Caddo Parish, LA

Caddo Parish presents an income-versus-appreciation tension: a $152,948 median home value, $1,145 monthly median asking rent and supplied 8.98% gross yield provide a potentially workable starting spread, while migration and repeat-transaction price signals temper an appreciation-led case. It merits investigation by operators able to verify property-level rents, taxes and inland-flood exposure; buyers relying on broad appreciation or easy exit liquidity should be cautious.

In Zillow's county 2026-06 observation, value rose 2.87% year over year and asking rent 4.04%, a favorable near-term rent/price direction but not proof of collected rent or net income. The yield is a gross market-rent measure before vacancies, management, insurance, repairs, financing and taxes. The 0.62% effective property-tax rate and $1,085 median annual tax are carrying-cost inputs, not parcel estimates. HUD's two-bedroom FMR is a payment standard, not asking rent; the supplied comparison says market rent is 3.10% above it.

FHFA's 2025 annual repeat-transaction HPI rose 0.12%, while its cumulative five-year change was 18.98%; this index is not a home value and cannot be averaged with Zillow's differently timed, differently constructed reading. QCEW reports county-workplace annual covered employment up 1.97%, and Education and health services, the largest disclosed private supersector, accounts for 28.00% of total private covered jobs; neither describes resident employment or a forecast. Tax-return migration was net negative 921 households, with inbound movers' average AGI $8,965 below outbound movers'. Investor mortgages were 10.46% of 1,969 purchases, signaling buyer competition without establishing renter demand. Realtor.com MLS listing-market figures are not published, preventing an assessment of visible supply, marketing time, or seller concessions.

Modeled annual climate loss equals 0.12% of building value and aligns with inland flood as the dominant hazard, but it is a county-level modeled ratio rather than an asset insurance quote or flood determination. The record lacks property-level flood zones, insurance premiums, condition, vacancy, operating expenses, lease collections and closed-sale comparables. Those omissions prevent net-yield, flood-cost, and exit-value underwriting; they should be resolved alongside MLS supply data before relying on county averages.