1015 Michael Dr, Deridder, LA, 70634 | 7.33% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Deridder at 1015 Michael Dr, Deridder, LA, 70634 offers a 7.33% rental yield on a $420,000 purchase with $2,566/mo rent. 6% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 101.18% and total cumulative return in cash at $140,875. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,566/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

0.33 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