Under $300K Investment Properties for Sale in Dry Prong, LA

Property at 878 Grays Creek Rd, Dry Prong, LA
Listed for sale 4 days ago
$ 294,000
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign377
  • 3 Bed
  • 3 Bath
  • 1959 sft
878 Grays Creek Rd, Dry Prong, LA, 71423
Property at 367 Morris St, Dry Prong, LA
$ 159,000
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign136
  • 3 Bed
  • 1 Bath
  • 1072 sft
367 Morris St, Dry Prong, LA, 71423
Property at 124 Robin Hood Rd, Dry Prong, LA
$ 169,900
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign215
  • 3 Bed
  • 2 Bath
  • 1740 sft
124 Robin Hood Rd, Dry Prong, LA, 71423
Property at 149 Joanne Dr, Dry Prong, LA
$ 205,000
ROI
27.8ROI percentage
Cash Flow/m
Dollar sign458
  • 3 Bed
  • 2 Bath
  • 1447 sft
149 Joanne Dr, Dry Prong, LA, 71423

Why Invest in Dry Prong, Louisiana?

Investing in Dry Prong, LA properties under $300k offers a unique entry point into a market with steady appreciation and rental demand. This area provides a cap rate around 7%, with stable rental yields averaging 9%, making it suitable for investors seeking cash flow opportunities. The region benefits from a renter-occupied rate near 45%, contributing to average monthly rents around $850. With moderate appreciation and average cash flows, Dry Prong is an attractive investment location in Louisiana's small-town real estate scene.

8%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Dry Prong for properties under $300k is approximately 9%, making it a favorable option for income-focused investors.

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