6757 Myrtlewood DrBaton RougeLA70812
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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
Investment property for sale in Baton Rouge at 6757 Myrtlewood Dr, Baton Rouge, LA, 70812 offers a 9.59% rental yield on a $120,000 purchase with $959/mo rent. Total monthly income registers $959/mo, and a $587/mo payment leaves $216/mo available for distribution. Annual cash flow reaches $2,592/yr on $39,780 to close, and return on cash invested stands at 26.42% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 137.76% and total cumulative return in cash at $54,799. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $959/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70812, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,178 (100%) |
| Owner Occupied HU | 2,464 (59.0%) |
| Renter Occupied HU | 1,322 (31.6%) |
| Vacant Housing Units | 392 ( 9.4%) |
| Median Home Value | $162,317 |
| Average Home Value | $257,052 |
Housing Distribution
Address Breakdown
Residential
4,042
Single Family
3,762
Multi-Family
280
Businesses
61
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Listed by: Brandon Baird • Keyfinders Team Realty
Mls Name: ROAM MLS
Mls ID: #2025019620