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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 4 days ago
$ 479,000
ROI
24.3
Cash Flow/m
610- 3 Bed
- 3 Bath
- 2388 sft
512 N Labarre Rd, Metairie, LA, 70001
$ 429,000
ROI
23.1Cash Flow/m
404- 3 Bed
- 3 Bath
- 1880 sft
1004 Old Metairie Pl, Metairie, LA, 70001
$ 289,000
ROI
27.7Cash Flow/m
638- 3 Bed
- 3 Bath
- 1728 sft
22 Nouveau Ln E, Metairie, LA, 70003
$ 299,000
ROI
23.1Cash Flow/m
278- 3 Bed
- 3 Bath
- 2170 sft
4339 Anthony St, Metairie, LA, 70001
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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