10600 Lakes Blvd APT 1604Baton RougeLA70810
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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 10600 Lakes Blvd APT 1604, Baton Rouge, LA, 70810 uses $64,643 cash to close to unlock $3,786/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $1,523/mo, and a $954/mo payment keeps the spread at $316/mo. Purchase price stands at $195,000, and rental yield measures 9.37% with $1,523/mo rent. Return on cash invested shows 25.77% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 134.29% and total cumulative return in cash records $86,806. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,523/mo property income covering a $954/mo payment rather than investor’s personal income.
Condo
Built in 2008
1,620 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70810, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,349 (100%) |
| Owner Occupied HU | 12,543 (61.6%) |
| Renter Occupied HU | 5,721 (28.1%) |
| Vacant Housing Units | 2,085 (10.2%) |
| Median Home Value | $375,292 |
| Average Home Value | $472,357 |
Housing Distribution
Address Breakdown
Residential
19,853
Single Family
16,834
Multi-Family
3,019
Businesses
1,152
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Listed by: Philip Cazayoux • Pennant Real Estate
Mls Name: ROAM MLS
Mls ID: #2025015180