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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Houma, LA
Currently Rented
Rental Income
$ 365,000
ROI
24.7
Cash Flow/m
499- 8 Bed
- - Bath
- 3227 sft
106 Country Estates Dr, Houma, LA, 70364
$ 145,000
ROI
35.0Cash Flow/m
616- 6 Bed
- - Bath
- 1800 sft
3748 Southdown Mandalay Rd, Houma, LA, 70360
Currently Rented
$ 380,000
ROI
23.6Cash Flow/m
406- 8 Bed
- - Bath
- 4200 sft
274 Monarch Dr, Houma, LA, 70364
Currently Rented
$ 110,000
ROI
34.6Cash Flow/m
456- 4 Bed
- - Bath
- 1340 sft
242/244 Saint Peter St, Houma, LA, 70363
Why Invest in Houma, Louisiana?
Multi-family properties in Houma, LA offer steady cash flow potential amid a balanced rental market. Average rents remain accessible while cap rates hover around 7-8% for investors seeking value. With renter occupancy near 40%, demand from local oil and gas workers supports reliable income. Recent home value stabilization provides entry opportunities before broader recovery. Focus on properties with strong maintenance for optimal long-term appreciation.
8.2%
Avg. ROI
7.5%
Rental Yield
7.8%
Cap Rate
$1250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
-0.5%
1Y Appreciation
Frequently Asked Questions
Houma's renter-occupied rate near 39% and stable energy jobs drive consistent demand. Cap rates around 7.8% offer solid returns with low entry prices. Focus on properties near employment hubs for best cash flow.
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