Subject-To
Take Over Existing Mortgage — Single Family in Baton Rouge, LA
3899 Scenic Hwy, Baton Rouge, LA · Listed Jan 2025
Property typeMultifamily
Units4
Beds / baths6 / 2
Living area2,612 sqft
Lot0.32 acres
Year built1975
About this deal
Take over the seller's existing mortgage on this single-family home in Baton Rouge, LA. 3 beds, 2.0 baths, 1,936 sq ft, built 1936. No new loan required — ideal for investors experienced with subject-to acquisitions.
The numbers
- Cap rate
- 7%
- Net operating income
- $24,120/yr
- Cash flow
- +$2,010/mo
- Occupancy
- 3 of 4 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.
Who can make an offer
The seller only takes offers from buyers who meet these requirements.
- Intermediate credibility level or higher