Real Estate Investing in Bell, Florida (32693)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32693 (Bell, 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: 13.0% 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 Bell, FL (32693)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32693 Bell
This part of Gilchrist County is not an easy win. The 32693 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
From a cash-flow lens, the numbers look inviting — $288K purchase price, 0.0% nominal cap — the work to hit that pro forma in 32693 is substantial and deserves full respect.
Within FL, ZIP 32693 trails on several market indicators that neighboring Gilchrist County submarkets outperform. The gap is real and resilient enough to shape underwriting.
On the rental side, 11,692 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 32693 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 Bell:
Property Strategy for 32693
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $171,961 | $1,430 | 6.0% | +8.8% | $85,980 |
| 3BR | $287,042 | $1,820 | 4.6% | +9.4% | $95,681 |
| 4BR | $378,158 | $1,890 | 3.6% | +8.7% | $94,540 |
Market Trends
Home Value History (with trend line)
📊 How Does 32693 Compare?
| Metric | 32693 | Bell | Gainesville, FL | Florida |
|---|---|---|---|---|
| Home Value | $287,661 | $293,287 | N/A | $374,697 |
| 5-Year CAGR | 6.1% | 6.5% | N/A | 7.4% |
| Avg Rent | $1,287 | $1,287 | N/A | - |
| Cap Rate | 3.5% | 3.4% | - | - |
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 32693 (Bell, FL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 32693 (Bell, FL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $287,661 |
| Monthly Rent | $1,287 |
| Price-to-Rent | 18.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +2.6% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +8.9% ▲ |
🏠 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 (3.5%). 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 32693
Population: 11,692
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 32693
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
How strong is tenant demand in Bell, FL?
Tenant demand in Bell, FL is solid. The local workforce $1,287/mo rents across most rental classes.
Are eviction rules reasonable in Bell, FL?
The landlord environment in Bell, FL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
How expensive is real estate in Bell, FL?
Typical homes in Bell, FL go for around $288K. The 5-year CAGR of 0.0% reliable price movement.
How much is rent in Bell, FL?
Investors in Bell, FL typically see rents near $1,287/mo per month against $288K home values - a solid setup for rental cash flow.
Should investors worry about vacancy in Bell, FL?
Rental vacancy in Bell, FL is elevated. Investors should budget normal turnover but not chronic empty units.
You know 32693 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 32693 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 32693 ranks in Gainesville, FL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 32693 (Bell)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 32693 (Bell, FL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.