Hammond Plan, Pelican LakesBaton RougeLA70820
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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 Hammond Plan, Pelican Lakes, Baton Rouge, LA, 70820 priced at $306,900 pairs $2,682/mo rent with $781/mo cash flow after a $1,502/mo payment. Total monthly income equals $2,682/mo, and annual cash flow comes to $9,372/yr on $101,737 invested. Return on cash invested is 29.12% in year one, and rental yield stands at 10.49% on a $306,900 basis. Equity gained on principal adds $1,980/yr, and 5% annual appreciation accumulates to $84,791 by year five. Five-year ROI measures 152.3% and total cumulative return in cash reaches $154,950. For financing, Ziffy Mortgage’s DSCR program evaluates $2,682/mo property income against a $1,502/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70820, Baton Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,972 (100%) |
| Owner Occupied HU | 2,939 (24.5%) |
| Renter Occupied HU | 7,071 (59.1%) |
| Vacant Housing Units | 1,962 (16.4%) |
| Median Home Value | $331,138 |
| Average Home Value | $374,006 |
Housing Distribution
Address Breakdown
Residential
11,882
Single Family
6,471
Multi-Family
5,411
Businesses
253
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A