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Market MapLouisianaTerrebonne Parish

Terrebonne Parish

LouisianaPopulation: 108,862
59
/100
Hold
#543 of 1,000 counties
#33 in Louisiana (64 counties)

Market Snapshot

$173,690
Median Home Price
37% below national median
$1,239/mo
Median Rent
17% below national median
8.56%
Rent-to-Price Ratio
Top 5% nationally
-$106
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

20%
5%50%100%

Purchase

Purchase Price$173,690
Down Payment (20%)$34,738
Loan Amount$138,952
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,239
Monthly P&I-$911
Est. Expenses (35%)-$434
Net Cash Flow-$106/mo
5.6%
Cap Rate (all cash)
-3.2%
Cash-on-Cash Return
8.56%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 5.6% 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 AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
59/100
59
Cash Flow(30%)
86/100

Based on 8.56% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
11/100

Based on -7.1% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
89/100

Price-to-income ratio of 2.8x. 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 (8.56%)
  • +Affordable relative to local incomes
  • +Complete rent data available

Challenges

  • -Declining home values (-7.1% YoY)
  • -Negative leverage (cap rate 5.6% < mortgage rate 6.9%)

Economic Indicators

Population
108,862
Median Income
$63,088
vs $62,400 national est.
Unemployment Rate
—
Data pending
Price-to-Income
2.8x
Very affordable

Compare to Nearby Counties

CountyVerdict
CurrentTerrebonne ParishLA
59$173,690$1,2398.56%Hold
East Baton Rouge ParishLA
59$227,649$1,2986.84%HoldView
Ouachita ParishLA
59$172,866$1,0097.00%HoldView
Pointe Coupee ParishLA
59$189,105Est. pending—HoldView
West Carroll ParishLA
59$120,526Est. pending—HoldView
Orleans ParishLA
58$237,009$1,6238.22%HoldView

The Bottom Line

HoldTerrebonne Parish is a neutral market. Consider house hacking or targeting below-market deals.

Terrebonne Parish in Louisiana scores 59/100, ranking #543 of 1,000 US counties (top 54%). The 8.56% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential.

Monthly Cash Flow
$-106/mo
Cap Rate
5.6%
Cash-on-Cash
-3.2%

Ready to Analyze a Deal in Terrebonne Parish?

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