5605 Lancaster AveBaton RougeLA70805
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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
Investment property for sale in Baton Rouge at 5605 Lancaster Ave, Baton Rouge, LA, 70805 uses $39,614 cash to close to unlock $2,180/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $922/mo, and a $585/mo payment keeps the spread at $182/mo. Purchase price stands at $119,500, and rental yield measures 9.26% with $922/mo rent. Return on cash invested shows 25.41% in year one, and 5% annual appreciation builds toward $33,016 over five years. Five-year ROI reaches 132.39% and total cumulative return in cash records $52,446. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $922/mo property income covering a $585/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,840 sqft 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: Matt Noel • Coldwell Banker ONE
Mls Name: ROAM MLS
Mls ID: #2026001151