651 Laurel StBaton RougeLA70801
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 651 Laurel St, Baton Rouge, LA, 70801 generates $1,554/mo in rent, after a $1,956/mo payment. Total monthly income is $1,554/mo. Return on cash invested sits at 11.56% in year one, and rental yield is 4.67% on a $399,555 entry. Equity gained on principal adds $2,578/yr, while 5% annual appreciation builds toward $110,390 over five years. Five-year ROI reaches 58.09% and total cumulative return in cash sums $76,940. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,554/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70801, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 293 (100%) |
| Owner Occupied HU | 22 ( 7.5%) |
| Renter Occupied HU | 230 (78.5%) |
| Vacant Housing Units | 41 (14.0%) |
| Median Home Value | $310,000 |
| Average Home Value | $373,636 |
Housing Distribution
Address Breakdown
Residential
188
Single Family
25
Multi-Family
163
Businesses
351
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristan Fletcher • Peak Properties, LLC
Mls Name: ROAM MLS
Mls ID: #2025020132