3101 Highland Rd APT 223Baton RougeLA70802
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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 3101 Highland Rd APT 223, Baton Rouge, LA, 70802 offers a 9.57% rental yield on a $120,000 purchase with $957/mo rent. 82% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 99.72% and total cumulative return in cash at $39,667. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $957/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1991
N/A lot
$N/A/sqft
$3,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70802, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,046 (100%) |
| Owner Occupied HU | 3,588 (25.5%) |
| Renter Occupied HU | 7,574 (53.9%) |
| Vacant Housing Units | 2,884 (20.5%) |
| Median Home Value | $114,919 |
| Average Home Value | $249,520 |
Housing Distribution
Address Breakdown
Residential
11,643
Single Family
8,942
Multi-Family
2,701
Businesses
1,085
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Listed by: Julie Carlisle • Latter & Blum - Perkins
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024013718
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.