Real Estate Investing in Ormond Beach, Florida (32174)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32174 (Ormond 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: 9.8% vacancy may signal weakening demand.
What’s happening in Ormond Beach, FL (32174)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32174 Ormond Beach
This part of Volusia County is not an easy win. The 32174 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 32174 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Ormond Beach have seen price recovery that 32174 has not matched. Volusia County data supports the view that the spread is structural rather than temporary.
Looking more closely, 53,087 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 32174 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Ormond Beach:
Property Strategy for 32174
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $153,241 | $1,310 | 6.2% | +6.5% | $153,241 |
| 2BR | $246,785 | $1,610 | 4.7% | +6.0% | $123,392 |
| 3BR | $366,218 | $2,120 | 4.2% | +6.8% | $122,073 |
| 4BR | $514,105 | $2,440 | 3.4% | +8.2% | $128,526 |
| 5BR | $685,389 | — | — | +8.9% | $137,078 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32174 Compare?
| Metric | 32174 | Ormond Beach | Deltona-Daytona Beach-Ormond Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $374,257 | $362,239 | N/A | $374,697 |
| 5-Year CAGR | 3.7% | 3.1% | N/A | 7.4% |
| Avg Rent | $1,938 | $2,093 | N/A | - |
| Cap Rate | 4.0% | 4.5% | - | - |
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 32174 (Ormond Beach, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $374,257 |
| Monthly Rent | $1,938 |
| Price-to-Rent | 16.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | -0.6% ▼ |
| 3-Year CAGR | -1.9% ▼ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 Rent Trends
| 1-Year | -1.7% ▼ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +4.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). 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 32174
Population: 53,087
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 32174
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 2,963 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do experienced investors play Ormond Beach, FL?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Ormond Beach, FL. The numbers - $374K homes against $1,938/mo rents - support that play.
Does Ormond Beach, FL favor landlords or tenants?
Ormond Beach, FL operates under FL law, which is landlord-friendly overall for landlords. Expect reliable treatment in typical lease and eviction cases.
How much is rent in Ormond Beach, FL?
Ormond Beach, FL rentals go for roughly $1,938/mo a month. That puts gross yield in solid territory relative to $374K acquisition costs.
What kind of vacancy should I budget for in Ormond Beach, FL?
Occupancy in Ormond Beach, FL runs stable with elevated vacancy. Well-priced units at $1,938/mo lease on reasonable timelines.
What is the typical renter like in Ormond Beach, FL?
Tenant quality in Ormond Beach, FL ranks as solid. Landlords generally report consistent occupancy at market rents of $1,938/mo.
You know 32174 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 32174 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 32174 ranks in Deltona-Daytona Beach-Ormond Beach, FL
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