How is the rental demand in Spearsville for properties under $200k?

Rental demand in Spearsville remains steady with a renter occupancy rate of 55%. Affordable homes attract a diverse tenant base including local workers and students, supporting consistent rental income.

Are there any risks associated with investing in Spearsville’s under $200k market?

Investors should consider moderate flood risk and insurance cost trends in Spearsville. However, infrastructure improvements and stable local employment help mitigate some investment risks.

What economic factors support real estate investment in Spearsville, LA?

Spearsville’s stable employment growth, presence of major employers, and a median income near $48,000 create a supportive environment for real estate investments, especially in affordable housing markets.

Under $200K Investment Properties for Sale in Spearsville, LA

Property at 224 Highway 558, Spearsville, LA

2 Bed
2 Bath
2200 sft

224 Highway 558, Spearsville, LA, 71277

Property at 156 Mack Ln, Spearsville, LA

3 Bed
2 Bath
1216 sft

156 Mack Ln, Spearsville, LA, 71277

Property at 1997 Highway 558, Spearsville, LA

4 Bed
2 Bath
2128 sft

1997 Highway 558, Spearsville, LA, 71277

Here are some other similar properties you might be interested in:

Property at 245 Settlers Park Dr, Shreveport, LA

Listed for sale 2 days ago

2 Bed
2 Bath
817 sft

245 Settlers Park Dr, Shreveport, LA, 71115

Property at 1741 White St, Alexandria, LA

Listed for sale 3 days ago

4 Bed
4 Bath
2986 sft

1741 White St, Alexandria, LA, 71301

Property at 944 Savanna View Dr, Baton Rouge, LA

Listed for sale 7 days ago

3 Bed
2 Bath
1289 sft

944 Savanna View Dr, Baton Rouge, LA, 70810

Property at 809 W End Dr, New Iberia, LA

4 Bed
2 Bath
1500 sft

809 W End Dr, New Iberia, LA, 70560

Property at 2306 Veterans Memorial Dr, Erath, LA

3 Bed
2 Bath
1433 sft

2306 Veterans Memorial Dr, Erath, LA, 70533

$ 100,000

ROI

Cash Flow/m

4 Bed
1 Bath
1972 sft

655 W 3rd St, Homer, LA, 71040

Property at 14062 Partridge Ln, New Orleans, LA

2 Bed
2 Bath
1350 sft

14062 Partridge Ln, New Orleans, LA, 70128

1 Bed
1 Bath
950 sft

1000 Main St, La Place, LA, 70068

Property at 3 Insurance Rd, Rayville, LA

2 Bed
2 Bath
1376 sft

3 Insurance Rd, Rayville, LA, 71269

Property at 714 5th St NE, Springhill, LA

3 Bed
1 Bath
1003 sft

714 5th St NE, Springhill, LA, 71075

3 Bed
2 Bath
1217 sft

50428 Abene Rd, Tickfaw, LA, 70466

3 Bed
2 Bath
- sft

110 Blue Ln, Thibodaux, LA, 70301

Property at 1548 William Peters Rd, Bogalusa, LA

3 Bed
2 Bath
1250 sft

1548 William Peters Rd, Bogalusa, LA, 70427

Property at 74118 N Westmoreland Rd, Kentwood, LA

4 Bed
1 Bath
1000 sft

74118 N Westmoreland Rd, Kentwood, LA, 70444

Property at 707 General Patton St, Morgan City, LA

2 Bed
1 Bath
782 sft

707 General Patton St, Morgan City, LA, 70380

2 Bed
1 Bath
934 sft

104 Anne Dr, Avondale, LA, 70094

Property at 150 Peggy Ann Ln, Lake Charles, LA

2 Bed
1 Bath
1000 sft

150 Peggy Ann Ln, Lake Charles, LA, 70607

Property at 404 Filhiol Ave, West Monroe, LA

3 Bed
2 Bath
1169 sft

404 Filhiol Ave, West Monroe, LA, 71292

3 Bed
2 Bath
1745 sft

1120 College Rd, Eunice, LA, 70535

Property at 203 Wadsworth, Cheneyville, LA

$ 100,000

ROI

Cash Flow/m

3 Bed
2 Bath
2712 sft

203 Wadsworth, Cheneyville, LA, 71325

3 Bed
2 Bath
1192 sft

243 Spring Rd, Frierson, LA, 71027

Property at 1004 Mouton Ave, Saint Martinville, LA

2 Bed
2 Bath
1244 sft

1004 Mouton Ave, Saint Martinville, LA, 70582

Property at 200 Martin Way, Oak Grove, LA

4 Bed
2 Bath
1768 sft

200 Martin Way, Oak Grove, LA, 71263

3 Bed
1 Bath
1279 sft

7351 Main St, Houma, LA, 70360

Why Invest in Spearsville, Louisiana?

Investing in Spearsville, LA under $200k presents a unique opportunity for real estate investors seeking affordable properties with solid growth potential. With an average rental yield around 7%, investors benefit from competitive cash flows and a cap rate near 6%. Appreciation is steady at approximately 3% per year, complemented by a renter-occupied rate of 55%, indicating consistent rental demand. Affordable entry points combined with these investment metrics make Spearsville an enticing market in Louisiana.

Avg. ROI

Rental Yield

Cap Rate

$800/mo

Avg. Cash Flow

$900/mo

Avg. Rent

1Y Appreciation

Frequently Asked Questions

In Spearsville, under $200k properties typically include single-family homes, small multifamily units, and some condos. These properties often appeal to first-time investors and those seeking affordable rental options.

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Under $200K Investment Properties for Sale in Spearsville, LA

Why Invest in Spearsville, Louisiana?

Frequently Asked Questions

What types of properties are available under $200k in Spearsville, LA?

How is the rental demand in Spearsville for properties under $200k?

Are there any risks associated with investing in Spearsville’s under $200k market?

What economic factors support real estate investment in Spearsville, LA?

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