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

Property at 3660 Old Harrisonburg Rd, Jena, LA
Listed for sale 5 days ago
$ 140,000
ROI
29.3ROI percentage
Cash Flow/m
Dollar sign371
  • 3 Bed
  • 1 Bath
  • 1606 sft
3660 Old Harrisonburg Rd, Jena, LA, 71342
Property at 1206 King St, Jena, LA
$ 145,000
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign41
  • 4 Bed
  • 2 Bath
  • 2240 sft
1206 King St, Jena, LA, 71342
Property at 650 Highway 776, Jena, LA
$ 125,000
ROI
25.8ROI percentage
Cash Flow/m
Dollar sign211
  • 4 Bed
  • 2 Bath
  • 1909 sft
650 Highway 776, Jena, LA, 71342
Property at 1024 Cowart St, Jena, LA
Fix & Flip
$ 199,250
ROI
20.4ROI percentage
Cash Flow/m
Dollar sign38
  • 3 Bed
  • 2 Bath
  • 1507 sft
1024 Cowart St, Jena, LA, 71342

Why Invest in Jena, Louisiana?

Investing in Jena, LA properties under $300k offers a compelling opportunity for affordable entry into the Louisiana real estate market. With an average ROI of 7.2% and a cap rate near 6%, this market supports steady rental yields around 5.4%. Average monthly rents of $1,100 contribute to positive average cash flow for investors. Appreciation rates have been consistent at 3.5%, highlighting sustainable growth potential in this region.

7.2%
Avg. ROI
5.4%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

Properties under $300k in Jena typically include single-family homes and small multi-family units. These options cater well to first-time investors and those seeking affordable rental properties.

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