Rent report generated Dec 3, 2024
The Rent Potential of
803 E North St Tampa, Florida
is $1,395 – $2,200/mo.
Rent Advice
This property in Tampa has a rent potential ranging from $1,395 to $2,200, based on current market trends for similar single-family homes in the area. With a projected revenue ranging from approximately $16.7K to $26.4K annually, the payback period on the investment could be reasonable, provided rental demand remains strong. The neighborhood trends indicate a stable market with potential growth, enhancing rental prospects. However, considering it's a single-family home, the rental scalability is limited, which poses a challenge.
To maximize the rental value, consider upgrades such as modernizing the kitchen and bathroom, as well as enhancing curb appeal. Energy-efficient appliances and smart home features could also attract higher-paying tenants. If considering selling, timing the market strategically could yield a better return, especially if neighborhood development plans are in motion. Keeping abreast of local housing trends will be crucial.
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The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.