Condo Investment Properties in La Place, LA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in La Place, LA

Property at 1600 Marseille Dr APT 8, La Place, LA
$ 114,900
ROI
25.1ROI percentage
Cash Flow/m
Dollar sign170
  • 2 Bed
  • 2 Bath
  • 1137 sft
1600 Marseille Dr APT 8, La Place, LA, 70068
Property at 1600 Marseille Dr APT 31, La Place, LA
$ 128,500
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign223
  • 2 Bed
  • 2 Bath
  • 1225 sft
1600 Marseille Dr APT 31, La Place, LA, 70068
Property at 1700 Marseille Dr APT 16, La Place, LA
$ 132,000
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign108
  • 2 Bed
  • 2 Bath
  • 1136 sft
1700 Marseille Dr APT 16, La Place, LA, 70068
Property at 382 Fairway Dr APT 22, La Place, LA
$ 127,000
ROI
25.3ROI percentage
Cash Flow/m
Dollar sign197
  • 2 Bed
  • 3 Bath
  • 1100 sft
382 Fairway Dr APT 22, La Place, LA, 70068

Why Invest in La Place, Louisiana?

Investing in condos in La Place, LA offers a unique opportunity to tap into a growing market with solid rental yields and steady appreciation. This area benefits from a diverse economy supporting an average ROI of 7.2%, with rental yields around 5.1%. Condos in this locality maintain a cap rate of 6.5%, making it attractive for cash flow investors. The average monthly rent stands at $1,150, supplemented by a renter-occupied rate of 56%, boosting tenant availability. Overall, La Place presents a balanced investment environment ideal for those seeking both income and growth.

7.2%
Avg. ROI
5.1%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1150/mo
Avg. Rent
3.8%
1Y Appreciation

Frequently Asked Questions

La Place offers strong rental yields and steady population growth, supported by local economic stability and a growing student population, which boosts demand for condos. The area’s affordable prices and solid cap rates make it a compelling option for investors.

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