8003 Derick AveBaton RougeLA70820
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 8003 Derick Ave, Baton Rouge, LA, 70820 in Baton Rouge is listed at $294,900 and delivers $2,091/mo in rent and $215/mo in net monthly cash flow. The 8.51% yield and 1.58 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 $81,475 over five years, and $2,716/yr in principal reduction supplements cash return. Total projected cumulative return: $125,901.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 7.2% |
| Monthly Cash Flow | $215 | $450 |
City averages based on Baton Rouge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,091 |
| Total Monthly Debt Service | $1,758 |
| DSCR Ratio | 1.19x |
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 2024
5,432 sqft lot
$N/A/sqft
$585 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70820, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,972 (100%) |
| Owner Occupied HU | 2,939 (24.5%) |
| Renter Occupied HU | 7,071 (59.1%) |
| Vacant Housing Units | 1,962 (16.4%) |
| Median Home Value | $331,138 |
| Average Home Value | $374,006 |
Housing Distribution
Address Breakdown
Residential
11,882
Single Family
6,471
Multi-Family
5,411
Businesses
253
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 2024
5,432 sqft lot
$N/A/sqft
$585 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70820, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,972 (100%) |
| Owner Occupied HU | 2,939 (24.5%) |
| Renter Occupied HU | 7,071 (59.1%) |
| Vacant Housing Units | 1,962 (16.4%) |
| Median Home Value | $331,138 |
| Average Home Value | $374,006 |
Housing Distribution
Address Breakdown
Residential
11,882
Single Family
6,471
Multi-Family
5,411
Businesses
253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Duncan • D.R.Horton Realty of Louisiana
Mls Name: GSREIN
Mls Provider:
Mls ID: #2462018
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