Tampa ranked 3rd best city to buy investment property

Tampa‘s real estate market is one of the best in the country for investors, according to a new study.

Looking at major metropolitan areas, IPX1031 recently found that property investors stand to make a pretty penny in Tampa. The study analyzed five key metrics in big cities nationwide with populations over 300,000.

Highlights include:

  • Ranking: 3
  • Median home value: $224,900
  • Home value to rent ratio: 141
  • Annual property tax: $2,301
  • Population growth: 14%
  • Annual return: $6,459

See the full list of rankings here.

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