Real Estate Investing in Tampa, Florida (33619)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33619 (Tampa, FL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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 (33619)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33619 Tampa
ZIP 33619 in Tampa, FL carries a sturdy set of headwinds. Home values near $291K and rents of $1,952/mo sit inside a market where underwriting has to be tight.
The investment case in 33619 is sturdy only for operators who understand what they are buying. A $291K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader FL picture, 33619 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 33619 ZIP's population of 40,302 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
Strategically, 33619 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Tampa:
Property Strategy for 33619
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $160,801 | $1,910 | 8.6% | +7.4% | $160,801 |
| 2BR | $230,913 | $2,230 | 7.0% | +8.1% | $115,457 |
| 3BR | $287,617 | $2,850 | 7.1% | +9.2% | $95,872 |
| 4BR | $333,232 | $3,470 | 7.5% | +9.5% | $83,308 |
| 5BR | $414,625 | — | — | +9.2% | $82,925 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33619 Compare?
| Metric | 33619 | Tampa | Tampa-St. Petersburg-Clearwater, FL | Florida |
|---|---|---|---|---|
| Home Value | $291,076 | $413,704 | N/A | $374,697 |
| 5-Year CAGR | 5.9% | 5.0% | N/A | 7.4% |
| Avg Rent | $1,952 | $2,087 | N/A | - |
| Cap Rate | 5.2% | 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 33619 (Tampa, FL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 33619 (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 | $291,076 |
| Monthly Rent | $1,952 |
| Price-to-Rent | 12.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.1% |
| Cap Rate | 5.2% |
| 5-Year IRR | 11.2% |
📈 Home Appreciation
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +0.5% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +11.3% ▲ |
🏠 Rent Trends
| 1-Year | -3.2% ▼ |
| 3-Year CAGR | -0.7% ▼ |
| 5-Year CAGR | +3.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.2%). 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 33619
Population: 40,302
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 33619
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 2,800 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is the tenant base reliable in Tampa, FL?
Tampa, FL offers a steady renter base at the $1,952/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is Tampa, FL a good market for FHA house hackers?
The house hack math a challenging in Tampa, FL. Owner-occupant buyers benefit from the $1,952/mo rents and $291K home values.
How expensive is real estate in Tampa, FL?
In Tampa, FL the median home value sits at $291K. Against the broader FL market, that reads as reasonable for most investors.
What are rental rates like in Tampa, FL?
Tampa, FL rentals go for roughly $1,952/mo a month. That puts gross yield in solid territory relative to $291K acquisition costs.
What kind of vacancy should I budget for in Tampa, FL?
Expect elevated vacancy in Tampa, FL. Rents at $1,952/mo are absorbed by the tenant base without meaningful lag.
You know 33619 now. You don’t know where it ranks.
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How 33619 ranks in Tampa-St. Petersburg-Clearwater, FL
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