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Market MapLouisianaRapides Parish

Rapides Parish

LouisianaPopulation: 129,536
60
/100
Buy
#331 of 1,000 counties
#24 in Louisiana (64 counties)

Market Snapshot

$159,635
Median Home Price
32% below national median
$990/mo
Median Rent
34% below national median
7.44%
Rent-to-Price Ratio
Top 16% nationally
-$194
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$159,635
Down Payment (20%)$31,927
Loan Amount$127,708
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$990
Monthly P&I-$837
Est. Expenses (35%)-$347
Net Cash Flow-$194/mo
4.8%
Cap Rate (all cash)
-6.3%
Cash-on-Cash Return
7.44%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 4.8% 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
60/100
60
Cash Flow(30%)
74/100

Based on 7.44% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
33/100

Based on -3.5% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
87/100

Price-to-income ratio of 2.9x. 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 (7.44%)
  • +Affordable relative to local incomes
  • +Complete rent data available

Challenges

  • -Declining home values (-3.5% YoY)
  • -Negative leverage (cap rate 4.8% < mortgage rate 6.9%)

Economic Indicators

Population
129,536
Median Income
$55,407
vs $57,018 national est.
Unemployment Rate
—
Data pending
Price-to-Income
2.9x
Very affordable

Compare to Nearby Counties

CountyVerdict
CurrentRapides ParishLA
60$159,635$9907.44%Buy
Saint Tammany ParishLA
60$275,874$1,5606.78%BuyView
Tangipahoa ParishLA
60$217,337$1,2286.78%BuyView
West Carroll ParishLA
59$120,526Est. pending—HoldView
East Baton Rouge ParishLA
59$227,649$1,2986.84%HoldView
Ouachita ParishLA
59$172,866$1,0097.00%HoldView

The Bottom Line

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

Rapides Parish in Louisiana scores 60/100, ranking #331 of 1,000 US counties (top 44%). The 7.44% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow
$-194/mo
Cap Rate
4.8%
Cash-on-Cash
-6.3%

Ready to Analyze a Deal in Rapides Parish?

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