2045 N 3rd St APT 313Baton RougeLA70802
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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 2045 N 3rd St APT 313, Baton Rouge, LA, 70802 generates $932/mo in rent and, after a $587/mo payment, leaves $189/mo in cash flow. Total monthly income is $932/mo, and annual cash flow is $2,270/yr on $39,747 invested. Return on cash invested sits at 25.62% in year one, and rental yield is 9.33% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 133.56% and total cumulative return in cash sums $53,088. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $932/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70802, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,046 (100%) |
| Owner Occupied HU | 3,588 (25.5%) |
| Renter Occupied HU | 7,574 (53.9%) |
| Vacant Housing Units | 2,884 (20.5%) |
| Median Home Value | $114,919 |
| Average Home Value | $249,520 |
Housing Distribution
Address Breakdown
Residential
11,643
Single Family
8,942
Multi-Family
2,701
Businesses
1,085
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Listed by: Jen Dugar • Anchor South Real Estate
Mls Name: ROAM MLS
Mls ID: #2025018660