9124 Old Hammond Hwy APT 7Baton RougeLA70809
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow9124 Old Hammond Hwy APT 7, Baton Rouge, LA, 70809 in Baton Rouge is a solid income-producing rental, 10.79% gross yield, $1,960/mo rent, $334/mo net cash flow on a $218,000 buy. DSCR 2.00 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $60,229 and $2,008/yr in principal reduction project a total cumulative return of $121,938.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 7.2% |
| Monthly Cash Flow | $334 | $450 |
City averages based on Baton Rouge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,960 |
| Total Monthly Debt Service | $1,264 |
| DSCR Ratio | 1.55x |
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 2004
N/A 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
Condo
Built in 2004
N/A 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: N/A • N/A
Mls Name: ROAM MLS
Mls ID: #2026004526