864 Harvey DrBaton RougeLA70815
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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 864 Harvey Dr, Baton Rouge, LA, 70815 offers $1,452/mo rent that, after a $905/mo payment, leaves $307/mo cash flow. Total monthly income is $1,452/mo, and annual cash flow is $3,678/yr on $61,328 cash. Return on cash invested measures 25.91% in year one, and rental yield stands at 9.42% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 135.04% and total cumulative return in cash reaches $82,815. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,452/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70815, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,216 (100%) |
| Owner Occupied HU | 7,160 (58.6%) |
| Renter Occupied HU | 3,767 (30.8%) |
| Vacant Housing Units | 1,289 (10.6%) |
| Median Home Value | $220,891 |
| Average Home Value | $233,303 |
Housing Distribution
Address Breakdown
Residential
11,554
Single Family
9,385
Multi-Family
2,169
Businesses
1,114
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Listed by: Danny Doan • DKC Realty LLC
Mls Name: ROAM MLS
Mls ID: #2025017696