2403 Brightside Dr APT 3Baton RougeLA70820
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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 2403 Brightside Dr APT 3, Baton Rouge, LA, 70820 uses $50,720 cash to close to unlock $2,893/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $1,189/mo, and a $749/mo payment keeps the spread at $241/mo. Purchase price stands at $153,000, and rental yield measures 9.33% with $1,189/mo rent. Return on cash invested shows 25.61% in year one, and 5% annual appreciation builds toward $42,271 over five years. Five-year ROI reaches 133.53% and total cumulative return in cash records $67,728. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,189/mo property income covering a $749/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70820, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,972 (100%) |
| Owner Occupied HU | 2,939 (24.5%) |
| Renter Occupied HU | 7,071 (59.1%) |
| Vacant Housing Units | 1,962 (16.4%) |
| Median Home Value | $331,138 |
| Average Home Value | $374,006 |
Housing Distribution
Address Breakdown
Residential
11,882
Single Family
6,471
Multi-Family
5,411
Businesses
253
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Listed by: April Scott • Newlands United, LLC
Mls Name: ROAM MLS
Mls ID: #2025013594