2931 Convention StBaton 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
Investment property for sale in Baton Rouge at 2931 Convention St, Baton Rouge, LA, 70806 earns $202/mo cash flow from $914/mo rent with a $563/mo payment. Total monthly income totals $914/mo, and annual cash flow totals $2,418/yr on $38,123 capital. ROI tracks 26.25% on current figures, and rental yield reads 9.54% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 136.92% and total cumulative return in cash sums $52,197. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $914/mo property income instead of your personal income.
Single Family
Built in 1995
0.38 Acres 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: Skylar St. Pierre • LPT Realty, LLC.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2469262
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