1002 Herman Smith Rd, Deridder, LA, 70634 | 6.12% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
2835 sft

2125 Us Highway 190, Deridder, LA, 70634

3 Bed
2 Bath
1680 sft

1305 Broad St, Deridder, LA, 70634

3 Bed
1 Bath
880 sft

1402 Aaron Ave, Leesville, LA, 71446

2 Bed
2 Bath
1231 sft

1125 Willow St, Deridder, LA, 70634

Nearby investment properties with comparable prices

5 Bed
3 Bath
2950 sft

801 Rock St, Deridder, LA, 70634

2 Bed
1 Bath
957 sft

471 Myers Ln, Deridder, LA, 70634

Airbnb Potential+ 1 more

2 Bed
2 Bath
1210 sft

120 Vacation Ln, Deridder, LA, 70634

4 Bed
2 Bath
1300 sft

904 Cook Dr, Deridder, LA, 70634

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Total monthly income runs $979/mo, and a $940/mo payment. Purchase price stands at $192,000, and rental yield measures 6.12% with $979/mo rent. Return on cash invested shows 15.94% in year one, and 5% annual appreciation builds toward $53,046 over five years. Five-year ROI reaches 81.59% and total cumulative return in cash records $51,928. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $979/mo property income covering a $940/mo payment rather than investor’s personal income.

Single Family

Built in N/A

1.86 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70634, Deridder, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,625 (100%)
Owner Occupied HU	7,821 (67.3%)
Renter Occupied HU	2,335 (20.1%)
Vacant Housing Units	1,469 (12.6%)
Median Home Value	$173,938
Average Home Value	$211,850