Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$449,900

For Sale - Active
2437 Fiero St, Baton Rouge, LA 70808
3 Beds
3 Baths
2,440 Square Feet
0.09 Acres Lot
Built in 2012
For Sale - Active
Units n/a
Checked: 22 hours ago
Updated: Jul 22, 2025 at 08:49AM

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
$79
Cap Rate
5.9%
Cash-on-Cash Return
0.9%
Debt Coverage Ratio
1.04
Internal Rate of Return (5 years)
4.9%

Property Description


0.09 Acres Lot
Built in 2012
For Sale - Active
Units n/a

Discover the perfect blend of comfort, convenience, and low-maintenance living in this beautifully maintained detached single-family home, just a short stroll from the University Lakes. Built in 2012 and recently updated with a brand-new roof (2024), this rare 3-bedroom + office, 3-full-bath home offers thoughtful design and modern amenities throughout. Step through the private gated courtyard—ideal for entertaining—into a spacious open-concept living area featuring a cozy fireplace, wood floors, and abundant natural light. The kitchen boasts granite countertops, a gas cooktop, stainless steel appliances, and generous cabinet space, all seamlessly connected to a large dining area. A primary downstairs bedroom with an en-suite bath and a dedicated office/flex room with a walk-in closet add versatility and function. Upstairs, the another luxurious primary suite includes a private balcony, a spa-like bath with separate tub and shower, and an oversized walk-in closet. The third bedroom also has its own private bath, while a convenient upstairs wet bar with sink and beverage cooler provides the perfect setup for relaxing or entertaining without going downstairs. With balconies overlooking the peaceful center courtyard, a two-car front-load garage with ample storage, and an unbeatable location close to LSU, restaurants, and shopping—this home is truly a rare find.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: 2 Cars Park, Garage, Garage Door Opener
  • Details: Garage
  • Garage Spaces: 0
  • Spaces Total: 2

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.0

Interior Features

  • # of Stories: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Slab
  • Roof Material: Shingle

Land Information

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

Lot Information

  • Parcel ID: 2466325
  • Lot Size: 3920 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 2012

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:
Josh McKay
RE/MAX Professional
(225) 615-7755

Source:
Greater Baton Rouge Association of REALTORS
MLS#: 2025010551
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
$79
Cap Rate
5.9%
Cash-on-Cash Return
0.9%
Debt Coverage Ratio
1.04
Internal Rate of Return (5 years)
4.9%

Purchase Details

Find an Agent

Purchase price:
$449,900
Amount financed:
-$359,920
Down payment:
$89,980
Closing costs:
$13,497
Rehab costs:
$0
Initial cash invested:
$103,477
Square feet:
2,440
Cost per square foot:
$184
Monthly rent per square foot:
$1.31

Financing Details

Find a Lender

Loan amount:
$359,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$2,129
Property tax:
$0
Insurance:
$224
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,353

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$3,200 $38,400
Vacancy loss: (6%)
6% -$192 -$2,304
Operating income:
$3,008 $36,096

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/an/an/a
Insurance: (7%)
7%-$224-$2,688
Property management: (8%)
8%-$256-$3,072
Repairs & maintenance: (5%)
5%-$160-$1,920
Capital expenditures: (5%)
5%-$160-$1,920
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (25%)
25%-$800-$9,600

Cash Flow


Monthly Yearly
Net operating income:
$2,208 $26,496
Mortgage payments:
-$2,129 -$25,548
Cash flow:
$79 $948