Real Estate Investing in Orlando, Florida (32839)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32839 (Orlando, FL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 27.8% of homes vacant — above national norms.
- Elevated poverty: 20.5% poverty rate — can affect rent collection.
What’s happening in Orlando, FL (32839)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32839 Orlando
This part of Orange County is not an easy win. The 32839 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $234K asset, 32839 is the wrong submarket. If the plan prices in friction, the yield can still work.
Put differently, 32839 offers a low basis, the region around Orlando has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A notable renter share of 74% in 32839 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. durable returns are possible in 32839, 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 Orlando:
Property Strategy for 32839
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $113,172 | $1,620 | 10.3% | +5.1% | $113,172 |
| 2BR | $140,096 | $1,850 | 9.5% | +5.1% | $70,048 |
| 3BR | $292,548 | $2,320 | 5.7% | +6.9% | $97,516 |
| 4BR | $357,086 | $2,740 | 5.5% | +6.9% | $89,272 |
| 5BR | $646,517 | — | — | +8.2% | $129,303 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32839 Compare?
| Metric | 32839 | Orlando | Orlando-Kissimmee-Sanford, FL | Florida |
|---|---|---|---|---|
| Home Value | $233,712 | $352,198 | N/A | $374,697 |
| 5-Year CAGR | 4.4% | 4.7% | N/A | 7.4% |
| Avg Rent | $1,614 | $1,938 | N/A | - |
| Cap Rate | 5.4% | 4.0% | - | - |
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 32839 (Orlando, FL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 32839 (Orlando, FL)?
~25 seconds · no account needed · your report is anonymous
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 | $233,712 |
| Monthly Rent | $1,614 |
| Price-to-Rent | 12.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.3% |
| Cap Rate | 5.4% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | -1.5% ▼ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +8.2% ▲ |
🏠 Rent Trends
| 1-Year | -1.5% ▼ |
| 3-Year CAGR | -0.9% ▼ |
| 5-Year CAGR | +2.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.4%). 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 32839
Population: 51,807
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 32839
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
ROCK LAKE ELEMENTARY
CATALINA ELEMENTARY
PINELOCH ELEMENTARY
WASHINGTON SHORES ELEMENTARY
ORANGE CENTER ELEMENTARY
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 19,575 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Orlando in FL worth investing in?
Orlando, FL reflects an investability rating of 3.0/5, with median home values near $234K and average rents around $1,614/mo. That combination puts it in the significant tier for investor interest.
What type of investing works in Orlando, FL?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Orlando, FL. The numbers - $234K homes against $1,614/mo rents - support that play.
How much rent can I charge in Orlando, FL?
Expect rents around $1,614/mo per month in Orlando, FL. With home values at $234K, the yield math works out to reasonable levels for rental investors.
How viable is house hacking in Orlando, FL?
For house hackers, Orlando, FL is a challenging. The $1,614/mo rent on a unit helps defray the mortgage on a $234K property.
How strong is the working-renter base in Orlando, FL?
The tenant pool in Orlando, FL is solid, supported by local employment and population fundamentals. Rents of $1,614/mo are well-absorbed by the market.
You know 32839 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 32839 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 32839 ranks in Orlando-Kissimmee-Sanford, FL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 32839 (Orlando)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 32839 (Orlando, FL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.