What is the rental yield in Davis Islands, Tampa, Florida?

The gross yield in Davis Islands, Tampa, Florida is 4.3%. That comes with prices about 71% above Tampa and 113% above Florida, plus prices up 6.5% over the past year. The Red Flag score is 74, which is a notable risk factor in the overall dataset.

How has Davis Islands, Tampa, Florida performed over the past year?

Prices in Davis Islands, Tampa, Florida are up 6.5% over the past year. Gross yield is 4.3%, while prices sit about 71% above Tampa and 113% above Florida. Walkability is 71 and the Red Flag score is 74, so the market shows momentum but also a higher risk reading.

How does Davis Islands, Tampa, Florida compare with Tampa?

Davis Islands, Tampa, Florida is priced about 71% above Tampa, with a gross yield of 4.3% and price growth of 6.5% over the past year. Walkability is 71, education is in the 50th percentile, and the Red Flag score is 74. Compared with Tampa, it is materially more expensive.

What are the walkability and education scores in Davis Islands, Tampa, Florida?

Davis Islands, Tampa, Florida has walkability of 71 and education in the 50th percentile. Those scores sit alongside prices about 71% above Tampa and 113% above Florida, a gross yield of 4.3%, and a Red Flag score of 74. Prices are up 6.5% over the past year.

Neighborhood

Davis Islands

Tampa, Florida US

Davis Islands, Tampa, Florida has a premium-price, moderate-yield investment profile, with prices about 71% above Tampa and 113% above Florida, and a gross yield of 4.3%. Prices are up 6.5% over the past year. The neighborhood has a Red Flag score of 74, walkability of 71, and education in the 50th percentile. The main strength is stronger walkability and price growth; the main risk is the elevated Red Flag score alongside above-market pricing.

AI Summary•Updated May 2026

Area

1.99 mi²

ZIP Code

33606

County

Hillsborough County

State

Florida

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5EPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$672,235

YoY+6.5%

Gross Rental Yield

4.3%

Listed rent · ZORI annualized

Red Flag Index

High

74 / 100

Walkability Score

Very Walkable

OpenStreetMap POI density · national percentile

Education Score

50 / 100

Fair · better than 50% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

Davis Islands Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Davis Islands, Tampa.

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$672,235	+6.5%
Price / Sq Ft (Verified)	$496/sqft	+7.1%
Asking Rent (Median)	$2,394/mo	+0.9%
Gross Rental Yield	4.3%	—
Liquidity Score	29 / 100	Low
Homes Sold (Period)	79	+19.7%

Is Davis Islands Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Florida crime context.

Red Flag Breakdown

74 / 100

High Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Flood100Very High

Hurricane100Very High

Tornado100Very High

Wildfire80Very High

Hail80Very High

Heat40Moderate

Strong Wind40Moderate

Earthquake20Low

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Florida averaged 16.9 crimes and 2.7 violent per 1,000 residents (-4.5% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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What Stands Out AI Insight

Appreciating market — +6.5% sale-price YoY

Highly walkable neighborhood — score 71/100

Active transaction volume — 79 homes sold last period

Flood risk is Very High (100/100)

Hurricane risk is Very High (100/100)

Insights are generated from Davis Islands's live DistrictScore metrics.

Davis Islands Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Florida-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

5.9 µg/m³ Meets EPA, above WHO guideline+33.8% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Davis Islands centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 48% of U.S. neighborhoods.

Florida Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	16.9	2.7	-4.5%
2023	18.0	2.9	-2.3%
2022	19.0	2.9	+4.4%
2021	18.6	3.4	-13.5%
2020	21.5	3.8	-13.7%
2019	25.2	3.8	—

Reported at the state level — the finest official US crime aggregation; Davis Islands inherits the Florida figures.

Radon Potential

EPA

Zone 2

Zone 2 — Moderate potential · Davis Islands

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Superfund (NPL)3.2 kmModerate

Industrial odor5 nearbyVery High

Point-source screening near Davis Islands: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Davis Islands

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

71

Very Walkable

Walkability Score

3

Grocery

25

Dining

1

Schools

3

Universities

1

Hospitals

0

Pharmacies

13

Parks

3

Rail Transit

0

Coworking

POI counts are amenities within Davis Islands's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Davis Islands vs Tampa vs Florida

How Davis Islands benchmarks against its city and state medians.

Benchmark vs City & State

Across Davis Islands, the median sale price sits about 71% above the median for Tampa neighborhoods and about 113% above the statewide median. Gross rental yield is 4.3%, against 5.3% for Tampa neighborhoods and 6.2% statewide. Over the past 12 months, prices rose 6.5%. Transaction liquidity sits below the median for Tampa neighborhoods and below the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Davis Islands	$496/sqft	4.3%	29
Tampa	$290/sqft	5.3%	32
Florida	$232/sqft	6.2%	36

Unlock the Davis Islands benchmark

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Buying Property in the US as a Foreigner

Federal & Florida tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.76% average effective rate (statewide average; set and collected locally).

State Income Tax

No state income tax — rental income is not taxed at the state level.

State Capital Gains

No state capital gains tax.

Transfer Tax

Real estate transfer tax: documentary stamp $0.70 per $100 ($0.60 in Miami-Dade).

Assessment Cap

Save Our Homes caps homestead assessment growth at 3%/CPI; reassessed to market value on sale.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents8

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

Homestead Exemption

Homestead: up to $50,000 off taxable value, plus unlimited protection from most creditors.

Senior & Veteran Exemptions

Extra $50,000 senior exemption plus property-tax discounts for veterans.

Foreign buyers (non-residents)6

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Foreign Ownership Restrictions

SB 264 restricts buyers from 7 countries of concern (incl. China) from residential property near sensitive sites. Verify first.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Florida property-tax guidance for foreign buyers

Latest Tampa Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

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Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Davis Islands Real Estate FAQ

Davis Islands, Tampa, Florida has a premium-price, moderate-yield profile, with prices about 71% above Tampa and 113% above Florida. Gross yield is 4.3%, and prices are up 6.5% over the past year. The Red Flag score is 74, so the overall risk reading is relatively elevated.

Neighborhoods near Davis Islands

Compare Davis Islands with nearby neighborhoods in Tampa.

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