Real Estate Investing in Mims, Florida (32754)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32754 (Mims, 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: 21.5% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 26.1 — 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 Mims, FL (32754)?
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Market Analysis: 32754 Mims
The 32754 ZIP covers a section of Mims that demands careful diligence. Prices near $389K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 32754 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 32754 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.
Employment concentration in 32754 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. substantial returns are possible in 32754, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Mims:
Property Strategy for 32754
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $203,720 | $1,380 | 4.9% | +6.9% | $101,860 |
| 3BR | $349,222 | $1,880 | 3.9% | +8.2% | $116,407 |
| 4BR | $506,489 | $2,130 | 3.0% | +8.7% | $126,622 |
| 5BR | $565,431 | — | — | +7.7% | $113,086 |
Market Trends
Home Value History (with trend line)
📊 How Does 32754 Compare?
| Metric | 32754 | Mims | Palm Bay-Melbourne-Titusville, FL | Florida |
|---|---|---|---|---|
| Home Value | $388,737 | $388,737 | N/A | $374,697 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 7.4% |
| Avg Rent | $1,242 | $1,242 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32754 (Mims, FL). Anonymous, moderated, never written by AI.
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Property managers serving Brevard County
Manage rentals here? List your business →Solutions Property Management LLC offers residential, multi-family, commercial, and community association property management services in Melbourne, including marketing, tenant screening, rent collect summary from their website
Aamerican Property Management provides services for renters, including rental FAQs, online applications, online payments, and maintenance requests. summary from their website
All Brevard Property Management is a property management company. 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 | $388,737 |
| Monthly Rent | $1,242 |
| Price-to-Rent | 26.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +2.2% ▲ |
| 3-Year CAGR | +0.6% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (2.5%). 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 32754
Population: 11,250
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 32754
Schools in This ZIP Code
About Repit School Scores
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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 is the typical vacancy rate in Mims, FL?
Mims, FL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What is the typical rental rate in Mims, FL?
Investors in Mims, FL typically see rents near $1,242/mo per month against $389K home values - a solid setup for rental cash flow.
Is Mims, FL good for landlords?
For rental operators, Mims, FL rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
How viable is house hacking in Mims, FL?
House hacking in Mims, FL is a challenging. With home values around $389K and rents at $1,242/mo, owner-occupants can offset a meaningful share of PITI.
Should investors consider Mims, FL?
The 3.0/5 investability rating in Mims, FL reflects its $389K prices and $1,242/mo rents. Investors generally consider it a solid option within FL.
You know 32754 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 32754 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 32754 ranks in Palm Bay-Melbourne-Titusville, FL
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