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

Condo Investment Properties for Sale in Hammond, LA

Property at 2619 Rue St #0, Hammond, LA
Currently Rented
$ 125,000
ROI
25.5ROI percentage
Cash Flow/m
Dollar sign201
  • 2 Bed
  • 3 Bath
  • 1200 sft
2619 Rue St #0, Hammond, LA, 70403
Property at 45479 Pointe Dr APT 13, Hammond, LA
$ 146,000
ROI
20.9ROI percentage
Cash Flow/m
Dollar sign48
  • 2 Bed
  • 2 Bath
  • 1050 sft
45479 Pointe Dr APT 13, Hammond, LA, 70401
Property at 14537 Honeysuckle St #12-C, Hammond, LA
$ 109,900
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign159
  • 2 Bed
  • 3 Bath
  • 1022 sft
14537 Honeysuckle St #12-C, Hammond, LA, 70401
Property at 42640 Happywoods Rd APT 8, Hammond, LA
$ 139,800
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign107
  • 2 Bed
  • 2 Bath
  • 1253 sft
42640 Happywoods Rd APT 8, Hammond, LA, 70403

Why Invest in Hammond, Louisiana?

Investing in Hammond, LA condos offers a promising opportunity within a growing local market. The average ROI stands at a solid 7%, supported by a rental yield of 6.3%, making condos an attractive asset class for investors. Cap rates remain competitive at 6.5%, reflecting steady demand. Cash flow averages around $1,100 monthly with average rents near $1,200. Appreciation rates have been stable at 4%, supported by a renter-occupied rate close to 55%.

7%
Avg. ROI
6.3%
Rental Yield
6.5%
Cap Rate
$1100/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental yield for condos in Hammond currently stands around 6.3%, reflecting a balanced rental market with steady demand.

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