Real Estate Investing in Town 'n' Country, Florida (33615)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Hillsborough County • Population: 48,122 • Data updated: September 2026

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Should you buy in 33615 (Town 'n' Country, FL)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (58/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.5% vacancy may signal weakening demand.

What’s happening in Town 'n' Country, FL (33615)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $370,164
Avg Monthly Rent $1,611
1% Rule ✗ Does Not Meet
Median Income $61,761
% Renters 45.2%

Market Analysis: 33615 Town 'n' Country

This part of Hillsborough County is not an easy win. The 33615 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.

The 33615 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Regionally, 33615 sits on the difficult end of the FL spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.

In practical terms, 48,122 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.

The 33615 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Town 'n' Country:

B Good
Buy Confidence Score: 70/100
Affordability
10/25
Appreciation
22/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6× the median income
Value Trend
Stable (+2.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,611/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Tampa-St. Petersburg-Clearwater, FL Metro Area
More inventory, negotiating room for buyers
71 days
Average time to sell
Slow
10.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Tampa-St. Petersburg-Clearwater, FL metro data
🏠

Property Strategy for 33615

Which property type performs best in this market?

Best for Cash Flow
1BR
10.7% cap rate
Best for Appreciation
5BR
+9.5% 5yr CAGR
Best Overall Value
4BR
$116,882/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $131,985 $1,960 10.7% +7.7% $131,985
2BR $242,680 $2,290 6.8% +8.5% $121,340
3BR $373,792 $2,930 5.6% +9.2% $124,597
4BR $467,526 $3,560 5.5% +9.0% $116,882
5BR $588,057 +9.5% $117,611

Market Trends

Home Value History (with trend line)

$398K$333K$267K$201K$135K$69KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,815$1,626$1,437$1,248$1,059$870Jul 2016Jul 2021Jul 2026

📊 How Does 33615 Compare?

Metric 33615 Town 'n' Country Tampa-St. Petersburg-Clearwater, FL Florida
Home Value $370,164 $397,866 N/A $374,697
5-Year CAGR 6.3% 5.8% N/A 7.4%
Avg Rent $1,611 $1,775 N/A -
Cap Rate 3.4% 3.5% - -
💡 Why Invest in 33615? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 45% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 33615 (Town 'n' Country, 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

Small multifamily
Unclaimed — is this your business? Claim it free

Gain Property Group offers commercial real estate brokerage, property and asset management, and investment opportunities. summary from their website

Commercial
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Ocean Blue Property Management offers residential, multi-family, commercial, and vacation property management services in Tampa Bay and Fort Myers. summary from their website

Single-familySmall multifamilyCommercialShort-term rentals
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
3.4%
Low
5yr Growth
+6.3%
Strong

📊 Market Snapshot

Home Value $370,164
Monthly Rent $1,611
Price-to-Rent 19.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.2%
Cap Rate 3.4%
5-Year IRR 9.7%

📈 Home Appreciation

1-Year +2.0% ▲
3-Year CAGR +1.3% ▲
5-Year CAGR +6.3% ▲
10-Year CAGR +9.1% ▲

🏠 Rent Trends

1-Year -3.0% ▼
3-Year CAGR -1.5% ▼
5-Year CAGR +1.9% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 3.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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.

Vacancy
8.5%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.3%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 33615

Population: 48,122

💰 Median Household Income
$61,761
This area
$61,761
State
$70,737
USA
$74,580
🏠 Renter Occupied
45.2%
This area
45.2%
State
29.9%
USA
34.0%
💼 Unemployment Rate
4.1%
This area
4.1%
State
-18.0%
USA
3.7%
🎓 College Educated
29.1%
This area
29.1%
State
4.7%
USA
33.7%
👤 Median Age
38.5 years
This area
38.5 years
State
16.0 years
USA
38.9 years
🏚️ Vacancy Rate
8.5%
This area
8.5%
State
17.2%
USA
10.5%
👥 Population by Ethnicity
White 51.5%
Other/Mixed 37.0%
Hispanic/Latino 32.6%
Black/African American 8.1%
Asian 3.4%
👶 Under 18
20.6%
This area
20.6%
USA
22.0%
👴 65 and Over
12.6%
This area
12.6%
USA
17.3%
📊 Poverty Rate
9.6%
This area
9.6%
USA
11.5%

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 33615

B Avg School Grade
5 Schools
16.9:1 Avg Class Size
$11,744 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

DAVIS ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
534 Students
👨‍🏫
14.1:1 Class Size
💰
$11,744 Per Student
B Good

BELLAMY ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
605 Students
👨‍🏫
17.8:1 Class Size
💰
$11,744 Per Student
B Good

DICKENSON ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
604 Students
👨‍🏫
17.5:1 Class Size
💰
$11,744 Per Student
B Good

WOODBRIDGE ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
669 Students
👨‍🏫
15.9:1 Class Size
💰
$11,744 Per Student
B Good

BAY CREST ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
551 Students
👨‍🏫
19.0:1 Class Size
💰
$11,744 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

B+ Above Average

TOWN & COUNTRY ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
📍 6025 HANLEY RD, TAMPA
👥
401 Students
👨‍🏫
12.9:1 Class Size
💰
$11,744 Per Student
B Good

MORGAN WOODS ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
📍 7001 ARMAND DR, TAMPA
👥
494 Students
👨‍🏫
16.2:1 Class Size
💰
$11,744 Per Student
B Good

HORIZON CHARTER SCHOOL OF TAMPA

📚 K – 08 School Charter
📍 7235 W HILLSBOROUGH AVE, TAMPA
👥
312 Students
👨‍🏫
15.6:1 Class Size
💰
$11,744 Per Student
B Good

HILLSBOROUGH ACADEMY OF MATH AND SCIENCE

📚 K – 08 School Charter
📍 9659 W WATERS AVE, TAMPA
👥
835 Students
👨‍🏫
16.4:1 Class Size
💰
$11,744 Per Student
B Good

LOWRY ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
📍 11505 COUNTRY HOLLOW DR, TAMPA
👥
792 Students
👨‍🏫
18.4:1 Class Size
💰
$11,744 Per Student
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

8 Nearby
B
Faith Theological Seminary and Christian College
102 students · 0.9 mi
C
National Personal Training Institute-Tampa
26 students · 3.6 mi
C
Paul Mitchell the School-Tampa
136 students · 4.4 mi
C+
Summit Salon Academy
222 students · 4.7 mi
D
Arizona College of Nursing-Tampa
337 students · 4.9 mi
D
Shear Excellence Hair Academy
149 students · 5.0 mi
D
Concorde Career Institute-Tampa
132 students · 5.2 mi
D
South University-Tampa
720 students · 5.2 mi

Frequently Asked Questions

How much do tenants pay in Town 'n' Country, FL?

Expect rents around $1,611/mo per month in Town 'n' Country, FL. With home values at $370K, the yield math works out to reasonable levels for rental investors.

What real estate strategy is ideal for Town 'n' Country, FL?

For Town 'n' Country, FL, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

What kind of market is Town 'n' Country, FL for investors?

Investors tracking Town 'n' Country, FL will find a 3.0/5 rating supported by $370K median home values and $1,611/mo rents. That profile suits long-term holders targeting consistent returns.

Are homes affordable in Town 'n' Country, FL?

Town 'n' Country, FL median home values land near $370K. That is reasonable territory for investors looking at $1,611/mo-per-month rentals.

Do rentals sit vacant long in Town 'n' Country, FL?

Rental vacancy in Town 'n' Country, FL is elevated. Investors should budget normal turnover but not chronic empty units.

You know 33615 now. You don’t know where it ranks.

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How 33615 ranks in Tampa-St. Petersburg-Clearwater, FL

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Cash Flow → Appreciation → Affordable →
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