Real Estate Investing in Saint Mary Parish, Louisiana
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Should you buy in Saint Mary Parish County, LA? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market β rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 17.5% of homes vacant β above national norms.
- Declining values: -0.9% 5-year CAGR β values have moved lower.
What’s happening in Saint Mary Parish County, LA?
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Market Trends β Saint Mary Parish County
County Home Value History
Investing in Saint Mary Parish County Real Estate
Saint Mary Parish County (LA) covers 4 ZIPs and 4 municipalities. unambiguously the fundamentals here skew distressed, and both rent and price trends have been tepid across most of the geography.
The investment case for Saint Mary Parish County is difficult to make on screen data alone. better suited elsewhere for a 3.0 rating and cap rates that appear attractive only until real vacancy is underwritten.
Distressed-leaning demographics in Saint Mary Parish β soft income growth, high rent burden, population shifts β are among the reasons the β β β ββ rating sits where it does.
Landlord Ground Truth
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Cities in Saint Mary Parish County
ZIP Codes in Saint Mary Parish County, LA
Screen every market in Saint Mary Parish County
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View PlansFrequently Asked Questions About Saint Mary Parish County
What are home prices like in, LA?
In, LA the median home value sits at $133K. Against the broader LA market, that reads as reasonable for most investors.
What is the typical renter like in, LA?
The renter base in, LA is reasonable for the $842/mo price point. Screening well and pricing to market typically yields steady tenants.
Are rents high in, LA?
Rental rates in, LA average $842/mo. Tenant demand and $133K home values make the yield look reasonable by investor standards.
What is the investability score for, LA?
The 3.0/5 investability rating in, LA reflects its $133K prices and $842/mo rents. Investors generally consider it a solid option within LA.
Community Ratings
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