7640 Lasalle Ave APT 405Baton RougeLA70806
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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
Investment property for sale in Baton Rouge at 7640 Lasalle Ave APT 405, Baton Rouge, LA, 70806 offers a 11.62% rental yield on a $195,000 purchase with $1,889/mo rent. Total monthly income registers $1,889/mo, and a $954/mo payment leaves $682/mo available for distribution. Annual cash flow reaches $8,178/yr on $64,643 to close, and return on cash invested stands at 32.56% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 170.73% and total cumulative return in cash at $110,362. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,889/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
1,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70806, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,861 (100%) |
| Owner Occupied HU | 5,561 (37.4%) |
| Renter Occupied HU | 7,320 (49.3%) |
| Vacant Housing Units | 1,980 (13.3%) |
| Median Home Value | $337,531 |
| Average Home Value | $398,844 |
Housing Distribution
Address Breakdown
Residential
14,473
Single Family
9,243
Multi-Family
5,230
Businesses
2,068
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Listed by: Ann Mullins • Compass - Perkins
Mls Name: ROAM MLS
Mls ID: #2025017320