345 W Parker Blvd APT 201Baton RougeLA70808
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 345 W Parker Blvd APT 201, Baton Rouge, LA, 70808 uses $120,633 cash to close to unlock $8,904/yr annual cash flow and $742/mo monthly cash flow. Total monthly income runs $3,426/mo, and a $1,781/mo payment keeps the spread at $742/mo. Purchase price stands at $363,900, and rental yield measures 11.3% with $3,426/mo rent. Return on cash invested shows 27.29% in year one, and 5% annual appreciation builds toward $100,539 over five years. Five-year ROI reaches 143.96% and total cumulative return in cash records $173,662. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,426/mo property income covering a $1,781/mo payment rather than investor’s personal income.
Condo
Built in 2010
1 Acres lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70808, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,977 (100%) |
| Owner Occupied HU | 8,297 (46.2%) |
| Renter Occupied HU | 7,122 (39.6%) |
| Vacant Housing Units | 2,558 (14.2%) |
| Median Home Value | $427,368 |
| Average Home Value | $508,352 |
Housing Distribution
Address Breakdown
Residential
16,843
Single Family
11,058
Multi-Family
5,785
Businesses
1,225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A