12324 S Harrells Ferry Rd APT 9ABaton 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
Total monthly income runs $1,163/mo, and a $683/mo payment. Purchase price stands at $139,500, and rental yield measures 10% with $1,163/mo rent. Return on cash invested shows 18.58% in year one, and 5% annual appreciation builds toward $38,541 over five years. Five-year ROI reaches 99.04% and total cumulative return in cash records $45,801. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,163/mo property income covering a $683/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$4,200 annually 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: Yvonne Sharp • Magnolia Roots Realty LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024012627
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.