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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Meraux, LA
Listed for sale 4 days ago
$ 260,000
ROI
20.0
Cash Flow/m
20- 3 Bed
- 2 Bath
- 1640 sft
3404 Nancy St, Meraux, LA, 70075
Listed for sale 6 days ago
$ 244,900
ROI
26.5Cash Flow/m
459- 3 Bed
- 2 Bath
- 1671 sft
4504 Stella Dr, Meraux, LA, 70075
$ 199,900
ROI
26.4Cash Flow/m
368- 3 Bed
- 2 Bath
- 1317 sft
2205 Judy Dr, Meraux, LA, 70075
Fix & Flip
$ 191,400
ROI
25.5Cash Flow/m
305- 3 Bed
- 2 Bath
- 1567 sft
2713 Legend Dr, Meraux, LA, 70075
Why Invest in Meraux, Louisiana?
Investing in Meraux, LA offers affordable properties under $300k, ideal for entry-level real estate investors seeking steady returns. The area presents an average rental yield of 7.5%, supported by cap rates around 6.8% and an average cash flow of $150 per month. Appreciation rates are promising at approximately 3.2% annually, alongside a renter occupancy rate of 65%, indicating strong demand. These metrics support a balanced investment opportunity with room for growth.
8.5%
Avg. ROI
7.5%
Rental Yield
6.8%
Cap Rate
$150/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Meraux typically include single-family homes and small multi-family units. These are well-suited for first-time investors or those seeking affordable rental opportunities.
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