Is Rapides Parish, LA good for real estate investing?

Rapides Parish has an investment score of 61/100, rated as "Buy". The county ranks #461 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Rapides Parish?

The rent-to-price ratio in Rapides Parish is 7.05% annually, which ranks in the 78th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Rapides Parish?

The median home price in Rapides Parish is $165,369. This ranks #116 in affordability among all US counties.

Can you cash flow on rental properties in Rapides Parish?

Based on median values with 20% down at current rates, a typical rental in Rapides Parish would generate negative cash flow of $235/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Rapides Parish

LouisianaPopulation: 129,536

/100

Buy

#461 of 1,000 counties

#27 in Louisiana (64 counties)

Market Snapshot

$165,369

Median Home Price

40% below national median

$972/mo

Median Rent

35% below national median

7.05%

Rent-to-Price Ratio

Top 22% nationally

-$235

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$165,369

Down Payment (20%)$33,074

Loan Amount$132,295

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$972

Monthly P&I-$867

Est. Expenses (35%)-$340

Net Cash Flow-$235/mo

4.6%

Cap Rate (all cash)

-7.4%

Cash-on-Cash Return

7.05%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.6% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

61/100

Cash Flow(30%)

71/100

Based on 7.05% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

43/100

Based on -1.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

85/100

Price-to-income ratio of 3.0x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (7.05%)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Declining home values (-1.4% YoY)
-Negative cash flow at typical financing (-$235/mo)
-Negative leverage (cap rate 4.6% < mortgage rate 6.9%)

Economic Indicators

Population

129,536

Median Income

$55,407

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.0x

Very affordable

Compare to Nearby Counties

County					Verdict
Lafayette ParishLA	62	$230,132	$1,371	7.15%	Buy	View
Saint James ParishLA	62	$193,087	Est. pending	—	Buy	View
CurrentRapides ParishLA	61	$165,369	$972	7.05%	Buy
Union ParishLA	61	$146,817	Est. pending	—	Buy	View
Bossier ParishLA	61	$237,022	$1,359	6.88%	Buy	View
Saint Bernard ParishLA	61	$206,030	$1,461	8.51%	Buy	View

The Bottom Line

BuyRapides Parish offers solid investment potential with good cash flow or appreciation prospects.

Rapides Parish in Louisiana scores 61/100, ranking #461 of 1,000 US counties (top 46%). The 7.05% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-235/mo

Cap Rate

4.6%

Cash-on-Cash

-7.4%

Ready to Analyze a Deal in Rapides Parish?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

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Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$165,369

Down Payment (20%)$33,074

Loan Amount$132,295

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$972

Monthly P&I-$867

Est. Expenses (35%)-$340

Net Cash Flow-$235/mo

4.6%

Cap Rate (all cash)

-7.4%

Cash-on-Cash Return

7.05%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.6% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

61/100

Cash Flow(30%)

71/100

Based on 7.05% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

43/100

Based on -1.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

85/100

Price-to-income ratio of 3.0x. Lower ratios indicate more affordable markets.

Compare to Nearby Counties

County					Verdict
Lafayette ParishLA	62	$230,132	$1,371	7.15%	Buy	View
Saint James ParishLA	62	$193,087	Est. pending	—	Buy	View
CurrentRapides ParishLA	61	$165,369	$972	7.05%	Buy
Union ParishLA	61	$146,817	Est. pending	—	Buy	View
Bossier ParishLA	61	$237,022	$1,359	6.88%	Buy	View
Saint Bernard ParishLA	61	$206,030	$1,461	8.51%	Buy	View

The Bottom Line

BuyRapides Parish offers solid investment potential with good cash flow or appreciation prospects.

Rapides Parish in Louisiana scores 61/100, ranking #461 of 1,000 US counties (top 46%). The 7.05% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-235/mo

Cap Rate

4.6%

Cash-on-Cash

-7.4%