Real Estate Investing in Folsom, Louisiana (70437)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Saint Tammany Parish • Population: 7,696 • Data updated: September 2026

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Should you buy in 70437 (Folsom, LA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (42/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 9.6% vacancy may signal weakening demand.
  • Flat appreciation: Values have barely moved over 5 years (1.1% CAGR).

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Folsom, LA (70437)?

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2.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $308,653
Avg Monthly Rent $1,206
1% Rule ✗ Does Not Meet
Median Income $68,380
% Renters 8.3%

Market Analysis: 70437 Folsom

ZIP 70437 in Folsom, LA carries a resilient set of headwinds. Home values near $309K and rents of $1,206/mo sit inside a market where underwriting has to be tight.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $309K asset, 70437 is the wrong submarket. If the plan prices in friction, the yield can still work.

ZIP 70437's metrics run below Saint Tammany Parish's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

A resilient renter share of 8% in 70437 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

The right play in 70437 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Folsom:

C+ Average
Buy Confidence Score: 63/100
Affordability
15/25
Appreciation
14/25
Stability
9/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.5× the median income
Value Trend
Rising (+7.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,206/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
New Orleans-Metairie, LA Metro Area
More inventory, negotiating room for buyers
97 days
Average time to sell
Slow
7.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from New Orleans-Metairie, LA metro data
🏠

Property Strategy for 70437

Which property type performs best in this market?

Best for Cash Flow
3BR
3.8% cap rate
Best for Appreciation
3BR
+5.5% 5yr CAGR
Best Overall Value
3BR
$106,715/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $320,145 $1,710 3.8% +5.5% $106,715
4BR $446,498 $2,000 3.2% +5.2% $111,625

Market Trends

Home Value History (with trend line)

$377K$341K$304K$268K$231K$195KJul 2006Jul 2016Jul 2026

📊 How Does 70437 Compare?

Metric 70437 Folsom New Orleans-Metairie, LA Louisiana
Home Value $308,653 $308,653 N/A $207,909
5-Year CAGR 1.1% 1.1% N/A 0.7%
Avg Rent $1,206 $1,206 N/A -
Cap Rate 3.1% 3.1% - -
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 70437 (Folsom, LA). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
3.1%
Low
5yr Growth
+1.1%
Slow

📊 Market Snapshot

Home Value $308,653
Monthly Rent $1,206
Price-to-Rent 21.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.7%
Cap Rate 3.1%
5-Year IRR 4.1%

📈 Home Appreciation

1-Year +7.4% ▲
3-Year CAGR +2.3% ▲
5-Year CAGR +1.1% ▲
10-Year CAGR +2.3% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). 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.

Vacancy
9.6%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+1.1%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 70437

Population: 7,696

💰 Median Household Income
$68,380
This area
$68,380
State
$55,539
USA
$74,580
🏠 Renter Occupied
8.3%
This area
8.3%
State
27.4%
USA
34.0%
💼 Unemployment Rate
1.5%
This area
1.5%
State
-18.7%
USA
3.7%
🎓 College Educated
31.9%
This area
31.9%
State
-4.6%
USA
33.7%
👤 Median Age
50.1 years
This area
50.1 years
State
-6.3 years
USA
38.9 years
🏚️ Vacancy Rate
9.6%
This area
9.6%
State
20.4%
USA
10.5%
👥 Population by Ethnicity
White 86.9%
Black/African American 6.6%
Other/Mixed 6.5%
Hispanic/Latino 3.7%
👶 Under 18
17.6%
This area
17.6%
USA
22.0%
👴 65 and Over
22.1%
This area
22.1%
USA
17.3%
📊 Poverty Rate
8.6%
This area
8.6%
USA
11.5%

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 70437

A Avg School Grade
2 Schools
11.8:1 Avg Class Size
$16,036 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Folsom Junior High School

📚 06 – 08 Middle
👥
209 Students
👨‍🏫
10.4:1 Class Size
💰
$16,036 Per Student
A Very Good

Folsom Elementary School

📚 Pre-K – 05 Elementary
👥
483 Students
👨‍🏫
13.1:1 Class Size
💰
$16,036 Per Student
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

3 Nearby
C
Saint Joseph Seminary College
99 students · 8.0 mi
C
Aveda Arts & Sciences Institute-Covington
2,538 students · 10.1 mi
C
Delta College Inc
153 students · 12.2 mi

Frequently Asked Questions

What are home prices like in Folsom, LA?

Homes in Folsom, LA typically sell near $309K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.

What do landlords charge for rent in Folsom, LA?

Investors in Folsom, LA typically see rents near $1,206/mo per month against $309K home values - a solid setup for rental cash flow.

Should investors worry about vacancy in Folsom, LA?

Vacancy risk in Folsom, LA is elevated. That supports even-keeled cash flow for typical rental holds.

Is LA a landlord-friendly state?

LA law landlord-friendly for landlords, and Folsom inherits those rules. Investors should still review local ordinances for rental licensing.

Is it easy to find good tenants in Folsom, LA?

Tenant quality in Folsom, LA ranks as solid. Landlords generally report stable occupancy at market rents of $1,206/mo.

You know 70437 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 70437 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.

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How 70437 ranks in New Orleans-Metairie, LA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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