10589 Mayfair DrBaton RougeLA70809
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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 10589 Mayfair Dr, Baton Rouge, LA, 70809 offers a 9.24% rental yield on a $175,000 purchase with $1,348/mo rent. Total monthly income registers $1,348/mo, and a $857/mo payment leaves $219/mo available for distribution. Annual cash flow reaches $2,632/yr on $58,013 to close, and return on cash invested stands at 24.45% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 127.58% and total cumulative return in cash at $74,011. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,348/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
8,025 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70809, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,930 (100%) |
| Owner Occupied HU | 6,684 (48.0%) |
| Renter Occupied HU | 5,604 (40.2%) |
| Vacant Housing Units | 1,642 (11.8%) |
| Median Home Value | $367,623 |
| Average Home Value | $464,254 |
Housing Distribution
Address Breakdown
Residential
13,301
Single Family
8,252
Multi-Family
5,049
Businesses
2,502
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