306 Saint Thomas LnBaton 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 306 Saint Thomas Ln, Baton Rouge, LA, 70806 priced at $278,660 converts $1,440/mo rent into after a $1,364/mo obligation. Total monthly income equals $1,440/mo. Return on cash invested prints 14.11% in year one, and rental yield reads 6.2% against a $278,660 entry. Equity gained on principal adds $1,798/yr, while 5% annual appreciation compiles into $76,989 by year five. Five-year ROI reaches 72.52% and total cumulative return in cash sums $66,992. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $1,364/mo payment, not borrower’s personal income.
Townhouse
Built in 2021
435.60 sqft lot
$N/A/sqft
$1,920 annually 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: Matt Bruno • Keller Williams Realty Red Stick Partners
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025009908
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.