Real Estate Investing in Deville, Louisiana (71328)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 71328 (Deville, 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.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Elevated vacancy: 9.4% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (0.6% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Deville, LA (71328)?
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Market Analysis: 71328 Deville
Investors eyeing 71328 need to respect the fundamentals at play. Home values of $202K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 71328 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 71328 among LA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
On the rental side, 8,081 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 71328 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Deville:
Property Strategy for 71328
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $145,447 | $1,010 | 5.0% | +1.4% | $72,724 |
| 3BR | $215,554 | $1,350 | 4.5% | +2.4% | $71,851 |
| 4BR | $306,539 | $1,510 | 3.5% | +3.7% | $76,635 |
Market Trends
Home Value History (with trend line)
📊 How Does 71328 Compare?
| Metric | 71328 | Deville | Alexandria, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $201,508 | $201,508 | N/A | $207,909 |
| 5-Year CAGR | 0.6% | 0.6% | N/A | 0.7% |
| Avg Rent | $909 | $909 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 71328 (Deville, LA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $201,508 |
| Monthly Rent | $909 |
| Price-to-Rent | 18.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 4.1% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | -2.2% ▼ |
| 5-Year CAGR | +0.6% ▲ |
| 10-Year CAGR | +1.6% ▲ |
🏠 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 (3.5%). 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 71328
Population: 8,081
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 71328
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 do landlords charge for rent in Deville, LA?
Expect rents around $909/mo per month in Deville, LA. With home values at $202K, the yield math works out to reasonable levels for rental investors.
Is it easy to find good tenants in Deville, LA?
The renter base in Deville, LA is reasonable for the $909/mo price point. Screening well and pricing to market typically yields stable tenants.
How do home values compare in Deville, LA?
In Deville, LA the median home value sits at $202K. Against the broader LA market, that reads as reasonable for most investors.
Which investment style suits Deville, LA?
A careful cash-flow rentals with hands-on management strategy Deville, LA best. The market produces steady results for that approach at the $202K price point.
Is real estate in Deville, LA a good investment right now?
Deville, LA scores 2.0/5 for investability. Home values sit at $202K and rents near $909/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 71328 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 71328 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 71328 ranks in Alexandria, LA
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