Dara Property
Buy a rental in Tampa, from your phone
Tampa pairs steady population growth with entry prices from around $290k, well under the big coastal gateways. Its renter base is anchored by a working port, a major medical district, and MacDill Air Force Base. Dara is built to run the structure: LLC, partner-lender financing, and a remote closing.
Texas is Dara's launch market. Florida opens as Dara expands to landlord-friendly states.
- No SSN needed for the loan
- Qualify on the home's rent
- Up to 70% financing, terms vary
- Typically closed remotely
Growth priced under the gateways
Tampa has spent a decade absorbing new residents faster than most large US metros. The price of entry has not kept pace with the bigger coastal gateways. Typical properties start around $290k, with median rents near $1,950 a month, around 6.2% gross yield before expenses. That combination is the draw: a growing coastal metro at a mid-tier price. You are buying population growth, not paying a premium for a name. Figures are illustrative and confirmed per property at qualification.
Port, hospitals, and a base
Tampa's rental demand is anchored by institutions that do not relocate. Port Tampa Bay moves cargo year-round and employs across shipping and logistics. MacDill Air Force Base rotates military households on multi-year assignments, a steady stream of qualified tenants who rent by default. Tampa General Hospital and the University of South Florida add medical staff, researchers, and students. Finance and insurance back offices have expanded in the metro as well. Each anchor produces renters on its own cycle, which typically smooths vacancy across the year.
Not a vacation market
Florida real estate often gets read as vacation property. Tampa is not that market. Its renters are employed locals, port workers, hospital staff, military families, back-office professionals, who sign twelve-month leases and often renew. Demand does not swing with tourist season the way it typically does in Florida's resort towns. For a remote owner, that matters: an employment-driven market means a property manager can keep a lease in place without your involvement. You are underwriting jobs, not vacations. That is a simpler asset to hold from abroad.
The rent qualifies you
Partner lenders underwrite a Tampa purchase on the home's projected rent (DSCR), not your US income or credit. No SSN and no US credit history required, and no citizenship or residency requirement to own US real estate. Financing covers up to 70% of the property's value, with terms set per property. Dara is built to stand up the LLC, EIN, and US bank account. Appraisal, inspection, title, and insurance run digitally, and closing typically runs remotely. Your money moves at the mid-market rate with no wire fees. Nothing in the process requires you to set foot in Florida.
Storms are a line item
Tampa sits on the Gulf, and Gulf exposure has a price. Property insurance in coastal Florida runs high, and premiums have climbed in recent years. Wind coverage (and flood coverage in some zones) belongs in your expense model from day one. Florida offsets part of this: the state levies no income tax. Tampa's roughly 6.2% gross yield is quoted before these costs. Run the net number with insurance quoted for the specific property, not a state average. The gap between gross and net is typically wider here than in inland markets.
Run the numbers
Estimate the return on a Tampa rental
Operating costs come pre-filled for Tampa. Adjust the price, rent, and down payment to match a specific home and see cash flow, cap rate, and cash-on-cash return.
Share of the purchase price paid upfront. 100% is an all-cash purchase.
Operating costs seeded from illustrative Tampa assumptions: property tax 0.9% of price, insurance $3,600/yr, management 10% of income, maintenance 5% of rent, vacancy 5%. Financed scenarios model an 8.5% fixed rate over 30 years. Cash-on-cash includes 3% modeled closing costs. Illustrative; confirmed per property at qualification.
Monthly cash flow
After operating expenses
Cap rate
Cash-on-cash
Net operating income / yr
Why Dara
The same purchase, three ways.
| Dara | Traditional US bank | All cash | |
|---|---|---|---|
| US credit history | Not needed for the loan | Required | Not needed |
| SSN | Not needed for the loan | Usually required | Not needed |
| Financing | Up to 70% via partner lenders, terms vary | Case-by-case for foreign buyers | None, 100% your capital |
| Closing | Remote and digital, start to finish | In-person steps, slow paperwork | Remote, but you run it |
| Moving money | Mid-market rate in your wallet | Wire fees + FX markups | Wire fees + FX markups |
| Management | Dara manages by default, or your own manager | You find one | You find one |
Buyer stories
What buying from abroad looks like.
Illustrative scenario
Years of savings, no green card, and a US mortgage that still looked impossible. Dara maps the whole purchase before the first call.
Illustrative scenario
The LLC, the EIN, the bank account: the boring parts done in days. The buyer picks the house; Dara runs the rest.
Illustrative scenario
Rent lands in the wallet next to the money going home. One app, both directions.
Illustrative scenarios, not customer reviews. Real buyer stories land here at launch.
Tampa property FAQ
How does hurricane risk affect a Tampa rental?
Primarily as an insurance cost you must underwrite. Wind coverage (and flood coverage in designated zones) is quoted per property during diligence, and the projected rent must still cover the debt after those premiums. Treat insurance as a first-class line in any Tampa model, not a rounding error.
What does around $290k buy in Tampa?
An entry-tier rental that typically lets near the metro median of $1,950 a month, around 6.2% gross yield before insurance, taxes, and management. Property type varies by submarket, so the specific numbers are confirmed during qualification.
Is Tampa's rental demand seasonal like other Florida markets?
Less than most. Tampa's renters are tied to year-round employers, the port, hospitals, MacDill Air Force Base, and the university, rather than tourism. Twelve-month leases are the norm, so occupancy typically does not track tourist season.
Do I need to visit Tampa before closing?
No. Appraisal, inspection, title, and insurance run digitally, and closing typically runs remotely. After closing, a local property manager becomes your presence on the ground.
Ready to buy a rental in Tampa?
See what you qualify for in about two minutes. No credit pull.