Is Union Parish, LA good for real estate investing?

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

What is the median home price in Union Parish?

The median home price in Union Parish is $146,817. This ranks #68 in affordability among all US counties.

Can you cash flow on rental properties in Union Parish?

Based on median values with 20% down at current rates, a typical rental in Union Parish would generate positive cash flow of $0/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Union Parish

LouisianaPopulation: 21,049

/100

Buy

#461 of 1,000 counties

#27 in Louisiana (64 counties)

Market Snapshot

$146,817

Median Home Price

46% below national median

$8,786/mo

Est. Rent

Based on regional data

5.98%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

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

Score Breakdown

Overall Investment Score

61/100

Cash Flow(30%)

0/100

Based on 0.00% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

53/100

Based on 0.3% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

83/100

Price-to-income ratio of 3.1x. 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

+Affordable relative to local incomes

Challenges

-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-Limited rent data (estimates used)

Economic Indicators

Population

21,049

Median Income

$47,068

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.1x

Moderately 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
CurrentUnion ParishLA	61	$146,817	Est. pending	—	Buy
Rapides ParishLA	61	$165,369	$972	7.05%	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

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

Union Parish in Louisiana scores 61/100, ranking #461 of 1,000 US counties (top 46%).

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash