Real Estate Investing in Center Hill, Florida (33514)
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Should you buy in 33514 (Center Hill, FL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.9% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Center Hill, FL (33514)?
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Market Analysis: 33514 Center Hill
The 33514 ZIP in Center Hill, FL is a local-operator market. Outside capital chasing a $292K entry has to pair deep knowledge with the discount.
For an experienced owner, 33514 can be a an appealing option for hunting ground — but the discount at $292K reflects genuine risk that outside investors often underestimate.
ZIP 33514's metrics run below Sumter County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 33514 ZIP's population of 2,310 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
New investors are better served looking at Center Hill's stable or hybrid ZIPs before stepping into 33514. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Center Hill:
Market Trends
Home Value History (with trend line)
📊 How Does 33514 Compare?
| Metric | 33514 | Center Hill | The Villages, FL | Florida |
|---|---|---|---|---|
| Home Value | $292,316 | $292,316 | N/A | $374,697 |
| 5-Year CAGR | 3.8% | 3.8% | N/A | 7.4% |
| Avg Rent | $1,116 | $1,116 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 33514 (Center Hill, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $292,316 |
| Monthly Rent | $1,116 |
| Price-to-Rent | 21.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | -1.0% ▼ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (3.0%). 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 33514
Population: 2,310
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What kind of market is Center Hill, FL for investors?
Our data puts Center Hill, FL at 3.0/5 for investability. Home prices of $292K and rents around $1,116/mo create a solid backdrop for investor activity.
How strong are rents in Center Hill, FL?
Investors in Center Hill, FL typically see rents near $1,116/mo per month against $292K home values - a solid setup for rental cash flow.
How much does a house cost in Center Hill, FL?
In Center Hill, FL the median home value sits at $292K. Against the broader FL market, that reads as reasonable for most investors.
Which real estate strategy fits Center Hill, FL?
The best-fit strategy in Center Hill, FL is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Are tenants stable in Center Hill, FL?
Center Hill, FL draws a reliable base of working renters. Demand at the $1,116/mo rent level is reasonable for standard single-family and small multi rentals.
You know 33514 now. You don’t know where it ranks.
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How 33514 ranks in The Villages, FL
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