15023 Shenandoah View Ct APT 3Baton RougeLA70817
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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 15023 Shenandoah View Ct APT 3, Baton Rouge, LA, 70817 uses $48,064 cash to close to unlock $3,937/yr annual cash flow and $328/mo monthly cash flow. Total monthly income runs $1,237/mo, and a $710/mo payment keeps the spread at $328/mo. Purchase price stands at $144,990, and rental yield measures 10.24% with $1,237/mo rent. Return on cash invested shows 28.1% in year one, and 5% annual appreciation builds toward $40,058 over five years. Five-year ROI reaches 146.94% and total cumulative return in cash records $70,625. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,237/mo property income covering a $710/mo payment rather than investor’s personal income.
Condo
Built in 1984
718.74 sqft lot
$N/A/sqft
$125 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70817, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,335 (100%) |
| Owner Occupied HU | 11,804 (72.3%) |
| Renter Occupied HU | 3,307 (20.2%) |
| Vacant Housing Units | 1,224 ( 7.5%) |
| Median Home Value | $313,257 |
| Average Home Value | $357,101 |
Housing Distribution
Address Breakdown
Residential
16,033
Single Family
13,991
Multi-Family
2,042
Businesses
818
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Listed by: Vivian Ji • Call it Closed International Realty
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024020564
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.