4624 Parkoaks Dr APT 11Baton RougeLA70816
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 4624 Parkoaks Dr APT 11, Baton Rouge, LA, 70816 uses $45,416 cash to close to unlock $2,651/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $1,070/mo, and a $671/mo payment keeps the spread at $221/mo. Purchase price stands at $137,000, and rental yield measures 9.37% with $1,070/mo rent. Return on cash invested shows 25.75% in year one, and 5% annual appreciation builds toward $37,851 over five years. Five-year ROI reaches 134.13% and total cumulative return in cash records $60,916. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,070/mo property income covering a $671/mo payment rather than investor’s personal income.
Townhouse
Built in 1993
7,840 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phyllis Guedry • Compass - Perkins
Mls Name: ROAM MLS
Mls ID: #2025019462