Condo Investment Properties for Sale in Metairie, LA

Property at 4509 Shaw St APT 206, Metairie, LA
$ 230,000
ROI
21.7ROI percentage
Cash Flow/m
Dollar sign125
  • 2 Bed
  • 2 Bath
  • 1325 sft
4509 Shaw St APT 206, Metairie, LA, 70001
Property at 420 Hammond Hwy, METAIRIE, LA
$ 260,000
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign57
  • 1 Bed
  • 1 Bath
  • 828 sft
420 Hammond Hwy, METAIRIE, LA, 70005
Property at 420 Metairie Hammond Hwy APT 231, Metairie, LA
$ 236,500
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign384
  • 1 Bed
  • 1 Bath
  • 672 sft
420 Metairie Hammond Hwy APT 231, Metairie, LA, 70005
Property at 5216 W Napoleon Ave APT B, Metairie, LA
$ 149,000
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign115
  • 2 Bed
  • 2 Bath
  • 1014 sft
5216 W Napoleon Ave APT B, Metairie, LA, 70001

Why Invest in Metairie, Louisiana?

Investing in Metairie, LA condos offers steady rental demand in a suburban New Orleans market. Stable appreciation around 3% annually supports long-term holds. Renter-occupied units exceed 40%, with average rents near $1,600 monthly. Cap rates hover at 5-6%, ideal for cash flow-focused portfolios. Proximity to employment hubs enhances tenant retention.

7.2%
Avg. ROI
5.1%
Rental Yield
5.4%
Cap Rate
$420/mo
Avg. Cash Flow
$1645/mo
Avg. Rent
3.2%
1Y Appreciation

Frequently Asked Questions

Average condo rents in Metairie are around $1,645 monthly. This reflects steady demand from professionals commuting to New Orleans. Rates have increased 2.3% year-over-year.

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