3486 Brookmeade DrBaton RougeLA70816
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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
Rental property for sale in Baton Rouge at 3486 Brookmeade Dr, Baton Rouge, LA, 70816 priced at $309,268 converts $2,252/mo rent into $291/mo cash flow after a $1,514/mo obligation. Total monthly income equals $2,252/mo, and annual cash flow totals $3,488/yr on $102,522 invested. Return on cash invested prints 23.31% in year one, and rental yield reads 8.74% against a $309,268 entry. Equity gained on principal adds $1,996/yr, while 5% annual appreciation compiles into $85,445 by year five. Five-year ROI reaches 121.29% and total cumulative return in cash sums $124,350. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,252/mo property income covering a $1,514/mo payment, not borrower’s personal income.
Single Family
Built in 2005
8,712 sqft lot
$N/A/sqft
$250 annually 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
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Listed by: Myra Mansur • Dawson Grey Real Estate
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025008571
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.