Property Type: SFR
SFR Townhomes 1500 sq ft 3 bed 2.5 bath Master down, with 2 car garage, granite counter tops, stainless appliances, hardwood LT flooring, combination of brick and hardie board exterior, with a fashionable metal roof.
1445 Arcadia Dr
Baton Rouge, LA 70808
|Hyacinth, Baton Rouge,LA||CAP Rate Proforma Estimate|
|1500sq ft town home|
|Baton Rouge Parish Property Taxes|
|rent/month (range $1550-$1595)||$1,595|
|less (monthly)||Purchase Price|
|P. Managment 6%||-95.70||monthly tax||$186.92|
|Net 12 month net rent||$14,069|
|rental income %||6.40%|
According to ABODO Baton Rouge has seen an 8.6% rise in rents.
Other areas of the country are seeing large increases, with ABODO noting that rents jumped 8.6% in January in Baton Rouge, LA, which drove the average one-bedroom rent price up to $942, while rents in Reno, NV, increased 5.4% and San Antonio, TX, saw a 3.4% rise. ABODO added, however, that significant declines in places like El Paso, TX, Cincinnati and Buffalo, NY, offset the rent rises in other cities, resulting in a drop in the national average one-bedroom rent price of 1.35% in January.
Low taxes, high rents and a housing shortage make Baton Rouge an excellent market for rentals.
Baton Rouge leads the US Cities on Construction, extraction jobs.
When it comes to construction and extraction (C&E) job opportunities, Baton Rouge, LA, is the place to be, according to apartment listing and research company Abodo’s latest Cost and Opportunity ranking, with the most industry positions (99.5) per 1,000 jobs in the country.
Fortune 500 company to double its presence in Baton Rouge.
Fastest growing Parishes in Southeast LA, Livingston is number 2 (location of Carter Plantation)
Best Poise areas for Population Growth (Estero’s locations are in the brown and red areas)
Economic Outlook for 2017
Baton Rouge residential real estate is a seller’s market
Suburban Growth: Families and businesses moving into fast growing Ascension and Livingston parishes
Parish Statistics (we are currently in West Baton Rouge and Livingston Parish, suburbs of Baton Rouge, notice the population growth for these areas. They’re well above the national average of .7%).
Baton Rouge is pushing for growth with tax cuts and other incentives.
3 Fortune 500 companies.
9.4 Billion dollar plant to be built in the Baton Rouge area.
Baton Rouge enjoys High Occupancy rates Ranked #2
Baton Rouge has a serious inventory problem.
Baton Rouge Economy seeing continued Growth.