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

Waggaman, LA has a median modeled monthly cash flow of $43 and a median cap rate of 6.6%, on a median sold price of $198,000. Prices changed -8.8% year over year.

What is the average cap rate in Waggaman, LA?

The median cap rate across recently sold homes in Waggaman, LA is 6.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Waggaman, LA?

The median sold price in Waggaman, LA is $198,000 (about $140 per square foot).

Investing in Waggaman, LA Real Estate

A data-driven snapshot of the Waggaman, 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.

$198,000Median sold price

$140Median $/sqft

6.6%Median cap rate

$43Modeled cash flow / mo

-8.8%Appreciation YoY

12.3Months of supply

83Active listings

81Sold (last 12 mo)

What the Waggaman numbers say

In Waggaman, LA, the median home sold for $198,000 (about $140 per square foot), and the typical deal models out to a 6.6% cap rate with a median $43 of monthly cash flow. Sold prices moved -8.8% over the past year. Inventory sits at about 12.3 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 Waggaman cash-flowing listings

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