Real Estate Investing in Dade City, Florida (33523)

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

Pasco • Population: 19,296 • Data updated: September 2026

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Should you buy in 33523 (Dade City, FL)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (59/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 15.1% of homes vacant — above national norms.
  • Higher unemployment: 8.6% unemployment — tenant risk signal.

What’s happening in Dade City, FL (33523)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $260,906
Avg Monthly Rent $1,833
1% Rule ✗ Does Not Meet
Median Income $56,896
% Renters 23.0%

Market Analysis: 33523 Dade City

The 33523 ZIP in Dade City, FL is a local-operator market. Outside capital chasing a $261K entry has to pair deep knowledge with the discount.

The 33523 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

In the broader FL picture, 33523 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

A resilient renter share of 23% in 33523 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Strategy in 33523 is an operator game, not a passive one. In practical terms, entry prices of $261K are inviting, the management lift is real and non-optional.

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 Dade City:

C+ Average
Buy Confidence Score: 62/100
Affordability
10/25
Appreciation
18/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.6× the median income
Value Trend
Stable (+1.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,833/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 33523

Which property type performs best in this market?

Best for Cash Flow
2BR
5.1% cap rate
Best for Appreciation
5BR
+10.5% 5yr CAGR
Best Overall Value
3BR
$93,581/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $191,662 $1,350 5.1% +8.1% $95,831
3BR $280,742 $1,730 4.4% +8.5% $93,581
4BR $501,482 $2,100 3.0% +9.7% $125,371
5BR $839,013 +10.5% $167,803

Market Trends

Home Value History (with trend line)

$288K$244K$200K$155K$111K$66KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,836$1,827$1,818$1,810$1,801$1,792Apr 2026May 2026Jun 2026

📊 How Does 33523 Compare?

Metric 33523 Dade City Florida
Home Value $260,906 $304,398 $374,697
5-Year CAGR 5.0% 4.4% 7.4%
Avg Rent $1,833 $1,779 -
Cap Rate 5.5% 4.7% -
💡 Why Invest in 33523? Click to expand

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

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 33523 (Dade City, FL). Anonymous, moderated, never written by AI.

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Property managers serving Pasco County

Manage rentals here? List your business →

Dennis Property Management offers rental agency and management services in the Tampa Bay area, including multi-family management, investor packages, and resources for homeowners and tenants. summary from their website

Small multifamily
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Jerome Property Management LLC offers property management services. summary from their website

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Paragon Property Services, LLC offers full-service home inspection services in Central Florida, including Lake, Sumter, Seminole, Orange, Osceola, Polk, Pasco, Hernando, Hillsborough, Volusia, and Cit summary from their website

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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
5.5%
Fair
5yr Growth
+5.0%
Moderate

📊 Market Snapshot

Home Value $260,906
Monthly Rent $1,833
Price-to-Rent 11.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.4%
Cap Rate 5.5%
5-Year IRR 10.4%

📈 Home Appreciation

1-Year +1.4% ▲
3-Year CAGR -0.2% ▼
5-Year CAGR +5.0% ▲
10-Year CAGR +8.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.5%). 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
15.1%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.0%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 33523

Population: 19,296

💰 Median Household Income
$56,896
This area
$56,896
State
$70,737
USA
$74,580
🏠 Renter Occupied
23.0%
This area
23.0%
State
29.9%
USA
34.0%
💼 Unemployment Rate
8.6%
This area
8.6%
State
-18.0%
USA
3.7%
🎓 College Educated
21.0%
This area
21.0%
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
15.1%
This area
15.1%
State
17.2%
USA
10.5%
👥 Population by Ethnicity
White 72.4%
Other/Mixed 18.1%
Hispanic/Latino 14.8%
Black/African American 8.2%
Asian 1.2%
👶 Under 18
20.7%
This area
20.7%
USA
22.0%
👴 65 and Over
16.9%
This area
16.9%
USA
17.3%
📊 Poverty Rate
10.9%
This area
10.9%
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 33523

B Avg School Grade
2 Schools
16.2:1 Avg Class Size
$11,709 Avg Per Pupil

Schools in This ZIP Code

B Good

RODNEY B. COX ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
407 Students
👨‍🏫
15.7:1 Class Size
💰
$11,709 Per Student
B Good

LACOOCHEE ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
298 Students
👨‍🏫
16.8:1 Class Size
💰
$11,709 Per Student
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

2 Nearby 64 Off-Campus Students
C
Saint Leo University
10,231 students · 5.6 mi
C+
Wilton Simpson Technical College
114 students · 13.0 mi

Frequently Asked Questions

Is rental property easy to operate in Dade City, FL?

For rental operators, Dade City, FL rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

How does Dade City, FL rate as a rental market?

Yes - Dade City, FL a 3.0/5 investability score. With $261K home prices against $1,833/mo monthly rent, the market delivers a reasonable entry point for new investors.

How do home values compare in Dade City, FL?

Dade City, FL home values average about $261K. That price point suits investors targeting rentals with $1,833/mo in monthly income.

What strategy should investors use in Dade City, FL?

Dade City, FL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($261K prices, $1,833/mo rents) make it a reasonable choice.

Are tenants stable in Dade City, FL?

The renter base in Dade City, FL is reasonable for the $1,833/mo price point. Screening well and pricing to market typically yields measured tenants.

You know 33523 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 33523 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.

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