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


177- 3 Bed
- 2 Bath
- 1216 sft


672- 2 Bed
- 2 Bath
- 817 sft


185- 4 Bed
- 4 Bath
- 2986 sft


170- 3 Bed
- 2 Bath
- 1289 sft


120- 4 Bed
- 2 Bath
- 1500 sft


168- 3 Bed
- 2 Bath
- 1433 sft


-- 4 Bed
- 1 Bath
- 1972 sft


135- 2 Bed
- 2 Bath
- 1350 sft


155- 1 Bed
- 1 Bath
- 950 sft


163- 2 Bed
- 2 Bath
- 1376 sft


174- 3 Bed
- 1 Bath
- 1003 sft


134- 3 Bed
- 2 Bath
- 1217 sft


133- 3 Bed
- 2 Bath
- - sft


154- 3 Bed
- 2 Bath
- 1250 sft


176- 4 Bed
- 1 Bath
- 1000 sft


146- 2 Bed
- 1 Bath
- 782 sft


164- 2 Bed
- 1 Bath
- 934 sft


135- 2 Bed
- 1 Bath
- 1000 sft


165- 3 Bed
- 2 Bath
- 1169 sft


150- 3 Bed
- 2 Bath
- 1745 sft


-- 3 Bed
- 2 Bath
- 2712 sft


170- 3 Bed
- 2 Bath
- 1192 sft


179- 2 Bed
- 2 Bath
- 1244 sft


-- 4 Bed
- 2 Bath
- 1768 sft
Why Invest in Pelican, Louisiana?
Investing in Pelican, LA, with properties under $500k offers a unique opportunity to tap into a growing market with solid rental demand. The area shows an average ROI of 7.2%, complemented by a rental yield of 6.5%. Cap rates remain attractive at 6.8%, indicating favorable cash flow potential. Average cash flow from rental properties is around $350 per month, driven by an average rent of $1,100. Property appreciation has been steady at approximately 3% annually, while renter occupancy rates hover around 75%, underscoring consistent tenant demand.
Frequently Asked Questions
The average rental yield for properties under $500k in Pelican, LA is approximately 6.5%, providing steady returns for investors.
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