836 Steele Blvd, Baton Rouge, LA, 70806 | 6.2% Rental Yield

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,861/mo, and a $1,762/mo payment. Purchase price stands at $360,000, and rental yield measures 6.2% with $1,861/mo rent. Return on cash invested shows 16.2% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 82.94% and total cumulative return in cash records $98,985. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,861/mo property income covering a $1,762/mo payment rather than investor’s personal income.

Multi Family

Built in N/A

1 Acres 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