13504 Morvant RdBakerLA70714
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Baker rentals match the income profile of 13504 Morvant Rd, Baker, LA, 70714. Listed at $169,900, gross rent is $1,637/mo and net cash flow is $628/mo, a 11.87% yield well above national averages. DSCR 2.14 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $46,940 by year five with $1,565/yr in annual principal reduction, projecting $102,087 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 7.2% |
| Monthly Cash Flow | $628 | $900 |
City averages based on Baker market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,637 |
| Total Monthly Debt Service | $985 |
| DSCR Ratio | 1.66x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1973
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70714, Baker, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,662 (100%) |
| Owner Occupied HU | 5,117 (66.8%) |
| Renter Occupied HU | 1,783 (23.3%) |
| Vacant Housing Units | 762 ( 9.9%) |
| Median Home Value | $186,650 |
| Average Home Value | $241,456 |
Housing Distribution
Address Breakdown
Residential
7,485
Single Family
6,774
Multi-Family
711
Businesses
364
Nearby investment properties with comparable rents
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
Single Family
Built in 1973
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70714, Baker, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,662 (100%) |
| Owner Occupied HU | 5,117 (66.8%) |
| Renter Occupied HU | 1,783 (23.3%) |
| Vacant Housing Units | 762 ( 9.9%) |
| Median Home Value | $186,650 |
| Average Home Value | $241,456 |
Housing Distribution
Address Breakdown
Residential
7,485
Single Family
6,774
Multi-Family
711
Businesses
364
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Dinser • LATTER & BLUM (LATT42)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2495111
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.