150 Ocean Dr APT 2BBaton RougeLA70806
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
Investment Highlights
Investment property for sale in Baton Rouge at 150 Ocean Dr APT 2B, Baton Rouge, LA, 70806 at $111,000 posts ROI 21.24% with $41/mo cash flow from $888/mo rent. Total monthly income equals $888/mo, and annual cash flow records $488/yr on $36,797 to close. Return on cash invested measures 21.24% and rental yield reads 9.6% at the current $111,000. Equity gained on principal adds $716/yr, and 5% annual appreciation supports $30,667 by year five. Five-year ROI prints 111.9% and total cumulative return in cash totals $41,174.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $888/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1985
N/A lot
$N/A/sqft
$1,920 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70806, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,861 (100%) |
| Owner Occupied HU | 5,561 (37.4%) |
| Renter Occupied HU | 7,320 (49.3%) |
| Vacant Housing Units | 1,980 (13.3%) |
| Median Home Value | $337,531 |
| Average Home Value | $398,844 |
Housing Distribution
Address Breakdown
Residential
14,473
Single Family
9,243
Multi-Family
5,230
Businesses
2,068
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Listed by: Elizabeth Burns • Engel & Volkers Baton Rouge
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2023011535
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.