OFF_MARKETGood Deal12 days on market

2131 W Cypress St

2131 W Cypress St, Tampa, FL 33606, Tampa, FL 33606
$489,900
Zestimate®:$467,700

Listing Price

Property image 1
2131 W Cypress St, Tampa, FL 33606
Loc: Tampa, FL
Days Listed
12
Tax Assessed
$254k
Zestimate®
$468k
Market Rate
Lot Size
4,750 sqft
Rent Estimate
$3,258/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

West Tampa Elementary School

PK-5
0.7 mi away
5

Madison Middle School

6-8
4 mi away
3

Jefferson High School

9-12
2.3 mi away
Haven Underwritten Market·Prime (>= 1.25x)

Tampa, FL Investment Analysis (2026)

Cap Rate Range: 5.8% - 6.9% · Median Rent: $2,600/mo · Effective Tax: 0.91%

Open Tampa Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
6.32%
Total ROI
21.2%
Cash Flow
$101/mo
DSCR
1.04
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-07Sold$470,000$344
2026-04-28Pending sale$489,900$358
2026-02-24Listed for sale$489,900$358
2026-02-08Listing removed$479,000$350
2026-01-28Price change$479,000$350
2025-11-11Listing removed$3,000$2
2025-10-18Price change$3,000$2
2025-09-25Listed for sale$499,000$365
2025-09-16Listed for rent$3,550$3
2024-11-24Listing removed$225,000$164
2024-08-06Price change$550,000$402
2024-07-09Price change$579,000$423
2024-05-29Listed for sale$599,900$439
2024-05-25Listing removed$0
2024-05-17Price change$3,700$3
2024-03-08Price change$3,850$3
2024-01-19Price change$3,950$3
2023-11-24Listing removed$0
2023-11-01Price change$4,200$3
2023-10-17Price change$4,850$4
2023-09-17Listed for rent$6,000$4
2021-11-24Sold$230,000$168
2021-11-08Pending sale$225,000$164
2021-11-06Listed for sale$225,000$164
2021-10-17Pending sale$225,000$164
2021-10-15Listed for sale$225,000$164

Tax History

YearProperty TaxTax Assessment
2025$5,205.23$253,678
2024$5,002.52$253,678
2023$4,637.88$231,770
2022$3,396.72$166,994
2021$1,902.82$74,412
2020$1,661.39$67,647
2019$1,550.01$61,497
2018$1,550.01$77,859
2017$1,420.99$63,295
2016$1,261.37$44,869
2015$1,099.76$40,790
2014$805.89$36,788
2013$805.89$37,364
2012$156.21$30,580
2011$162.09$30,842
2010$127.75$29,278
2009$111.69$28,508
2008$71.51$28,480
2007$92.76$27,650
2006$82.29$26,976
2005$64.73$26,190
2004$0$25,427
2003$0$24,953
2002$0$24,368
2001$0$23,984
2000$0$35,662
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,368
Built
1926
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $489,900Rent Basis: Observed Comp Model ($3,258/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $245/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.04%

NOI: $24,678/yr

Cash-on-Cash Yield
-5.2%

On $112,677 invested

DSCR Ratio
0.81x

Negative debt coverage

5-Yr Leveraged ROI
+68.3%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$207/mo
Homeowner / Hazard Insurance-$245/mo
Vacancy Reserve (5% of rent)-$163/mo
Repairs & Maintenance (10% of rent)-$326/mo
Property Management (8% of rent)-$261/mo
Total Pure Operating Expenses-$1,202/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,258/mo
Less: Operating Expenses-$1,202/mo
Net Operating Income (NOI)+$2,056/mo
Less: Debt Service (30yr @ 6.75%)-$2,542/mo
Net Cash Flow
$-485/mo
$-5,826/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Tampa.