3658 N 38th StBaton RougeLA70805
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 3658 N 38th St, Baton Rouge, LA, 70805 earns $288/mo cash flow from $1,372/mo rent with a $857/mo payment. Total monthly income totals $1,372/mo, and annual cash flow totals $3,450/yr on $58,013 capital. ROI tracks 25.86% on current figures, and rental yield reads 9.41% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 134.78% and total cumulative return in cash sums $78,187. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,372/mo property income instead of your personal income.
Single Family
Built in 2024
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70805, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,711 (100%) |
| Owner Occupied HU | 4,083 (34.9%) |
| Renter Occupied HU | 5,752 (49.1%) |
| Vacant Housing Units | 1,876 (16.0%) |
| Median Home Value | $97,880 |
| Average Home Value | $170,253 |
Housing Distribution
Address Breakdown
Residential
10,543
Single Family
8,557
Multi-Family
1,986
Businesses
972
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Listed by: Precious Winford • eXp Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2478243
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