Trend of Rental Yield in Sabine 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: Sabine Parish under performed than Louisiana by -2.2
• % Change Population: Sabine Parish under performed than US by -2.4
• CAGR Population: Sabine Parish under performed than state by -0.4
• CAGR Population: Sabine Parish under performed than US by -0.4
• % Change Median Gross Rent: Sabine Parish under performed than Louisiana by -1.0
• % Change Median Gross Rent: Sabine Parish out performed than US by 2.3
• CAGR Median Gross Rent: Sabine Parish under performed than state by -0.1
• CAGR Median Gross Rent: Sabine Parish out performed than US by 0.4
• % Change Home Value: Sabine Parish under performed than Louisiana by -6.4
• % Change Home Value: Sabine Parish out performed than US by 16.0
• CAGR Home Value: Sabine Parish under performed than state by -0.9
• CAGR Home Value: Sabine Parish out performed than US by 2.6
• % Change Rental Yield: Sabine Parish out performed than Louisiana by 4.7
• % Change Rental Yield: Sabine Parish under performed than US by -14.8
• CAGR Rental Yield: Sabine Parish out performed than state by 0.8
• CAGR Rental Yield: Sabine Parish under performed than US by -2.3

County	Sabine Parish
Population 2015	24,248
Population 2009	23,629
Population % change	2.6
Population change rank compared to US	1,416
Population change rank compared to Louisiana	32
Median Gross Rent 2015	496
Median Gross Rent 2009	428
Median Gross Rent % change	15.9
Median Gross Rent change rank compared to US	1,360
Median Gross Rent change rank compared to Louisiana	35
Home Value 2015	79,900
Home Value 2009	71,100
Home Value % change	12.4
Home Value change rank compared to US	1,101
Home Value change rank compared to Louisiana	38
Rental Yield 2015	7.4
Rental Yield 2009	7.2
Rental Yield % change	3.1
Rental Yield change rank compared to US	1,977
Rental Yield change rank compared to Louisiana	33