1615 Ernest 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 1615 Ernest Dr, Deridder, LA, 70634 with 5% annual appreciation on a $299,000 basis while $2,082/mo rent supports operations. Total monthly income totals $2,082/mo and a $1,463/mo payment preserves $230/mo for cash returns. Annual cash flow comes to $2,764/yr on $99,119 deployed, and return on cash invested reaches 22.7% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 8.36%. Five-year ROI measures 117.82% and total cumulative return in cash totals $116,782.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,082/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
0.77 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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