Real Estate Investing in Broussard, Louisiana (70518)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 70518 (Broussard, LA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 11.3% vacancy may signal weakening demand.
What’s happening in Broussard, LA (70518)?
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Market Analysis: 70518 Broussard
ZIP 70518 inside Lafayette Parish looks affordable on the surface — median value of $285K — but the discount exists for reasons that a careful buyer should understand before committing.
The 70518 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Broussard have seen price recovery that 70518 has not matched. Lafayette Parish data supports the view that the spread is structural rather than temporary.
Demographically, 70518 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 70518 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Broussard:
Property Strategy for 70518
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $261,639 | $1,300 | 3.6% | +3.8% | $87,213 |
| 4BR | $361,257 | $1,580 | 3.1% | +3.2% | $90,314 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 70518 Compare?
| Metric | 70518 | Broussard | Lafayette, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $284,711 | $284,711 | N/A | $207,909 |
| 5-Year CAGR | 2.7% | 2.7% | N/A | 0.7% |
| Avg Rent | $1,529 | $1,529 | N/A | - |
| Cap Rate | 4.2% | 4.2% | - | - |
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 70518 (Broussard, LA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $284,711 |
| Monthly Rent | $1,529 |
| Price-to-Rent | 15.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.2% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +2.9% ▲ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +1.8% ▲ |
🏠 Rent Trends
| 1-Year | -0.4% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). 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 70518
Population: 16,667
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 70518
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 are home prices like in Broussard, LA?
Broussard, LA home values average about $285K. That price point suits investors targeting rentals with $1,529/mo in monthly income.
How strong is the working-renter base in Broussard, LA?
The tenant pool in Broussard, LA is solid, supported by local employment and population fundamentals. Rents of $1,529/mo are well-absorbed by the market.
Is vacancy a concern in Broussard, LA?
Vacancy risk in Broussard, LA is elevated. That supports predictable cash flow for typical rental holds.
Does house hacking work in Broussard, LA?
Broussard, LA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $285K price point reasonable to enter.
How does Broussard, LA rate as a rental market?
The 3.0/5 investability rating in Broussard, LA reflects its $285K prices and $1,529/mo rents. Investors generally consider it a solid option within LA.
You know 70518 now. You don’t know where it ranks.
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How 70518 ranks in Lafayette, LA
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