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

Hammond, LA has a median modeled monthly cash flow of $-368 and a median cap rate of 4.6%, on a median sold price of $240,360. Prices changed +0.0% year over year.

What is the average cap rate in Hammond, LA?

The median cap rate across recently sold homes in Hammond, LA is 4.6%, 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 $240,360 (about $143 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.

$240,360Median sold price

$143Median $/sqft

4.6%Median cap rate

$-368Modeled cash flow / mo

+0.0%Appreciation YoY

12.9Months of supply

497Active listings

462Sold (last 12 mo)

What the Hammond numbers say

In Hammond, LA, the median home sold for $240,360 (about $143 per square foot), and the typical deal models out to a 4.6% cap rate with a median $-368 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 12.9 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.

🔨 See 8 fix-and-flip deals in Hammond — listings where the estimated after-repair value beats list price + rehab.

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.