2388 Barber StBaton RougeLA70808
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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
Investment property for sale in Baton Rouge at 2388 Barber St, Baton Rouge, LA, 70808 uses $61,327 cash to close to unlock $3,330/yr annual cash flow and $278/mo monthly cash flow. Total monthly income runs $1,423/mo, and a $905/mo payment keeps the spread at $278/mo. Purchase price stands at $184,999, and rental yield measures 9.23% with $1,423/mo rent. Return on cash invested shows 25.34% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 132% and total cumulative return in cash records $80,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,423/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1950
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70808, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,977 (100%) |
| Owner Occupied HU | 8,297 (46.2%) |
| Renter Occupied HU | 7,122 (39.6%) |
| Vacant Housing Units | 2,558 (14.2%) |
| Median Home Value | $427,368 |
| Average Home Value | $508,352 |
Housing Distribution
Address Breakdown
Residential
16,843
Single Family
11,058
Multi-Family
5,785
Businesses
1,225
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Listed by: Royal Ross Jr • Houzway
Mls Name: ROAM MLS
Mls ID: #2025021413