Condo Investment Properties in Metairie, 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 Metairie, LA

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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