Metropolitan Area

Houma, LA

Louisiana0
63
/100
Buy
#422 of 894 metros
Top 47% nationally for investing

Market Snapshot

$186,622
Median Home Price
27% below national median
$1,305/mo
Median Rent
6% below national median
8.39%
Rent-to-Price Ratio
Top 8% nationally
-$130
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

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

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20%
5%50%100%

Purchase

Purchase Price$186,622
Down Payment (20%)$37,324
Loan Amount$149,298
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,305
Monthly P&I-$978
Est. Expenses (35%)-$457
Net Cash Flow-$130/mo
5.5%
Cap Rate (all cash)
-3.6%
Cash-on-Cash Return
8.39%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 5.5% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

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Score Breakdown

Overall Investment Score
63/100
63
Cash Flow(30%)
84/100

Based on 8.39% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
31/100

Based on -4.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
90/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Above-average rent-to-price ratio (8.39%)
  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)

Challenges

  • -Declining home values (-4.0% YoY)
  • -Negative leverage (cap rate 5.5% < mortgage rate 6.9%)

Counties in Houma, LA

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Big Spring, TX
Big Spring, TX
83$150,742$1,34010.67%Strong BuyView
Taylorville, IL
Taylorville, IL
83$135,319Est.Strong BuyView
Enid, OK
Enid, OK
83$144,157$1,25010.40%Strong BuyView
Houghton, MI
Houghton, MI
83$194,696$1,73310.68%Strong BuyView
Kingsville, TX
Kingsville, TX
83$150,547$1,25710.02%Strong BuyView
Current
Houma, LA
63$186,622$1,3058.39%Buy

The Bottom Line

BuyHouma, LA offers solid investment potential with good cash flow or appreciation prospects.

The Houma, LA metro area scores 63/100, ranking #422 of 894 US metros (top 47%). The 8.39% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential across the metro.

Monthly Cash Flow
$-130/mo
Cap Rate
5.5%
Cash-on-Cash
-4.2%

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