6815 Calumet StBaton 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 6815 Calumet St, Baton Rouge, LA, 70805 offers $1,156/mo rent that, after a $967/mo payment. Total monthly income is $1,156/mo. Return on cash invested measures 18.67% in year one, and rental yield stands at 7.02% at a $197,500 entry. Equity gained on principal adds $1,274/yr while 5% annual appreciation compounds into $54,566 by year five. Five-year ROI records 96.25% and total cumulative return in cash reaches $63,015. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,156/mo property income versus a $967/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
9,539 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: Martine Washington • LEONE GNO REALTY LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2499651
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.