Real Estate Investing in Hawthorne, Florida (32640)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32640 (Hawthorne, FL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 18.7% 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 Hawthorne, FL (32640)?
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Market Analysis: 32640 Hawthorne
ZIP 32640 in Hawthorne, FL carries a sturdy set of headwinds. Home values near $232K and rents of $1,287/mo sit inside a market where underwriting has to be tight.
The 32640 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 32640 and stronger Hawthorne ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 32640 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 32640 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Hawthorne:
Property Strategy for 32640
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $157,032 | $1,430 | 6.6% | +8.0% | $78,516 |
| 3BR | $256,521 | $1,820 | 5.1% | +8.2% | $85,507 |
| 4BR | $344,325 | $1,890 | 4.0% | +8.1% | $86,081 |
Market Trends
Home Value History (with trend line)
📊 How Does 32640 Compare?
| Metric | 32640 | Hawthorne | Palatka, FL | Florida |
|---|---|---|---|---|
| Home Value | $232,207 | $232,207 | N/A | $374,697 |
| 5-Year CAGR | 3.5% | 3.5% | N/A | 7.4% |
| Avg Rent | $1,287 | $1,287 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
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 32640 (Hawthorne, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $232,207 |
| Monthly Rent | $1,287 |
| Price-to-Rent | 15.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.3% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | -0.2% ▼ |
| 3-Year CAGR | +0.0% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (4.3%). 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 32640
Population: 10,780
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 32640
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.
Frequently Asked Questions
What are rental rates like in Hawthorne, FL?
Rental rates in Hawthorne, FL average $1,287/mo. Tenant demand and $232K home values make the yield look reasonable by investor standards.
How do experienced investors play Hawthorne, FL?
The best-fit strategy in Hawthorne, FL is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Hawthorne, FL a good market for buy-and-hold investors?
Investors tracking Hawthorne, FL will find a 3.0/5 rating supported by $232K median home values and $1,287/mo rents. That profile suits long-term holders targeting stable returns.
How quickly do rentals get leased in Hawthorne, FL?
Hawthorne, FL carries elevated vacancy risk. Expect steady absorption at market rents of $1,287/mo.
Can I house hack in Hawthorne, FL?
Hawthorne, FL is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $232K price point reasonable to enter.
You know 32640 now. You don’t know where it ranks.
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How 32640 ranks in Palatka, FL
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