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 211 Wade Rd, Monterey, LA
$ 129,500
ROI
28.9ROI percentage
Cash Flow/m
Dollar sign328
  • 2 Bed
  • 1 Bath
  • 782 sft
211 Wade Rd, Monterey, LA, 71354
Property at 220 Cypress Ln, Monterey, LA
$ 250,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign261
  • 3 Bed
  • 2 Bath
  • 1636 sft
220 Cypress Ln, Monterey, LA, 71354
Property at 6855 Highway 129, Monterey, LA
Motivated Seller
$ 134,900
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign205
  • 3 Bed
  • 2 Bath
  • 1746 sft
6855 Highway 129, Monterey, LA, 71354
Property at 7083 Highway 129, Monterey, LA
$ 245,000
ROI
20.1ROI percentage
Cash Flow/m
Dollar sign22
  • 3 Bed
  • 2 Bath
  • 1044 sft
7083 Highway 129, 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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