Is Citrus County, FL good for real estate investing?

Citrus County has an investment score of 54/100, rated as "Hold". The county ranks #483 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Citrus?

The rent-to-price ratio in Citrus County is 7.55% annually, which ranks in the 85th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Citrus?

The median home price in Citrus County is $269,107. This ranks #590 in affordability among all US counties.

Can you cash flow on rental properties in Citrus?

Based on median values with 20% down at current rates, a typical rental in Citrus County would generate negative cash flow of $311/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Citrus County

FloridaPopulation: 155,173

/100

Hold

#483 of 1,000 counties

#16 in Florida (67 counties)

Market Snapshot

$269,107

Median Home Price

15% above national median

$1,692/mo

Median Rent

12% above national median

7.55%

Rent-to-Price Ratio

Top 15% nationally

-$311

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$269,107

Down Payment (20%)$53,821

Loan Amount$215,286

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,692

Monthly P&I-$1,411

Est. Expenses (35%)-$592

Net Cash Flow-$311/mo

4.9%

Cap Rate (all cash)

-6.0%

Cash-on-Cash Return

7.55%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.9% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

54/100

Cash Flow(30%)

75/100

Based on 7.55% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

31/100

Based on -3.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

53/100

Price-to-income ratio of 5.1x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (7.55%)
+Complete rent data available

Challenges

-Declining home values (-3.8% YoY)
-Negative cash flow at typical financing (-$311/mo)
-Negative leverage (cap rate 4.9% < mortgage rate 6.9%)

Economic Indicators

Population

155,173

Median Income

$52,569

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

5.1x

Less affordable

Compare to Nearby Counties

County					Verdict
ColumbiaFL	55	$265,072	$1,438	6.51%	Hold	View
LeonFL	55	$284,858	$1,460	6.15%	Hold	View
ClayFL	55	$331,840	$1,825	6.60%	Hold	View
CurrentCitrusFL	54	$269,107	$1,692	7.55%	Hold
PolkFL	53	$298,028	$1,841	7.41%	Hold	View
MarionFL	53	$272,403	$1,619	7.13%	Hold	View

The Bottom Line

HoldCitrus is a neutral market. Consider house hacking or targeting below-market deals.

Citrus County in Florida scores 54/100, ranking #483 of 1,000 US counties (top 64%). The 7.55% rent-to-price ratio indicates moderate cash flow potential. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-311/mo

Cap Rate

4.9%

Cash-on-Cash

-6.0%

Ready to Analyze a Deal in Citrus?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$269,107

Down Payment (20%)$53,821

Loan Amount$215,286

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,692

Monthly P&I-$1,411

Est. Expenses (35%)-$592

Net Cash Flow-$311/mo

4.9%

Cap Rate (all cash)

-6.0%

Cash-on-Cash Return

7.55%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.9% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

54/100

Cash Flow(30%)

75/100

Based on 7.55% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

31/100

Based on -3.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

53/100

Price-to-income ratio of 5.1x. Lower ratios indicate more affordable markets.

County

Verdict

ColumbiaFL

$265,072

$1,438

6.51%

Hold

View

LeonFL

$284,858

$1,460

6.15%

Hold

View

ClayFL

$331,840

$1,825

6.60%

Hold

View

CurrentCitrusFL

$269,107

$1,692

7.55%

Hold

PolkFL

$298,028

$1,841

7.41%

Hold

View

MarionFL

$272,403

$1,619

7.13%

Hold

View

The Bottom Line

HoldCitrus is a neutral market. Consider house hacking or targeting below-market deals.

Monthly Cash Flow

$-311/mo

Cap Rate

4.9%

Cash-on-Cash

-6.0%