Real Estate Investing in Thonotosassa, Florida (33592)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33592 (Thonotosassa, FL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 14.2% of homes vacant — above national norms.
What’s happening in Thonotosassa, FL (33592)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33592 Thonotosassa
This part of Hillsborough County is not an easy win. The 33592 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 33592 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader FL picture, 33592 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
In practical terms, 11,931 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Thonotosassa's stable or hybrid ZIPs before stepping into 33592. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Thonotosassa:
Property Strategy for 33592
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $230,958 | $1,450 | 4.5% | +9.1% | $115,479 |
| 3BR | $380,077 | $1,850 | 3.5% | +9.0% | $126,692 |
| 4BR | $503,368 | $2,260 | 3.2% | +9.1% | $125,842 |
| 5BR | $872,093 | — | — | +9.5% | $174,419 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33592 Compare?
| Metric | 33592 | Thonotosassa | Tampa-St. Petersburg-Clearwater, FL | Florida |
|---|---|---|---|---|
| Home Value | $414,926 | $414,926 | N/A | $374,697 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 7.4% |
| Avg Rent | $1,735 | $1,735 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 33592 (Thonotosassa, FL). Anonymous, moderated, never written by AI.
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Property managers serving Hillsborough County
Manage rentals here? List your business →Dennis Property Management offers rental agency and management services in the Tampa Bay area, including multi-family management, investor packages, and resources for homeowners and tenants. summary from their website
Gain Property Group offers commercial real estate brokerage, property and asset management, and investment opportunities. summary from their website
Ocean Blue Property Management offers residential, multi-family, commercial, and vacation property management services in Tampa Bay and Fort Myers. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $414,926 |
| Monthly Rent | $1,735 |
| Price-to-Rent | 19.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +1.8% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 33592
Population: 11,931
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 33592
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 6,202 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Do rentals sit vacant long in Thonotosassa, FL?
Rental vacancy in Thonotosassa, FL is elevated. Investors should budget normal turnover but not chronic empty units.
Can I live-in-and-rent in Thonotosassa, FL?
The house hack math a challenging in Thonotosassa, FL. Owner-occupant buyers benefit from the $1,735/mo rents and $415K home values.
How strong is Thonotosassa, FL for real estate investors?
Thonotosassa, FL scores 3.0/5 for investability. Home values sit at $415K and rents near $1,735/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What strategy should investors use in Thonotosassa, FL?
Investors usually favor careful cash-flow rentals with hands-on management in Thonotosassa, FL. With home values at $415K and rents near $1,735/mo, other strategies can work but produce even-keeled rather than outsized returns.
What do rentals go for in Thonotosassa, FL?
Rental rates in Thonotosassa, FL average $1,735/mo. Tenant demand and $415K home values make the yield look reasonable by investor standards.
You know 33592 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 33592 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 33592 ranks in Tampa-St. Petersburg-Clearwater, FL
Every ZIP in this metro, ranked. Free.
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