968 Ridgepoint CtBaton RougeLA70810
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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 968 Ridgepoint Ct, Baton Rouge, LA, 70810 priced at $150,000 converts $1,148/mo rent into $219/mo cash flow after a $734/mo obligation. Total monthly income equals $1,148/mo, and annual cash flow totals $2,628/yr on $49,725 invested. Return on cash invested prints 25.19% in year one, and rental yield reads 9.18% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 131.17% and total cumulative return in cash sums $65,226. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,148/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70810, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,349 (100%) |
| Owner Occupied HU | 12,543 (61.6%) |
| Renter Occupied HU | 5,721 (28.1%) |
| Vacant Housing Units | 2,085 (10.2%) |
| Median Home Value | $375,292 |
| Average Home Value | $472,357 |
Housing Distribution
Address Breakdown
Residential
19,853
Single Family
16,834
Multi-Family
3,019
Businesses
1,152
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Listed by: Sara Hart • Engel & Vlkers Baton Rouge
Mls Name: Engel & Volkers
Mls Provider:
Mls ID: #2025000718