3347 Nicholson Dr APT A210Baton 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
Total monthly income runs $1,007/mo, and a $954/mo payment. Purchase price stands at $195,000, and rental yield measures 6.2% with $1,007/mo rent. Return on cash invested shows 16.19% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 82.92% and total cumulative return in cash records $53,602. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,007/mo property income covering a $954/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A 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: Tracy Mathis • LPT Realty, LLC Bluebonnet
Mls Name: ROAM MLS
Mls ID: #2025018858