16023 Derby AveBaton 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 16023 Derby Ave, Baton Rouge, LA, 70816 listed at $144,500 pairs $1,441/mo rent with a $707/mo payment to leave $546/mo cash flow. Total monthly income runs $1,441/mo, and annual cash flow reaches $6,554/yr on $47,902 cash to close. Return on cash invested measures 33.59% in year one, and rental yield registers 11.97% at a $144,500 basis. Equity gained on principal adds $932/yr, and annual property appreciation at 5% supports $39,923 by year five. Five-year ROI tracks 176.33% and total cumulative return in cash totals $84,463. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,441/mo property income relative to a $707/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1983
4,791 sqft lot
$N/A/sqft
No 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: Brandon Richoux • Smart Move Real Estate
Mls Name: ROAM MLS
Mls ID: #2025017084