Real Estate Investing in Tampa, Florida (33610)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33610 (Tampa, FL)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Tampa, FL (33610)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33610 Tampa
Not every below-median market is a bargain. Tampa's 33610 ZIP comes in at signals that favor experienced operators who can absorb the risk $280K pricing implies.
Rent of $1,837/mo on a $280K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 33610 sits below the stated 0.0% once reality is priced in.
Within FL, ZIP 33610 trails on several market indicators that neighboring Hillsborough County submarkets outperform. The gap is real and impressive enough to shape underwriting.
Employment concentration in 33610 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Tampa's stable or hybrid ZIPs before stepping into 33610. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Tampa:
Property Strategy for 33610
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $153,135 | $1,480 | 7.0% | +7.9% | $153,135 |
| 2BR | $220,955 | $1,730 | 5.6% | +8.2% | $110,478 |
| 3BR | $283,326 | $2,210 | 5.6% | +8.6% | $94,442 |
| 4BR | $329,499 | $2,690 | 5.9% | +8.8% | $82,375 |
| 5BR | $383,256 | — | — | +8.7% | $76,651 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33610 Compare?
| Metric | 33610 | Tampa | Tampa-St. Petersburg-Clearwater, FL | Florida |
|---|---|---|---|---|
| Home Value | $280,338 | $413,704 | N/A | $374,697 |
| 5-Year CAGR | 5.9% | 5.0% | N/A | 7.4% |
| Avg Rent | $1,837 | $2,087 | N/A | - |
| Cap Rate | 5.1% | 3.9% | - | - |
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 33610 (Tampa, FL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 33610 (Tampa, FL)?
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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 | $280,338 |
| Monthly Rent | $1,837 |
| Price-to-Rent | 12.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | 11.0% |
📈 Home Appreciation
| 1-Year | +2.1% ▲ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +11.8% ▲ |
🏠 Rent Trends
| 1-Year | -1.5% ▼ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +4.0% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.1%). 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 33610
Population: 45,396
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 33610
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
Frequently Asked Questions
What price range are homes in Tampa, FL?
The median home value in Tampa, FL is roughly $280K. That puts it reasonable relative to the FL statewide average.
Are renters plentiful in Tampa, FL?
Tampa, FL draws a measured base of working renters. Demand at the $1,837/mo rent level is reasonable for standard single-family and small multi rentals.
Does Tampa, FL make sense for an investment property?
The 3.0/5 investability rating in Tampa, FL reflects its $280K prices and $1,837/mo rents. Investors generally consider it a solid option within FL.
How much rent can I charge in Tampa, FL?
Tampa, FL rentals go for roughly $1,837/mo a month. That puts gross yield in solid territory relative to $280K acquisition costs.
Is rental property easy to operate in Tampa, FL?
The landlord environment in Tampa, FL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 33610 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 33610 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 33610 ranks in Tampa-St. Petersburg-Clearwater, FL
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