3202-3230 Iowa StBaton 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 3202-3230 Iowa St, Baton Rouge, LA, 70802 projects strong ROI of 0.98%. Rental yield 1.15%. With 5% annual appreciation, the property builds $552,563 in value over five years. Equity growth combined delivers a projected five-year ROI of 1.25%, translating into $8,131 in total cumulative return on $648,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Multi Family
Built in N/A
0.46 Acres lot
$N/A/sqft
No 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: Steven Hayden • Southland Properties Inc
Mls Name: ROAM MLS
Mls ID: #2026001620