Under $300K Investment Properties for Sale in Houma, LA

Property at 517 Wilson Ave, Houma, LA
Listed for sale 1 day ago
$ 195,000
ROI
28.5ROI percentage
Cash Flow/m
Dollar sign472
  • 2 Bed
  • 1 Bath
  • 1452 sft
517 Wilson Ave, Houma, LA, 70364
Property at 116 Burkwall Dr, Houma, LA
Listed for sale 3 days ago
$ 210,000
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign187
  • 3 Bed
  • 3 Bath
  • 1956 sft
116 Burkwall Dr, Houma, LA, 70360
Property at 1500 Coral Dr, Houma, LA
Listed for sale 4 days ago
$ 289,000
ROI
30.3ROI percentage
Cash Flow/m
Dollar sign850
  • 3 Bed
  • 2 Bath
  • 1407 sft
1500 Coral Dr, Houma, LA, 70360
Property at Aubry III B Plan, Evangeline Oaks, Houma, LA
Listed for sale 4 days ago
$ 299,990
ROI
30.6ROI percentage
Cash Flow/m
Dollar sign902
  • 4 Bed
  • 2 Bath
  • 2025 sft
Aubry III B Plan, Evangeline Oaks, Houma, LA, 70364

Why Invest in Houma, Louisiana?

Houma, LA offers strong investment potential in homes under $300k, with affordable entry points for single-family rentals. Properties in this range show solid **rental yields** around 8-10% and **cap rates** of 7-9%. The area's oil and gas sector drives steady demand from renters. Annual **appreciation** averages 4%, supported by local economic stability. **Renter-occupied** housing exceeds 45%, ensuring reliable cash flow.

9.5%
Avg. ROI
8.7%
Rental Yield
7.8%
Cap Rate
$850/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.2%
1Y Appreciation

Frequently Asked Questions

Investors see average ROI around 9-10% with rental yields of 8-9%. Cash flow averages $800-900 monthly after expenses. Stable energy jobs drive consistent occupancy.

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