10741 Carmel DrBaton RougeLA70818
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
Investment Highlights
Rental property for sale in Baton Rouge at 10741 Carmel Dr, Baton Rouge, LA, 70818 generates $1,794/mo in rent and, after a $1,199/mo payment, leaves $277/mo in cash flow. Total monthly income is $1,794/mo, and annual cash flow is $3,320/yr on $81,184 invested. Return on cash invested sits at 24% in year one, and rental yield is 8.79% on a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 124.8% and total cumulative return in cash sums $101,321. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,794/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70818, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,666 (100%) |
| Owner Occupied HU | 3,412 (73.1%) |
| Renter Occupied HU | 904 (19.4%) |
| Vacant Housing Units | 350 ( 7.5%) |
| Median Home Value | $316,844 |
| Average Home Value | $327,164 |
Housing Distribution
Address Breakdown
Residential
4,694
Single Family
4,146
Multi-Family
548
Businesses
312
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Listed by: Ronald Julien • Donald Julien & Associates BR
Mls Name: ROAM MLS
Mls ID: #2025021908