Real Estate Investing in Westwego, Louisiana (70094)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 70094 (Westwego, 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.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Declining values: -1.3% 5-year CAGR — values have moved lower.
- Elevated vacancy: 11.2% vacancy may signal weakening demand.
- Elevated poverty: 20.0% poverty rate — can affect rent collection.
What’s happening in Westwego, LA (70094)?
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Market Analysis: 70094 Westwego
Investors eyeing 70094 need to respect the fundamentals at play. Home values of $188K come alongside slower price movement and elevated management overhead.
Rent of $1,456/mo on a $188K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 70094 sits below the stated 0.0% once reality is priced in.
In the broader LA picture, 70094 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A sturdy renter share of 39% in 70094 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 70094 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Westwego:
Property Strategy for 70094
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $141,940 | $1,340 | 6.8% | +4.7% | $70,970 |
| 3BR | $178,477 | $1,710 | 6.9% | +4.5% | $59,492 |
| 4BR | $248,789 | $2,000 | 5.8% | +3.6% | $62,197 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 70094 Compare?
| Metric | 70094 | Westwego | New Orleans-Metairie, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $188,040 | $188,040 | N/A | $207,909 |
| 5-Year CAGR | N/A | N/A | N/A | 0.7% |
| Avg Rent | $1,456 | $1,456 | N/A | - |
| Cap Rate | 6.0% | 6.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 70094 (Westwego, 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 | $188,040 |
| Monthly Rent | $1,456 |
| Price-to-Rent | 10.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.3% |
| Cap Rate | 6.0% |
| 5-Year IRR | 4.7% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | -0.2% ▼ |
| 5-Year CAGR | -1.3% ▼ |
| 10-Year CAGR | +1.5% ▲ |
🏠 Rent Trends
| 1-Year | -7.4% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (6.0%). 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 70094
Population: 32,031
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 70094
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
Hazel Park/Hilda Knoff School
Harahan School
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We evaluate schools based on factors that research shows actually impact educational outcomes:
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- 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
Does Westwego, LA favor landlords or tenants?
Rental owners in Westwego, LA deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How strong is tenant demand in Westwego, LA?
Working renters make up the core of the Westwego, LA tenant base. The pool is reasonable for investors targeting long-term holds.
Does Westwego, LA make sense for an investment property?
With a 3.0/5 investability score, Westwego, LA ranks as a solid market for rental property investors. Median prices of $188K and rents of $1,456/mo drive the underlying numbers.
How much do tenants pay in Westwego, LA?
Rent in Westwego, LA is around $1,456/mo. The resulting rent-to-value relationship with $188K pricing is reasonable for most investor models.
Where do home prices stand in Westwego, LA?
Westwego, LA median home values land near $188K. That is reasonable territory for investors looking at $1,456/mo-per-month rentals.
You know 70094 now. You don’t know where it ranks.
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How 70094 ranks in New Orleans-Metairie, LA
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