3390 Nicholson Dr APT A100Baton 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 3390 Nicholson Dr APT A100, Baton Rouge, LA, 70802 listed at $199,900 pairs $1,007/mo rent with a $978/mo payment. Total monthly income runs $1,007/mo. Return on cash invested measures 15.73% in year one, and rental yield registers 6.05% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 80.49% and total cumulative return in cash totals $53,341. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,007/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2009
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: Rachel Lovell • RE/MAX Professional
Mls Name: ROAM MLS
Mls ID: #2025013692