11060 Paddock AveBaton RougeLA70816
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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 11060 Paddock Ave, Baton Rouge, LA, 70816 generates $2,274/mo in rent and, after a $1,322/mo payment, leaves $601/mo in cash flow. Total monthly income is $2,274/mo, and annual cash flow is $7,212/yr on $89,505 invested. Return on cash invested sits at 27.97% in year one, and rental yield is 10.11% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 146.04% and total cumulative return in cash sums $130,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,274/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
8,712 sqft 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: Mary DiBenedetto • RE/MAX Professional
Mls Name: ROAM MLS
Mls ID: #2026001092