Trend of Rental Yield in Allen Parish, Louisiana

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

1. Median Gross Rent
2. Median Home Value

 

Our key findings

• % Change Population: Allen Parish under performed than Louisiana by -4.4
• % Change Population: Allen Parish under performed than US by -4.5
• CAGR Population: Allen Parish under performed than state by -0.7
• CAGR Population: Allen Parish under performed than US by -0.7
• % Change Median Gross Rent: Allen Parish under performed than Louisiana by -13.5
• % Change Median Gross Rent: Allen Parish under performed than US by -10.2
• CAGR Median Gross Rent: Allen Parish under performed than state by -2.0
• CAGR Median Gross Rent: Allen Parish under performed than US by -1.5
• % Change Home Value: Allen Parish under performed than Louisiana by -7.9
• % Change Home Value: Allen Parish out performed than US by 14.6
• CAGR Home Value: Allen Parish under performed than state by -1.2
• CAGR Home Value: Allen Parish out performed than US by 2.3
• % Change Rental Yield: Allen Parish under performed than Louisiana by -5.2
• % Change Rental Yield: Allen Parish under performed than US by -24.7
• CAGR Rental Yield: Allen Parish under performed than state by -0.9
• CAGR Rental Yield: Allen Parish under performed than US by -4.0

County	Allen Parish
Population 2015	25,653
Population 2009	25,528
Population % change	0.5
Population change rank compared to US	1,978
Population change rank compared to Louisiana	43
Median Gross Rent 2015	522
Median Gross Rent 2009	505
Median Gross Rent % change	3.4
Median Gross Rent change rank compared to US	2,846
Median Gross Rent change rank compared to Louisiana	57
Home Value 2015	81,100
Home Value 2009	73,100
Home Value % change	10.9
Home Value change rank compared to US	1,228
Home Value change rank compared to Louisiana	41
Rental Yield 2015	7.7
Rental Yield 2009	8.3
Rental Yield % change	-6.8
Rental Yield change rank compared to US	2,698
Rental Yield change rank compared to Louisiana	56