on rents.
๐๏ธ Best Zip Codes in Tampa for Investors
All Zip Codes in Tampa
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 33619 | 6.8% | +$107 | $289,568 | $2,510/mo | 1.07 |
| 33605 | 5.7% | -$146 | $261,423 | $1,970/mo | 0.89 |
| 33610 | 5.6% | -$175 | $276,661 | $2,060/mo | 0.88 |
| 33607 | 5.5% | -$260 | $363,424 | $2,670/mo | 0.87 |
| 33612 | 5.0% | -$330 | $291,138 | $1,990/mo | 0.79 |
| 33602 | 5.0% | -$600 | $521,046 | $3,550/mo | 0.78 |
| 33613 | 4.9% | -$395 | $315,322 | $2,110/mo | 0.76 |
| 33604 | 4.8% | -$422 | $322,939 | $2,140/mo | 0.75 |
| 33616 | 4.8% | -$539 | $409,667 | $2,710/mo | 0.75 |
| 33523 | 4.5% | -$404 | $263,214 | $1,670/mo | 0.71 |
| 33647 | 4.5% | -$744 | $466,881 | $2,930/mo | 0.70 |
| 34607 | 3.7% | -$881 | $399,568 | $2,210/mo | 0.59 |
| 33611 | 3.7% | -$1,060 | $479,810 | $2,650/mo | 0.58 |
| 33603 | 3.7% | -$917 | $403,745 | $2,200/mo | 0.57 |
| 33618 | 3.1% | -$1,301 | $472,948 | $2,300/mo | 0.48 |
| 33849 | 2.9% | -$1,132 | $384,554 | $1,780/mo | 0.45 |
| 33609 | 2.6% | -$1,936 | $614,583 | $2,690/mo | 0.41 |
| 33606 | 2.1% | -$3,052 | $849,529 | $3,260/mo | 0.33 |
| 33629 | 1.0% | -$4,622 | $1,025,330 | $2,790/mo | 0.15 |