Real Estate Investing in Kathleen, Florida (33849)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33849 (Kathleen, 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.
- Elevated vacancy: 10.9% vacancy may signal weakening demand.
- Elevated poverty: 27.0% poverty rate — can affect rent collection.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Kathleen, FL (33849)?
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Market Analysis: 33849 Kathleen
The 33849 ZIP covers a section of Kathleen that demands careful diligence. Prices near $399K look accessible, but the work to make a deal cash flow is real.
The investment case in 33849 is impressive only for operators who understand what they are buying. A $399K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Kathleen have seen price recovery that 33849 has not matched. Polk data supports the view that the spread is structural rather than temporary.
The 33849 ZIP's population of 736 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
The 33849 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Kathleen:
Market Trends
Home Value History (with trend line)
📊 How Does 33849 Compare?
| Metric | 33849 | Kathleen | Florida |
|---|---|---|---|
| Home Value | $398,930 | $398,930 | $374,697 |
| 5-Year CAGR | 5.5% | 5.5% | 7.4% |
| Avg Rent | $1,395 | $1,395 | - |
| Cap Rate | 2.7% | 2.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 33849 (Kathleen, FL). Anonymous, moderated, never written by AI.
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Property managers serving Polk County
Manage rentals here? List your business →All County Polk is a full-service residential property management company in Lakeland, FL, serving Lakeland and surrounding areas in Polk County. summary from their website
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
PMI Arrico Realty and Property Management offers residential property management, investment services, and real estate services in Lakeland, FL. 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 | $398,930 |
| Monthly Rent | $1,395 |
| Price-to-Rent | 23.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (2.7%). 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 33849
Population: 736
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 is the renter demographic in Kathleen, FL?
Kathleen, FL draws a predictable base of working renters. Demand at the $1,395/mo rent level is reasonable for standard single-family and small multi rentals.
Does Kathleen, FL make sense for an investment property?
Kathleen, FL rates 3.0/5 for investability. With median values at $399K and rents near $1,395/mo, the market offers reasonable fundamentals for rental investors.
How expensive is real estate in Kathleen, FL?
Kathleen, FL home values average about $399K. That price point suits investors targeting rentals with $1,395/mo in monthly income.
Is Kathleen, FL landlord-friendly?
Kathleen, FL falls under FL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What do landlords charge for rent in Kathleen, FL?
Rents in Kathleen, FL run near $1,395/mo. Compared with median home prices of $399K that produces solid gross yields for typical rentals.
You know 33849 now. You don’t know where it ranks.
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