Investment Properties Under $300K in Elm Grove, LA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in Elm Grove, LA

Property at 321 Evangeline Dr, Elm Grove, LA
Listed for sale 5 days ago
$ 279,900
ROI
27.5ROI percentage
Cash Flow/m
Dollar sign607
  • 3 Bed
  • 3 Bath
  • 2542 sft
321 Evangeline Dr, Elm Grove, LA, 71051
Property at 9114 Highway 71, Elm Grove, LA
Fix & Flip
$ 165,000
ROI
30.2ROI percentage
Cash Flow/m
Dollar sign479
  • 4 Bed
  • 3 Bath
  • 2432 sft
9114 Highway 71, Elm Grove, LA, 71051
Property at 1925 Highway 527, Elm Grove, LA
$ 210,000
ROI
31.4ROI percentage
Cash Flow/m
Dollar sign680
  • 3 Bed
  • 2 Bath
  • 1862 sft
1925 Highway 527, Elm Grove, LA, 71051
Property at 2708 Highway 154, Elm Grove, LA
$ 170,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign289
  • 3 Bed
  • 2 Bath
  • 1800 sft
2708 Highway 154, Elm Grove, LA, 71051

Why Invest in Elm Grove, Louisiana?

Investing in Elm Grove, LA under $300k offers a compelling opportunity to enter a growing market with stable rental demand. This price filter targets affordable properties ideal for entry-level investors seeking steady cash flow and appreciation. Elm Grove's average rental yield stands at a healthy 7%, with cap rates around 6%, reflecting strong income potential. The area's renter-occupied rate is approximately 55%, indicating a favorable tenant pool. Average annual appreciation of 3% combined with solid ROI figures makes this market attractive for long-term investment.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Properties under $300k in Elm Grove typically include single-family homes and small multifamily units ideal for first-time investors. These properties are well-suited for rental income with manageable maintenance costs.

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