Under $300K Investment Properties for Sale in Pelican, LA

Property at 294 Fishing Grounds Rd, Pelican, LA
$ 135,000
ROI
25.3ROI percentage
Cash Flow/m
Dollar sign207
  • 4 Bed
  • 2 Bath
  • 1225 sft
294 Fishing Grounds Rd, Pelican, LA, 71063
or
Here are some other similar properties you might be interested in:
Property at 94 Ammons Dr, Many, LA
Airbnb Potential
Listed for sale 2 days ago
$ 100,000
ROI
-ROI percentage
Cash Flow/m
Dollar sign-
  • 3 Bed
  • 2 Bath
  • 1216 sft
94 Ammons Dr, Many, LA, 71449
Property at 104 Kris Dr, Lafayette, LA
$ 100,000
ROI
26.2ROI percentage
Cash Flow/m
Dollar sign180
  • 3 Bed
  • 1 Bath
  • 1200 sft
104 Kris Dr, Lafayette, LA, 70501
Property at 621 Fos Ave, Harvey, LA
$ 100,000
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign174
  • 3 Bed
  • 1 Bath
  • 1026 sft
621 Fos Ave, Harvey, LA, 70058
Property at 5212 Butter Creek Ln #D-3, Baton Rouge, LA
Listed for sale 2 days ago
$ 100,000
ROI
18.6ROI percentage
Gross Rent Yield
9.4Gross yield percentage
  • 1 Bed
  • 1 Bath
  • 691 sft
5212 Butter Creek Ln #D-3, Baton Rouge, LA, 70809
Property at 1827 Johnson St, Mamou, LA
$ 100,000
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign157
  • 3 Bed
  • 2 Bath
  • 1230 sft
1827 Johnson St, Mamou, LA, 70554
Property at 3139 State Highway 642, Paulina, LA
$ 100,000
ROI
24.5ROI percentage
Cash Flow/m
Dollar sign133
  • 4 Bed
  • 3 Bath
  • 1560 sft
3139 State Highway 642, Paulina, LA, 70763
Property at 1639 Mora Red Dirt Rd, Mora, LA
$ 100,000
ROI
-ROI percentage
Cash Flow/m
Dollar sign-
  • 3 Bed
  • 2 Bath
  • - sft
1639 Mora Red Dirt Rd, Mora, LA, 71455
Property at 7840 Jay St, Metairie, LA
$ 100,000
ROI
24.5ROI percentage
Cash Flow/m
Dollar sign133
  • 2 Bed
  • 1 Bath
  • 740 sft
7840 Jay St, Metairie, LA, 70003
Property at 9512 Longside Rd, New Iberia, LA
$ 100,000
ROI
24.6ROI percentage
Cash Flow/m
Dollar sign135
  • 2 Bed
  • 2 Bath
  • 1367 sft
9512 Longside Rd, New Iberia, LA, 70560
Property at 346 S Coolidge St, Church Pt, LA
$ 100,000
ROI
32.0ROI percentage
Cash Flow/m
Dollar sign342
  • 2 Bed
  • 1 Bath
  • 1200 sft
346 S Coolidge St, Church Pt, LA, 70525
Property at 166 S Roadway St, New Orleans, LA
$ 100,000
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign153
  • 1 Bed
  • 1 Bath
  • 1265 sft
166 S Roadway St, New Orleans, LA, 70124
Property at 505 E Main St, Broussard, LA
Rental Income
$ 100,000
ROI
24.7ROI percentage
Cash Flow/m
Dollar sign139
  • 2 Bed
  • 1 Bath
  • 958 sft
505 E Main St, Broussard, LA, 70518
Property at 2013 21st St, Lake Charles, LA
$ 100,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign170
  • 3 Bed
  • 2 Bath
  • 2600 sft
2013 21st St, Lake Charles, LA, 70601
Property at 6 Darrell Dr, Hammond, LA
Fix & Flip
Motivated Seller
$ 100,000
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign140
  • 3 Bed
  • 4 Bath
  • 2033 sft
6 Darrell Dr, Hammond, LA, 70401
Property at 125 Madeira Dr, Westwego, LA
Currently Rented
Rental Income
$ 100,000
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign144
  • 3 Bed
  • 1 Bath
  • 950 sft
125 Madeira Dr, Westwego, LA, 70094
Property at 520 W 11th St, Crowley, LA
Fix & Flip
$ 100,000
ROI
25.5ROI percentage
Cash Flow/m
Dollar sign161
  • 4 Bed
  • 2 Bath
  • 1900 sft
520 W 11th St, Crowley, LA, 70526
Property at 429 Westwood Dr, Marrero, LA
$ 100,000
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign140
  • 3 Bed
  • 2 Bath
  • 1200 sft
429 Westwood Dr, Marrero, LA, 70072
Property at 1200 McDonald Ave, Ruston, LA
$ 100,000
ROI
32.0ROI percentage
Cash Flow/m
Dollar sign341
  • 2 Bed
  • 1 Bath
  • 1147 sft
1200 McDonald Ave, Ruston, LA, 71270
Property at 43 Francis Ave, Leesville, LA
$ 100,000
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign152
  • 3 Bed
  • 2 Bath
  • 1276 sft
43 Francis Ave, Leesville, LA, 71446
Property at 803 Spring St, Springhill, LA
$ 100,000
ROI
25.8ROI percentage
Cash Flow/m
Dollar sign168
  • 3 Bed
  • 1 Bath
  • 1400 sft
803 Spring St, Springhill, LA, 71075
Property at 319 Almond Creek Rd, Slidell, LA
Fix & Flip
$ 100,000
ROI
26.1ROI percentage
Cash Flow/m
Dollar sign178
  • 3 Bed
  • 2 Bath
  • 991 sft
319 Almond Creek Rd, Slidell, LA, 70461
Property at 107 W 198th St, Galliano, LA
$ 100,000
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign164
  • 6 Bed
  • 4 Bath
  • 4000 sft
107 W 198th St, Galliano, LA, 70354
Property at 131 Cadiere St, Houma, LA
$ 100,000
ROI
25.8ROI percentage
Cash Flow/m
Dollar sign168
  • 3 Bed
  • 2 Bath
  • 1361 sft
131 Cadiere St, Houma, LA, 70363
Property at 601 Houmas St, Donaldsonville, LA
$ 100,000
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign158
  • 2 Bed
  • 1 Bath
  • 828 sft
601 Houmas St, Donaldsonville, LA, 70346

Why Invest in Pelican, Louisiana?

Investing in Pelican, LA properties under $300k offers a unique opportunity in a market with solid cash flow potential. With an average ROI of 7% and a cap rate near 6%, this location is attractive for residential rental investments. The rental yield stands around 8%, reflecting a strong demand and competitive rents averaging $1,100 monthly. Appreciation rates are moderate at about 3%, providing steady equity growth. The renter-occupied rate is high, indicating a reliable tenant base for investors looking to diversify holdings affordably.

7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Pelican offers strong rental yields and stable cash flow with properties under $300k. It also benefits from steady population growth and economic stability, making it a sound investment choice for affordable real estate.

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