Real Estate Investing in Tampa, Florida (33612)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33612 (Tampa, 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.
- Elevated vacancy: 9.6% vacancy may signal weakening demand.
- Elevated poverty: 26.0% poverty rate — can affect rent collection.
What’s happening in Tampa, FL (33612)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33612 Tampa
ZIP 33612 in Tampa, FL carries a durable set of headwinds. Home values near $301K and rents of $1,496/mo sit inside a market where underwriting has to be tight.
On the rental side, the numbers look inviting — $301K purchase price, 0.0% nominal cap — the work to hit that pro forma in 33612 is substantial and deserves full respect.
Statewide comparisons place 33612 among FL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A robust renter share of 64% in 33612 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. healthy returns are possible in 33612, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Tampa:
Property Strategy for 33612
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $106,404 | $1,500 | 10.1% | +8.1% | $106,404 |
| 2BR | $234,031 | $1,750 | 5.4% | +8.8% | $117,015 |
| 3BR | $323,349 | $2,240 | 5.0% | +8.8% | $107,783 |
| 4BR | $383,568 | $2,720 | 5.1% | +9.1% | $95,892 |
| 5BR | $539,095 | — | — | +8.8% | $107,819 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33612 Compare?
| Metric | 33612 | Tampa | Tampa-St. Petersburg-Clearwater, FL | Florida |
|---|---|---|---|---|
| Home Value | $301,034 | $413,704 | N/A | $374,697 |
| 5-Year CAGR | 6.1% | 5.0% | N/A | 7.4% |
| Avg Rent | $1,496 | $2,087 | N/A | - |
| Cap Rate | 3.9% | 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 33612 (Tampa, FL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 33612 (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 | $301,034 |
| Monthly Rent | $1,496 |
| Price-to-Rent | 16.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +3.8% ▲ |
| 3-Year CAGR | +1.5% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +10.5% ▲ |
🏠 Rent Trends
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +4.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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 33612
Population: 49,899
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 33612
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 7,261 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in Tampa, FL?
Median home price in Tampa, FL is near $301K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
What is the smart move for investors in Tampa, FL?
The best-fit strategy in Tampa, FL is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is FL a landlord-friendly state?
Tampa, FL falls under FL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is real estate in Tampa, FL a good investment right now?
Yes - Tampa, FL a 3.0/5 investability score. With $301K home prices against $1,496/mo monthly rent, the market delivers a reasonable entry point for new investors.
What do landlords charge for rent in Tampa, FL?
Rental rates in Tampa, FL average $1,496/mo. Tenant demand and $301K home values make the yield look reasonable by investor standards.
You know 33612 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 33612 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 33612 ranks in Tampa-St. Petersburg-Clearwater, FL
Every ZIP in this metro, ranked. Free.
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