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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
$ 299,000
ROI
23.5
Cash Flow/m
311- 3 Bed
- 3 Bath
- 1540 sft
817 Cleary Ave, Metairie, LA, 70001
Listed for sale 3 days ago
$ 310,000
ROI
25.1Cash Flow/m
460- 3 Bed
- 3 Bath
- 1990 sft
5 Nouveau Ln W, Metairie, LA, 70003
$ 449,000
ROI
24.0Cash Flow/m
535- 3 Bed
- 3 Bath
- 2500 sft
4422 Lake Vista Dr, Metairie, LA, 70006
$ 348,000
ROI
19.8Cash Flow/m
4- 6 Bed
- 6 Bath
- 3600 sft
3825-27 Vernon 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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