1711 Charlotte 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 1711 Charlotte Dr, Deridder, LA, 70634 listed at $294,900 pairs $2,327/mo rent with a $1,443/mo payment to leave $501/mo cash flow. Total monthly income runs $2,327/mo, and annual cash flow reaches $6,008/yr on $97,759 cash to close. Return on cash invested measures 26.05% in year one, and rental yield registers 9.47% at a $294,900 basis. Equity gained on principal adds $1,903/yr, and annual property appreciation at 5% supports $81,475 by year five. Five-year ROI tracks 135.81% and total cumulative return in cash totals $132,763. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,327/mo property income relative to a $1,443/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.55 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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Listed by: Joe Williamson • EXIT Real Estate Consultants
Mls Name: Greater Southern MLS
Mls ID: #SWL24006938
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.