Investment Properties Under $300K in Mount Hermon, 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 Mount Hermon, LA

Property at 23079 Peterson Rd, Mount Hermon, LA
Rental Income
Listed for sale 1 day ago
$ 200,000
ROI
31.4ROI percentage
Cash Flow/m
Dollar sign646
  • 3 Bed
  • 1 Bath
  • 1661 sft
23079 Peterson Rd, Mount Hermon, LA, 70450
Property at 34866 38th Hwy, Mount Hermon, LA
$ 174,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign110
  • 2 Bed
  • 2 Bath
  • 1118 sft
34866 38th Hwy, Mount Hermon, LA, 70450
Property at 36092 Highway 438, Mount Hermon, LA
$ 295,000
ROI
21.7ROI percentage
Cash Flow/m
Dollar sign162
  • 5 Bed
  • 3 Bath
  • 3048 sft
36092 Highway 438, Mount Hermon, LA, 70450
Property at 36264 J W Riles Rd, Mount Hermon, LA
$ 199,000
ROI
24.5ROI percentage
Cash Flow/m
Dollar sign265
  • 3 Bed
  • 2 Bath
  • 1800 sft
36264 J W Riles Rd, Mount Hermon, LA, 70450

Why Invest in Mount Hermon, Louisiana?

Investing in Mount Hermon, LA properties under $300k offers an affordable entry point with solid rental yields averaging around 7.5%. The area boasts a cap rate of approximately 6%, reflecting steady income potential for investors. Average ROI is around 8%, bolstered by an average monthly rent near $900 and consistent appreciation rates near 3%. With nearly 65% renter-occupied housing, demand for rental units remains strong, making it attractive for cash flow-focused real estate investment.

8%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Properties under $300k typically include single-family homes and small multi-family units. These are often suitable for first-time investors or those looking for affordable rental properties.

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