426 Evergreen DrBaton RougeLA70806
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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 426 Evergreen Dr, Baton Rouge, LA, 70806 priced at $310,000 converts $2,168/mo rent into $225/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,168/mo, and annual cash flow totals $2,697/yr on $102,765 invested. Return on cash invested prints 22.53% in year one, and rental yield reads 8.39% against a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,647 by year five. Five-year ROI reaches 117.02% and total cumulative return in cash sums $120,259. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,168/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 1935
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70806, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,861 (100%) |
| Owner Occupied HU | 5,561 (37.4%) |
| Renter Occupied HU | 7,320 (49.3%) |
| Vacant Housing Units | 1,980 (13.3%) |
| Median Home Value | $337,531 |
| Average Home Value | $398,844 |
Housing Distribution
Address Breakdown
Residential
14,473
Single Family
9,243
Multi-Family
5,230
Businesses
2,068
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Listed by: Trey Willard • Keller Williams Realty Red Stick Partners
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025007230
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.