Real Estate Investing in Port Orange, Florida (32129)
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Should you buy in 32129 (Port Orange, FL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 10.6% vacancy may signal weakening demand.
What’s happening in Port Orange, FL (32129)?
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Market Analysis: 32129 Port Orange
The 32129 ZIP covers a section of Port Orange that demands careful diligence. Prices near $287K look accessible, but the work to make a deal cash flow is real.
From an investor standpoint, the numbers look inviting — $287K purchase price, 0.0% nominal cap — the work to hit that pro forma in 32129 is substantial and deserves full respect.
Within FL, ZIP 32129 trails on several market indicators that neighboring Volusia County submarkets outperform. The gap is real and durable enough to shape underwriting.
A impressive renter share of 30% in 32129 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 32129 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 Port Orange:
Property Strategy for 32129
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $216,561 | $1,850 | 6.2% | +5.7% | $108,281 |
| 3BR | $299,611 | $2,440 | 5.9% | +6.2% | $99,870 |
| 4BR | $395,592 | $2,640 | 4.8% | +6.1% | $98,898 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32129 Compare?
| Metric | 32129 | Port Orange | Deltona-Daytona Beach-Ormond Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $286,553 | $361,083 | N/A | $374,697 |
| 5-Year CAGR | 3.1% | 3.2% | N/A | 7.4% |
| Avg Rent | $1,686 | $1,743 | N/A | - |
| Cap Rate | 4.6% | 3.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32129 (Port Orange, 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 | $286,553 |
| Monthly Rent | $1,686 |
| Price-to-Rent | 14.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | -0.7% ▼ |
| 3-Year CAGR | -1.3% ▼ |
| 5-Year CAGR | +3.1% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 Rent Trends
| 1-Year | -3.1% ▼ |
| 3-Year CAGR | -1.6% ▼ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). 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 32129
Population: 23,356
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 32129
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
SOUTH DAYTONA 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
Is rental property easy to operate in Port Orange, FL?
Port Orange, FL falls under FL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is the tenant base reliable in Port Orange, FL?
Port Orange, FL draws a measured base of working renters. Demand at the $1,686/mo rent level is reasonable for standard single-family and small multi rentals.
Is house hacking profitable in Port Orange, FL?
House hacking in Port Orange, FL is a challenging. With home values around $287K and rents at $1,686/mo, owner-occupants can offset a meaningful share of PITI.
What monthly rent should investors expect in Port Orange, FL?
Expect rents around $1,686/mo per month in Port Orange, FL. With home values at $287K, the yield math works out to reasonable levels for rental investors.
What is the median home value in Port Orange, FL?
Median home price in Port Orange, FL is near $287K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
You know 32129 now. You don’t know where it ranks.
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How 32129 ranks in Deltona-Daytona Beach-Ormond Beach, FL
Every ZIP in this metro, ranked. Free.
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