Ouachita Parish presents a yield-versus-resilience tension: the published 8.59% gross yield warrants investigation, but buyers relying on rapid rent gains or ignoring flood costs should be cautious. Zillow’s county median asking rent is $1,298 per month and its median home value is $181,417; rent rose 20.10% year over year while value rose 0.53%. This is a county screen, not asset underwriting.
The supplied gross yield is annual market rent before costs, not net yield. The effective property-tax rate is 0.54%, and reported median annual tax is $1,054, so carrying costs need property-specific confirmation. HUD’s supplied FMR is a payment standard, not an asking-rent estimate, and cannot replace market rent in the yield. FHFA’s annual repeat-transaction HPI rose 4.07%; it is an index, not a home value, and cannot be averaged with Zillow’s separately dated, differently measured change.
Realtor.com’s MLS listing market shows active listings down 41.05% year over year, while 16.02% of listings had price reductions. That tightens visible supply while preserving evidence of seller concessions; it is neither closed-sale pricing nor proof of buyer demand. Tax-return migration was negative by 351 households, and movers leaving reported average incomes $1,290 above movers arriving. There were 235 investor purchase mortgages out of 1,392 total. QCEW employment rose 0.55% in annual covered jobs at county workplaces; this is not resident employment, unemployment, or a forecast. Education and health services is the largest disclosed private supersector, not the whole economy.
Modeled climate loss equals 0.09% of building value annually and inland flood is the dominant hazard; this is a county model, not a property-loss estimate. Vacancy, operating and insurance expenses, flood-zone and claims history, property condition, and closed-sale comparables are not published. Those absences prevent net-cash-flow, asset-level hazard, and purchase-price underwriting; verify lease comparables, insurance terms, taxes, and flood exposure for target parcels before any purchase decision.