1003 Renova DrBaton RougeLA70820
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1003 Renova Dr, Baton Rouge, LA, 70820 in Baton Rouge speaks for itself: 11.09% gross on a $279,685 price, generating $2,585/mo in rent and $802/mo in net income after the $1,258/mo debt service. DSCR 2.05, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,627 stacks alongside $77,272 in projected five-year appreciation and $2,576/yr in principal reduction. Projected total cumulative return: $157,913.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 7.2% |
| Monthly Cash Flow | $802 | $450 |
City averages based on Baton Rouge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,585 |
| Total Monthly Debt Service | $1,671 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
4,486 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70820, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,972 (100%) |
| Owner Occupied HU | 2,939 (24.5%) |
| Renter Occupied HU | 7,071 (59.1%) |
| Vacant Housing Units | 1,962 (16.4%) |
| Median Home Value | $331,138 |
| Average Home Value | $374,006 |
Housing Distribution
Address Breakdown
Residential
11,882
Single Family
6,471
Multi-Family
5,411
Businesses
253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 2025
4,486 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70820, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,972 (100%) |
| Owner Occupied HU | 2,939 (24.5%) |
| Renter Occupied HU | 7,071 (59.1%) |
| Vacant Housing Units | 1,962 (16.4%) |
| Median Home Value | $331,138 |
| Average Home Value | $374,006 |
Housing Distribution
Address Breakdown
Residential
11,882
Single Family
6,471
Multi-Family
5,411
Businesses
253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Bonnee Duncan • D.R. Horton Realty Of Louisian
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025001047
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.