6017 Hickory Ridge BlvdBaton RougeLA70817
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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 6017 Hickory Ridge Blvd, Baton Rouge, LA, 70817 offers $3,000/mo rent that, after a $1,857/mo payment, leaves $650/mo cash flow. Total monthly income is $3,000/mo, and annual cash flow is $7,796/yr on $125,804 cash. Return on cash invested measures 26.11% in year one, and rental yield stands at 9.49% at a $379,500 entry. Equity gained on principal adds $2,449/yr while 5% annual appreciation compounds into $104,849 by year five. Five-year ROI records 136.09% and total cumulative return in cash reaches $171,204. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,000/mo property income versus a $1,857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70817, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,335 (100%) |
| Owner Occupied HU | 11,804 (72.3%) |
| Renter Occupied HU | 3,307 (20.2%) |
| Vacant Housing Units | 1,224 ( 7.5%) |
| Median Home Value | $313,257 |
| Average Home Value | $357,101 |
Housing Distribution
Address Breakdown
Residential
16,033
Single Family
13,991
Multi-Family
2,042
Businesses
818
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Listed by: Shannon Andre' Dewey • Better Homes and Gardens Real Estate - Tiger Town BR
Mls Name: ROAM MLS
Mls ID: #2025008585