Townhouse Investment Properties for Sale in Metairie, LA

Property at 961 Old Metairie Dr, Metairie, LA
Listed for sale 2 days ago
$ 325,000
ROI
20.1ROI percentage
Cash Flow/m
Dollar sign27
  • 2 Bed
  • 2 Bath
  • 1230 sft
961 Old Metairie Dr, Metairie, LA, 70001
Property at 845 Old Metairie Pl, Metairie, LA
$ 325,000
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign527
  • 2 Bed
  • 2 Bath
  • 1034 sft
845 Old Metairie Pl, Metairie, LA, 70001
Property at 259 Metairie Heights Ave, Metairie, LA
$ 525,000
ROI
31.0ROI percentage
Cash Flow/m
Dollar sign1574
  • 3 Bed
  • 3 Bath
  • 2557 sft
259 Metairie Heights Ave, Metairie, LA, 70001
Property at 2604-2606 Longwood Dr, Metairie, LA
$ 360,000
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign290
  • 6 Bed
  • 4 Bath
  • 2400 sft
2604-2606 Longwood Dr, Metairie, LA, 70003

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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