Real Estate Investing in South Daytona, Florida (32119)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32119 (South Daytona, 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: 12.8% of homes vacant — above national norms.
What’s happening in South Daytona, FL (32119)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32119 South Daytona
ZIP 32119 inside Volusia County looks affordable on the surface — median value of $251K — but the discount exists for reasons that a careful buyer should understand before committing.
In practical terms, the numbers look inviting — $251K purchase price, 0.0% nominal cap — the work to hit that pro forma in 32119 is substantial and deserves full respect.
ZIP 32119's metrics run below Volusia County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A resilient renter share of 38% in 32119 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 32119 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 South Daytona:
Property Strategy for 32119
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $134,103 | $1,430 | 7.7% | -1.1% | $134,103 |
| 2BR | $185,603 | $1,760 | 6.8% | +5.5% | $92,802 |
| 3BR | $278,878 | $2,320 | 6.0% | +6.0% | $92,959 |
| 4BR | $354,899 | $2,510 | 5.1% | +6.5% | $88,725 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32119 Compare?
| Metric | 32119 | South Daytona | Deltona-Daytona Beach-Ormond Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $251,043 | $251,043 | N/A | $374,697 |
| 5-Year CAGR | 3.6% | 3.6% | N/A | 7.4% |
| Avg Rent | $1,548 | $1,548 | N/A | - |
| Cap Rate | 4.8% | 4.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32119 (South Daytona, 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 | $251,043 |
| Monthly Rent | $1,548 |
| Price-to-Rent | 13.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.4% |
| Cap Rate | 4.8% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | -1.7% ▼ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | +3.8% ▲ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | +3.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.8%). 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 32119
Population: 22,562
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 32119
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
HORIZON ELEMENTARY SCHOOL
PALM TERRACE ELEMENTARY SCHOOL
SUGAR MILL ELEMENTARY SCHOOL
SILVER SANDS MIDDLE SCHOOL
TURIE T. SMALL ELEMENTARY SCHOOL
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
Should investors consider South Daytona, FL?
With a 3.0/5 investability score, South Daytona, FL ranks as a solid market for rental property investors. Median prices of $251K and rents of $1,548/mo drive the underlying numbers.
What monthly rent should investors expect in South Daytona, FL?
Rental rates in South Daytona, FL average $1,548/mo. Tenant demand and $251K home values make the yield look reasonable by investor standards.
What is the typical home price in South Daytona, FL?
Homes in South Daytona, FL typically sell near $251K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
Is vacancy a concern in South Daytona, FL?
Expect elevated vacancy in South Daytona, FL. Rents at $1,548/mo are absorbed by the tenant base without meaningful lag.
What is the best play in South Daytona, FL?
For South Daytona, FL, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 32119 now. You don’t know where it ranks.
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How 32119 ranks in Deltona-Daytona Beach-Ormond Beach, FL
Every ZIP in this metro, ranked. Free.
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