Real Estate Investing in Goodland, Florida (34140)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 34140 (Goodland, 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.
- High vacancy: 75.9% of homes vacant — above national norms.
• 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 Goodland, FL (34140)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 34140 Goodland
Not every below-median market is a bargain. Goodland's 34140 ZIP comes in at signals that favor experienced operators who can absorb the risk $587K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 34140 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 34140's metrics run below Collier's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 34140 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 34140 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Goodland:
Market Trends
Home Value History (with trend line)
📊 How Does 34140 Compare?
| Metric | 34140 | Goodland | Florida |
|---|---|---|---|
| Home Value | $587,222 | $587,222 | $374,697 |
| 5-Year CAGR | 5.8% | 5.8% | 7.4% |
| Avg Rent | $2,097 | $2,097 | - |
| Cap Rate | 2.8% | 2.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 34140 (Goodland, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $587,222 |
| Monthly Rent | $2,097 |
| Price-to-Rent | 23.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | -1.8% ▼ |
| 3-Year CAGR | -1.2% ▼ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (2.8%). 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 34140
Population: 89
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 34140
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
TOMMIE BARFIELD ELEMENTARY SCHOOL
MARCO ISLAND ACADEMY
MARCO ISLAND CHARTER MIDDLE
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.
Frequently Asked Questions
Does Goodland, FL make sense for an investment property?
Yes - Goodland, FL a 3.0/5 investability score. With $587K home prices against $2,097/mo monthly rent, the market delivers a reasonable entry point for new investors.
Where do rents currently stand in Goodland, FL?
Expect rents around $2,097/mo per month in Goodland, FL. With home values at $587K, the yield math works out to reasonable levels for rental investors.
How strong is the working-renter base in Goodland, FL?
Tenant quality in Goodland, FL ranks as solid. Landlords generally report consistent occupancy at market rents of $2,097/mo.
What are vacancy rates like in Goodland, FL?
Goodland, FL carries elevated vacancy risk. Expect measured absorption at market rents of $2,097/mo.
How do experienced investors play Goodland, FL?
For Goodland, FL, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 34140 now. You don’t know where it ranks.
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