Is Putnam County, FL good for real estate investing?

Putnam County has an investment score of 60/100, rated as "Buy". The county ranks #328 nationally among 1000 counties analyzed.

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

The rent-to-price ratio in Putnam County is 7.78% annually, which ranks in the 88th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Putnam?

The median home price in Putnam County is $211,534. This ranks #405 in affordability among all US counties.

Can you cash flow on rental properties in Putnam?

Based on median values with 20% down at current rates, a typical rental in Putnam County would generate negative cash flow of $218/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Putnam County

FloridaPopulation: 73,604

/100

Buy

#328 of 1,000 counties

#2 in Florida (67 counties)

Market Snapshot

$211,534

Median Home Price

9% below national median

$1,371/mo

Median Rent

9% below national median

7.78%

Rent-to-Price Ratio

Top 12% nationally

-$218

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$211,534

Down Payment (20%)$42,307

Loan Amount$169,227

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,371

Monthly P&I-$1,109

Est. Expenses (35%)-$480

Net Cash Flow-$218/mo

5.1%

Cap Rate (all cash)

-5.4%

Cash-on-Cash Return

7.78%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.1% 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

60/100

Cash Flow(30%)

78/100

Based on 7.78% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

49/100

Based on -0.1% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

59/100

Price-to-income ratio of 4.7x. 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 (7.78%)
+Complete rent data available

Challenges

-Declining home values (-0.1% YoY)
-Negative cash flow at typical financing (-$218/mo)
-Negative leverage (cap rate 5.1% < mortgage rate 6.9%)

Economic Indicators

Population

73,604

Median Income

$44,852

vs $57,022 national est.

Unemployment Rate

—

Data pending

Price-to-Income

4.7x

Moderately affordable

Compare to Nearby Counties

County					Verdict
CurrentPutnamFL	60	$211,534	$1,371	7.78%	Buy
Santa RosaFL	57	$343,674	$1,980	6.91%	Hold	View
EscambiaFL	56	$273,928	$1,596	6.99%	Hold	View
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

The Bottom Line

BuyPutnam offers solid investment potential with good cash flow or appreciation prospects.

Putnam County in Florida scores 60/100, ranking #328 of 1,000 US counties (top 43%). The 7.78% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-218/mo

Cap Rate

5.1%

Cash-on-Cash

-5.4%

Ready to Analyze a Deal in Putnam?

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$211,534

Down Payment (20%)$42,307

Loan Amount$169,227

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,371

Monthly P&I-$1,109

Est. Expenses (35%)-$480

Net Cash Flow-$218/mo

5.1%

Cap Rate (all cash)

-5.4%

Cash-on-Cash Return

7.78%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.1% 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

60/100

Cash Flow(30%)

78/100

Based on 7.78% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

49/100

Based on -0.1% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

59/100

Price-to-income ratio of 4.7x. Lower ratios indicate more affordable markets.

County

Verdict

CurrentPutnamFL

$211,534

$1,371

7.78%

Buy

Santa RosaFL

$343,674

$1,980

6.91%

Hold

View

EscambiaFL

$273,928

$1,596

6.99%

Hold

View

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