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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Hammond, LA
Listed for sale 1 day ago
$ 329,000
ROI
24.0
Cash Flow/m
387- 3 Bed
- 3 Bath
- 2833 sft
47042 Scott Dr, Hammond, LA, 70401
Listed for sale 1 day ago
$ 150,000
ROI
25.9Cash Flow/m
255- 4 Bed
- 2 Bath
- 1723 sft
43169 Hinson Rd, Hammond, LA, 70403
Listed for sale 2 days ago
$ 255,000
ROI
26.2Cash Flow/m
455- 3 Bed
- 2 Bath
- 1578 sft
20459 Cornerstone Rd, Hammond, LA, 70401
Listed for sale 5 days ago
$ 290,000
ROI
25.4Cash Flow/m
458- 3 Bed
- 2 Bath
- 1668 sft
11161 Copper Hill Dr, Hammond, LA, 70403
Why Invest in Hammond, Louisiana?
Investing in Hammond, LA offers attractive opportunities for high rental yield properties. With an average rental yield of 9.2%, investors benefit from strong cash flow and a cap rate of 7.5%. The area sees a steady renter occupancy rate of 65%, promising reliable tenant demand. Average rent prices remain affordable at around $950 per month, while property values appreciate at about 3.5% annually. These factors make Hammond a compelling choice for rental property investors seeking high returns.
8.5%
Avg. ROI
9.2%
Rental Yield
7.5%
Cap Rate
$650/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Hammond is approximately 9.2%, making it attractive for investors seeking strong rental income.
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