8003 Derick AveBaton RougeLA70820
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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
Rental property for sale in Baton Rouge at 8003 Derick Ave, Baton Rouge, LA, 70820 generates $2,091/mo in rent and, after a $1,443/mo payment, leaves $216/mo in cash flow. Total monthly income is $2,091/mo, and annual cash flow is $2,591/yr on $97,759 invested. Return on cash invested sits at 22.56% in year one, and rental yield is 8.51% on a $294,900 entry. Equity gained on principal adds $1,903/yr, while 5% annual appreciation builds toward $81,475 over five years. Five-year ROI reaches 117.26% and total cumulative return in cash sums $114,631. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,091/mo property income rather than buyer’s personal income.
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
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Listed by: Melissa Duncan • D.R.Horton Realty of Louisiana
Mls Name: GSREIN
Mls Provider:
Mls ID: #2462018
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