Under $500K Investment Properties for Sale in Opelousas, LA

Property at 165 Suzanne Dejean Dr, Opelousas, LA
Listed for sale 1 day ago
$ 240,000
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign179
  • 3 Bed
  • 2 Bath
  • 1504 sft
165 Suzanne Dejean Dr, Opelousas, LA, 70570
Property at 981 E Prudhomme St, Opelousas, LA
Fix & Flip
Listed for sale 2 days ago
$ 159,000
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign222
  • 4 Bed
  • 3 Bath
  • - sft
981 E Prudhomme St, Opelousas, LA, 70570
Property at 239 Saint James Ave, Opelousas, LA
Listed for sale 4 days ago
$ 125,000
ROI
30.3ROI percentage
Cash Flow/m
Dollar sign366
  • 3 Bed
  • 2 Bath
  • 1368 sft
239 Saint James Ave, Opelousas, LA, 70570
Property at 197 Garnet Dr, Opelousas, LA
Listed for sale 6 days ago
$ 230,000
ROI
21.5ROI percentage
Cash Flow/m
Dollar sign110
  • 3 Bed
  • 2 Bath
  • 1600 sft
197 Garnet Dr, Opelousas, LA, 70570

Why Invest in Opelousas, Louisiana?

Investing in Opelousas, LA under $500k offers attractive opportunities for real estate investors seeking affordable properties with solid returns. This market features an average ROI of 8%, supported by a rental yield of 7% and a cap rate of 6.5%. Cash flow remains positive with an average monthly income of $450. The appreciation rate of 3% further enhances the investment potential in this growing community. Rental occupancy rates hover around 70%, indicating steady demand.

8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Under $500k, investors can find single-family homes, small multifamily units, and some townhomes. These properties typically offer strong rental demand and potential for cash flow.

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