118 S Division StDeridderLA70634
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Nearby investment properties with comparable prices
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
Rental property for sale in Deridder at 118 S Division St, Deridder, LA, 70634 offers $1,297/mo rent that, after a $881/mo payment, leaves $182/mo cash flow. Total monthly income is $1,297/mo, and annual cash flow is $2,186/yr on $59,637 cash. Return on cash invested measures 23.57% in year one, and rental yield stands at 8.65% at a $179,900 entry. Equity gained on principal adds $1,161/yr while 5% annual appreciation compounds into $49,703 by year five. Five-year ROI records 122.56% and total cumulative return in cash reaches $73,089. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,297/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.32 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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Nearby investment properties with comparable prices
