Real Estate Investing in Doctor Phillips, Florida (32819)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32819 (Doctor Phillips, 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: 28.4% of homes vacant — above national norms.
What’s happening in Doctor Phillips, FL (32819)?
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Market Analysis: 32819 Doctor Phillips
ZIP 32819 in Doctor Phillips, FL carries a substantial set of headwinds. Home values near $500K and rents of $2,220/mo sit inside a market where underwriting has to be tight.
The investment case in 32819 is durable only for operators who understand what they are buying. A $500K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 32819 among FL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 32819 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 32819 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 Doctor Phillips:
Property Strategy for 32819
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $141,986 | $2,010 | 10.2% | +6.8% | $141,986 |
| 2BR | $273,547 | $2,290 | 6.0% | +5.8% | $136,773 |
| 3BR | $459,705 | $2,870 | 4.5% | +8.0% | $153,235 |
| 4BR | $634,391 | $3,400 | 3.9% | +8.8% | $158,598 |
| 5BR | $1,118,176 | — | — | +9.9% | $223,635 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32819 Compare?
| Metric | 32819 | Doctor Phillips | Orlando-Kissimmee-Sanford, FL | Florida |
|---|---|---|---|---|
| Home Value | $500,429 | $500,429 | N/A | $374,697 |
| 5-Year CAGR | 6.2% | 6.2% | N/A | 7.4% |
| Avg Rent | $2,220 | $2,220 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
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 32819 (Doctor Phillips, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $500,429 |
| Monthly Rent | $2,220 |
| Price-to-Rent | 18.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.5% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +0.2% ▲ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +4.7% ▲ |
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 32819
Population: 28,399
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 32819
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 20,177 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are homes affordable in Doctor Phillips, FL?
Doctor Phillips, FL home values average about $500K. That price point suits investors targeting rentals with $2,220/mo in monthly income.
Is Doctor Phillips, FL good for house hacking?
House hacking in Doctor Phillips, FL is a challenging. With home values around $500K and rents at $2,220/mo, owner-occupants can offset a meaningful share of PITI.
What are rental rates like in Doctor Phillips, FL?
Average rent in Doctor Phillips, FL is approximately $2,220/mo per month. Against $500K home values that yields a reasonable rent-to-price ratio.
Are eviction rules reasonable in Doctor Phillips, FL?
Doctor Phillips, FL falls under FL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Are tenants stable in Doctor Phillips, FL?
Doctor Phillips, FL draws a measured base of working renters. Demand at the $2,220/mo rent level is reasonable for standard single-family and small multi rentals.
You know 32819 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 32819 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 32819 ranks in Orlando-Kissimmee-Sanford, FL
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