2326 Terrace AveBaton RougeLA70806
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 2326 Terrace Ave, Baton Rouge, LA, 70806 in Baton Rouge. Rental yield 6.54%. The 1.21 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $182,346 and $6,079/yr in principal reduction project total return of $218,503.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 7.2% |
| Monthly Cash Flow | $(493) | $450 |
City averages based on Baton Rouge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,595 |
| Total Monthly Debt Service | $3,826 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Stari • Keller Williams Realty-First Choice
Mls Name: ROAM MLS
Mls ID: #2025020444