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Ocala, FL Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,638
Monthly Cash Flow
-$91
Principal + Equity
$2,161
Annual Total Gain
$24,833
Cash on Cash
-1.62%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$172
Occupancy Rate
52.38%
Monthly Revenue
$1,787
Monthly Cash Flow
-$210
Principal + Equity
$2,161
Annual Total Gain
$23,410
Cash on Cash %
-3.72%
Net ROI %
Market Health & Growth
Median Income
$53,520
Population
64,903
LTR Renter %
49.55%
Forecast (1 yr)
1.65%
Appreciation (1 yr)
-3.55%
Appreciation (5 yr)
52.12%
Appreciation (10 yr)
129.11%
Job Growth
4.68%
LTR Rentability
Low
STR Demand
55
STR Rentals
1,178
Top Public Schools
BMadison Street Academy of Visual & Performing Arts
BForest High School
B
B
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Best Places to Retire in Florida
#341out of 660 markets
Most Diverse Places to Live in Florida
#171out of 1195 markets
Places with the Best Public Schools in Florida
#291out of 660 markets
B
Public School
D
Crime And Safety
C
Housing
B
Nightlife
B-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Ocala, FL.
In Ocala, FL, Short Term Rentals (STRs) are regulated by the city's Code Enforcement Division. Investors looking to purchase a property for STR purposes should be aware of the following regulations:
1. Registration: STR owners are required to register their property with the city and obtain a Short Term Rental Certificate. This certificate must be renewed annually.
2. Zoning: STRs are only allowed in certain zoning districts in Ocala. Investors should check the city's zoning map to ensure that the property they are considering is located in a zone where STRs are permitted.
3. Occupancy limits: The city of Ocala has specific occupancy limits for STRs, which vary depending on the size of the property. Investors should ensure that their property complies with these limits.
4. Noise and nuisance regulations: STR owners are responsible for ensuring that their guests comply with noise and nuisance regulations. Excessive noise or disturbances can result in fines or penalties for the property owner.
5. Safety regulations: STR owners are required to comply with all safety regulations, including having working smoke detectors, fire extinguishers, and emergency exit plans in place.
6. Taxes: Investors should be aware that they may be required to collect and remit transient occupancy taxes on rental income from their STR property.
7. Homeowner's Association (HOA) rules: If the property is located in a community with an HOA, investors should review the association's rules and regulations regarding STRs. Some HOAs may have restrictions or prohibitions on short term rentals.
It is important for investors to thoroughly research and understand the regulations and requirements for STRs in Ocala before purchasing a property for this purpose. Failure to comply with city regulations can result in fines, penalties, or even the revocation of the Short Term Rental Certificate.
Market Trends Over Time
Explore 25 years of market data for Ocala, FL, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Ocala, FL.
The LTR Genie Score of Ocala, FL is 76 and STR Genie Score is 58, indicating a high score for long-term rental potential and a moderate score for short-term rental potential. The LTR Rentability is low, which may be impacting the overall Genie Score for short-term rentals. The LTR Rent Growth Rate is positive at 0.0677%, contributing to the high LTR Net ROI of 36.64%. However, the 1-Year Price Appreciation Forecast is relatively low at 1.65%, which may be affecting the overall attractiveness of the market for investors.
In comparison, the STR Net ROI is slightly lower at 34.54%, with a moderate STR Genie Score of 58. The STR Occupancy rate is 52.38%, indicating potential for consistent rental income. The STR Revenue is 1787, which is a positive indicator for short-term rental investors.
Overall, Ocala, FL may be more attractive for long-term rental investment due to the higher LTR Genie Score and Net ROI. However, short-term rental investors may also find opportunities in the market, especially with the moderate STR Genie Score and occupancy rate. It is recommended for real estate investors to conduct further research and analysis to determine the best investment strategy based on their individual goals and risk tolerance.
Ocala, FL is known for its affordable housing market, diverse economy, and growing population. The city offers a mix of urban amenities and natural attractions, making it an appealing location for both residents and tourists. Additionally, Ocala is home to a strong healthcare industry and a thriving equestrian community, providing stability and potential growth opportunities for real estate investors.
