Location: Sabine Parish, LA | Metro: Shreveport-Bossier City, LA MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 71065 reveals a clear opportunity for positive cash flow given the disparity between the HUD Fair Market Rent (FMR) and the actual market rents. The HUD FMR for the metro area, including ZIP 71065, is set at $930 for fiscal year 2026. In contrast, the Census ACS data indicates that the average market rent in this area is $675. This means that voucher tenants can easily cashflow at the FMR rate, providing landlords and small-portfolio investors with a substantial margin.
To further analyze the investment potential, it's important to note that the median home value in ZIP 71065 is not available. However, this lack of data does not significantly impact the rent-to-price ratio analysis, which would typically be used to gauge the relative affordability of renting versus buying. Given the unavailability of the median home value, we cannot calculate an exact rent-to-price ratio; however, the low market rent suggests that rental properties are likely to remain competitive even if home values were to increase.
The days on market (DOM) and the percentage of price cuts are also not available for this area. These metrics are crucial for understanding the dynamics between the rental and home-buying markets. Despite their absence, the significant gap between the HUD FMR and the market rent implies that there is little pressure from the home-buying market on rental prices, allowing landlords to maintain higher rents without risking vacancy.
In summary, the strongest investor angle in ZIP 71065 is cashflow. With voucher tenants paying $930, well above the market rent of $675, landlords can expect steady income and minimal risk of vacancy, making this area particularly attractive for those seeking reliable returns on their investment properties.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.