Real Estate Investing in Scott, Louisiana (70583)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 70583 (Scott, LA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Elevated vacancy: 8.6% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (1.0% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Scott, LA (70583)?
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Market Analysis: 70583 Scott
ZIP 70583 in Scott, LA carries a robust set of headwinds. Home values near $215K and rents of $855/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 $215K asset, 70583 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within LA, ZIP 70583 trails on several market indicators that neighboring Lafayette Parish submarkets outperform. The gap is real and healthy enough to shape underwriting.
The demographic picture in 70583 includes headwinds that any investor should price in. Income distribution skews lower than Scott averages, and tenant stability requires active management.
Distressed ZIPs reward experience. robust returns are possible in 70583, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Scott:
Market Trends
Home Value History (with trend line)
📊 How Does 70583 Compare?
| Metric | 70583 | Scott | Lafayette, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $215,153 | $215,153 | N/A | $207,909 |
| 5-Year CAGR | 1.0% | 1.0% | N/A | 0.7% |
| Avg Rent | $855 | $855 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 70583 (Scott, LA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $215,153 |
| Monthly Rent | $855 |
| Price-to-Rent | 21.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 4.1% |
📈 Home Appreciation
| 1-Year | +3.9% ▲ |
| 3-Year CAGR | -0.8% ▼ |
| 5-Year CAGR | +1.0% ▲ |
| 10-Year CAGR | +1.2% ▲ |
🏠 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 (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.
Demographics in 70583
Population: 8,670
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 70583
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
Are rents high in Scott, LA?
Rents in Scott, LA run near $855/mo. Compared with median home prices of $215K that produces solid gross yields for typical rentals.
How high is vacancy risk in Scott, LA?
Vacancy risk in Scott, LA is elevated. That supports predictable cash flow for typical rental holds.
How should investors approach Scott, LA?
Most investors in Scott, LA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.
What is it like being a landlord in Scott, LA?
LA law landlord-friendly for landlords, and Scott inherits those rules. Investors should still review local ordinances for rental licensing.
How strong is tenant demand in Scott, LA?
Scott, LA draws a predictable base of working renters. Demand at the $855/mo rent level is reasonable for standard single-family and small multi rentals.
You know 70583 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 70583 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.
How 70583 ranks in Lafayette, LA
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