Real Estate Investing in Daytona Beach, Florida (32124)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32124 (Daytona Beach, FL)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 9.7% vacancy may signal weakening demand.
What’s happening in Daytona Beach, FL (32124)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32124 Daytona Beach
ZIP 32124 in Daytona Beach, FL carries a healthy set of headwinds. Home values near $437K and rents of $2,515/mo sit inside a market where underwriting has to be tight.
The 32124 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Daytona Beach have seen price recovery that 32124 has not matched. Volusia County data supports the view that the spread is structural rather than temporary.
Who lives in 32124 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. durable returns are possible in 32124, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Daytona Beach:
Property Strategy for 32124
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $459,314 | $2,360 | 3.7% | +7.9% | $229,657 |
| 3BR | $403,767 | $3,110 | 5.5% | +6.6% | $134,589 |
| 4BR | $438,995 | $3,370 | 5.5% | +7.3% | $109,749 |
| 5BR | $441,566 | — | — | — | $88,313 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32124 Compare?
| Metric | 32124 | Daytona Beach | Deltona-Daytona Beach-Ormond Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $437,098 | $281,666 | N/A | $374,697 |
| 5-Year CAGR | 4.9% | 3.2% | N/A | 7.4% |
| Avg Rent | $2,515 | $1,810 | N/A | - |
| Cap Rate | 4.5% | 5.2% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32124 (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 | $437,098 |
| Monthly Rent | $2,515 |
| Price-to-Rent | 14.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 9.4% |
📈 Home Appreciation
| 1-Year | -1.4% ▼ |
| 3-Year CAGR | -2.4% ▼ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | +1.1% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
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 32124
Population: 9,592
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 32124
Schools in This ZIP Code
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 investability score for Daytona Beach, FL?
Daytona Beach, FL records an investability rating of 3.0/5, with median home values near $437K and average rents around $2,515/mo. That combination puts it in the durable tier for investor interest.
Are homes affordable in Daytona Beach, FL?
Daytona Beach, FL median home values land near $437K. That is reasonable territory for investors looking at $2,515/mo-per-month rentals.
What do landlords charge for rent in Daytona Beach, FL?
Rent in Daytona Beach, FL is around $2,515/mo. The resulting rent-to-value relationship with $437K pricing is reasonable for most investor models.
What are vacancy rates like 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 $2,515/mo.
Are eviction rules reasonable in Daytona Beach, FL?
Daytona Beach, FL falls under FL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 32124 now. You don’t know where it ranks.
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How 32124 ranks in Deltona-Daytona Beach-Ormond Beach, FL
Every ZIP in this metro, ranked. Free.
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