Real Estate Investing in Ocala, Florida (34474)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 34474 (Ocala, FL)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.8% vacancy may signal weakening demand.
What’s happening in Ocala, FL (34474)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 34474 Ocala
Not every below-median market is a bargain. Ocala's 34474 ZIP shows signals that favor experienced operators who can absorb the risk $312K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 34474 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Ocala have seen price recovery that 34474 has not matched. Marion County data supports the view that the spread is structural rather than temporary.
A impressive renter share of 55% in 34474 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 34474 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Ocala:
Property Strategy for 34474
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $191,259 | $1,800 | 6.8% | +8.1% | $95,630 |
| 3BR | $286,240 | $2,320 | 5.8% | +7.6% | $95,413 |
| 4BR | $367,547 | $2,500 | 4.9% | +6.8% | $91,887 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 34474 Compare?
| Metric | 34474 | Ocala | Ocala, FL | Florida |
|---|---|---|---|---|
| Home Value | $311,669 | $142,953 | N/A | $374,697 |
| 5-Year CAGR | 4.3% | 5.2% | N/A | 7.4% |
| Avg Rent | $1,529 | $1,635 | N/A | - |
| Cap Rate | 3.8% | 4.7% | - | - |
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 34474 (Ocala, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $311,669 |
| Monthly Rent | $1,529 |
| Price-to-Rent | 17.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.8% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | -0.8% ▼ |
| 3-Year CAGR | -1.8% ▼ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | -4.0% ▼ |
| 3-Year CAGR | -1.9% ▼ |
| 5-Year CAGR | +0.3% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.8%). 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 34474
Population: 20,497
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 34474
Schools in This ZIP Code
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 5,115 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average home sale price in Ocala, FL?
Typical homes in Ocala, FL go for around $312K. The 5-year CAGR of 0.0% stable price movement.
How qualified is the tenant pool in Ocala, FL?
Expect a solid tenant pool in Ocala, FL. The rental market absorbs $1,529/mo rents without meaningful friction.
What is the investability score for Ocala, FL?
Ocala, FL clocks in at an investability rating of 3.0/5, with median home values near $312K and average rents around $1,529/mo. That combination puts it in the healthy tier for investor interest.
Is Ocala, FL a friendly market for rental owners?
Ocala, FL falls under FL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How tight is the rental market in Ocala, FL?
Ocala, FL carries elevated vacancy risk. Expect measured absorption at market rents of $1,529/mo.
You know 34474 now. You don’t know where it ranks.
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How 34474 ranks in Ocala, FL
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