Real Estate Investing in Morgan City, Louisiana (70380)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 70380 (Morgan City, 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.
- High vacancy: 17.3% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.1% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Morgan City, LA (70380)?
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Market Analysis: 70380 Morgan City
ZIP 70380 inside Saint Mary Parish looks affordable on the surface — median value of $133K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 70380 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 70380's metrics run below Saint Mary Parish's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 70380 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 70380 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Morgan City:
Market Trends
Home Value History (with trend line)
📊 How Does 70380 Compare?
| Metric | 70380 | Morgan City | Morgan City, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $132,922 | $132,922 | N/A | $207,909 |
| 5-Year CAGR | 0.1% | 0.1% | N/A | 0.7% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 5.1% | 5.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 70380 (Morgan City, LA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $132,922 |
| Monthly Rent | $873 |
| Price-to-Rent | 12.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | 5.3% |
📈 Home Appreciation
| 1-Year | -1.1% ▼ |
| 3-Year CAGR | -2.0% ▼ |
| 5-Year CAGR | +0.1% ▲ |
| 10-Year CAGR | +0.0% ▲ |
🏠 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 (5.1%). 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 70380
Population: 21,043
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 70380
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 expensive is real estate in Morgan City, LA?
Expect median prices around $133K in Morgan City, LA. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
Is Morgan City, LA better for rentals, flips, or BRRRR?
A careful cash-flow rentals with hands-on management strategy Morgan City, LA best. The market produces consistent results for that approach at the $133K price point.
Is the tenant base reliable in Morgan City, LA?
Working renters make up the core of the Morgan City, LA tenant base. The pool is reasonable for investors targeting long-term holds.
Does house hacking make sense in Morgan City, LA?
The house hack math a challenging in Morgan City, LA. Owner-occupant buyers benefit from the $873/mo rents and $133K home values.
Is Morgan City, LA a good market for buy-and-hold investors?
The 3.0/5 investability rating in Morgan City, LA reflects its $133K prices and $873/mo rents. Investors generally consider it a solid option within LA.
You know 70380 now. You don’t know where it ranks.
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