3421 Oneal Ln APT ABaton RougeLA70816
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 3421 Oneal Ln APT A, Baton Rouge, LA, 70816 uses $44,719 cash to close to unlock $2,132/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $1,013/mo, and a $660/mo payment keeps the spread at $178/mo. Purchase price stands at $134,900, and rental yield measures 9.01% with $1,013/mo rent. Return on cash invested shows 24.68% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 128.41% and total cumulative return in cash records $57,425. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,013/mo property income covering a $660/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70816, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,371 (100%) |
| Owner Occupied HU | 9,700 (45.4%) |
| Renter Occupied HU | 9,090 (42.5%) |
| Vacant Housing Units | 2,581 (12.1%) |
| Median Home Value | $254,072 |
| Average Home Value | $282,276 |
Housing Distribution
Address Breakdown
Residential
20,004
Single Family
12,062
Multi-Family
7,942
Businesses
2,229
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara Dixon • Dixon Realty
Mls Name: ROAM MLS
Mls ID: #2025017267