How strong is the rental market in Melville for income investors?

Melville has a stable rental market with moderate vacancy rates around 6% and rental yield near 6.5%, making it attractive for income-focused investors.

Are there major employers supporting the local economy in Melville?

Yes, Melville benefits from manufacturing plants and regional hospitals that offer steady employment, supporting the housing demand.

Is Melville prone to natural disasters affecting real estate investments?

Melville faces moderate flood risk due to nearby waterways, which slightly influences insurance costs. Investors should factor this into overall risk assessments.

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

2 Bed
2 Bath
2643 sft

436 Dodge St, Melville, LA, 71353

Property at 3745 Highway 360, Melville, LA

3 Bed
3 Bath
2300 sft

3745 Highway 360, Melville, LA, 71353

Here are some other similar properties you might be interested in:

Property at 830 Meadow Glen Ave APT A, Zachary, LA

Listed for sale 4 days ago

2 Bed
3 Bath
1112 sft

830 Meadow Glen Ave APT A, Zachary, LA, 70791

Property at 2303 Denby Ln, Abbeville, LA

Listed for sale 3 days ago

3 Bed
2 Bath
1310 sft

2303 Denby Ln, Abbeville, LA, 70510

Listed for sale 5 days ago

3 Bed
2 Bath
1216 sft

214 Pierce Dr, Monroe, LA, 71203

Property at 245 Settlers Park Dr, Shreveport, LA

Listed for sale 7 days ago

2 Bed
2 Bath
817 sft

245 Settlers Park Dr, Shreveport, LA, 71115

Property at 1741 White St, Alexandria, LA

4 Bed
4 Bath
2986 sft

1741 White St, Alexandria, LA, 71301

Property at 944 Savanna View Dr, Baton Rouge, LA

3 Bed
2 Bath
1289 sft

944 Savanna View Dr, Baton Rouge, LA, 70810

Property at 809 W End Dr, New Iberia, LA

4 Bed
2 Bath
1500 sft

809 W End Dr, New Iberia, LA, 70560

Property at 2306 Veterans Memorial Dr, Erath, LA

3 Bed
2 Bath
1433 sft

2306 Veterans Memorial Dr, Erath, LA, 70533

$ 100,000

ROI

Cash Flow/m

4 Bed
1 Bath
1972 sft

655 W 3rd St, Homer, LA, 71040

Property at 14062 Partridge Ln, New Orleans, LA

2 Bed
2 Bath
1350 sft

14062 Partridge Ln, New Orleans, LA, 70128

1 Bed
1 Bath
950 sft

1000 Main St, La Place, LA, 70068

Property at 3 Insurance Rd, Rayville, LA

2 Bed
2 Bath
1376 sft

3 Insurance Rd, Rayville, LA, 71269

Property at 714 5th St NE, Springhill, LA

3 Bed
1 Bath
1003 sft

714 5th St NE, Springhill, LA, 71075

3 Bed
2 Bath
1217 sft

50428 Abene Rd, Tickfaw, LA, 70466

3 Bed
2 Bath
- sft

110 Blue Ln, Thibodaux, LA, 70301

Property at 1548 William Peters Rd, Bogalusa, LA

3 Bed
2 Bath
1250 sft

1548 William Peters Rd, Bogalusa, LA, 70427

Property at 74118 N Westmoreland Rd, Kentwood, LA

4 Bed
1 Bath
1000 sft

74118 N Westmoreland Rd, Kentwood, LA, 70444

Property at 707 General Patton St, Morgan City, LA

2 Bed
1 Bath
782 sft

707 General Patton St, Morgan City, LA, 70380

2 Bed
1 Bath
934 sft

104 Anne Dr, Avondale, LA, 70094

Property at 150 Peggy Ann Ln, Lake Charles, LA

2 Bed
1 Bath
1000 sft

150 Peggy Ann Ln, Lake Charles, LA, 70607

Property at 404 Filhiol Ave, West Monroe, LA

3 Bed
2 Bath
1169 sft

404 Filhiol Ave, West Monroe, LA, 71292

3 Bed
2 Bath
1745 sft

1120 College Rd, Eunice, LA, 70535

Property at 203 Wadsworth, Cheneyville, LA

$ 100,000

ROI

Cash Flow/m

3 Bed
2 Bath
2712 sft

203 Wadsworth, Cheneyville, LA, 71325

3 Bed
2 Bath
1192 sft

243 Spring Rd, Frierson, LA, 71027

Why Invest in Melville, Louisiana?

Investing in Melville, LA properties under $300k offers affordable entry into a growing market. The area shows a steady rental yield around 6.5%, with average cash flow opportunities near $1,000 monthly. Cap rates remain attractive at approximately 7%, supported by a median rental price of $900. Average annual appreciation is moderate at 3%, making Melville ideal for steady long-term growth and renter-occupied properties at roughly 65%. This market is well-suited for investors seeking balanced returns and manageable risk.

Avg. ROI

6.5%

Rental Yield

Cap Rate

$1000/mo

Avg. Cash Flow

$900/mo

Avg. Rent

1Y Appreciation

Frequently Asked Questions

Properties under $300k in Melville typically include single-family homes and small multi-family units. These properties are suitable for rental investments with solid occupancy rates.

Find Your Perfect Investment Property in Melville, Louisiana

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Melville, LA

Fix and Flip Properties in Melville, LA

Short-Term Rental Properties in Melville, LA

Find Properties

By Strategy

By Performance

Loan Products

Tools

Resources

Company

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

Why Invest in Melville, Louisiana?

Frequently Asked Questions

What types of properties are available under $300k in Melville, LA?

How strong is the rental market in Melville for income investors?

Are there major employers supporting the local economy in Melville?

Is Melville prone to natural disasters affecting real estate investments?

Find Your Perfect Investment Property in Melville, Louisiana

Explore by Investment Strategy

Explore by Performance

Explore by Property Type

Explore by Price Range

Popular Cities

Ziffy DSCR Loans for Louisiana Investors