Real Estate Investing in Caryville, Florida (32427)
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Should you buy in 32427 (Caryville, 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 middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Lower household income: $39,500 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Caryville, FL (32427)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32427 Caryville
The 32427 ZIP in Caryville, FL is a local-operator market. Outside capital chasing a $198K entry has to pair deep knowledge with the discount.
The 32427 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 32427 among FL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A significant renter share of 49% in 32427 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
appears 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 Caryville:
Market Trends
Home Value History (with trend line)
📊 How Does 32427 Compare?
| Metric | 32427 | Caryville | Florida |
|---|---|---|---|
| Home Value | $197,506 | $197,506 | $374,697 |
| 5-Year CAGR | 4.5% | 4.5% | 7.4% |
| Avg Rent | $936 | $936 | - |
| Cap Rate | 3.7% | 3.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32427 (Caryville, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $197,506 |
| Monthly Rent | $936 |
| Price-to-Rent | 17.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +2.9% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (3.7%). 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 32427
Population: 1,037
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What kind of market is Caryville, FL for investors?
Caryville, FL rates 3.0/5 for investability. With median values at $198K and rents near $936/mo, the market offers reasonable fundamentals for rental investors.
What are vacancy rates like in Caryville, FL?
Caryville, FL carries elevated vacancy risk. Expect predictable absorption at market rents of $936/mo.
What investment strategy works best in Caryville, FL?
Investors usually favor careful cash-flow rentals with hands-on management in Caryville, FL. With home values at $198K and rents near $936/mo, other strategies can work but produce consistent rather than outsized returns.
Is rental property easy to operate in Caryville, FL?
FL ranks as a landlord-friendly state for landlord-tenant law. Caryville generally follows the statewide framework, so landlords face reasonable operating rules.
What price range are homes in Caryville, FL?
Homes in Caryville, FL typically sell near $198K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
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