Condo Investment Properties in Springfield, LA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Springfield, LA

Property at 32875 Rivergate Cir APT 1, Springfield, LA
$ 315,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign197
  • 2 Bed
  • 4 Bath
  • 1886 sft
32875 Rivergate Cir APT 1, Springfield, LA, 70462
Property at 32875 Rivergate Circle #26, springfield, LA
$ 210,000
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign138
  • 2 Bed
  • 3 Bath
  • 1560 sft
32875 Rivergate Circle #26, springfield, LA, 70462
Property at 31690 River Pines Dr #31690, Springfield, LA
$ 159,887
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign159
  • 2 Bed
  • 1 Bath
  • 900 sft
31690 River Pines Dr #31690, Springfield, LA, 70462
Property at 31686 River Pines Dr #31686, Springfield, LA
$ 159,897
ROI
24.7ROI percentage
Cash Flow/m
Dollar sign218
  • 2 Bed
  • 1 Bath
  • 900 sft
31686 River Pines Dr #31686, Springfield, LA, 70462

Why Invest in Springfield, Louisiana?

Investing in Springfield, LA condos offers a unique opportunity to tap into a growing market with steady rental demand. The local condo market provides an average rental yield of 7.2%, and an average ROI of 9.5%, reflecting solid profitability for investors. Cap rates here are around 6.8%, while properties generally appreciate by 3.1% annually. With renter occupancy at 68%, condos remain a favored choice among residents seeking affordability and convenience.

9.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$850/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
3.1%
1Y Appreciation

Frequently Asked Questions

The average rental yield for condos in Springfield, LA is approximately 7.2%, making it an attractive option for investors seeking steady income.

Find Your Perfect Investment Property in Springfield, Louisiana

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