6346 Ritterman AveBaton RougeLA70805
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
Investment Highlights
Rental property for sale in Baton Rouge at 6346 Ritterman Ave, Baton Rouge, LA, 70805 priced at $145,000 converts $1,118/mo rent into $220/mo cash flow after a $710/mo obligation. Total monthly income equals $1,118/mo, and annual cash flow totals $2,634/yr on $48,068 invested. Return on cash invested prints 25.39% in year one, and rental yield reads 9.25% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 132.31% and total cumulative return in cash sums $63,596. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,118/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 1960
4,356 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shane Hernandez • Kaizen Home Sales and Services, LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025000891
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.