Real Estate Investing in Havana, Florida (32333)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32333 (Havana, FL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.5% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Havana, FL (32333)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32333 Havana
ZIP 32333 inside Gadsden County looks affordable on the surface — median value of $269K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $269K asset, 32333 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 32333's metrics run below Gadsden County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 32333 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.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Havana:
Property Strategy for 32333
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $163,210 | $1,190 | 5.2% | +7.5% | $81,605 |
| 3BR | $271,552 | $1,500 | 4.0% | +8.2% | $90,517 |
| 4BR | $382,253 | $1,650 | 3.1% | +8.0% | $95,563 |
Market Trends
Home Value History (with trend line)
📊 How Does 32333 Compare?
| Metric | 32333 | Havana | Tallahassee, FL | Florida |
|---|---|---|---|---|
| Home Value | $268,857 | $268,857 | N/A | $374,697 |
| 5-Year CAGR | 5.3% | 5.3% | N/A | 7.4% |
| Avg Rent | $1,071 | $1,071 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 32333 (Havana, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $268,857 |
| Monthly Rent | $1,071 |
| Price-to-Rent | 20.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | -0.4% ▼ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). 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 32333
Population: 11,379
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 32333
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 12,865 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What price range are homes in Havana, FL?
Typical homes in Havana, FL go for around $269K. The 5-year CAGR of 0.0% reliable price movement.
How much do tenants pay in Havana, FL?
Rental rates in Havana, FL average $1,071/mo. Tenant demand and $269K home values make the yield look reasonable by investor standards.
What investment strategy works best in Havana, FL?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Havana, FL. The numbers - $269K homes against $1,071/mo rents - support that play.
Is Havana, FL good for house hacking?
House hacking works a challenging in Havana, FL. Rents of $1,071/mo against $269K acquisition make the strategy solid for owner-occupants.
Are landlord laws favorable in Havana, FL?
FL ranks as a landlord-friendly state for landlord-tenant law. Havana generally follows the statewide framework, so landlords face reasonable operating rules.
You know 32333 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 32333 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 32333 ranks in Tallahassee, FL
Every ZIP in this metro, ranked. Free.
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