1668 Ernest DrDeridderLA70634
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1668 Ernest Dr, Deridder, LA, 70634 in Deridder is a solid income-producing rental, 9.21% gross yield, $1,877/mo rent, $353/mo net cash flow on a $255,000 buy. DSCR 1.64 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $70,452 and $2,349/yr in principal reduction project a total cumulative return of $114,347.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 9.5% |
| Monthly Cash Flow | $353 | $350 |
City averages based on Deridder market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,877 |
| Total Monthly Debt Service | $1,503 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1989
0.57 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
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
Single Family
Built in 1989
0.57 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amber Morrow • Era Sarver Real Estate, Inc.
Mls Name: Greater Southern MLS
Mls ID: #SWL25002383
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.