15656 Riverdale Ave EBaton RougeLA70816
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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 15656 Riverdale Ave E, Baton Rouge, LA, 70816 listed at $139,900 pairs $1,112/mo rent with a $685/mo payment to leave $145/mo cash flow. Total monthly income runs $1,112/mo, and annual cash flow reaches $1,742/yr on $46,377 cash to close. Return on cash invested measures 23.66% in year one, and rental yield registers 9.54% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 124.03% and total cumulative return in cash totals $57,519. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,112/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1986
2,178 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70816, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,371 (100%) |
| Owner Occupied HU | 9,700 (45.4%) |
| Renter Occupied HU | 9,090 (42.5%) |
| Vacant Housing Units | 2,581 (12.1%) |
| Median Home Value | $254,072 |
| Average Home Value | $282,276 |
Housing Distribution
Address Breakdown
Residential
20,004
Single Family
12,062
Multi-Family
7,942
Businesses
2,229
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Listed by: Rebecca Braun • Covington & Associates Real Estate, LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025011332
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.