The Orlando real estate market is one of the best places to invest in real estate in 2020. So much so that the real estate investors flocking to Orlando have pushed the city into a very hot seller’s market- everyone wants a piece of Orlando real estate in 2020. Here on Mashvisor, we have seen an increased interest in Orlando investment properties for sale, even during these tough times. So we wanted to guide future Orlando real estate investors by pointing out where the best neighborhoods in the city are for buying a rental property.
In addition to a list of the best neighborhoods in Orlando, we want to show you how you can effectively find top-performing neighborhoods in the US housing market on your own. Being able to conduct your own neighborhood analysis of the Orlando housing market is key, especially now. Why? Because if you’re unable to buy an investment property today, you may find that some of the best real estate opportunities in the following Orlando neighborhoods have already been bought up by another investor. Remember, it’s not a buyer’s market so properties tend to move fast. And now that the governor has deemed real estate an essential business in the Florida housing market during the coronavirus, people will be back on the hunt for Orlando homes for sale. When you are ready to go for an Orlando real estate investment, you’ll be able to figure out where to invest your money on your own.
The Best Neighborhoods in Orlando for Real Estate Investing in 2020
To provide you with a more in-depth Orlando real estate market forecast 2020 for hot neighborhoods, we took a look at our neighborhood data by property type. Here is what we found:
The Best Orlando Neighborhoods for All Investment Property Types
Timberleaf
- Median Property Price: $178,180
- Price per Square Foot: $120
- Price to Rent Ratio: 9
- Traditional Rental Income: $1,617
- Traditional Cash on Cash Return: 5.6%
Lake Fairview
- Median Property Price: $176,767
- Price per Square Foot: $161
- Price to Rent Ratio: 10
- Traditional Rental Income: $1,445
- Traditional Cash on Cash Return: 3.5%
Signal Hill
- Median Property Price: $210,188
- Price per Square Foot: $134
- Price to Rent Ratio: 12
- Traditional Rental Income: $1,445
- Traditional Cash on Cash Return: 3.3%
Crescent Park
- Median Property Price: $230,680
- Price per Square Foot: $166
- Price to Rent Ratio: 11
- Traditional Rental Income: $1,723
- Traditional Cash on Cash Return: 3.1%
The Willows
- Median Property Price: $208,146
- Price per Square Foot: $128
- Price to Rent Ratio: 13
- Traditional Rental Income: $1,382
- Traditional Cash on Cash Return: 3.0%
The Best Orlando Neighborhoods for Single Family Homes for Sale
Timberleaf
- Median Property Price: $178,180
- Price per Square Foot: $120
- Price to Rent Ratio: 9
- Traditional Rental Income: $1,617
- Traditional Cash on Cash Return: 5.6%
Lake Fairview
- Median Property Price: $199,600
- Price per Square Foot: $169
- Price to Rent Ratio: 11
- Traditional Rental Income: $1,533
- Traditional Cash on Cash Return: 3.6%
Signal Hill
- Median Property Price: $246,223
- Price per Square Foot: $149
- Price to Rent Ratio: 13
- Traditional Rental Income: $1,533
- Traditional Cash on Cash Return: 3.2%
Park Central
- Median Property Price: $240,000
- Price per Square Foot: $141
- Price to Rent Ratio: 13
- Traditional Rental Income: $1,530
- Traditional Cash on Cash Return: 3.1%
South Semoran
- Median Property Price: $289,740
- Price per Square Foot: $165
- Price to Rent Ratio: 13
- Traditional Rental Income: $1,830
- Traditional Cash on Cash Return: 2.9%
Start your search for single family homes for sale in the Orlando real estate market 2020 now.
The Best Orlando Neighborhoods for Condos for Sale
Pineloch
- Median Property Price: $164,562
- Price per Square Foot: $139
- Price to Rent Ratio: 9
- Traditional Rental Income: $1,592
- Traditional Cash on Cash Return: 3.3%
Conway
- Median Property Price: $120,317
- Price per Square Foot: $105
- Price to Rent Ratio: 8
- Traditional Rental Income: $1,186
- Traditional Cash on Cash Return: 3.1%
Vista East
- Median Property Price: $164,675
- Price per Square Foot: $170
- Price to Rent Ratio: 10
- Traditional Rental Income: $1,427
- Traditional Cash on Cash Return: 2.7%
Kirkman North
- Median Property Price: $139,671
- Price per Square Foot: $143
- Price to Rent Ratio: 9
- Traditional Rental Income: $1,244
- Traditional Cash on Cash Return: 2.2%
Boggy Creek
- Median Property Price: $163,633
- Price per Square Foot: $157
- Price to Rent Ratio: 10
- Traditional Rental Income: $1,310
- Traditional Cash on Cash Return: 2.1%
Start your search for condos for sale in the Orlando real estate market 2020 now.
The Best Orlando Neighborhoods for Townhouses for Sale
The Willows
- Median Property Price: $99,000
- Price per Square Foot: $90
- Price to Rent Ratio: 6
- Traditional Rental Income: $1,369
- Traditional Cash on Cash Return: 7.0%
Colonial Town Center
- Median Property Price: $429,900
- Price per Square Foot: $215
- Price to Rent Ratio: 12
- Traditional Rental Income: $3,035
- Traditional Cash on Cash Return: 4.6%
Mercy Drive
- Median Property Price: $99,000
- Price per Square Foot: $96
- Price to Rent Ratio: 8
- Traditional Rental Income: $1,038
- Traditional Cash on Cash Return: 4.0%
Engelwood Park
- Median Property Price: $164,900
- Price per Square Foot: $134
- Price to Rent Ratio: 9
- Traditional Rental Income: $1,510
- Traditional Cash on Cash Return: 3.7%
South Semoran
- Median Property Price: $240,000
- Price per Square Foot: $149
- Price to Rent Ratio: 13
- Traditional Rental Income: $ 1,580
- Traditional Cash on Cash Return: 2.9%
Start your search for townhouses for sale in the Orlando real estate market 2020 now.
The Best Orlando Neighborhoods for Multi Family Homes for Sale
Ventura
- Median Property Price: $169,900
- Price per Square Foot: $199
- Price to Rent Ratio: 12
- Traditional Rental Income: $1,200
- Traditional Cash on Cash Return: 3.2%
Hibiscus
- Median Property Price: $176,000
- Price per Square Foot: $163
- Price to Rent Ratio: 11
- Traditional Rental Income: $1,282
- Traditional Cash on Cash Return: 3.1%
Lake Fairview
- Median Property Price: $194,500
- Price per Square Foot: $185
- Price to Rent Ratio: 12
- Traditional Rental Income: $1,299
- Traditional Cash on Cash Return: 3.1%
North Orange
- Median Property Price: $725,000
- Price per Square Foot: $222
- Price to Rent Ratio: 13
- Traditional Rental Income: $4,607
- Traditional Cash on Cash Return: 3.0%
Lake Nona Central
- Median Property Price: $312,000
- Price per Square Foot: $200
- Price to Rent Ratio: 13
- Traditional Rental Income: $1,946
- Traditional Cash on Cash Return: 2.6%
Start your search for multi family homes for sale in the Orlando real estate market 2020 now.
Note: Because non-owner occupied properties cannot be rented out on Airbnb in Orlando, we have omitted our Airbnb data for neighborhoods here. However, if you wish to buy an Airbnb Orlando rental property to live in while renting out to guests, you can get access to neighborhood data like Airbnb rental income, Airbnb cash on cash return, and Airbnb occupancy rate by signing up for Mashvisor.
How to Find the Best Neighborhoods in the Orlando Real Estate Market
There is an easy way to figure out where to invest in Orlando. It does, however, require the use of online data and real estate investment software. One important tool to take advantage of is a real estate heatmap. This tool takes neighborhood data and efficiently displays it using different colors. It helps you to quickly find the best neighborhoods in any city in the US housing market. Let’s take a quick look at how you can use Mashvisor’s Real Estate Heatmap to conduct a neighborhood analysis of the Orlando real estate market.
Step #1: Type in Orlando, FL into the Real Estate Search Engine
Visit the real estate search engine and type in Orlando, FL. Select the city from the dropdown menu. You’ll be taken to a map of Orlando neighborhoods that looks like this:
Mashvisor – Map of Neighborhoods in the Orlando Real Estate Market
Step #2: Click on “Explore Data”
Hit the “Explore Data” button which will reveal a few different filters that you can use to find neighborhoods with top-performing Orlando income property for sale:
- Listing Price
- Airbnb Cash on Cash Return
- Traditional Cash on Cash Return
- Airbnb Rental Income
- Traditional Rental Income
- Airbnb Occupancy Rate
Step #3: Select the Filters That Match Your Search Criteria
This is the step where you’ll want to decide exactly what you’re looking for in an Orlando real estate investment. As an example, let’s say you want to first identify affordable neighborhoods in Orlando. Select the “Listing Price” filter. All the neighborhoods highlighted in red and orange currently have affordable real estate for sale:
Mashvisor’s Real Estate Heatmap – Listing Price Filter
Next, you’ll probably want to set the “Traditional Cash on Cash Return” filter. That’s because when buying property in Orlando, you want to make sure it will provide positive cash flow and a good return on investment. The neighborhoods marked in green will have high return properties for sale:
Mashvisor’s Real Estate Heatmap – Traditional Cash on Cash Return Filter
Related: A Guide to Finding High Cap Rate Properties for Sale
If you compare the two heatmaps of the Orlando real estate market above, you’ll see that there are some neighborhoods that are both affordable and provide good cash on cash return. You’ll probably want to start your search for Orlando investment property there.
But what if you want to find single family or multi family homes for sale in Orlando? There are other filters you can set using Mashvisor’s platform that will show you only the type of investment property you’re interested in when conducting a neighborhood analysis. Try it out for yourself now.
The Real Estate Heatmap is really a powerful tool. You can use it to keep an eye on up and coming neighborhoods in Orlando to ensure you find the best real estate deals before anyone else. And don’t forget, you can use Mashvisor’s other real estate investment tools to actually conduct an in-depth analysis of any property you have your eye on. You’ll get access to all kinds of real estate data and metrics including:
- General Property Information
- Tax History
- Rental Income
- Rental Property Expenses
- Cash Flow
- Cash on Cash Return
- Cap Rate
- Occupancy Rate
- Traditional vs Airbnb Rental Strategy Comparison
- Rental Comps
- Real Estate Sales Comps
- Investment Payback Balance
Related: The Ultimate Beginner’s Guide to Real Estate Investment Analysis
Start Your Investment Property Search Now
Ready to start looking for an investment property in a top neighborhood in the Orlando real estate market? Start your 7-day free trial with Mashvisor now to find the best neighborhoods and properties for investing in Orlando real estate.