Real Estate Investing in Carencro, Louisiana (70520)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 70520 (Carencro, 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.
- Elevated vacancy: 11.4% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (1.4% CAGR).
What’s happening in Carencro, LA (70520)?
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Market Analysis: 70520 Carencro
Stepping back, ZIP 70520 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $213K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 70520 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 70520's metrics run below Lafayette Parish's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A impressive renter share of 20% in 70520 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 70520 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Carencro:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 70520 Compare?
| Metric | 70520 | Carencro | Lafayette, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $213,269 | $213,269 | N/A | $207,909 |
| 5-Year CAGR | 1.4% | 1.4% | N/A | 0.7% |
| Avg Rent | $1,245 | $1,245 | N/A | - |
| Cap Rate | 4.6% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 70520 (Carencro, LA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $213,269 |
| Monthly Rent | $1,245 |
| Price-to-Rent | 14.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.6% |
| 5-Year IRR | 6.0% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | -0.5% ▼ |
| 5-Year CAGR | +1.4% ▲ |
| 10-Year CAGR | +1.4% ▲ |
🏠 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 (4.6%). 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 70520
Population: 20,134
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 70520
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
Investor Insight: With 2,810 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do rents currently stand in Carencro, LA?
Carencro, LA rentals go for roughly $1,245/mo a month. That puts gross yield in solid territory relative to $213K acquisition costs.
What approach is best for Carencro, LA real estate?
In Carencro, LA the notable play is typically careful cash-flow rentals with hands-on management. The combination of $213K prices and $1,245/mo rents suits that approach.
How does Carencro, LA rate as a rental market?
Yes - Carencro, LA a 3.0/5 investability score. With $213K home prices against $1,245/mo monthly rent, the market delivers a reasonable entry point for new investors.
How quickly do rentals get leased in Carencro, LA?
Occupancy in Carencro, LA runs predictable with elevated vacancy. Well-priced units at $1,245/mo lease on reasonable timelines.
What is the typical home price in Carencro, LA?
Carencro, LA median home values land near $213K. That is reasonable territory for investors looking at $1,245/mo-per-month rentals.
You know 70520 now. You don’t know where it ranks.
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How 70520 ranks in Lafayette, LA
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