ZIP CODE 32822 // ORLANDO-KISSIMMEE-SANFORD, FL // DATA AS OF 2026-09-30
Orlando, FL (32822) Rental Property Cap Rate & Cash Flow Report
Located in Orange County (Orlando, FL), Zip Code 32822 ranks #31 of 500 within this selected sample (94th percentile) with a Zillow ZHVI typical home-value index of $258,437 (-2.8% YoY) and a ZORI observed market rent of $1,653/mo (-0.3% YoY). Requires at least 29.0% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$147/mo
Annual: -$1,758/yr
Modeled Cap Rate
5.39%
NOI: $13,923/yr
Cash-on-Cash Return
-2.96%
Cash Needed: $59,441
1% Rule Ratio
0.64%
Gross Yield: 7.68%
Break-Even Rent
$1,821/mo
State Tax: 0.79%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 32822 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (FL Avg 0.79%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,307/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$493/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (32822)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $219,142 | $1,493/mo | 8.18% |
| 2022 | $274,275 | $1,678/mo | 7.34% |
| 2023 | $279,163 | $1,690/mo | 7.26% |
| 2024 | $284,621 | $1,685/mo | 7.10% |
| 2025 | $265,980 | $1,658/mo | 7.48% |
| 2026 | $258,437 | $1,653/mo | 7.68% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 34953 Port Saint Lucie, FL | $398,028 | $2,551/mo | 5.40% | -$221/mo |
| 33025 Miramar, FL | $388,027 | $2,450/mo | 5.30% | -$248/mo |
| 32244 Jacksonville, FL | $254,345 | $1,594/mo | 5.25% | -$173/mo |
| 33311 Fort Lauderdale, FL | $363,199 | $2,379/mo | 5.55% | -$157/mo |
| 32210 Jacksonville, FL | $220,477 | $1,375/mo | 5.22% | -$156/mo |
| 33463 Greenacres, FL | $385,898 | $2,546/mo | 5.60% | -$151/mo |