Independence, LA — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

4.8%

Below average

Monthly Cash Flow

-$256

After all expenses

Price-to-Rent

12.6

Investor-friendly

DSCR

0.75

Fails

📊 Key Metrics

Median Home Price
$194,910
Average Rent (3BR)
$1,290/mo
Price-to-Rent Ratio
12.6(good)
1% Rule
0.66%(fails — need 1%+)
Cash-on-Cash Return
-6.8%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

🏘️ Best Zip Codes in Independence for Investors

70443
Cap Rate: 4.8%Cash Flow: -$256/mo$194,910
70443
Cap Rate: 4.8%Cash Flow: -$256/mo$194,910

All Zip Codes in Independence

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
704434.8%-$256$194,910$1,290/mo0.75
704434.8%-$256$194,910$1,290/mo0.75