Real Estate Investing in Yankeetown, Florida (34498)

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

Levy County • Population: 666 • Data updated: September 2026

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Should you buy in 34498 (Yankeetown, FL)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (45/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 43.1% of homes vacant — above national norms.
  • 1-year downturn: Values declined 3.5% in the last year.

• 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 Yankeetown, FL (34498)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $279,198
Avg Monthly Rent $1,089
1% Rule ✗ Does Not Meet
Median Income $49,833
% Renters 18.5%

Market Analysis: 34498 Yankeetown

ZIP 34498 in Yankeetown, FL carries a notable set of headwinds. Home values near $279K and rents of $1,089/mo sit inside a market where underwriting has to be tight.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 34498 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

The gap between 34498 and stronger Yankeetown ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

The 34498 ZIP's population of 666 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.

Distressed ZIPs reward experience. significant returns are possible in 34498, but they flow to investors who already understand how to operate in soft markets.

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 Yankeetown:

C+ Average
Buy Confidence Score: 60/100
Affordability
10/25
Appreciation
18/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.6× the median income
Value Trend
Declining (-3.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,089/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Gainesville, FL Metro Area
More inventory, negotiating room for buyers
75 days
Average time to sell
Slow
8.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Gainesville, FL metro data
🏠

Property Strategy for 34498

Which property type performs best in this market?

Best for Cash Flow
2BR
4.0% cap rate
Best Overall Value
2BR
$108,460/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $216,921 $1,210 4.0% $108,460
3BR $374,169 $1,540 3.0% $124,723

Market Trends

Home Value History (with trend line)

$317K$273K$230K$187K$144K$100KJul 2006Jul 2016Jul 2026

📊 How Does 34498 Compare?

Metric 34498 Yankeetown Gainesville, FL Florida
Home Value $279,198 $279,198 N/A $374,697
5-Year CAGR 3.5% 3.5% N/A 7.4%
Avg Rent $1,089 $1,089 N/A -
Cap Rate 3.0% 3.0% - -
💡 Why Invest in 34498? 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 →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 34498 (Yankeetown, FL). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.0%
Low
5yr Growth
+3.5%
Moderate

📉 Market Crash Risk Index

Based on Gainesville, FL metro

4/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
73%
Days Pending
2/2
75 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $279,198
Monthly Rent $1,089
Price-to-Rent 21.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.7%
Cap Rate 3.0%
5-Year IRR 6.5%

📈 Home Appreciation

1-Year -3.5% ▼
3-Year CAGR -1.9% ▼
5-Year CAGR +3.5% ▲
10-Year CAGR +7.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
43.1%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.5%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 34498

Population: 666

💰 Median Household Income
$49,833
This area
$49,833
State
$70,737
USA
$74,580
🏠 Renter Occupied
18.5%
This area
18.5%
State
29.9%
USA
34.0%
💼 Unemployment Rate
3.1%
This area
3.1%
State
-18.0%
USA
3.7%
🎓 College Educated
31.7%
This area
31.7%
State
4.7%
USA
33.7%
👤 Median Age
60.1 years
This area
60.1 years
State
16.0 years
USA
38.9 years
🏚️ Vacancy Rate
43.1%
This area
43.1%
State
17.2%
USA
10.5%
👥 Population by Ethnicity
White 99.5%
Hispanic/Latino 0.5%
Other/Mixed 0.5%
👶 Under 18
18.3%
This area
18.3%
USA
22.0%
👴 65 and Over
34.3%
This area
34.3%
USA
17.3%
📊 Poverty Rate
18.8%
This area
18.8%
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 34498

C+ Avg School Grade
1 Schools
22.7:1 Avg Class Size
$14,097 Avg Per Pupil

Schools in This ZIP Code

C+ Average

YANKEETOWN SCHOOL

📚 Pre-K – 08 School
👥
244 Students
👨‍🏫
22.7:1 Class Size
💰
$14,097 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.

Frequently Asked Questions

What is the median home value in Yankeetown, FL?

Typical homes in Yankeetown, FL go for around $279K. The 5-year CAGR of 0.0% predictable price movement.

Which investment style suits Yankeetown, FL?

Investors usually favor careful cash-flow rentals with hands-on management in Yankeetown, FL. With home values at $279K and rents near $1,089/mo, other strategies can work but produce consistent rather than outsized returns.

What is it like being a landlord in Yankeetown, FL?

FL law landlord-friendly for landlords, and Yankeetown inherits those rules. Investors should still review local ordinances for rental licensing.

Does a duplex house hack pencil in Yankeetown, FL?

For house hackers, Yankeetown, FL is a challenging. The $1,089/mo rent on a unit helps defray the mortgage on a $279K property.

What are rental rates like in Yankeetown, FL?

Average rent in Yankeetown, FL is approximately $1,089/mo per month. Against $279K home values that yields a reasonable rent-to-price ratio.

You know 34498 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 34498 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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How 34498 ranks in Gainesville, FL

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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