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Cap Rate Analysis: Fort Polk South, LA

Investment metrics, interactive calculators, and data-driven analysis for Fort Polk South rental properties.

Market data powered by Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) · Updated Feb 2026

Strong investment fundamentals
Based on $160,000 median price and $1,230/mo median rent
Est. Cap Rate
7.27%
1% Rule
0.77%
Fails
GRM
10.8x
Price / Income
3.5x

Market Data

Median Home Price$160,000
Median Monthly Rent$1,230
Property Tax Rate0.54%
Population50,000
Population Growth0.3% / yr
Median Household Income$45,760
Vacancy Rate6.7%
Annual Appreciation2.1%

Cap Rate Calculator — Fort Polk South

Pre-filled with Fort Polk South medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
0.54% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
6.01%Moderate
Net Operating Income ÷ Purchase Price
NOI / Year
$9,619
net operating income
Gross Rent Multiplier
10.8x
Good (<15)
1% Rule
0.77%
✗ Fails
Monthly Cash Flow
$802
before debt service
Annual Breakdown
Gross Rental Income$14,760
Less Vacancy−$989
Effective Income$13,771
Less Operating Expenses−$4,152
Net Operating Income$9,619
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Cash-on-Cash Return — Fort Polk South

Factor in financing to see your actual return on invested capital in Fort Polk South.

$
$40,000
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-1.86%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$44,800
$40,000 down + $4,800 closing
Monthly Mortgage
$782
on $120K loan
Monthly Cash Flow
$-69
after all expenses
Annual Cash Flow
$-832
before taxes
Cash Flow Breakdown
Monthly Rent$1,230
Less Expenses−$517
Less Mortgage−$782
Monthly Cash Flow$-69

Is Fort Polk South a Good Place to Invest in Rental Property?

Fort Polk South, LA has a population of 50,000 and has been growing at 0.3% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $160,000 paired with median rents of $1,230/mo produces an estimated cap rate of 7.27%.

Property taxes at 0.54% are well below the national average of ~1.1%, providing a meaningful cash flow advantage many investors overlook. The vacancy rate of 6.7% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 3.5x, homes cost about 3.5 times the local median income of $45,760. This relatively affordable ratio suggests a deep pool of renters who find buying out of reach, supporting rental demand. Home values have appreciated at roughly 2.1% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: Fort Polk South offers attractive fundamentals for rental investors. low taxes, and cap rates above 6% put it in the upper tier of investable markets.

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