Real Estate Investing in Marianna, Florida (32448)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32448 (Marianna, 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: 13.2% of homes vacant — above national norms.
- Elevated poverty: 20.4% poverty rate — can affect rent collection.
- Lower household income: $31,427 median — tenant affordability is tighter.
What’s happening in Marianna, FL (32448)?
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Market Analysis: 32448 Marianna
The 32448 ZIP in Marianna, FL is a local-operator market. Outside capital chasing a $167K entry has to pair deep knowledge with the discount.
The investment case in 32448 is impressive only for operators who understand what they are buying. A $167K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within FL, ZIP 32448 trails on several market indicators that neighboring Jackson County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
The 32448 ZIP's population of 8,041 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
The right play in 32448 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 Marianna:
Property Strategy for 32448
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $118,010 | $1,060 | 6.5% | +5.2% | $59,005 |
| 3BR | $204,297 | $1,390 | 4.9% | +8.0% | $68,099 |
| 4BR | $266,154 | $1,400 | 3.8% | +8.3% | $66,539 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32448 Compare?
| Metric | 32448 | Marianna | Florida |
|---|---|---|---|
| Home Value | $167,316 | $194,397 | $374,697 |
| 5-Year CAGR | 3.9% | 4.4% | 7.4% |
| Avg Rent | $1,200 | $1,118 | - |
| Cap Rate | 5.6% | 4.6% | - |
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 32448 (Marianna, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $167,316 |
| Monthly Rent | $1,200 |
| Price-to-Rent | 11.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.6% |
| Cap Rate | 5.6% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +8.3% ▲ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 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 (5.6%). 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 32448
Population: 8,041
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 32448
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
Frequently Asked Questions
How strong is the working-renter base in Marianna, FL?
The renter base in Marianna, FL is reasonable for the $1,200/mo price point. Screening well and pricing to market typically yields even-keeled tenants.
Is Marianna, FL a good market for FHA house hackers?
Marianna, FL offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,200/mo rent level.
Are landlord laws favorable in Marianna, FL?
Rental owners in Marianna, FL deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How much do tenants pay in Marianna, FL?
Expect rents around $1,200/mo per month in Marianna, FL. With home values at $167K, the yield math works out to reasonable levels for rental investors.
What is the median home value in Marianna, FL?
Typical homes in Marianna, FL go for around $167K. The 5-year CAGR of 0.0% predictable price movement.
You know 32448 now. You don’t know where it ranks.
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