3347 Nicholson Dr APT A311Baton RougeLA70802
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
Investment Highlights
Investment property for sale in Baton Rouge at 3347 Nicholson Dr APT A311, Baton Rouge, LA, 70802 earns from $1,043/mo rent with a $929/mo payment. Total monthly income totals $1,043/mo. ROI tracks 17.38% on current figures, and rental yield reads 6.59% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 89.33% and total cumulative return in cash sums $56,237. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,043/mo property income instead of your 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Philip Cazayoux • Pennant Real Estate
Mls Name: ROAM MLS
Mls ID: #2025021546