Real Estate Investing in Daytona Beach, Florida (32118)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32118 (Daytona Beach, FL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 39.8% of homes vacant — above national norms.
What’s happening in Daytona Beach, FL (32118)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32118 Daytona Beach
ZIP 32118 inside Volusia County looks affordable on the surface — median value of $292K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 32118 is resilient only for operators who understand what they are buying. A $292K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Daytona Beach have seen price recovery that 32118 has not matched. Volusia County data supports the view that the spread is structural rather than temporary.
Resident income in 32118 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 32118 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Daytona Beach:
Property Strategy for 32118
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $145,704 | $1,300 | 6.4% | +4.0% | $145,704 |
| 2BR | $275,981 | $1,600 | 4.2% | +4.4% | $137,990 |
| 3BR | $472,864 | $2,110 | 3.2% | +6.4% | $157,621 |
| 4BR | $498,760 | $2,290 | 3.3% | +5.7% | $124,690 |
| 5BR | $612,014 | — | — | +5.8% | $122,403 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32118 Compare?
| Metric | 32118 | Daytona Beach | Deltona-Daytona Beach-Ormond Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $291,932 | $281,666 | N/A | $374,697 |
| 5-Year CAGR | 2.4% | 3.2% | N/A | 7.4% |
| Avg Rent | $1,673 | $1,810 | N/A | - |
| Cap Rate | 4.5% | 5.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32118 (Daytona Beach, FL). Anonymous, moderated, never written by AI.
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Property managers serving Volusia County
Manage rentals here? List your business →Tempest Community Management provides top-level, personalized management services for community associations of all sizes, focusing on client collaboration and homeowner experience. summary from their website
Continental Property Services offers apartments for rent in Daytona Beach, Florida, including The Breakers, Indigo Pines, Oaks Of Lakebridge, and Sailpoint Bay. summary from their website
Daytona Property Management provides property management services. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $291,932 |
| Monthly Rent | $1,673 |
| Price-to-Rent | 14.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | -0.4% ▼ |
| 3-Year CAGR | -4.5% ▼ |
| 5-Year CAGR | +2.4% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 Rent Trends
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +5.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 32118
Population: 18,075
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 32118
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
PALM TERRACE ELEMENTARY SCHOOL
TURIE T. SMALL ELEMENTARY SCHOOL
CAMPBELL MIDDLE SCHOOL
MAINLAND HIGH SCHOOL
THE CHILES ACADEMY
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,857 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical home price in Daytona Beach, FL?
In Daytona Beach, FL the median home value sits at $292K. Against the broader FL market, that reads as reasonable for most investors.
Is the tenant base reliable in Daytona Beach, FL?
The renter base in Daytona Beach, FL is reasonable for the $1,673/mo price point. Screening well and pricing to market typically yields consistent tenants.
What approach is best for Daytona Beach, FL real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Daytona Beach, FL. The numbers - $292K homes against $1,673/mo rents - support that play.
Are there empty rentals in Daytona Beach, FL?
Vacancy in Daytona Beach, FL is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,673/mo.
Is Daytona Beach, FL good for landlords?
Daytona Beach, FL falls under FL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 32118 now. You don’t know where it ranks.
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How 32118 ranks in Deltona-Daytona Beach-Ormond Beach, FL
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