Real Estate Investing in Pine Hills, Florida (32808)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32808 (Pine Hills, 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 poverty: 20.2% poverty rate — can affect rent collection.
What’s happening in Pine Hills, FL (32808)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32808 Pine Hills
ZIP 32808 inside Orange County looks affordable on the surface — median value of $260K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 32808 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader FL picture, 32808 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 32808 ZIP's population of 61,123 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
The 32808 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Pine Hills:
Property Strategy for 32808
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $169,019 | $1,740 | 7.4% | +8.5% | $84,509 |
| 3BR | $261,616 | $2,180 | 6.0% | +7.4% | $87,205 |
| 4BR | $299,729 | $2,580 | 6.2% | +7.2% | $74,932 |
| 5BR | $328,885 | — | — | +7.0% | $65,777 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32808 Compare?
| Metric | 32808 | Pine Hills | Orlando-Kissimmee-Sanford, FL | Florida |
|---|---|---|---|---|
| Home Value | $259,793 | $259,793 | N/A | $374,697 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 7.4% |
| Avg Rent | $1,682 | $1,682 | N/A | - |
| Cap Rate | 5.1% | 5.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32808 (Pine Hills, FL). Anonymous, moderated, never written by AI.
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Property managers serving Orange County
Manage rentals here? List your business →All County CFL provides full-service residential property management in Winter Park, FL and surrounding areas, focusing on maximizing revenue and managing tenant relationships for property owners. summary from their website
RentCare Property Management provides reliable, professional, and trusted residential property management services in Orlando since 1993, including marketing, resident screening, rent collection, and summary from their website
Southwest Property Management is a full-service Community Association Management Company serving Central Florida. 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 | $259,793 |
| Monthly Rent | $1,682 |
| Price-to-Rent | 12.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.8% |
| Cap Rate | 5.1% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | -2.3% ▼ |
| 3-Year CAGR | -0.6% ▼ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +10.7% ▲ |
🏠 Rent Trends
| 1-Year | -6.4% ▼ |
| 3-Year CAGR | -0.6% ▼ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.1%). 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 32808
Population: 61,123
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 32808
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 17,928 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What type of investing works in Pine Hills, FL?
The best-fit strategy in Pine Hills, FL is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Are rents high in Pine Hills, FL?
Rent in Pine Hills, FL is around $1,682/mo. The resulting rent-to-value relationship with $260K pricing is reasonable for most investor models.
How qualified is the tenant pool in Pine Hills, FL?
Tenant demand in Pine Hills, FL is solid. The local workforce $1,682/mo rents across most rental classes.
What are vacancy rates like in Pine Hills, FL?
Occupancy in Pine Hills, FL runs reliable with elevated vacancy. Well-priced units at $1,682/mo lease on reasonable timelines.
How strict are landlord regulations in Pine Hills, FL?
The landlord environment in Pine Hills, FL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 32808 now. You don’t know where it ranks.
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How 32808 ranks in Orlando-Kissimmee-Sanford, FL
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