Real Estate Investing in Sopchoppy, Florida (32358)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32358 (Sopchoppy, 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.
- High vacancy: 47.8% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Sopchoppy, FL (32358)?
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Market Analysis: 32358 Sopchoppy
The 32358 ZIP in Sopchoppy, FL is a local-operator market. Outside capital chasing a $279K entry has to pair deep knowledge with the discount.
The investment case in 32358 is solid only for operators who understand what they are buying. A $279K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
From an investor standpoint, 32358 offers a low basis, the region around Sopchoppy has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 32358 ZIP's population of 1,813 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
The 32358 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Sopchoppy:
Property Strategy for 32358
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $193,388 | $1,110 | 4.1% | +7.3% | $96,694 |
| 3BR | $310,117 | $1,490 | 3.5% | +6.5% | $103,372 |
Market Trends
Home Value History (with trend line)
📊 How Does 32358 Compare?
| Metric | 32358 | Sopchoppy | Tallahassee, FL | Florida |
|---|---|---|---|---|
| Home Value | $279,193 | $279,193 | N/A | $374,697 |
| 5-Year CAGR | 4.0% | 4.0% | N/A | 7.4% |
| Avg Rent | $999 | $999 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32358 (Sopchoppy, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $279,193 |
| Monthly Rent | $999 |
| Price-to-Rent | 23.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +1.4% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (2.8%). 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 32358
Population: 1,813
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
Frequently Asked Questions
What is the rental occupancy rate in Sopchoppy, FL?
Sopchoppy, FL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How strong is Sopchoppy, FL for real estate investors?
Sopchoppy, FL scores 3.0/5 for investability. Home values sit at $279K and rents near $999/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Can owner-occupants cash flow in Sopchoppy, FL?
Sopchoppy, FL offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $999/mo rent level.
Is rental property easy to operate in Sopchoppy, FL?
The landlord environment in Sopchoppy, FL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What is the median home value in Sopchoppy, FL?
Typical homes in Sopchoppy, FL go for around $279K. The 5-year CAGR of 0.0% predictable price movement.
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How 32358 ranks in Tallahassee, FL
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