North Port, FL — Rental Investment Analysis

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Data: HUD FMR FY2024 + Zillow ZHVI April 2026 + Freddie Mac rates. Last updated June 2026.

Investment Summary

As of 2026, North Port, FL offers a 6.5% cap rate with median home prices of $317,545 and 3-bedroom rents of $2,590/month.

North Port offers solid returns for rental investors. Median home price sits at $317,545 — moderate by national standards, requiring a solid down payment but not out of reach. With 3-bedroom rents around $2,590/month, the 6.5% cap rate tells the story. Cash flow is modest at +$33/month — positive but tight. Rate increases or vacancies could flip it negative.

The 1% rule comes in at 0.84% — doesn't quite pass, but close enough to find individual deals that work. DSCR of 1.02 is tight — you'll pass most lender minimums but with little margin for error.

Bottom line: North Port offers a balance of moderate cash flow and growth potential. Good for investors who want some income while building equity over time.

Data sources: HUD Fair Market Rents (FY2024), Zillow Home Value Index (April 2026), Freddie Mac Primary Mortgage Market Survey.

Cap Rate

6.5%

Above average

Monthly Cash Flow

+$33

After all expenses

Price-to-Rent

10.0

Investor-friendly

DSCR

1.02

Tight

Key Metrics

Median Home Price
$317,545
Average Rent (3BR)
$2,590/mo
Price-to-Rent Ratio
10.0(good)
1% Rule
0.84%(fails — need 1%+)
Cash-on-Cash Return
0.6%
Vacancy Rate
8.0%

Market Strength

Unemployment Rate
4.8%(+0.5% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+5.6% YoY

Assumptions Used

20% down, 6.52% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.86%

of assessed value (FL avg)

Median Income

$63,062

household (FL avg)

Rent-to-Income

49.3%

Stretched

Section 8 Max Rent

$2,590/mo

3BR voucher payment

FL Investor Climate

Landlord Friendly

8/10

State Income Tax

None

Property Tax

0.86% effective

Population Trend

+5.6% (3yr)

Best Zip Codes in North Port for Investors

34286
Cap Rate: 7.9%Cash Flow: +$388/mo$309,952
34287
Cap Rate: 6.8%Cash Flow: +$94/mo$251,375
34291
Cap Rate: 6.7%Cash Flow: +$78/mo$315,740

All Zip Codes in North Port

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
342867.9%+$388$309,952$3,020/mo1.23
342876.8%+$94$251,375$2,180/mo1.07
342916.7%+$78$315,740$2,690/mo1.05
342886.3%-$12$319,350$2,610/mo0.99
342895.5%-$243$332,905$2,440/mo0.86
34216-0.3%-$10,388$1,854,102$2,570/mo-0.05