17065 Wax Rd APT H, Greenwell Springs, LA, 70739 | 6.24% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1386 sft

1735 Stanocola Dr, Baton Rouge, LA, 70807

2 Bed
1 Bath
662 sft

1062 Central Rd, Baton Rouge, LA, 70807

2 Bed
1 Bath
662 sft

1060 Central Rd, Baton Rouge, LA, 70807

2 Bed
- Bath
5200 sft

947 Grebe St UNIT 8, Baton Rouge, LA, 70807

Nearby investment properties with comparable prices

2 Bed
2 Bath
1124 sft

11550 Southfork Ave APT 117, Baton Rouge, LA, 70816

Investment Property+ 1 more

3 Bed
1 Bath
1340 sft

1740 73rd Ave, Baton Rouge, LA, 70807

1 Bed
1 Bath
691 sft

888 S Kenilworth Pkwy APT 1A, Baton Rouge, LA, 70820

3 Bed
2 Bath
902 sft

12248 Joe Louis Ct, Baton Rouge, LA, 70807

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $728/mo, and a $685/mo payment. Purchase price stands at $139,900, and rental yield measures 6.24% with $728/mo rent. Return on cash invested shows 16.32% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 83.66% and total cumulative return in cash records $38,799. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $728/mo property income covering a $685/mo payment rather than investor’s personal income.

Condo

Built in 1982

836.35 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70739, Greenwell Springs, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,146 (100%)
Owner Occupied HU	4,207 (81.8%)
Renter Occupied HU	627 (12.2%)
Vacant Housing Units	312 ( 6.1%)
Median Home Value	$338,798
Average Home Value	$384,306