1116 Renova DrBaton RougeLA70820
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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 1116 Renova Dr, Baton Rouge, LA, 70820 priced at $315,565 pairs $3,118/mo rent with $1,113/mo cash flow after a $1,545/mo payment. Total monthly income equals $3,118/mo, and annual cash flow comes to $13,353/yr on $104,610 invested. Return on cash invested is 32.67% in year one, and rental yield stands at 11.86% on a $315,565 basis. Equity gained on principal adds $2,036/yr, and 5% annual appreciation accumulates to $87,185 by year five. Five-year ROI measures 171.51% and total cumulative return in cash reaches $179,415. For financing, Ziffy Mortgage’s DSCR program evaluates $3,118/mo property income against a $1,545/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
4,399 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70820, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,972 (100%) |
| Owner Occupied HU | 2,939 (24.5%) |
| Renter Occupied HU | 7,071 (59.1%) |
| Vacant Housing Units | 1,962 (16.4%) |
| Median Home Value | $331,138 |
| Average Home Value | $374,006 |
Housing Distribution
Address Breakdown
Residential
11,882
Single Family
6,471
Multi-Family
5,411
Businesses
253
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Listed by: Melissa Bonnee Duncan • D.R. Horton Realty Of Louisian
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025005173
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.