Real Estate Investing in Doctor Phillips, Florida (32819)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Orange County • Population: 28,399 • Data updated: September 2026

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Should you buy in 32819 (Doctor Phillips, FL)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 28.4% of homes vacant — above national norms.

What’s happening in Doctor Phillips, FL (32819)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $500,429
Avg Monthly Rent $2,220
1% Rule ✗ Does Not Meet
Median Income $86,306
% Renters 40.9%

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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Doctor Phillips:

B Good
Buy Confidence Score: 70/100
Affordability
10/25
Appreciation
22/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.8× the median income
Value Trend
Stable (+0.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,220/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Orlando-Kissimmee-Sanford, FL Metro Area
More inventory, negotiating room for buyers
71 days
Average time to sell
Slow
9.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Orlando-Kissimmee-Sanford, FL metro data
🏠

Property Strategy for 32819

Which property type performs best in this market?

Best for Cash Flow
1BR
10.2% cap rate
Best for Appreciation
5BR
+9.9% 5yr CAGR
Best Overall Value
2BR
$136,773/bedroom
📊 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)

$534K$460K$386K$312K$237K$163KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,357$2,130$1,903$1,677$1,450$1,223Jun 2016Jul 2021Jul 2026

📊 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% - -
💡 Why Invest in 32819? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 41% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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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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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

Single-familySmall multifamily
Unclaimed — is this your business? Claim it free

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

Single-familySmall multifamily
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Southwest Property Management is a full-service Community Association Management Company serving Central Florida. summary from their website

HOA
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
3.5%
Low
5yr Growth
+6.2%
Strong

📊 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% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 3.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
28.4%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.2%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 32819

Population: 28,399

💰 Median Household Income
$86,306
This area
$86,306
State
$70,737
USA
$74,580
🏠 Renter Occupied
40.9%
This area
40.9%
State
29.9%
USA
34.0%
💼 Unemployment Rate
4.4%
This area
4.4%
State
-18.0%
USA
3.7%
🎓 College Educated
49.1%
This area
49.1%
State
4.7%
USA
33.7%
👤 Median Age
38.7 years
This area
38.7 years
State
16.0 years
USA
38.9 years
🏚️ Vacancy Rate
28.4%
This area
28.4%
State
17.2%
USA
10.5%
👥 Population by Ethnicity
White 58.6%
Other/Mixed 19.7%
Hispanic/Latino 16.4%
Black/African American 14.7%
Asian 7.1%
👶 Under 18
16.5%
This area
16.5%
USA
22.0%
👴 65 and Over
17.6%
This area
17.6%
USA
17.3%
📊 Poverty Rate
9.4%
This area
9.4%
USA
11.5%

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

C+ Avg School Grade
10 Schools
17.6:1 Avg Class Size
$13,040 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

DR. PHILLIPS ELEMENTARY

📚 Pre-K – 05 Elementary
👥
686 Students
👨‍🏫
14.9:1 Class Size
💰
$13,040 Per Student
B+ Above Average

PALM LAKE ELEMENTARY

📚 K – 05 Elementary
👥
604 Students
👨‍🏫
14.4:1 Class Size
💰
$13,040 Per Student
B+ Above Average

TANGELO PARK ELEMENTARY

📚 Pre-K – 05 Elementary
👥
492 Students
👨‍🏫
14.9:1 Class Size
💰
$13,040 Per Student
C+ Average

SIMON YOUTH FOUND ACAD AT OUTLET MKTPLCE

📚 10 – 12 High School
👥
17 Students
👨‍🏫
3.4:1 Class Size
💰
$13,040 Per Student
C+ Average

UNIVERSAL EDUCATION CENTER

📚 10 – 12 High School
👥
34 Students
👨‍🏫
6.8:1 Class Size
💰
$13,040 Per Student
C+ Average

SOUTHWEST MIDDLE

📚 06 – 08 Middle
👥
1,323 Students
👨‍🏫
19.5:1 Class Size
💰
$13,040 Per Student
C Below Average

DR. PHILLIPS HIGH

📚 08 – 12 High School
👥
3,042 Students
👨‍🏫
22.9:1 Class Size
💰
$13,040 Per Student
D Needs Improvement

FLORIDA VIRTUAL ELEMENTARY SCHOOL

📚 K – 05 Elementary
👥
2,294 Students
👨‍🏫
22.7:1 Class Size
D Needs Improvement

FLORIDA VIRTUAL HIGH SCHOOL

📚 09 – 12 High School
👥
4,037 Students
👨‍🏫
28.6:1 Class Size
D Needs Improvement

FLORIDA VIRTUAL MIDDLE SCHOOL

📚 06 – 08 Middle
👥
2,571 Students
👨‍🏫
28.3:1 Class Size
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

8 Nearby 20,177 Off-Campus Students
D
DeVry University-Florida
196 students · 1.0 mi
C+
Orange Technical College-South Campus
2,743 students · 3.6 mi
C
Florida College of Integrative Medicine
75 students · 4.3 mi
D
Southern Technical College
1,686 students · 4.4 mi
C+
Valencia College
42,524 students · 4.5 mi
C
Universal Technical Institute-Auto Motorcycle & Marine Mechanics Institute Division-Orlando
866 students · 4.6 mi
C+
Orange Technical College
994 students · 8.5 mi
C+
Orange Technical College-West Campus
1,418 students · 9.4 mi

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.

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How 32819 ranks in Orlando-Kissimmee-Sanford, FL

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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