Professional grm calculator optimized for residential properties in New Orleans. Local market data shows 6.6% average cap rates and $315,000 median property values.
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The New Orleans, LA residential real estate market offers unique investment opportunities. With a median home price of $315,000 and average cap rates of 6.6%,residential properties in this market present a strong yield profile.
Current market conditions show properties averaging 48 days on market, with year-over-year appreciation of 4.7%. Average cash-on-cash returns for residential investments in New Orleans are approximately 10.6%.