17351 Lake Iris AveBaton 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
Rental property for sale in Baton Rouge at 17351 Lake Iris Ave, Baton Rouge, LA, 70817 generates $2,308/mo in rent and, after a $1,394/mo payment, leaves $544/mo in cash flow. Total monthly income is $2,308/mo, and annual cash flow is $6,524/yr on $94,444 invested. Return on cash invested sits at 26.82% in year one, and rental yield is 9.72% on a $284,900 entry. Equity gained on principal adds $1,838/yr, while 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 139.89% and total cumulative return in cash sums $132,119. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,308/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
7,426 sqft lot
$N/A/sqft
No 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: Jaunice Salgado • SR Realty Group LLC
Mls Name: GSREIN
Mls ID: #2537726