7548 Boyce DrBaton RougeLA70809
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 7548 Boyce Dr, Baton Rouge, LA, 70809 priced at $1,249,000 pairs $960/mo rent with after a $6,113/mo payment. Total monthly income equals $960/mo. Return on cash invested is 0.27% in year one, and rental yield stands at 0.92% on a $1,249,000 basis. Equity gained on principal adds $8,060/yr, and 5% annual appreciation accumulates to $345,076 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $960/mo property income against a $6,113/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70809, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,930 (100%) |
| Owner Occupied HU | 6,684 (48.0%) |
| Renter Occupied HU | 5,604 (40.2%) |
| Vacant Housing Units | 1,642 (11.8%) |
| Median Home Value | $367,623 |
| Average Home Value | $464,254 |
Housing Distribution
Address Breakdown
Residential
13,301
Single Family
8,252
Multi-Family
5,049
Businesses
2,502
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Meg Thomassie • Latter & Blum - Perkins
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024018551
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. Copyright 2024 ROAM MLS.