BRRRR Investing in Tampa, FL

BRRRR Score: 4.3/10Ranked #33 of 52 markets

Data-driven brrrr analysis for Tampa, FL — score breakdown, key investment metrics, and how it compares to other markets.

Last updated: May 2026

Score Breakdown

BRRRR Score:4.3
Cap Rate(30%)
5.5%3.2
Affordable Entry Price(25%)
$350,0006.0
Rent-to-Price Ratio(25%)
0.50%2.4
Population Growth(20%)
+9.0%6.5

Key Metrics for BRRRR

Median Price

$350,000

Higher entry

Cap Rate

5.5%

Moderate

Rent-to-Price

0.50%

Post-refi cash flow indicator

Pop. Growth

+9.0%

5-year trend

BRRRR Investment Thesis

Tampa is a top Sun Belt migration destination with strong rent growth. No state income tax boosts effective returns, but rising insurance costs are the biggest risk factor for investors.

How Tampa Compares

RankCityBRRRR ScoreCap RateMedian Price
#30Knoxville, TN4.45.8%$270,000
#31Orlando, FL4.45.3%$355,000
#32Dallas, TX4.35.7%$340,000
#33Tampa, FL4.35.5%$350,000
#34Minneapolis, MN4.16.1%$295,000
#35Philadelphia, PA4.15.6%$240,000
#36Nashville, TN4.15.2%$400,000

Showing markets ranked near Tampa for this strategy.

Quick Math: Estimated Annual Return

Annual Gross Rent ($1,750/mo)$21,000
Less: Vacancy (7.8%)-$1,638
Less: Property Tax (0.86%)-$3,010
Less: Insurance (~0.5%)-$1,750
Less: Maintenance (~1.5%)-$5,250
Estimated NOI$9,352
Implied Cap Rate2.7%

Based on median market data. Your actual returns will vary based on specific property, financing, and management costs. Always run your own analysis before investing.

Frequently Asked Questions

What is the brrrr score for Tampa, FL?

Tampa, FL scores 4.3 out of 10 on our brrrr score, ranking #33 out of 52 markets we track. Weighted composite: cap rate (30%), affordable entry price (25%), rent-to-price ratio (25%), population growth (20%). Scale 0–10.

Is Tampa a good city for brrrr investing?

Tampa, FL ranks #33 for brrrr investing with a score of 4.3/10. While not a top-ranked market for this strategy, it may have strengths in other investing approaches.

What is the average cap rate in Tampa?

The average cap rate in Tampa, FL is 5.5%. The median home price is $350,000 with a median monthly rent of $1,750, resulting in a rent-to-price ratio of 0.50%.

What are the property taxes in Tampa?

The effective property tax rate in Tampa, FL is 0.86%. On a $350,000 property, that translates to approximately $3,010 per year in property taxes.

How does Tampa compare to other brrrr markets?

Among our 52 tracked markets, Tampa, FL ranks #33 for brrrr investing. Other markets may be stronger for this particular strategy, though it may excel in different approaches.

What is the typical entry price for BRRRR deals in Tampa?

The median home price in Tampa, FL is $350,000. Distressed BRRRR-eligible properties typically sell for 60-70% of median value, putting estimated acquisition costs around $227,500. After rehab, the goal is to refinance at or near the full $350,000 after-repair value.

Run Your Own Numbers for Tampa

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