10926 Old Hammond Hwy APT 3Baton RougeLA70816
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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 10926 Old Hammond Hwy APT 3, Baton Rouge, LA, 70816 offers a 10.42% rental yield on a $133,900 purchase with $1,163/mo rent. Total monthly income registers $1,163/mo, and a $655/mo payment leaves $334/mo available for distribution. Annual cash flow reaches $4,007/yr on $44,388 to close, and return on cash invested stands at 28.94% in year one. Equity gained on principal adds $864/yr while 5% annual appreciation supports $36,994 over five years. Portfolio math shows five-year ROI at 151.26% and total cumulative return in cash at $67,143. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,163/mo property income against a $655/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70816, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,371 (100%) |
| Owner Occupied HU | 9,700 (45.4%) |
| Renter Occupied HU | 9,090 (42.5%) |
| Vacant Housing Units | 2,581 (12.1%) |
| Median Home Value | $254,072 |
| Average Home Value | $282,276 |
Housing Distribution
Address Breakdown
Residential
20,004
Single Family
12,062
Multi-Family
7,942
Businesses
2,229
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Listed by: Barbara Dixon • Dixon Realty
Mls Name: ROAM MLS
Mls ID: #2025021004