617 Carriage WayBaton RougeLA70808
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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 617 Carriage Way, Baton Rouge, LA, 70808 with 5% annual appreciation on a $264,900 basis while $1,834/mo rent supports operations. Total monthly income totals $1,834/mo and a $1,297/mo payment preserves $193/mo for cash returns. Annual cash flow comes to $2,312/yr on $87,814 deployed, and return on cash invested reaches 22.54% in year one. Equity gained on principal adds $1,709/yr, and five-year appreciation sums $73,187 alongside rental yield of 8.31%. Five-year ROI measures 116.98% and total cumulative return in cash totals $102,728.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,834/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70808, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,977 (100%) |
| Owner Occupied HU | 8,297 (46.2%) |
| Renter Occupied HU | 7,122 (39.6%) |
| Vacant Housing Units | 2,558 (14.2%) |
| Median Home Value | $427,368 |
| Average Home Value | $508,352 |
Housing Distribution
Address Breakdown
Residential
16,843
Single Family
11,058
Multi-Family
5,785
Businesses
1,225
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Listed by: Stephanie Clarke • Summit Realtors, LLC
Mls Name: ROAM MLS
Mls ID: #2025019343