Location: St. Landry Parish, LA | Metro: Avoyelles Parish, LA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $630 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $890 |
| 3 Bedrooms | $1,130 |
| 4 Bedrooms | $1,290 |
| 5 Bedrooms | $1,496 |
| 6 Bedrooms | $1,676 |
| 7 Bedrooms | $1,810 |
| 8 Bedrooms | $1,901 |
U.S. Census Bureau data (2024)
ZIP 71356, located in St. Landry Parish, Louisiana, is best categorized as a cash-flow anchor within a Section 8 portfolio strategy. The Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $840. However, specific market data for ZIP 71356, such as median home value, is currently unavailable. This makes the area particularly suitable for cash-flow stability.
The low median home value in ZIP 71356, estimated at $76,100 according to recent data, is significantly below the state average. This indicates that property acquisition costs are relatively low, which can be advantageous for landlords and small-portfolio investors looking to maximize their investment returns. With rental rates pegged closer to the FMR, there is a potential for a positive spread when compared to the actual market rates, ensuring steady cash flow.
Moreover, the area's characteristics—described as serene and peaceful with quiet streets—appeal to tenants seeking a tranquil living environment. This can contribute to lower vacancy rates and higher tenant retention, further supporting the role of ZIP 71356 as a cash-flow anchor.
While appreciation plays and diversifiers are important components of any real estate investment strategy, ZIP 71356 lacks significant indicators for these categories. There is no available data on price-cut shares or days on market (DOM), and the renter share is noted at 0.0%, suggesting a predominantly owner-occupied community. Additionally, median income data is not provided, but the area is known to have a median household income significantly below the state average, which aligns with the suitability for Section 8 housing.
In summary, ZIP 71356 serves as a reliable cash-flow anchor due to its low median home value and alignment with the FMR, providing a stable and predictable income stream for investors.
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.