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$299,500

Sale Pending
2413 Guilford Dr, Baton Rouge, LA 70808
3 Beds
2 Baths
1,894 Square Feet
0.34 Acres Lot
Built in 1975
Sale Pending
Units n/a
Checked: 23 hours ago
Updated: Jul 12, 2025 at 03:08AM

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$37
Cap Rate
5.5%
Cash-on-Cash Return
-0.6%
Debt Coverage Ratio
0.97
Internal Rate of Return (5 years)
3.4%

Property Description


0.34 Acres Lot
Built in 1975
Sale Pending
Units n/a

Your Dream Awaits in Concord Estates! Welcome to this captivating and spacious residence, perfectly situated on a generous corner lot in the highly sought-after Concord Estates community. This home truly feels like a haven, offering ample space for your family to relax and thrive in a well-established neighborhood. Enjoy the convenience of paved sidewalks, a community park with a walking trail, and a pet-friendly environment. Ideally located just minutes from College Drive, LSU, and a variety of dining and shopping options, this home also provides easy access to I-10 for seamless commuting. As you step inside, you will be greeted by 1,894 square feet of thoughtfully designed living space featuring 3 bedrooms and 2 baths. The expansive front and back yards create perfect opportunities for outdoor activities, while the welcoming covered patio invites you to gather with friends and family. The stunning curb appeal is enhanced by a beautiful oak tree and recent updates include fresh paint inside and out. The chef’s kitchen is a true highlight, complete with stylish white cabinets adorned with new gold hardware, elegant granite countertops, and an under-mount sink, stainless steel appliances including a five-burner gas cooktop and built-in microwave, the kitchen also features a spacious island with a breakfast bar and a separate pantry for ample storage. The open concept design seamlessly connects the kitchen and dining area to the living room, making it an ideal space for entertaining. The living room boasts a gas wood-burning fireplace with brick surround and built-ins. The master suite features two closets and an en suite bathroom for added convenience. Two additional spacious bedrooms share a large bathroom with double sinks. The laundry room is equipped with a sink, cabinets, and additional storage options and the fully fenced private backyard offers a serene escape for relaxation and enjoyment. This home is truly an entertainer’s dream! Schedule your showing!

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Location


Property Details


Parking

  • Description: Driveway, Garage
  • Details: Garage, Driveway
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Slab
  • Roof Material: Shingle

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 554073
  • Lot Size: 14810 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 1975

Tax Information

  • Annual Tax: $0

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

Location

  • County: East Baton Rouge Parish

Listing Details


Listed by:
Liz Aucoin
Compass - Perkins
(225) 769-1500

Source:
Greater Baton Rouge Association of REALTORS
MLS#: 2025010549
Greater Baton Rouge Association of REALTORS

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$37
Cap Rate
5.5%
Cash-on-Cash Return
-0.6%
Debt Coverage Ratio
0.97
Internal Rate of Return (5 years)
3.4%

Purchase Details

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Purchase price:
$299,500
Amount financed:
-$239,600
Down payment:
$59,900
Closing costs:
$8,985
Rehab costs:
$0
Initial cash invested:
$68,885
Square feet:
1,894
Cost per square foot:
$158
Monthly rent per square foot:
$1.06

Financing Details

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Loan amount:
$239,600
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,417
Property tax:
$0
Insurance:
$140
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,557

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,000 $24,000
Vacancy loss: (6%)
6% -$120 -$1,440
Operating income:
$1,880 $22,560

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/an/an/a
Insurance: (7%)
7%-$140-$1,680
Property management: (8%)
8%-$160-$1,920
Repairs & maintenance: (5%)
5%-$100-$1,200
Capital expenditures: (5%)
5%-$100-$1,200
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (25%)
25%-$500-$6,000

Cash Flow


Monthly Yearly
Net operating income:
$1,380 $16,560
Mortgage payments:
-$1,417 -$17,004
Cash flow:
$37 $444