3204 Southlake AveBaton RougeLA70810
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 3204 Southlake Ave, Baton Rouge, LA, 70810 in Baton Rouge: $2,220/mo in rent, $654/mo net, 10.81% gross yield, all on a $246,500 acquisition. The 2.00 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $68,103 in value, and $2,270/yr in principal paydown steadily builds equity. Projected total cumulative return: $138,124.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 7.2% |
| Monthly Cash Flow | $654 | $450 |
City averages based on Baton Rouge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,220 |
| Total Monthly Debt Service | $1,429 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
10,018 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2006
10,018 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: ROAM MLS
Mls ID: #2026003821