Real Estate Investing in Harvey, Louisiana (70058)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 70058 (Harvey, LA)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Flat appreciation: Values have barely moved over 5 years (0.6% CAGR).
What’s happening in Harvey, LA (70058)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 70058 Harvey
Turning to rents, ZIP 70058 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $240K median. It rewards specialists, not generalists.
Turning to rents, the numbers look inviting — $240K purchase price, 0.0% nominal cap — the work to hit that pro forma in 70058 is substantial and deserves full respect.
Statewide comparisons place 70058 among LA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 70058 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 70058 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Harvey:
Property Strategy for 70058
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $153,256 | $1,350 | 6.3% | +3.6% | $76,628 |
| 3BR | $222,037 | $1,720 | 5.6% | +4.1% | $74,012 |
| 4BR | $269,591 | $2,040 | 5.4% | +3.2% | $67,398 |
| 5BR | $406,979 | — | — | +5.6% | $81,396 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 70058 Compare?
| Metric | 70058 | Harvey | New Orleans-Metairie, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $239,912 | $239,912 | N/A | $207,909 |
| 5-Year CAGR | 0.6% | 0.6% | N/A | 0.7% |
| Avg Rent | $1,218 | $1,218 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 70058 (Harvey, LA). Anonymous, moderated, never written by AI.
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Property managers serving Jefferson Parish County
Manage rentals here? List your business →Certain Property Management offers condominium and rental property management services, including residential and commercial property management and maintenance in New Orleans and Metairie, LA. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $239,912 |
| Monthly Rent | $1,218 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 4.6% |
📈 Home Appreciation
| 1-Year | +14.1% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +0.6% ▲ |
| 10-Year CAGR | +3.3% ▲ |
🏠 Rent Trends
| 1-Year | -12.9% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). 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 70058
Population: 39,690
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 70058
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Terrytown Elementary School
George Cox Elementary School
Geraldine Boudreaux Elementary School
Paul J. Solis Elementary School
Livaudais Middle 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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How qualified is the tenant pool in Harvey, LA?
Harvey, LA offers a predictable renter base at the $1,218/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is Harvey, LA good for landlords?
Landlord-friendliness in Harvey, LA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What are home prices like in Harvey, LA?
Expect median prices around $240K in Harvey, LA. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
Should investors worry about vacancy in Harvey, LA?
Rental vacancy in Harvey, LA is elevated. Investors should budget normal turnover but not chronic empty units.
What are rental rates like in Harvey, LA?
Rent in Harvey, LA is around $1,218/mo. The resulting rent-to-value relationship with $240K pricing is reasonable for most investor models.
You know 70058 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 70058 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 70058 ranks in New Orleans-Metairie, LA
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