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$249,000

For Sale - Active
9492 Wesson St, Baton Rouge, LA 70809
4 Beds
2 Baths
2,627 Square Feet
0.78 Acres Lot
Built in 1974
For Sale - Active
Units n/a
Checked: 7 hours ago
Updated: Jun 04, 2025 at 03:09AM

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
$202
Cap Rate
6.7%
Cash-on-Cash Return
4.2%
Debt Coverage Ratio
1.17
Internal Rate of Return (5 years)
8.1%

Property Description


0.78 Acres Lot
Built in 1974
For Sale - Active
Units n/a

Don’t miss the Open House this Sunday from 2–4 PM! Plus, the sellers are offering a $5,000 closing cost allowance to make your move even smoother. Come explore this beautiful 4-bedroom, 2-bath home with a versatile bonus room and over 2,600 sq ft of living space—nestled on nearly an acre in the heart of Baton Rouge. Step inside to discover fresh exterior paint and brand-new carpet throughout! The open-concept layout is perfect for both everyday living and entertaining, with a seamless flow between the living, dining, and kitchen areas—all bathed in natural light thanks to large windows that create a warm, welcoming atmosphere. The kitchen offers abundant cabinet and counter space, ideal for meal prep, hosting, or casual dining. The four spacious bedrooms and bonus room provide flexibility for your lifestyle—whether you need a home office, guest room, playroom, or creative studio. Both bathrooms are stylish and functional, and the home is located in an X flood zone for added peace of mind. Outside, the nearly one-acre lot offers endless possibilities—garden, gather, play, or expand your vision. All of this just minutes from Baton Rouge’s top shopping, dining, and entertainment.

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Location


Property Details


Parking

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

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

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

Interior Features

  • # of Stories: 2

Exterior Features

  • Foundation: Slab
  • Roof Material: Composition

Land Information

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

Lot Information

  • Parcel ID: 500828
  • Lot Size: 33976 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 1974

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:
Whitney Jones
Epique Realty
(888) 893-3537

Source:
Greater Baton Rouge Association of REALTORS
MLS#: 2024016933
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
$202
Cap Rate
6.7%
Cash-on-Cash Return
4.2%
Debt Coverage Ratio
1.17
Internal Rate of Return (5 years)
8.1%

Purchase Details

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Purchase price:
$249,000
Amount financed:
-$199,200
Down payment:
$49,800
Closing costs:
$7,470
Rehab costs:
$0
Initial cash invested:
$57,270
Square feet:
2,627
Cost per square foot:
$95
Monthly rent per square foot:
$0.76

Financing Details

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Loan amount:
$199,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,178
Property tax:
$0
Insurance:
$140
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,318

Operating Income

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% 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:
-$1,178 -$14,136
Cash flow:
$202 $2,424