Real Estate Investing in Brooksville, Florida (34604)

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

Hernando County • Population: 13,964 • Data updated: September 2026

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Should you buy in 34604 (Brooksville, FL)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

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

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

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Brooksville, FL (34604)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $330,395
Avg Monthly Rent $1,722
1% Rule ✗ Does Not Meet
Median Income $79,316
% Renters 11.6%

Market Analysis: 34604 Brooksville

The 34604 ZIP covers a section of Brooksville that demands careful diligence. Prices near $330K look accessible, but the work to make a deal cash flow is real.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $330K asset, 34604 is the wrong submarket. If the plan prices in friction, the yield can still work.

The gap between 34604 and stronger Brooksville ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Who lives in 34604 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Distressed ZIPs reward experience. significant returns are possible in 34604, 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 Brooksville:

B Good
Buy Confidence Score: 73/100
Affordability
15/25
Appreciation
22/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.2× the median income
Value Trend
Declining (-1.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,722/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
Tampa-St. Petersburg-Clearwater, FL Metro Area
More inventory, negotiating room for buyers
71 days
Average time to sell
Slow
10.4%
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 Tampa-St. Petersburg-Clearwater, FL metro data
🏠

Property Strategy for 34604

Which property type performs best in this market?

Best for Cash Flow
2BR
5.3% cap rate
Best for Appreciation
2BR
+9.8% 5yr CAGR
Best Overall Value
4BR
$88,996/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $214,719 $1,580 5.3% +9.8% $107,359
3BR $323,013 $2,020 4.5% +8.6% $107,671
4BR $355,984 $2,460 5.0% +8.3% $88,996

Market Trends

Home Value History (with trend line)

$371K$317K$262K$208K$153K$98KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,003$1,936$1,870$1,803$1,737$1,670Aug 2024Aug 2025Jul 2026

📊 How Does 34604 Compare?

Metric 34604 Brooksville Tampa-St. Petersburg-Clearwater, FL Florida
Home Value $330,395 $315,232 N/A $374,697
5-Year CAGR 5.1% 5.0% N/A 7.4%
Avg Rent $1,722 $1,745 N/A -
Cap Rate 4.1% 4.3% - -
💡 Why Invest in 34604? 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 34604 (Brooksville, FL). Anonymous, moderated, never written by AI.

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Property managers serving Hernando 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
Unclaimed — is this your business? Claim it free

Dennis Property Management, a division of Dennis Realty & Investment Corporation, offers full-service property management in Spring Hill, Florida and surrounding areas. summary from their website

Unclaimed — is this your business? Claim it free

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

Unclaimed — is this your business? Claim it free

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
4.1%
Fair
5yr Growth
+5.1%
Moderate

📊 Market Snapshot

Home Value $330,395
Monthly Rent $1,722
Price-to-Rent 16.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.3%
Cap Rate 4.1%
5-Year IRR 9.2%

📈 Home Appreciation

1-Year -1.2% ▼
3-Year CAGR -0.8% ▼
5-Year CAGR +5.1% ▲
10-Year CAGR +7.8% ▲

🏠 Rent Trends

1-Year -9.0% ▼
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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
7.6%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.1%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 34604

Population: 13,964

💰 Median Household Income
$79,316
This area
$79,316
State
$70,737
USA
$74,580
🏠 Renter Occupied
11.6%
This area
11.6%
State
29.9%
USA
34.0%
💼 Unemployment Rate
1.8%
This area
1.8%
State
-18.0%
USA
3.7%
🎓 College Educated
19.5%
This area
19.5%
State
4.7%
USA
33.7%
👤 Median Age
42.3 years
This area
42.3 years
State
16.0 years
USA
38.9 years
🏚️ Vacancy Rate
7.6%
This area
7.6%
State
17.2%
USA
10.5%
👥 Population by Ethnicity
White 81.8%
Other/Mixed 13.0%
Hispanic/Latino 7.0%
Black/African American 4.1%
Asian 1.1%
👶 Under 18
19.6%
This area
19.6%
USA
22.0%
👴 65 and Over
17.2%
This area
17.2%
USA
17.3%
📊 Poverty Rate
8.4%
This area
8.4%
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 34604

C Avg School Grade
3 Schools
18.8:1 Avg Class Size
$10,990 Avg Per Pupil

Schools in This ZIP Code

B Good

CHOCACHATTI ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
775 Students
👨‍🏫
15.8:1 Class Size
💰
$10,990 Per Student
C Below Average

NATURE COAST TECHNICAL HIGH

📚 09 – 12 High School
👥
1,346 Students
👨‍🏫
21.7:1 Class Size
💰
$10,990 Per Student
D Needs Improvement

HERNANDO COUNTY JAIL

📚 08 – 12 High School
👥
9 Students
💰
$10,990 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

4 Nearby 64 Off-Campus Students
C+
Wilton Simpson Technical College
114 students · 2.0 mi
C
ATA Career Education
226 students · 10.0 mi
C
Commercial Diving Technologies Institute
177 students · 14.1 mi
C
Saint Leo University
10,231 students · 14.5 mi

Frequently Asked Questions

What are home prices like in Brooksville, FL?

The median home value in Brooksville, FL is roughly $330K. That puts it reasonable relative to the FL statewide average.

Is the tenant base reliable in Brooksville, FL?

Tenant demand in Brooksville, FL is solid. The local workforce $1,722/mo rents across most rental classes.

What approach is best for Brooksville, FL real estate?

The best-fit strategy in Brooksville, FL is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

How viable is house hacking in Brooksville, FL?

The house hack math a challenging in Brooksville, FL. Owner-occupant buyers benefit from the $1,722/mo rents and $330K home values.

Is Brooksville, FL a friendly market for rental owners?

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

You know 34604 now. You don’t know where it ranks.

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How 34604 ranks in Tampa-St. Petersburg-Clearwater, FL

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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