947 Grebe St UNIT 8Baton RougeLA70807
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
Investment Highlights
Rental property for sale in Baton Rouge at 947 Grebe St UNIT 8, Baton Rouge, LA, 70807 generates $630/mo in rent, after a $3,671/mo payment. Total monthly income is $630/mo. Return on cash invested sits at 0.53% in year one, and rental yield is 1.01% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $630/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70807, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,841 (100%) |
| Owner Occupied HU | 2,696 (39.4%) |
| Renter Occupied HU | 3,036 (44.4%) |
| Vacant Housing Units | 1,109 (16.2%) |
| Median Home Value | $124,912 |
| Average Home Value | $172,074 |
Housing Distribution
Address Breakdown
Residential
6,061
Single Family
4,818
Multi-Family
1,243
Businesses
396
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Nearby investment properties with comparable prices
Listed by: Julia Johnson • Ideal Real Estate & Property Management LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024009534
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.