Is the Morgan City, LA metro area good for real estate investing?

The Morgan City, LA metropolitan area has an investment score of 47/100, rated as "Hold". It ranks #766 nationally among 894 metro areas analyzed.

What is the median home price in Morgan City, LA?

The median home price in the Morgan City, LA metro area is $117,177. The metro area includes 0 counties with prices ranging from the most affordable to more premium markets.

Can you cash flow on rental properties in Morgan City, LA?

Based on median values with 20% down at current rates, a typical rental in the Morgan City, LA metro would generate negative cash flow of $614/month. Individual property and county performance varies. Explore the county-level analysis for more specific opportunities.

Metropolitan Area

Morgan City, LA

Louisiana0

/100

Hold

#766 of 894 metros

Top 86% nationally for investing

Market Snapshot

$117,177

Median Home Price

54% below national median

$6,913/mo

Est. Rent

Based on regional data

5.90%

Rent-to-Price Ratio

Estimated from price data

-$614

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

Score Breakdown

Overall Investment Score

47/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

4/100

Based on -10.0% 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%)

100/100

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

+Affordable relative to local incomes
+Low unemployment (0.0%)

Challenges

-Declining home values (-10.0% YoY)
-Negative cash flow at typical financing (-$614/mo)
-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)

Counties in Morgan City, LA

County data is being compiled for this metro area.

Compare to Similar Metros

Metro Area					Verdict
Dublin, GA Dublin, GA	67	$173,576	$1,042	7.20%	Buy	View
Nacogdoches, TX Nacogdoches, TX	67	$224,697	$1,145	6.12%	Buy	View
Sandusky, OH Sandusky, OH	67	$238,887	$1,532	7.69%	Buy	View
Greenwood, SC Greenwood, SC	67	$178,133	$1,252	8.43%	Buy	View
Starkville, MS Starkville, MS	67	$256,680	$1,636	7.65%	Buy	View
Current Morgan City, LA	47	$117,177	Est.		Hold

The Bottom Line

HoldMorgan City, LA is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Morgan City, LA metro area scores 47/100, ranking #766 of 894 US metros (top 86%). Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow

$-614/mo

Cap Rate

0.0%

Cash-on-Cash

-31.5%

Ready to Invest in Morgan City, LA?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

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