Real Estate Investing in Gramercy, Louisiana (70052)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 70052 (Gramercy, LA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 17.2% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.4% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Gramercy, LA (70052)?
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Market Analysis: 70052 Gramercy
Not every below-median market is a bargain. Gramercy's 70052 ZIP comes in at signals that favor experienced operators who can absorb the risk $204K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 70052 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Gramercy have seen price recovery that 70052 has not matched. Saint James Parish data supports the view that the spread is structural rather than temporary.
A robust renter share of 12% in 70052 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 70052 is an operator game, not a passive one. In practical terms, entry prices of $204K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Gramercy:
Market Trends
Home Value History (with trend line)
📊 How Does 70052 Compare?
| Metric | 70052 | Gramercy | New Orleans-Metairie, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $203,976 | $203,976 | N/A | $207,909 |
| 5-Year CAGR | 1.4% | 1.4% | N/A | 0.7% |
| Avg Rent | $1,017 | $1,017 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 70052 (Gramercy, LA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $203,976 |
| Monthly Rent | $1,017 |
| Price-to-Rent | 16.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 5.3% |
📈 Home Appreciation
| 1-Year | +6.2% ▲ |
| 3-Year CAGR | +0.0% ▲ |
| 5-Year CAGR | +1.4% ▲ |
| 10-Year CAGR | +1.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 70052
Population: 2,931
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 70052
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
Garyville/Mt. Airy Math & Science Magnet Schl.
Lutcher High School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
How should investors approach Gramercy, LA?
In Gramercy, LA the solid play is typically careful cash-flow rentals with hands-on management. The combination of $204K prices and $1,017/mo rents suits that approach.
Does a duplex house hack pencil in Gramercy, LA?
The a challenging house-hack environment in Gramercy, LA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What are home prices like in Gramercy, LA?
Median home price in Gramercy, LA is near $204K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
Should investors consider Gramercy, LA?
The 2.0/5 investability rating in Gramercy, LA reflects its $204K prices and $1,017/mo rents. Investors generally consider it a solid option within LA.
How deep is the rental pool in Gramercy, LA?
Expect a solid tenant pool in Gramercy, LA. The rental market absorbs $1,017/mo rents without meaningful friction.
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