Multi Family Investment Properties for Sale in Hammond, LA

Property at 17448 Cardinal Ln, Hammond, LA
Rental Income
$ 150,000
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign271
  • 2 Bed
  • - Bath
  • 1474 sft
17448 Cardinal Ln, Hammond, LA, 70401
Property at 611 E Park Ave, Hammond, LA
$ 120,000
ROI
35.0ROI percentage
Cash Flow/m
Dollar sign511
  • 6 Bed
  • 3 Bath
  • 864 sft
611 E Park Ave, Hammond, LA, 70403
Property at 1210 Sun Ln, Hammond, LA
$ 160,000
ROI
36.5ROI percentage
Cash Flow/m
Dollar sign744
  • 4 Bed
  • 3 Bath
  • 1270 sft
1210 Sun Ln, Hammond, LA, 70401
Property at 44336-44334 Marie Dr, Hammond, LA
Currently Rented
Rental Income
$ 259,900
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign250
  • 7 Bed
  • - Bath
  • 3542 sft
44336-44334 Marie Dr, Hammond, LA, 70403

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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