868 Glenmore AveBaton RougeLA70806
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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 868 Glenmore Ave, Baton Rouge, LA, 70806 generates $2,504/mo in rent and, after a $1,747/mo payment, leaves $293/mo in cash flow. Total monthly income is $2,504/mo, and annual cash flow is $3,516/yr on $118,312 invested. Return on cash invested sits at 22.88% in year one, and rental yield is 8.42% on a $356,900 entry. Equity gained on principal adds $2,303/yr, while 5% annual appreciation builds toward $98,605 over five years. Five-year ROI reaches 118.82% and total cumulative return in cash sums $140,576. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,504/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
4,800 sqft 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 |
Housing Distribution
Address Breakdown
Residential
14,473
Single Family
9,243
Multi-Family
5,230
Businesses
2,068
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