3140 Veranda View AveBaton RougeLA70810
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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 3140 Veranda View Ave, Baton Rouge, LA, 70810 uses $227,668 cash to close to unlock $725/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $4,347/mo, and a $3,387/mo payment keeps the spread at $60/mo. Purchase price stands at $692,000, and rental yield measures 7.54% with $4,347/mo rent. Return on cash invested shows 20.38% in year one, and 5% annual appreciation builds toward $191,187 over five years. Five-year ROI reaches 105.34% and total cumulative return in cash records $239,832. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,347/mo property income covering a $3,387/mo payment rather than investor’s personal income.
Single Family
Built in 2016
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70810, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,349 (100%) |
| Owner Occupied HU | 12,543 (61.6%) |
| Renter Occupied HU | 5,721 (28.1%) |
| Vacant Housing Units | 2,085 (10.2%) |
| Median Home Value | $375,292 |
| Average Home Value | $472,357 |
Housing Distribution
Address Breakdown
Residential
19,853
Single Family
16,834
Multi-Family
3,019
Businesses
1,152
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Listed by: Stephanie Harris • HCD Real Estate
Mls Name: ROAM MLS
Mls ID: #2025015186