818 Costello LnBaton RougeLA70802
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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 818 Costello Ln, Baton Rouge, LA, 70802 with 5% annual appreciation on a $289,000 basis while $1,933/mo rent supports operations. Total monthly income totals $1,933/mo and a $1,415/mo payment preserves $142/mo for cash returns. Annual cash flow comes to $1,708/yr on $95,804 deployed, and return on cash invested reaches 21.69% in year one. Equity gained on principal adds $1,865/yr, and five-year appreciation sums $79,845 alongside rental yield of 8.03%. Five-year ROI measures 112.45% and total cumulative return in cash totals $107,726.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,933/mo property income versus a $1,415/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70802, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,046 (100%) |
| Owner Occupied HU | 3,588 (25.5%) |
| Renter Occupied HU | 7,574 (53.9%) |
| Vacant Housing Units | 2,884 (20.5%) |
| Median Home Value | $114,919 |
| Average Home Value | $249,520 |
Housing Distribution
Address Breakdown
Residential
11,643
Single Family
8,942
Multi-Family
2,701
Businesses
1,085
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Listed by: Kevin Phillips • Keller Williams Realty-First Choice
Mls Name: ROAM MLS
Mls ID: #2025021191