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

Property at 824 Neil Rd, WESTLAKE, LA
Listed for sale 3 days ago
$ 450,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign312
  • 3 Bed
  • 4 Bath
  • 1637 sft
824 Neil Rd, WESTLAKE, LA, 70669
Property at 1917 Henry St, Westlake, LA
Fix & Flip
Listed for sale 4 days ago
$ 165,500
ROI
26.1ROI percentage
Cash Flow/m
Dollar sign292
  • 3 Bed
  • 2 Bath
  • 1352 sft
1917 Henry St, Westlake, LA, 70669
Property at 2403 Evelia St, WESTLAKE, LA
$ 124,900
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign177
  • 2 Bed
  • 1 Bath
  • 1050 sft
2403 Evelia St, WESTLAKE, LA, 70669
Property at Eula Plan, Pinehurst, Westlake, LA
Listed for sale 4 days ago
$ 340,500
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign266
  • 4 Bed
  • 3 Bath
  • 2486 sft
Eula Plan, Pinehurst, Westlake, LA, 70669

Why Invest in Westlake, Louisiana?

Investing in Westlake, LA properties under $500k offers a great entry point for real estate investors seeking solid returns. The local market features an average ROI of around 7%, driven by a rental yield of 6.5% and cap rates near 5%. With average rents at $1,100 and steady appreciation around 3%, Westlake presents a stable investment climate. The renter-occupied rate of 60% supports ongoing demand, making this an attractive area for cash flow and long-term growth.

7%
Avg. ROI
6.5%
Rental Yield
5%
Cap Rate
$250/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

In Westlake, investment properties under $500k are typically single-family homes and small multifamily units. These properties offer affordable entry points with potential for good rental returns.

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