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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Monterey, LA

$ 245,000
ROI
20.1
Cash Flow/m
22- 3 Bed
- 2 Bath
- 1044 sft
7083 Highway 129, Monterey, LA, 71354

$ 290,000
ROI
21.5
Cash Flow/m
145- - Bed
- - Bath
- 3280 sft
6280 Highway 129, Monterey, LA, 71354

Motivated Seller
$ 149,500
ROI
25.1
Cash Flow/m
221- 3 Bed
- 2 Bath
- 1746 sft
6855 Highway 129, Monterey, LA, 71354

$ 200,000
ROI
30.2
Cash Flow/m
583- 3 Bed
- 2 Bath
- 1425 sft
192 B B Beard Rd, Monterey, LA, 71354
Why Invest in Monterey, Louisiana?
Investing in Monterey, LA under 300k offers a unique opportunity to tap into an affordable housing market with solid rental yields. The area features an average ROI of 7%, supported by a growing renter-occupied rate near 58%. Cap rates around 6.5% and positive cash flow demonstrate promising income potential for real estate investors. Appreciation rates have steadily increased by 3% annually, reflecting growing market confidence.
7%
Avg. ROI
5.8%
Rental Yield
6.5%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Investors can find single-family homes, small multi-family units, and some condominiums priced under $300k in Monterey. These properties cater well to rental markets and first-time buyers.
Find Your Perfect Investment Property in Monterey, Louisiana
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