Tangipahoa Parish has an income-versus-exit tension: income-focused buyers should investigate the reported yield, while buyers depending on rapid resale should be cautious. In Zillow’s county observation for 2026-06, the $226,247 median home value pairs with $1,402 monthly median asking rent and a supplied 7.44% gross yield before costs. That rent is measured market rent. HUD Fair Market Rent is a payment standard, not an asking-rent estimate, and must not be used to recalculate yield.
At the same Zillow vintage, home value rose 0.52% year over year while asking rent rose 4.17%; the spread supports only a gross-income reading, not a net-return conclusion. FHFA’s 2025 annual repeat-transaction HPI increased 0.27% and its five-year change was 31.62%. It is an appreciation index rather than a dollar home value, and its different vintage and method cannot be averaged with Zillow’s movement. The supplied effective property-tax rate is 0.41%; insurance, assessments, maintenance, vacancy and financing costs are not published.
Realtor.com’s 2026-06 MLS evidence points to a less tight visible listing market: 468 active listings, up 24.47%, a 65-day median marketing time, and 23.41% of listings reduced. These are asking-market supply and seller-concession measures, not closed prices or standalone proof of buyer demand. Tax-return migration is net inbound, but moving-in households have lower average AGI than moving-out households. Investor purchase mortgages represent 6.73% of purchases—96 of 1,427—so participation should be judged against the full purchase base, not treated as dominant competition. QCEW reports slightly lower annual covered employment at county workplaces and a higher covered-worker wage; Trade, transportation, and utilities is the largest disclosed private supersector, not the full economy.
Hurricane is the dominant hazard, and modeled expected annual building-value loss is 0.43%; it must be tested alongside location-specific insurance and mitigation rather than netted against county gross yield. The key next checks are parcel-level wind and flood coverage and deductibles, condition and elevation, executable rent comparables, and closed-sale and contract evidence. Their absence prevents underwriting net operating income, cash flow, resale pricing, or whether MLS softening reaches a target property.