Are there significant employment opportunities in Evergreen, LA?

Yes, Evergreen hosts several major employers including manufacturing and healthcare sectors, supporting steady job growth of around 1.8% annually.

How does the student population impact the rental market in Evergreen?

With a student population of about 15,000 and a housing deficit of 800 beds, the student demand positively affects rental occupancy and yields in Evergreen.

What are the key infrastructure developments in Evergreen that support real estate investment?

Recent transit expansions, such as the bus rapid transit line extension, and low flood risk make Evergreen attractive for investors seeking stable infrastructure support.

High Rental Yield Investment Properties for Sale in Evergreen, LA

4 Bed
2 Bath
1622 sft

318 Hill St, Evergreen, LA, 71333

Property at 1020 Cotton St, Evergreen, LA

3 Bed
2 Bath
1360 sft

1020 Cotton St, Evergreen, LA, 71333

3 Bed
2 Bath
1815 sft

220 Hill St, Evergreen, LA, 71333

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Why Invest in Evergreen, Louisiana?

Investing in Evergreen, LA, especially properties with high rental yield, offers a balanced opportunity for steady cash flow and appreciation. This market features an average rental yield of 8.2% and a cap rate of 6.5%, appealing to investors seeking solid returns. With an average ROI of 7.7%, investors benefit from favorable rental prices averaging $1,200 monthly. The region's renter-occupied rate of 62% demonstrates strong rental demand. Evergreen’s real estate market remains resilient with consistent appreciation near 3.5% annually.

7.7%

Avg. ROI

8.2%

Rental Yield

6.5%

Cap Rate

$550/mo

Avg. Cash Flow

$1200/mo

Avg. Rent

3.5%

1Y Appreciation

Frequently Asked Questions

The average rental yield for high rental yield properties in Evergreen is approximately 8.2%, offering investors a robust return compared to other markets in Louisiana.

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What is the average rental yield for properties with high rental yield in Evergreen, LA?

Are there significant employment opportunities in Evergreen, LA?

How does the student population impact the rental market in Evergreen?

What are the key infrastructure developments in Evergreen that support real estate investment?

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