13622 Briarcliff AveBaton RougeLA70815
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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
Investment property for sale in Baton Rouge at 13622 Briarcliff Ave, Baton Rouge, LA, 70815 offers a 10.14% rental yield on a $284,000 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,390/mo payment leaves $624/mo available for distribution. Annual cash flow reaches $7,490/yr on $94,146 to close, and return on cash invested stands at 27.86% in year one. Equity gained on principal adds $1,833/yr while 5% annual appreciation supports $78,464 over five years. Portfolio math shows five-year ROI at 145.63% and total cumulative return in cash at $137,105. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,390/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.35 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70815, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,216 (100%) |
| Owner Occupied HU | 7,160 (58.6%) |
| Renter Occupied HU | 3,767 (30.8%) |
| Vacant Housing Units | 1,289 (10.6%) |
| Median Home Value | $220,891 |
| Average Home Value | $233,303 |
Housing Distribution
Address Breakdown
Residential
11,554
Single Family
9,385
Multi-Family
2,169
Businesses
1,114
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Listed by: April Grevious • Innovative Realty Services
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024017844
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 2024 ROAM MLS.