1091 Gage DrDeridderLA70634
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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
Investment Highlights
Investment property for sale in Deridder at 1091 Gage Dr, Deridder, LA, 70634 uses $102,400 cash to close to unlock $2,981/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $2,162/mo, and a $1,512/mo payment keeps the spread at $248/mo. Purchase price stands at $308,900, and rental yield measures 8.4% with $2,162/mo rent. Return on cash invested shows 22.82% in year one, and 5% annual appreciation builds toward $85,343 over five years. Five-year ROI reaches 118.49% and total cumulative return in cash records $121,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,162/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 2006
1.46 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 |
Housing Distribution
Address Breakdown
Residential
10,609
Single Family
10,424
Multi-Family
185
Businesses
889
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