Condo Investment Properties in Lafayette, 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 Lafayette, LA

Why Invest in Lafayette, Louisiana?

Lafayette, LA offers strong opportunities for condo investors seeking steady rental income in a growing market. The local economy supports reliable tenant demand from professionals and students. With appreciation around 2% annually and cap rates near 6%, condos provide solid cash flow potential. Renter-occupied units exceed 40%, bolstered by stable employment in energy and education sectors. Low vacancy and rising rents make this a resilient choice for passive income.

7.5%
Avg. ROI
6.2%
Rental Yield
6.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
2.1%
1Y Appreciation

Frequently Asked Questions

Yes, condos offer cap rates around 6% and rental yields of 6-7% due to high renter occupancy. Steady appreciation and low vacancy make them reliable. Focus on properties near the university for best returns.

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