1621 Byron DrDeridderLA70634
Nearby investment properties with comparable rents
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
Investment property for sale in Deridder at 1621 Byron Dr, Deridder, LA, 70634 at $174,000 posts ROI 32.43% with $602/mo cash flow from $1,680/mo rent. Total monthly income equals $1,680/mo, and annual cash flow records $7,222/yr on $57,681 to close. Return on cash invested measures 32.43% and rental yield reads 11.59% at the current $174,000. Equity gained on principal adds $1,123/yr, and 5% annual appreciation supports $48,073 by year five. Five-year ROI prints 170.02% and total cumulative return in cash totals $98,069.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,680/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
6,969 sqft 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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