ZIP CODE 34787 // ORLANDO-KISSIMMEE-SANFORD, FL // DATA AS OF 2026-09-30
Winter Garden, FL (34787) Rental Property Cap Rate & Cash Flow Report
Located in Orange County (Winter Garden, FL), Zip Code 34787 ranks #308 of 500 nationally (39th percentile) with a Zillow ZHVI typical acquisition price of $573,339 (-0.4% YoY) and a ZORI observed market rent of $2,249/mo (-1.2% YoY). Requires at least 63.0% down payment at 6.5% interest to reach $0/mo break-even cash flow.
Net Monthly Cash Flow
-$1,558/mo
Annual: -$18,702/yr
Net Cap Rate
2.81%
NOI: $16,088/yr
Cash-on-Cash Return
-14.18%
Cash Needed: $131,868
1% Rule Ratio
0.39%
Gross Yield: 4.71%
Break-Even Rent
$4,041/mo
State Tax: 0.79%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 34787 BENCHMARK)
Edit any value
Purchase Price (ZHVI Median)
Monthly Gross Rent (ZORI Median)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (FL Avg 0.79%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,899/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$909/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (34787)
| Year | Median Price | Median Rent | Gross Yield |
|---|---|---|---|
| 2021 | $462,758 | $1,858/mo | 4.82% |
| 2022 | $584,310 | $2,185/mo | 4.49% |
| 2023 | $590,996 | $2,243/mo | 4.55% |
| 2024 | $601,389 | $2,279/mo | 4.55% |
| 2025 | $575,586 | $2,277/mo | 4.75% |
| 2026 | $573,339 | $2,249/mo | 4.71% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 33647 Tampa, FL | $466,612 | $1,805/mo | 2.75% | -$1,290/mo |
| 33157 Village of Palmetto Bay, FL | $627,146 | $2,515/mo | 2.90% | -$1,657/mo |
| 32259 Saint Johns, FL | $546,728 | $2,001/mo | 2.53% | -$1,611/mo |
| 32765 Oviedo, FL | $486,743 | $2,135/mo | 3.29% | -$1,127/mo |
| 34711 Clermont, FL | $426,376 | $1,984/mo | 3.57% | -$889/mo |
| 33186 The Crossings, FL | $523,743 | $2,475/mo | 3.64% | -$1,058/mo |