8912 Alma DrBaton RougeLA70809
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 8912 Alma Dr, Baton Rouge, LA, 70809 in Baton Rouge, $215,000, 8.41% gross yield, $175/mo net income. Consider it a market-entry position, the $1,507/mo rent covers the $967/mo payment with a margin, and 5%/yr appreciation is projected to add $59,401 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.56) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $92,812.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 7.2% |
| Monthly Cash Flow | $175 | $450 |
City averages based on Baton Rouge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,507 |
| Total Monthly Debt Service | $1,246 |
| DSCR Ratio | 1.21x |
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.
Single Family
Built in 1974
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70809, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,930 (100%) |
| Owner Occupied HU | 6,684 (48.0%) |
| Renter Occupied HU | 5,604 (40.2%) |
| Vacant Housing Units | 1,642 (11.8%) |
| Median Home Value | $367,623 |
| Average Home Value | $464,254 |
Housing Distribution
Address Breakdown
Residential
13,301
Single Family
8,252
Multi-Family
5,049
Businesses
2,502
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
Single Family
Built in 1974
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70809, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,930 (100%) |
| Owner Occupied HU | 6,684 (48.0%) |
| Renter Occupied HU | 5,604 (40.2%) |
| Vacant Housing Units | 1,642 (11.8%) |
| Median Home Value | $367,623 |
| Average Home Value | $464,254 |
Housing Distribution
Address Breakdown
Residential
13,301
Single Family
8,252
Multi-Family
5,049
Businesses
2,502
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Mabry • Keller Williams Realty-First Choice
Mls Name: ROAM MLS
Mls ID: #2025019111