141 E Boyd Dr APT 201Baton RougeLA70808
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 141 E Boyd Dr APT 201, Baton Rouge, LA, 70808 in Baton Rouge achieves a 1.64 ratio at $184,900: $1,361/mo rent versus $831/mo debt service. Rental yield 8.83%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.83% yield compounds alongside 5% annual appreciation projecting $51,084 in value. Total projected cumulative return: $84,044.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 7.2% |
| Monthly Cash Flow | $(85) | $450 |
City averages based on Baton Rouge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,361 |
| Total Monthly Debt Service | $1,072 |
| DSCR Ratio | 1.27x |
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.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70808, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,977 (100%) |
| Owner Occupied HU | 8,297 (46.2%) |
| Renter Occupied HU | 7,122 (39.6%) |
| Vacant Housing Units | 2,558 (14.2%) |
| Median Home Value | $427,368 |
| Average Home Value | $508,352 |
Housing Distribution
Address Breakdown
Residential
16,843
Single Family
11,058
Multi-Family
5,785
Businesses
1,225
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
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70808, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,977 (100%) |
| Owner Occupied HU | 8,297 (46.2%) |
| Renter Occupied HU | 7,122 (39.6%) |
| Vacant Housing Units | 2,558 (14.2%) |
| Median Home Value | $427,368 |
| Average Home Value | $508,352 |
Housing Distribution
Address Breakdown
Residential
16,843
Single Family
11,058
Multi-Family
5,785
Businesses
1,225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Palmer • PINO & Associates
Mls Name: ROAM MLS
Mls ID: #2025022162