10238 Oak Colony DrBaton RougeLA70817
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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
Investment Highlights
Investment property for sale in Baton Rouge at 10238 Oak Colony Dr, Baton Rouge, LA, 70817 offers a 7.11% rental yield on a $505,990 purchase with $3,000/mo rent. 09% in year one. Equity gained on principal adds $3,265/yr while 5% annual appreciation supports $139,796 over five years. Portfolio math shows five-year ROI at 98.44% and total cumulative return in cash at $163,876. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $2,477/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70817, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,335 (100%) |
| Owner Occupied HU | 11,804 (72.3%) |
| Renter Occupied HU | 3,307 (20.2%) |
| Vacant Housing Units | 1,224 ( 7.5%) |
| Median Home Value | $313,257 |
| Average Home Value | $357,101 |
Housing Distribution
Address Breakdown
Residential
16,033
Single Family
13,991
Multi-Family
2,042
Businesses
818
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Listed by: Carlos Alvarez • RE/MAX Total
Mls Name: ROAM MLS
Mls ID: #2025010221