5315 Canova CtBaton RougeLA70811
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 5315 Canova Ct, Baton Rouge, LA, 70811 in Baton Rouge fits: $250,900, 4.79% gross yield, and a projected 5% annual appreciation rate adding $69,319 in value within five years. Rental yield 4.79%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.89) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $2,311/yr in principal paydown and $69,319 in appreciation project a total return of $57,345.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 7.2% |
| Monthly Cash Flow | $(591) | $450 |
City averages based on Baton Rouge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,001 |
| Total Monthly Debt Service | $1,492 |
| DSCR Ratio | 0.67x |
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 2025
10,105 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70811, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,768 (100%) |
| Owner Occupied HU | 3,405 (59.0%) |
| Renter Occupied HU | 1,775 (30.8%) |
| Vacant Housing Units | 588 (10.2%) |
| Median Home Value | $163,589 |
| Average Home Value | $196,054 |
Housing Distribution
Address Breakdown
Residential
5,291
Single Family
4,512
Multi-Family
779
Businesses
197
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 2025
10,105 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70811, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,768 (100%) |
| Owner Occupied HU | 3,405 (59.0%) |
| Renter Occupied HU | 1,775 (30.8%) |
| Vacant Housing Units | 588 (10.2%) |
| Median Home Value | $163,589 |
| Average Home Value | $196,054 |
Housing Distribution
Address Breakdown
Residential
5,291
Single Family
4,512
Multi-Family
779
Businesses
197
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Bonnee Duncan • D.R. Horton Realty Of Louisian
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025009678
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.