2326 Terrace AveBaton RougeLA70806
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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 2326 Terrace Ave, Baton Rouge, LA, 70806 generates $3,595/mo in rent, after a $3,230/mo payment. Total monthly income is $3,595/mo. Return on cash invested sits at 17.34% in year one, and rental yield is 6.54% on a $660,000 entry. Equity gained on principal adds $4,259/yr, while 5% annual appreciation builds toward $182,346 over five years. Five-year ROI reaches 89.01% and total cumulative return in cash sums $193,269. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,595/mo property income rather than buyer’s personal income.
Single Family
Built in 1939
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70806, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,861 (100%) |
| Owner Occupied HU | 5,561 (37.4%) |
| Renter Occupied HU | 7,320 (49.3%) |
| Vacant Housing Units | 1,980 (13.3%) |
| Median Home Value | $337,531 |
| Average Home Value | $398,844 |
Housing Distribution
Address Breakdown
Residential
14,473
Single Family
9,243
Multi-Family
5,230
Businesses
2,068
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Listed by: Denise Stari • Keller Williams Realty-First Choice
Mls Name: ROAM MLS
Mls ID: #2025020444