Under $500K 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, under $500k offers a unique opportunity to enter a growing real estate market with favorable cap rates and stable rental yields. The local economy is supported by key sectors such as manufacturing and healthcare, driving steady job growth. Rental demand remains strong with a renter-occupied rate above 60%, ensuring consistent cash flow. Appreciation trends indicate moderate growth, making this an attractive option for investors seeking stable returns in a less saturated market.

7.2%
Avg. ROI
8.5%
Rental Yield
8%
Cap Rate
$400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Properties under $500k in Jena typically offer rental yields around 8.5%, providing a strong income stream for investors.

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