7248 Perkins Rd APT 208Baton RougeLA70808
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 7248 Perkins Rd APT 208, Baton Rouge, LA, 70808 generates $1,040/mo in rent and, after a $807/mo payment, leaves $19/mo in cash flow. Total monthly income is $1,040/mo, and annual cash flow is $224/yr on $54,664 invested. Return on cash invested sits at 20.32% in year one, and rental yield is 7.57% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 105.05% and total cumulative return in cash sums $57,424. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,040/mo property income rather than buyer’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No 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: Ryan Spencer • Coldwell Banker ONE
Mls Name: ROAM MLS
Mls ID: #2025009112