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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Metairie, LA
Listed for sale 1 day ago
$ 599,000
ROI
24.3
Cash Flow/m
702- 3 Bed
- 3 Bath
- 2458 sft
207 Metairie Heights Ave, Metairie, LA, 70001
Listed for sale 4 days ago
$ 325,000
ROI
21.0Cash Flow/m
117- 2 Bed
- 3 Bath
- 1400 sft
513 Houma Blvd, Metairie, LA, 70001
$ 278,500
ROI
28.8Cash Flow/m
698- 3 Bed
- 2 Bath
- 1983 sft
804 N Woodlawn Ave, Metairie, LA, 70001
$ 294,000
ROI
28.8Cash Flow/m
737- 3 Bed
- 3 Bath
- 2200 sft
865 Wilshire Blvd, Metairie, LA, 70005
Why Invest in Metairie, Louisiana?
Townhouses in Metairie, LA offer stable investment opportunities with consistent rental demand from suburban professionals. Average rents around $1,650 support solid cash flows, while home values appreciate at 3% annually. Cap rates hover at 5-6%, bolstered by low vacancy and proximity to New Orleans employment hubs. Renter occupancy exceeds 40%, making townhouses ideal for long-term holds. Recent market data shows median prices at $315K with modest 1-4% yearly growth.
7.2%
Avg. ROI
5.3%
Rental Yield
5.8%
Cap Rate
$850/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses offer strong rental yields around 5% with average rents of $1,650. Low vacancy and 3% appreciation make them reliable. Proximity to New Orleans jobs sustains demand.
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