Real Estate Investing in Ormond Beach, Florida (32176)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32176 (Ormond Beach, 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: 33.8% of homes vacant — above national norms.
What’s happening in Ormond Beach, FL (32176)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32176 Ormond Beach
ZIP 32176 inside Volusia County looks affordable on the surface — median value of $350K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 32176 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 32176 sits on the difficult end of the FL spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Demographically, 32176 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 32176 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Ormond Beach:
Property Strategy for 32176
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $189,781 | $1,460 | 5.5% | +6.6% | $189,781 |
| 2BR | $288,492 | $1,790 | 4.5% | +6.0% | $144,246 |
| 3BR | $432,421 | $2,360 | 3.9% | +6.9% | $144,140 |
| 4BR | $574,004 | $2,560 | 3.2% | +8.0% | $143,501 |
| 5BR | $1,147,624 | — | — | +10.4% | $229,525 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32176 Compare?
| Metric | 32176 | Ormond Beach | Deltona-Daytona Beach-Ormond Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $350,222 | $362,239 | N/A | $374,697 |
| 5-Year CAGR | 2.6% | 3.1% | N/A | 7.4% |
| Avg Rent | $2,248 | $2,093 | N/A | - |
| Cap Rate | 5.0% | 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 32176 (Ormond Beach, FL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 32176 (Ormond Beach, FL)?
~25 seconds · no account needed · your report is anonymous
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 | $350,222 |
| Monthly Rent | $2,248 |
| Price-to-Rent | 13.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.7% |
| Cap Rate | 5.0% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | -0.7% ▼ |
| 3-Year CAGR | -3.8% ▼ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 Rent Trends
| 1-Year | +0.1% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.0%). 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 32176
Population: 14,344
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 32176
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
Do landlords face vacancy issues in Ormond Beach, FL?
Rental vacancy in Ormond Beach, FL is elevated. Investors should budget normal turnover but not chronic empty units.
How viable is house hacking in Ormond Beach, FL?
The house hack math a challenging in Ormond Beach, FL. Owner-occupant buyers benefit from the $2,248/mo rents and $350K home values.
Which investment style suits Ormond Beach, FL?
A careful cash-flow rentals with hands-on management strategy Ormond Beach, FL best. The market produces steady results for that approach at the $350K price point.
What price range are homes in Ormond Beach, FL?
The median home value in Ormond Beach, FL is roughly $350K. That puts it reasonable relative to the FL statewide average.
How much rent can I charge in Ormond Beach, FL?
Ormond Beach, FL rentals go for roughly $2,248/mo a month. That puts gross yield in solid territory relative to $350K acquisition costs.
You know 32176 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 32176 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 32176 ranks in Deltona-Daytona Beach-Ormond Beach, FL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 32176 (Ormond Beach)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 32176 (Ormond Beach, FL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.