Real Estate Investing in Deland, Florida (32720)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32720 (Deland, 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.
- Elevated vacancy: 9.1% vacancy may signal weakening demand.
What’s happening in Deland, FL (32720)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32720 Deland
ZIP 32720 inside Volusia County looks affordable on the surface — median value of $330K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $1,825/mo on a $330K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 32720 sits below the stated 0.0% once reality is priced in.
Meanwhile, 32720 offers a low basis, the region around Deland has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 32720 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 32720 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Deland:
Property Strategy for 32720
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $174,878 | $1,340 | 5.5% | +5.4% | $174,878 |
| 2BR | $207,020 | $1,520 | 5.3% | +7.0% | $103,510 |
| 3BR | $314,993 | $1,940 | 4.4% | +7.3% | $104,998 |
| 4BR | $406,045 | $2,320 | 4.1% | +7.2% | $101,511 |
| 5BR | $476,553 | — | — | +7.9% | $95,311 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32720 Compare?
| Metric | 32720 | Deland | Deltona-Daytona Beach-Ormond Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $330,114 | $225,272 | N/A | $374,697 |
| 5-Year CAGR | 4.9% | 4.6% | N/A | 7.4% |
| Avg Rent | $1,825 | $1,823 | N/A | - |
| Cap Rate | 4.3% | 4.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32720 (Deland, FL). Anonymous, moderated, never written by AI.
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Property managers serving Volusia County
Manage rentals here? List your business →Tempest Community Management provides top-level, personalized management services for community associations of all sizes, focusing on client collaboration and homeowner experience. summary from their website
Continental Property Services offers apartments for rent in Daytona Beach, Florida, including The Breakers, Indigo Pines, Oaks Of Lakebridge, and Sailpoint Bay. summary from their website
Daytona Property Management provides property management services. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $330,114 |
| Monthly Rent | $1,825 |
| Price-to-Rent | 15.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +2.4% ▲ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +8.2% ▲ |
🏠 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 32720
Population: 34,633
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 32720
Schools in This ZIP Code
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We evaluate schools based on factors that research shows actually impact educational outcomes:
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- 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
Is Deland, FL a good place for real estate investing?
Deland, FL reports an investability rating of 3.0/5, with median home values near $330K and average rents around $1,825/mo. That combination puts it in the substantial tier for investor interest.
How should investors approach Deland, FL?
In Deland, FL the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $330K prices and $1,825/mo rents suits that approach.
Are eviction rules reasonable in Deland, FL?
Deland, FL falls under FL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How viable is house hacking in Deland, FL?
The house hack math a challenging in Deland, FL. Owner-occupant buyers benefit from the $1,825/mo rents and $330K home values.
What is the typical vacancy rate in Deland, FL?
Deland, FL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 32720 now. You don’t know where it ranks.
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How 32720 ranks in Deltona-Daytona Beach-Ormond Beach, FL
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