3488 Oak Forest AveBaton RougeLA70814
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.75% gross rental yield, 3488 Oak Forest Ave, Baton Rouge, LA, 70814 in Baton Rouge is priced for capital growth, not immediate cash flow. The $249,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $68,794 by year five, with $2,293/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.07) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $72,021.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 7.2% |
| Monthly Cash Flow | $(348) | $450 |
City averages based on Baton Rouge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,194 |
| Total Monthly Debt Service | $1,443 |
| DSCR Ratio | 0.83x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1971
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70814, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,720 (100%) |
| Owner Occupied HU | 3,732 (65.2%) |
| Renter Occupied HU | 1,498 (26.2%) |
| Vacant Housing Units | 490 ( 8.6%) |
| Median Home Value | $181,098 |
| Average Home Value | $230,369 |
Housing Distribution
Address Breakdown
Residential
5,627
Single Family
4,950
Multi-Family
677
Businesses
574
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
Single Family
Built in 1971
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70814, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,720 (100%) |
| Owner Occupied HU | 3,732 (65.2%) |
| Renter Occupied HU | 1,498 (26.2%) |
| Vacant Housing Units | 490 ( 8.6%) |
| Median Home Value | $181,098 |
| Average Home Value | $230,369 |
Housing Distribution
Address Breakdown
Residential
5,627
Single Family
4,950
Multi-Family
677
Businesses
574
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: ROAM MLS
Mls ID: #2026004264