Real Estate Investing in New Llano, Louisiana (71461)

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

Vernon Parish • Population: 2,253 • Data updated: September 2026

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Should you buy in 71461 (New Llano, 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
3 flags
  • High vacancy: 13.0% of homes vacant — above national norms.
  • Declining values: 0.0% 5-year CAGR — values have moved lower.
  • Higher unemployment: 8.9% unemployment — tenant risk signal.

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

What’s happening in New Llano, LA (71461)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $122,425
Avg Monthly Rent $945
1% Rule ✗ Does Not Meet
Median Income $50,265
% Renters 53.5%

Market Analysis: 71461 New Llano

Not every below-median market is a bargain. New Llano's 71461 ZIP sits at signals that favor experienced operators who can absorb the risk $122K pricing implies.

For an experienced owner, 71461 can be a a strong candidate for hunting ground — but the discount at $122K reflects genuine risk that outside investors often underestimate.

In the broader LA picture, 71461 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Demographically, 71461 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.

Strategy in 71461 is an operator game, not a passive one. Meanwhile, entry prices of $122K are inviting, the management lift is real and non-optional.

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 New Llano:

C Below Average
Buy Confidence Score: 58/100
Affordability
25/25
Appreciation
5/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.4× the median income
Value Trend
Declining (-1.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $945/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
Fort Polk South, LA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
4.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Fort Polk South, LA metro data

Market Trends

Home Value History (with trend line)

$140K$134K$128K$122K$116K$109KDec 2010Oct 2018Jul 2026

📊 How Does 71461 Compare?

Metric 71461 New Llano Fort Polk South, LA Louisiana
Home Value $122,425 $122,425 N/A $207,909
5-Year CAGR N/A N/A N/A 0.7%
Avg Rent $945 $945 N/A -
Cap Rate 6.0% 6.0% - -

Similar ZIPs Within 25 Miles

Compare other nearby markets to see if a neighbor offers a better fit.

71459 5.6 mi
Fort Johnson, LA
Value: N/A
71446 7.8 mi
Leesville, LA
Value: $168,036 Rating: 3.0/5
71403 10.5 mi
Anacoco, LA
Value: $175,459 Rating: 3.0/5
71475 11.6 mi
Slagle, LA
Value: N/A
70659 13.8 mi
Rosepine, LA
Value: N/A
70639 15.2 mi
Evans, LA
Value: N/A
71439 15.5 mi
Hornbeck, LA
Value: $165,661 Rating: 3.0/5
75932 19.3 mi
Burkeville, TX
Value: $213,132 Rating: 3.0/5
71474 19.9 mi
Simpson, LA
Value: N/A
71429 20.7 mi
Florien, LA
Value: $190,738 Rating: 2.0/5
💡 Why Invest in 71461? Click to expand

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

54% of households rent in this area, creating consistent tenant demand for landlords.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 71461 (New Llano, LA). Anonymous, moderated, never written by AI.

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Investability
★★★★★
Good
Cap Rate
6.0%
Good
5yr Growth
0.0%
Declining

📉 Market Crash Risk Index

Based on Fort Polk South, LA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $122,425
Monthly Rent $945
Price-to-Rent 10.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 9.3%
Cap Rate 6.0%
5-Year IRR 6.0%

📈 Home Appreciation

1-Year -1.2% ▼
3-Year CAGR -3.4% ▼
5-Year CAGR 0.0% ▼
10-Year CAGR +0.5% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 6.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (6.0%). 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 →
Rate data: Freddie Mac 30-yr fixed as of September 10, 2026. Cap rate is an estimate based on local rents and home values with a 35% expense assumption. Not financial advice.

⚠️ Risk Signals

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

Vacancy
13.0%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
0.0%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 71461

Population: 2,253

💰 Median Household Income
$50,265
This area
$50,265
State
$55,539
USA
$74,580
33% below national average
📊 Bottom 25%
✓ Strong tenant purchasing power
🏠 Renter Occupied
53.5%
This area
53.5%
State
27.4%
USA
34.0%
57% above national average
📊 Top 10%
✓ Existing rental market demand
💼 Unemployment Rate
8.9%
This area
8.9%
State
-18.7%
USA
3.7%
141% above national average
📊 High
✓ Employment stability for tenants
🎓 College Educated
15.7%
This area
15.7%
State
-4.6%
USA
33.7%
53% below national average
📊 Bottom 25%
✓ White-collar tenant pool
👤 Median Age
35.8 years
This area
35.8 years
State
-6.3 years
USA
38.9 years
8% below national average
📊 Near average
✓ Tenant demographic profile
🏚️ Vacancy Rate
13.0%
This area
13.0%
State
20.4%
USA
10.5%
24% above national average
📊 Above average
✓ Housing demand indicator
👥 Population by Ethnicity
Black/African American 38.8%
White 38.5%
Other/Mixed 19.7%
Hispanic/Latino 3.2%
Asian 3.0%
✓ Diverse community
👶 Under 18
24.6%
This area
24.6%
USA
22.0%
12% above national average
📊 Above average
✓ Family-oriented tenant demand
👴 65 and Over
15.8%
This area
15.8%
USA
17.3%
9% below national average
📊 Near average
✓ Retiree population
📊 Poverty Rate
14.2%
This area
14.2%
USA
11.5%
23% above national average
📊 Above average
✓ Economic stability of area

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

Frequently Asked Questions

How much is rent in New Llano, LA?

Average rent in New Llano, LA is approximately $945/mo per month. Against $122K home values that yields a reasonable rent-to-price ratio.

How strong is the working-renter base in New Llano, LA?

Tenant quality in New Llano, LA ranks as solid. Landlords generally report stable occupancy at market rents of $945/mo.

What is the smart move for investors in New Llano, LA?

Investors usually favor careful cash-flow rentals with hands-on management in New Llano, LA. With home values at $122K and rents near $945/mo, other strategies can work but produce consistent rather than outsized returns.

How viable is house hacking in New Llano, LA?

New Llano, LA offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $945/mo rent level.

How do home values compare in New Llano, LA?

Median home price in New Llano, LA is near $122K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.

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How 71461 ranks in Fort Polk South, LA

Every ZIP in this metro, ranked. Free.

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