Real Estate Investing in Grand Isle, Louisiana (70358)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 70358 (Grand Isle, LA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 77.8% of homes vacant — above national norms.
- Declining values: -3.1% 5-year CAGR — values have moved lower.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Grand Isle, LA (70358)?
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Market Analysis: 70358 Grand Isle
The 70358 ZIP in Grand Isle, LA is a local-operator market. Outside capital chasing a $267K entry has to pair deep knowledge with the discount.
In practical terms, the numbers look inviting — $267K purchase price, 0.0% nominal cap — the work to hit that pro forma in 70358 is substantial and deserves full respect.
The gap between 70358 and stronger Grand Isle ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 70358 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.
The right play in 70358 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Grand Isle:
Market Trends
Home Value History (with trend line)
📊 How Does 70358 Compare?
| Metric | 70358 | Grand Isle | New Orleans-Metairie, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $266,852 | $266,852 | N/A | $207,909 |
| 5-Year CAGR | N/A | N/A | N/A | 0.7% |
| Avg Rent | $1,332 | $1,332 | 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 70358 (Grand Isle, 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 | $266,852 |
| Monthly Rent | $1,332 |
| Price-to-Rent | 16.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 0.8% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | -3.1% ▼ |
| 10-Year CAGR | N/A |
🏠 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 70358
Population: 644
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 70358
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.
Frequently Asked Questions
How quickly do rentals get leased in Grand Isle, LA?
Vacancy risk in Grand Isle, LA is elevated. That supports even-keeled cash flow for typical rental holds.
How much is rent in Grand Isle, LA?
Rents in Grand Isle, LA run near $1,332/mo. Compared with median home prices of $267K that produces solid gross yields for typical rentals.
What is the typical home price in Grand Isle, LA?
In Grand Isle, LA the median home value sits at $267K. Against the broader LA market, that reads as reasonable for most investors.
What strategy should investors use in Grand Isle, LA?
A careful cash-flow rentals with hands-on management strategy Grand Isle, LA best. The market produces consistent results for that approach at the $267K price point.
How does Grand Isle, LA stack up for property investment?
Yes - Grand Isle, LA a 2.0/5 investability score. With $267K home prices against $1,332/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 70358 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 70358 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 70358 ranks in New Orleans-Metairie, LA
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