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

New Roads, LA has a median modeled monthly cash flow of $-372 and a median cap rate of 4.3%, on a median sold price of $285,000. Prices changed +8.8% year over year.

What is the average cap rate in New Roads, LA?

The median cap rate across recently sold homes in New Roads, LA is 4.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New Roads, LA?

The median sold price in New Roads, LA is $285,000 (about $161 per square foot).

Investing in New Roads, LA Real Estate

A data-driven snapshot of the New Roads, 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.

$285,000Median sold price

$161Median $/sqft

4.3%Median cap rate

$-372Modeled cash flow / mo

+8.8%Appreciation YoY

14.0Months of supply

57Active listings

49Sold (last 12 mo)

What the New Roads numbers say

In New Roads, LA, the median home sold for $285,000 (about $161 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-372 of monthly cash flow. Sold prices moved +8.8% over the past year. Inventory sits at about 14.0 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 New Roads cash-flowing listings

CashFlowRE ranks every for-sale home in New Roads, 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 New Roads deals, or browse the national market data.