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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Metairie, LA

$ 260,000
ROI
20.5
Cash Flow/m
57- 1 Bed
- 1 Bath
- 828 sft
420 Hammond Hwy, METAIRIE, LA, 70005

$ 179,000
ROI
25.0
Cash Flow/m
262- 3 Bed
- 2 Bath
- 1668 sft
3126 Edenborn Ave APT 626, Metairie, LA, 70002

$ 199,000
ROI
29.7
Cash Flow/m
552- 2 Bed
- 2 Bath
- 993 sft
2511 Metairie Lawn Dr #118, Metairie, LA, 70002

$ 110,000
ROI
26.2
Cash Flow/m
198- 1 Bed
- 1 Bath
- 700 sft
812 Martin Behrman Ave APT G, Metairie, LA, 70005
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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