Real Estate Investing in Reddick, Florida (32686)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32686 (Reddick, FL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 16.1% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 30.5 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Reddick, FL (32686)?
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Market Analysis: 32686 Reddick
Investors eyeing 32686 need to respect the fundamentals at play. Home values of $395K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 32686 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 32686 sits on the difficult end of the FL spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
The 32686 ZIP's population of 5,531 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
Strategically, 32686 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 Reddick:
Property Strategy for 32686
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $194,819 | $1,200 | 4.4% | +9.2% | $97,410 |
| 3BR | $395,203 | $1,530 | 2.8% | +11.1% | $131,734 |
Market Trends
Home Value History (with trend line)
📊 How Does 32686 Compare?
| Metric | 32686 | Reddick | Ocala, FL | Florida |
|---|---|---|---|---|
| Home Value | $394,819 | $394,819 | N/A | $374,697 |
| 5-Year CAGR | 7.6% | 7.6% | N/A | 7.4% |
| Avg Rent | $1,080 | $1,080 | N/A | - |
| Cap Rate | 2.1% | 2.1% | - | - |
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 32686 (Reddick, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $394,819 |
| Monthly Rent | $1,080 |
| Price-to-Rent | 30.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.1% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +3.2% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +9.5% ▲ |
🏠 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 (2.1%). 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 32686
Population: 5,531
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 32686
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 5,115 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average monthly rent in Reddick, FL?
The typical rental in Reddick, FL commands about $1,080/mo monthly. That rent profile stable cash flow against the $395K purchase basis.
What is the typical renter like in Reddick, FL?
The renter base in Reddick, FL is reasonable for the $1,080/mo price point. Screening well and pricing to market typically yields consistent tenants.
What approach is best for Reddick, FL real estate?
For Reddick, FL, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What kind of vacancy should I budget for in Reddick, FL?
Expect elevated vacancy in Reddick, FL. Rents at $1,080/mo are absorbed by the tenant base without meaningful lag.
How landlord-friendly is Reddick, FL?
FL law landlord-friendly for landlords, and Reddick inherits those rules. Investors should still review local ordinances for rental licensing.
You know 32686 now. You don’t know where it ranks.
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How 32686 ranks in Ocala, FL
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