16508 Patton AveBaton RougeLA70816
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 16508 Patton Ave, Baton Rouge, LA, 70816 in Baton Rouge hard to pass up. The 11.32% gross yield on a $220,000 purchase results in $2,075/mo in rent and $690/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.10). Annual cash flow of $8,278, five-year appreciation of $60,782, and $2,026/yr in equity build-up combine for a projected total cumulative return of $127,958.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 7.2% |
| Monthly Cash Flow | $690 | $450 |
City averages based on Baton Rouge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,075 |
| Total Monthly Debt Service | $1,297 |
| DSCR Ratio | 1.60x |
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.
Single Family
Built in 1978
0.25 Acres lot
$N/A/sqft
$35 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
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
Single Family
Built in 1978
0.25 Acres lot
$N/A/sqft
$35 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alison Periou • Real Broker, LLC
Mls Name: RAA
Mls Provider:
Mls ID: #2500003597
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' 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 deemed reliable, but not guaranteed accurate. Data last updated 2025-09-21 11:42:15 PDT