Trend of Rental Yield in Iberia 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: Iberia Parish under performed than Louisiana by -5.7
• % Change Population: Iberia Parish under performed than US by -5.9
• CAGR Population: Iberia Parish under performed than state by -0.9
• CAGR Population: Iberia Parish under performed than US by -0.9
• % Change Median Gross Rent: Iberia Parish under performed than Louisiana by -8.9
• % Change Median Gross Rent: Iberia Parish under performed than US by -5.5
• CAGR Median Gross Rent: Iberia Parish under performed than state by -1.3
• CAGR Median Gross Rent: Iberia Parish under performed than US by -0.8
• % Change Home Value: Iberia Parish under performed than Louisiana by -12.3
• % Change Home Value: Iberia Parish out performed than US by 10.2
• CAGR Home Value: Iberia Parish under performed than state by -1.8
• CAGR Home Value: Iberia Parish out performed than US by 1.7
• % Change Rental Yield: Iberia Parish out performed than Louisiana by 3.0
• % Change Rental Yield: Iberia Parish under performed than US by -16.5
• CAGR Rental Yield: Iberia Parish out performed than state by 0.5
• CAGR Rental Yield: Iberia Parish under performed than US by -2.6

County	Iberia Parish
Population 2015	73,938
Population 2009	74,602
Population % change	-0.9
Population change rank compared to US	2,339
Population change rank compared to Louisiana	49
Median Gross Rent 2015	657
Median Gross Rent 2009	608
Median Gross Rent % change	8.1
Median Gross Rent change rank compared to US	2,497
Median Gross Rent change rank compared to Louisiana	54
Home Value 2015	99,600
Home Value 2009	93,500
Home Value % change	6.5
Home Value change rank compared to US	1,706
Home Value change rank compared to Louisiana	51
Rental Yield 2015	7.9
Rental Yield 2009	7.8
Rental Yield % change	1.4
Rental Yield change rank compared to US	2,125
Rental Yield change rank compared to Louisiana	37