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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Hammond, LA
$ 277,500
ROI
21.6
Cash Flow/m
141- 7 Bed
- 5 Bath
- 3692 sft
16221-16227 E Club Deluxe Rd, Hammond, LA, 70403
Currently Rented
$ 385,000
ROI
24.1Cash Flow/m
465- 8 Bed
- 4 Bath
- 3579 sft
12461 Wardline Rd, Hammond, LA, 70401
$ 255,000
ROI
20.1Cash Flow/m
21- 7 Bed
- 3 Bath
- 2650 sft
202-204 W Clark St #206, Hammond, LA, 70401
$ 215,000
ROI
23.3Cash Flow/m
211- 4 Bed
- 2 Bath
- 1720 sft
16037 Jr Dr, Hammond, LA, 70401
Why Invest in Hammond, Louisiana?
Investing in multi-family properties in Hammond, LA offers promising opportunities due to stable rental demand and growing economic indicators. This market features an average ROI around 7%, rental yields near 8%, and average cap rates of 6%. Local appreciation trends remain positive at approximately 3% annually, complemented by strong renter occupancy rates at 65%. Combined, these metrics underscore Hammond's appeal for multifamily investors seeking steady cash flow and growth potential.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The rental market is steady with an approximate 7% vacancy rate. Rental growth averages around 3% annually, supported by demand from students and local workforce.
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