6815 Calumet StBaton RougeLA70805
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 6815 Calumet St, Baton Rouge, LA, 70805 in Baton Rouge is listed at $197,500 and delivers $1,156/mo in rent and $359/mo in net monthly cash flow. The 9.62% yield and 1.30 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $54,566 over five years, and $1,819/yr in principal reduction supplements cash return. Total projected cumulative return: $70,602.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 7.2% |
| Monthly Cash Flow | $359 | $450 |
City averages based on Baton Rouge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,156 |
| Total Monthly Debt Service | $1,145 |
| DSCR Ratio | 1.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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.