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

Listed for sale 2 days ago
$ 249,000
ROI
26.6
Cash Flow/m
474- 4 Bed
- 2 Bath
- 2281 sft
603 Kelli St, Patterson, LA, 70392

Motivated Seller
$ 180,000
ROI
24.9
Cash Flow/m
259- 3 Bed
- 2 Bath
- 1324 sft
704 David Dr, Patterson, LA, 70392

$ 155,000
ROI
24.5
Cash Flow/m
204- 3 Bed
- 2 Bath
- 1143 sft
402 Sandi Dr, Patterson, LA, 70392

$ 168,000
ROI
32.3
Cash Flow/m
585- 3 Bed
- 2 Bath
- 1246 sft
318 Mike Dr, Patterson, LA, 70392
Why Invest in Patterson, Louisiana?
Investing in Patterson, LA properties under $300k offers a unique opportunity in an emerging market with stable rental demand. The area features an average ROI of 7%, rental yields around 6%, and cap rates near 6.5%, making it attractive for steady cash flow. Patterson's real estate market benefits from moderate appreciation rates and a renter-occupied rate exceeding 50%. This investment niche suits those seeking affordable entry points in Louisiana's growing small cities.
7%
Avg. ROI
6%
Rental Yield
6.5%
Cap Rate
$900/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $300k primarily include single-family homes and small multi-family units, suitable for both first-time investors and those seeking affordable rental properties.
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