Is Hammond, LA a good place to invest in rental property?

Hammond, LA has a median modeled monthly cash flow of $-291 and a median cap rate of 5.0%, on a median sold price of $253,805. Prices changed -0.7% year over year.

What is the average cap rate in Hammond, LA?

The median cap rate across recently sold homes in Hammond, LA is 5.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hammond, LA?

The median sold price in Hammond, LA is $253,805 (about $145 per square foot).

Investing in Hammond, LA Real Estate

A data-driven snapshot of the Hammond, LA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$253,805Median sold price

$145Median $/sqft

5.0%Median cap rate

$-291Modeled cash flow / mo

-0.7%Appreciation YoY

10.2Months of supply

644Active listings

759Sold (last 12 mo)

What the Hammond numbers say

In Hammond, LA, the median home sold for $253,805 (about $145 per square foot), and the typical deal models out to a 5.0% cap rate with a median $-291 of monthly cash flow. Sold prices moved -0.7% over the past year. Inventory sits at about 10.2 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Louisiana markets to compare

See Hammond cash-flowing listings

CashFlowRE ranks every for-sale home in Hammond, LA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Hammond deals, or browse the national market data.