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Unlocking Investment Potential: A Guide to Rental Properties in Ascension County, LA
Written by:
Jeremy Werden
June 26, 2024
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Introduction
Investing in rental properties can be a lucrative endeavor, providing a steady income stream and potential appreciation in property value. However, not all rental properties are created equal, and their success largely hinges on their location. A good rental property is situated in a desirable area that attracts tenants, maintains high occupancy rates, and offers a promising return on investment (ROI). The location determines the rental demand, property appreciation potential, and the quality of life for tenants.
Ascension County, LA, presents a unique opportunity for rental property investors. With its mix of urban conveniences, charming neighborhoods, and proximity to major work hubs, this county is an attractive option for both tenants and landlords. This guide will provide an in-depth look at the best neighborhoods in Ascension County, grading each area based on various factors that influence rental property investment success.
Best Neighborhoods and Areas in Ascension County, LA
1. Gonzales
Grades:
- Convenience: A
- Tourist Attractions: B
- Things to Do: B+
- Avg Home Prices: B
- Return on Investment: A-
- Proximity to Work-Related Travel: A
- X-Factor: B+
Convenience: A
Gonzales is centrally located in Ascension County, providing easy access to major highways, shopping centers, and essential services. Its proximity to Baton Rouge and New Orleans makes it an ideal spot for commuters.
Tourist Attractions: B
While Gonzales may not be a major tourist hub, it is home to the popular Tanger Outlets and the Jambalaya Park, which attract visitors and provide entertainment options for residents.
Things to Do: B+
Residents can enjoy a variety of activities, including shopping, dining, and outdoor recreation. The local community frequently hosts events, contributing to a vibrant social scene.
Avg Home Prices: B
The average home prices in Gonzales are reasonable, making it accessible for a broad range of investors. The market is stable, with steady appreciation rates.
Return on Investment: A-
The demand for rental properties in Gonzales is high due to its location and amenities. Investors can expect a good ROI, with rental prices trending upwards.
Proximity to Work-Related Travel: A
With its strategic location near major highways and business centers, Gonzales offers excellent proximity to work-related travel, including hospitals, convention centers, and more.
X-Factor: B+
Gonzales boasts a friendly community atmosphere, excellent schools, and a balanced blend of urban and suburban living, making it highly desirable for families and professionals alike.
2. Prairieville
Grades:
- Convenience: B+
- Tourist Attractions: B
- Things to Do: B
- Avg Home Prices: B+
- Return on Investment: B+
- Proximity to Work-Related Travel: A-
- X-Factor: B
Convenience: B+
Prairieville offers a suburban feel with all the necessary amenities within a short drive. It is close to Baton Rouge, providing additional convenience for commuters.
Tourist Attractions: B
While not a tourist hotspot, Prairieville offers beautiful parks and nature reserves, such as the nearby Bluebonnet Swamp Nature Center.
Things to Do: B
The area provides various recreational activities, including parks, local restaurants, and community events. It is a peaceful, family-oriented neighborhood.
Avg Home Prices: B+
Home prices in Prairieville are slightly higher than in Gonzales but still offer good value for investors. The market is competitive with strong growth potential.
Return on Investment: B+
Prairieville sees consistent rental demand due to its appealing suburban environment and proximity to Baton Rouge. Investors can expect a solid ROI.
Proximity to Work-Related Travel: A-
The area is well-connected to Baton Rouge and other employment hubs, making it convenient for professionals needing access to work-related travel.
X-Factor: B
Prairieville is known for its top-rated schools and safe, welcoming community. It is particularly attractive to families looking for a high quality of life.
3. Donaldsonville
Grades:
- Convenience: B
- Tourist Attractions: B+
- Things to Do: B
- Avg Home Prices: A-
- Return on Investment: B
- Proximity to Work-Related Travel: B
- X-Factor: A-
Convenience: B
Donaldsonville offers a more rural setting with basic amenities. It is further from major cities, which can be a drawback for some but appealing for those seeking a quieter lifestyle.
Tourist Attractions: B+
This historic town is rich in cultural heritage, with attractions like the River Road African American Museum and numerous historic sites.
Things to Do: B
While quieter than other areas, Donaldsonville offers charming local events, historical tours, and beautiful river views, providing a unique living experience.
Avg Home Prices: A-
Home prices are relatively low, making it an affordable entry point for investors. The market is stable, with modest appreciation potential.
Return on Investment: B
The rental market in Donaldsonville is less competitive but offers steady demand. Investors can expect a decent ROI, particularly for long-term rentals.
Proximity to Work-Related Travel: B
The area is less convenient for frequent travelers, but local employment opportunities are available within the town and nearby industrial areas.
X-Factor: A-
Donaldsonville's rich history and charming small-town vibe make it unique. It offers a slower pace of life with a strong sense of community, appealing to a niche market of renters.
4. St. Amant
Grades:
- Convenience: B
- Tourist Attractions: B-
- Things to Do: B-
- Avg Home Prices: B
- Return on Investment: B
- Proximity to Work-Related Travel: B+
- X-Factor: B
Convenience: B
St. Amant is a rural community with essential amenities available locally. It is a short drive to larger towns for additional services.
Tourist Attractions: B-
Tourist attractions are limited, but the area offers beautiful natural landscapes and outdoor activities like fishing and boating.
Things to Do: B-
Recreational activities are centered around outdoor pursuits and community events. It is a quiet, laid-back area ideal for nature lovers.
Avg Home Prices: B
Home prices are affordable, making it an attractive option for budget-conscious investors. The market shows steady growth potential.
Return on Investment: B
St. Amant offers a stable rental market with moderate demand. Investors can expect a reliable ROI with potential for long-term appreciation.
Proximity to Work-Related Travel: B+
The area is reasonably accessible to larger employment centers, making it a good option for those who commute to work.
X-Factor: B
St. Amant is known for its natural beauty and tranquil environment. It offers a peaceful, rural lifestyle that is highly desirable for those looking to escape the hustle and bustle of city life.
Conclusion
Investing in rental properties in Ascension County, LA, offers diverse opportunities across various neighborhoods. Gonzales and Prairieville provide a mix of urban convenience and suburban charm, ideal for families and professionals. Donaldsonville's historic appeal and St. Amant's natural beauty cater to niche markets looking for unique living experiences. Each area presents its own strengths and investment potential, making Ascension County a promising location for rental property investors.
⚡️
Reveal your property’s rental profitability
Buy this property and list it on Airbnb.