818 Meadow Bend Dr APT DBaton RougeLA70820
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 818 Meadow Bend Dr APT D, Baton Rouge, LA, 70820 in Baton Rouge. At $137,737 it earns $1,189/mo in rent and distributes $211/mo to the owner after the $619/mo payment, a consistent 10.36% yield. DSCR 1.92 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $38,054 in value; $1,269/yr in principal paydown compounds ownership stake. Total projected return: $66,361.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 7.2% |
| Monthly Cash Flow | $211 | $450 |
City averages based on Baton Rouge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,189 |
| Total Monthly Debt Service | $923 |
| DSCR Ratio | 1.29x |
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.
Condo
Built in 2008
N/A lot
$N/A/sqft
$1,500 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
Condo
Built in 2008
N/A lot
$N/A/sqft
$1,500 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: Theresa Thibodeaux • Dawson Grey Real Estate
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024013243
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 2025 ROAM MLS.