Real Estate Investing in Port Orange, Florida (32128)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32128 (Port Orange, 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 middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Port Orange, FL (32128)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32128 Port Orange
Not every below-median market is a bargain. Port Orange's 32128 ZIP reports signals that favor experienced operators who can absorb the risk $442K pricing implies.
The investment case in 32128 is substantial only for operators who understand what they are buying. A $442K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 32128 among FL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 32128 includes headwinds that any investor should price in. Income distribution skews lower than Port Orange averages, and tenant stability requires active management.
Strategy in 32128 is an operator game, not a passive one. Turning to rents, entry prices of $442K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Port Orange:
Property Strategy for 32128
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $272,563 | $2,050 | 5.4% | +7.2% | $136,282 |
| 3BR | $420,762 | $2,700 | 4.6% | +6.6% | $140,254 |
| 4BR | $536,029 | $2,910 | 3.9% | +7.7% | $134,007 |
| 5BR | $642,694 | — | — | +8.1% | $128,539 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32128 Compare?
| Metric | 32128 | Port Orange | Deltona-Daytona Beach-Ormond Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $442,216 | $361,083 | N/A | $374,697 |
| 5-Year CAGR | 3.5% | 3.2% | N/A | 7.4% |
| Avg Rent | $1,887 | $1,743 | N/A | - |
| Cap Rate | 3.3% | 3.9% | - | - |
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 32128 (Port Orange, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $442,216 |
| Monthly Rent | $1,887 |
| Price-to-Rent | 19.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | -0.7% ▼ |
| 3-Year CAGR | -1.7% ▼ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 Rent Trends
| 1-Year | -5.3% ▼ |
| 3-Year CAGR | -1.7% ▼ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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 32128
Population: 22,366
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 32128
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 average monthly rent in Port Orange, FL?
Expect rents around $1,887/mo per month in Port Orange, FL. With home values at $442K, the yield math works out to reasonable levels for rental investors.
How landlord-friendly is Port Orange, FL?
Landlord-friendliness in Port Orange, FL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Do rentals sit vacant long in Port Orange, FL?
Expect elevated vacancy in Port Orange, FL. Rents at $1,887/mo are absorbed by the tenant base without meaningful lag.
What type of investing works in Port Orange, FL?
A careful cash-flow rentals with hands-on management strategy Port Orange, FL best. The market produces even-keeled results for that approach at the $442K price point.
What kind of market is Port Orange, FL for investors?
Investors tracking Port Orange, FL will find a 3.0/5 rating supported by $442K median home values and $1,887/mo rents. That profile suits long-term holders targeting reliable returns.
You know 32128 now. You don’t know where it ranks.
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How 32128 ranks in Deltona-Daytona Beach-Ormond Beach, FL
Every ZIP in this metro, ranked. Free.
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