Real Estate Investing in Theriot, Louisiana (70397)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 70397 (Theriot, LA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 47.9% of homes vacant — above national norms.
- Declining values: -0.8% 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 Theriot, LA (70397)?
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Market Analysis: 70397 Theriot
Investors eyeing 70397 need to respect the fundamentals at play. Home values of $161K come alongside slower price movement and elevated management overhead.
On the rental side, the numbers look inviting — $161K purchase price, 0.0% nominal cap — the work to hit that pro forma in 70397 is substantial and deserves full respect.
Regionally, 70397 sits on the difficult end of the LA spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
The 70397 ZIP's population of 867 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
New investors are better served looking at Theriot's stable or hybrid ZIPs before stepping into 70397. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Theriot:
Market Trends
Home Value History (with trend line)
📊 How Does 70397 Compare?
| Metric | 70397 | Theriot | Houma-Thibodaux, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $161,085 | $161,085 | N/A | $207,909 |
| 5-Year CAGR | N/A | N/A | N/A | 0.7% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 4.8% | 4.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 70397 (Theriot, LA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $161,085 |
| Monthly Rent | $981 |
| Price-to-Rent | 13.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.8% |
| 5-Year IRR | 4.0% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | -0.8% ▼ |
| 10-Year CAGR | +0.6% ▲ |
🏠 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 (4.8%). 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 70397
Population: 867
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
Frequently Asked Questions
Does Theriot, LA make sense for an investment property?
Investors tracking Theriot, LA will find a 3.0/5 rating supported by $161K median home values and $981/mo rents. That profile suits long-term holders targeting steady returns.
How expensive is real estate in Theriot, LA?
Expect median prices around $161K in Theriot, LA. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
What do landlords charge for rent in Theriot, LA?
Average rent in Theriot, LA is approximately $981/mo per month. Against $161K home values that yields a reasonable rent-to-price ratio.
How strong is tenant demand in Theriot, LA?
The renter base in Theriot, LA is reasonable for the $981/mo price point. Screening well and pricing to market typically yields measured tenants.
How high is vacancy risk in Theriot, LA?
Theriot, LA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 70397 now. You don’t know where it ranks.
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How 70397 ranks in Houma-Thibodaux, LA
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