3215 Halifax DrBaton RougeLA70819
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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
Investment Highlights
Rental property for sale in Baton Rouge at 3215 Halifax Dr, Baton Rouge, LA, 70819 priced at $177,900 pairs $1,680/mo rent with $578/mo cash flow after a $871/mo payment. Total monthly income equals $1,680/mo, and annual cash flow comes to $6,933/yr on $58,974 invested. Return on cash invested is 31.66% in year one, and rental yield stands at 11.33% on a $177,900 basis. Equity gained on principal adds $1,148/yr, and 5% annual appreciation accumulates to $49,150 by year five. Five-year ROI measures 165.93% and total cumulative return in cash reaches $97,853. For financing, Ziffy Mortgage’s DSCR program evaluates $1,680/mo property income against a $871/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70819, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,945 (100%) |
| Owner Occupied HU | 1,193 (61.3%) |
| Renter Occupied HU | 551 (28.3%) |
| Vacant Housing Units | 201 (10.3%) |
| Median Home Value | $167,526 |
| Average Home Value | $208,667 |
Housing Distribution
Address Breakdown
Residential
1,925
Single Family
1,903
Multi-Family
22
Businesses
113
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Listed by: Jill Edenfield • Pennant Real Estate
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024014735
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.