710 E Boyd Dr APT 1106Baton RougeLA70808
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 710 E Boyd Dr APT 1106, Baton Rouge, LA, 70808 in Baton Rouge achieves 1.78, rent of $1,344/mo covers the $753/mo payment 1.5x over at $167,500. Rental yield 9.63%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $46,277 over five years, with $1,543/yr in principal reduction bringing total projected return to $66,787.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 7.2% |
| Monthly Cash Flow | $(34) | $450 |
City averages based on Baton Rouge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,344 |
| Total Monthly Debt Service | $1,246 |
| DSCR Ratio | 1.08x |
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.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70808, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,977 (100%) |
| Owner Occupied HU | 8,297 (46.2%) |
| Renter Occupied HU | 7,122 (39.6%) |
| Vacant Housing Units | 2,558 (14.2%) |
| Median Home Value | $427,368 |
| Average Home Value | $508,352 |
Housing Distribution
Address Breakdown
Residential
16,843
Single Family
11,058
Multi-Family
5,785
Businesses
1,225
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
Townhouse
Built in N/A
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70808, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,977 (100%) |
| Owner Occupied HU | 8,297 (46.2%) |
| Renter Occupied HU | 7,122 (39.6%) |
| Vacant Housing Units | 2,558 (14.2%) |
| Median Home Value | $427,368 |
| Average Home Value | $508,352 |
Housing Distribution
Address Breakdown
Residential
16,843
Single Family
11,058
Multi-Family
5,785
Businesses
1,225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anna Ward • Reliance Real Estate Group
Mls Name: RAA
Mls Provider:
Mls ID: #24006990
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' 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 deemed reliable, but not guaranteed accurate. Data last updated 2024-02-12 10:51:22 PST