Real Estate Investing in Oberlin, Louisiana (70655)

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

Allen Parish • Population: 2,892 • Data updated: September 2026

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Should you buy in 70655 (Oberlin, LA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

📈 For Investors
MIXED
3.0 / 5 (57/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 15.6% of homes vacant — above national norms.
  • 1-year downturn: Values declined 18.0% in the last year.

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

What’s happening in Oberlin, LA (70655)?

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3.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $92,654
Avg Monthly Rent $837
1% Rule ✗ Does Not Meet
Median Income $48,061
% Renters 25.6%

Market Analysis: 70655 Oberlin

From an investor standpoint, ZIP 70655 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $93K median. It rewards specialists, not generalists.

The investment case in 70655 is robust only for operators who understand what they are buying. A $93K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

ZIP 70655's metrics run below Allen Parish's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

Who lives in 70655 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Experienced landlords with local relationships tend to find 70655 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

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 Oberlin:

C Below Average
Buy Confidence Score: 55/100
Affordability
25/25
Appreciation
0/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 1.9× the median income
Value Trend
Declining (-18.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $837/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$123K$117K$110K$103K$97K$90KJan 2024May 2025Jul 2026

📊 How Does 70655 Compare?

Metric 70655 Oberlin Louisiana
Home Value $92,654 $92,654 $207,909
5-Year CAGR N/A N/A 0.7%
Avg Rent $837 $837 -
Cap Rate 7.1% 7.1% -
💡 Why Invest in 70655? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 70655 (Oberlin, LA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
7.1%
Good

📊 Market Snapshot

Home Value $92,654
Monthly Rent $837
Price-to-Rent 9.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 10.8%
Cap Rate 7.1%
5-Year IRR N/A

📈 Home Appreciation

1-Year -18.0% ▼
3-Year CAGR N/A
5-Year CAGR N/A
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Neutral Leverage Cap Rate: 7.1%  |  30yr Rate: 6.8%
Leverage is roughly neutral here.

The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.1%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
15.6%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 70655

Population: 2,892

💰 Median Household Income
$48,061
This area
$48,061
State
$55,539
USA
$74,580
🏠 Renter Occupied
25.6%
This area
25.6%
State
27.4%
USA
34.0%
💼 Unemployment Rate
5.3%
This area
5.3%
State
-18.7%
USA
3.7%
🎓 College Educated
13.4%
This area
13.4%
State
-4.6%
USA
33.7%
👤 Median Age
29.9 years
This area
29.9 years
State
-6.3 years
USA
38.9 years
🏚️ Vacancy Rate
15.6%
This area
15.6%
State
20.4%
USA
10.5%
👥 Population by Ethnicity
White 69.1%
Black/African American 28.9%
Other/Mixed 1.5%
Hispanic/Latino 0.6%
Asian 0.5%
👶 Under 18
31.2%
This area
31.2%
USA
22.0%
👴 65 and Over
17.5%
This area
17.5%
USA
17.3%
📊 Poverty Rate
13.5%
This area
13.5%
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 70655

A Avg School Grade
2 Schools
9.3:1 Avg Class Size
$14,994 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Oberlin Elementary School

📚 Pre-K – 06 School
👥
281 Students
👨‍🏫
10.8:1 Class Size
💰
$14,994 Per Student
A Very Good

Oberlin High School

📚 07 – 12 High School
👥
195 Students
👨‍🏫
7.8:1 Class Size
💰
$14,994 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.

Frequently Asked Questions

How much should I expect to pay for a home in Oberlin, LA?

The median home value in Oberlin, LA is roughly $93K. That puts it reasonable relative to the LA statewide average.

How strong is tenant demand in Oberlin, LA?

Tenant demand in Oberlin, LA is solid. The local workforce $837/mo rents across most rental classes.

How do landlord-tenant laws work in Oberlin, LA?

Rental owners in Oberlin, LA deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

How does Oberlin, LA stack up for property investment?

Oberlin, LA scores 3.0/5 for investability. Home values sit at $93K and rents near $837/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

What are rental rates like in Oberlin, LA?

Rent in Oberlin, LA is around $837/mo. The resulting rent-to-value relationship with $93K pricing is reasonable for most investor models.

You know 70655 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 70655 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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