Real Estate Investing in Bourg, Louisiana (70343)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 70343 (Bourg, LA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bourg, LA (70343)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 70343 Bourg
This part of Terrebonne Parish is not an easy win. The 70343 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 70343 is sturdy only for operators who understand what they are buying. A $229K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 70343 sits on the difficult end of the LA spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 70343 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Bourg's stable or hybrid ZIPs before stepping into 70343. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Bourg:
Market Trends
Home Value History (with trend line)
📊 How Does 70343 Compare?
| Metric | 70343 | Bourg | Houma-Thibodaux, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $228,893 | $228,893 | N/A | $207,909 |
| 5-Year CAGR | 2.7% | 2.7% | N/A | 0.7% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
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 70343 (Bourg, LA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 70343 (Bourg, LA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $228,893 |
| Monthly Rent | $936 |
| Price-to-Rent | 20.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 5.9% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +2.5% ▲ |
🏠 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 (3.2%). 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 70343
Population: 5,271
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 70343
Schools in This ZIP Code
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
What is the typical home price in Bourg, LA?
Homes in Bourg, LA typically sell near $229K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
Which real estate strategy fits Bourg, LA?
The best-fit strategy in Bourg, LA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Bourg, LA a smart market for rental property?
The 3.0/5 investability rating in Bourg, LA reflects its $229K prices and $936/mo rents. Investors generally consider it a solid option within LA.
How landlord-friendly is Bourg, LA?
Landlord-friendliness in Bourg, LA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Do rentals sit vacant long in Bourg, LA?
Expect elevated vacancy in Bourg, LA. Rents at $936/mo are absorbed by the tenant base without meaningful lag.
You know 70343 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 70343 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 70343 ranks in Houma-Thibodaux, LA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 70343 (Bourg)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 70343 (Bourg, LA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.