11110 Boardwalk Dr APT 54Baton 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
Rental property for sale in Baton Rouge at 11110 Boardwalk Dr APT 54, Baton Rouge, LA, 70816 generates $1,163/mo in rent, after a $929/mo payment. Total monthly income is $1,163/mo. Return on cash invested sits at 19.66% in year one, and rental yield is 7.35% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 101.61% and total cumulative return in cash sums $63,965. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,163/mo property income rather than buyer’s personal income.
Condo
Built in 2009
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: Jennifer Hebert • Pennant Real Estate
Mls Name: ROAM MLS
Mls ID: #2026001644