5820 Glen Cove DrBaton RougeLA70809
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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 5820 Glen Cove Dr, Baton Rouge, LA, 70809 listed at $314,000 pairs $2,160/mo rent with a $1,537/mo payment to leave $215/mo cash flow. Total monthly income runs $2,160/mo, and annual cash flow reaches $2,578/yr on $104,091 cash to close. Return on cash invested measures 22.39% in year one, and rental yield registers 8.25% at a $314,000 basis. Equity gained on principal adds $2,026/yr, and annual property appreciation at 5% supports $86,752 by year five. Five-year ROI tracks 116.14% and total cumulative return in cash totals $120,891. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $1,537/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70809, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,930 (100%) |
| Owner Occupied HU | 6,684 (48.0%) |
| Renter Occupied HU | 5,604 (40.2%) |
| Vacant Housing Units | 1,642 (11.8%) |
| Median Home Value | $367,623 |
| Average Home Value | $464,254 |
Housing Distribution
Address Breakdown
Residential
13,301
Single Family
8,252
Multi-Family
5,049
Businesses
2,502
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Listed by: Juli Jenkins • Keller Williams Realty-First Choice
Mls Name: ROAM MLS
Mls ID: #2025021257