Investment Properties Under $300K in Monterey, LA | Ziffy.ai
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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

Property at 192 B B Beard Rd, Monterey, LA
Listed for sale 4 days ago
$ 200,000
ROI
30.2ROI percentage
Cash Flow/m
Dollar sign583
  • 3 Bed
  • 2 Bath
  • 1425 sft
192 B B Beard Rd, Monterey, LA, 71354
Property at 112 Ronald Dr, Monterey, LA
$ 200,000
ROI
31.6ROI percentage
Cash Flow/m
Dollar sign661
  • 2 Bed
  • 2 Bath
  • 1440 sft
112 Ronald Dr, Monterey, LA, 71354
Property at 7437 Highway 129, Monterey, LA
Airbnb Potential
$ 189,500
ROI
30.0ROI percentage
Cash Flow/m
Dollar sign541
  • 2 Bed
  • 1 Bath
  • 1548 sft
7437 Highway 129, Monterey, LA, 71354
Property at 1450 Highway 906, Monterey, LA
$ 140,000
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign213
  • 2 Bed
  • 2 Bath
  • 1215 sft
1450 Highway 906, 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.

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