Real Estate Investing in Deland, Florida (32724)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32724 (Deland, FL)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 8.7% vacancy may signal weakening demand.
What’s happening in Deland, FL (32724)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32724 Deland
Not every below-median market is a bargain. Deland's 32724 ZIP reports signals that favor experienced operators who can absorb the risk $346K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 32724 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 32724 sits on the difficult end of the FL spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 32724 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 32724 is an operator game, not a passive one. Put differently, entry prices of $346K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Deland:
Property Strategy for 32724
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $152,508 | $1,270 | 6.0% | +3.5% | $152,508 |
| 2BR | $224,366 | $1,560 | 5.0% | +6.5% | $112,183 |
| 3BR | $322,256 | $2,060 | 4.6% | +7.0% | $107,419 |
| 4BR | $407,253 | $2,230 | 3.9% | +6.6% | $101,813 |
| 5BR | $472,954 | — | — | +6.5% | $94,591 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32724 Compare?
| Metric | 32724 | Deland | Deltona-Daytona Beach-Ormond Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $345,702 | $225,272 | N/A | $374,697 |
| 5-Year CAGR | 4.2% | 4.6% | N/A | 7.4% |
| Avg Rent | $1,822 | $1,823 | N/A | - |
| Cap Rate | 4.1% | 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 32724 (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 | $345,702 |
| Monthly Rent | $1,822 |
| Price-to-Rent | 15.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +0.8% ▲ |
| 3-Year CAGR | -0.1% ▼ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | -9.0% ▼ |
| 3-Year CAGR | -0.8% ▼ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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 32724
Population: 43,615
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 32724
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
Is Deland, FL a good market for buy-and-hold investors?
Our data puts Deland, FL at 3.0/5 for investability. Home prices of $346K and rents around $1,822/mo create a solid backdrop for investor activity.
Are rents high in Deland, FL?
Rents in Deland, FL run near $1,822/mo. Compared with median home prices of $346K that produces solid gross yields for typical rentals.
What investment strategy works best in Deland, FL?
Most investors in Deland, FL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Should investors worry about vacancy in Deland, FL?
Deland, FL sees elevated vacancy, which is reasonable relative to the broader FL rental market.
Are landlord laws favorable in Deland, FL?
Deland, FL operates under FL law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
You know 32724 now. You don’t know where it ranks.
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How 32724 ranks in Deltona-Daytona Beach-Ormond Beach, FL
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