196 Norwood Hickman RdDeridderLA70634
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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 196 Norwood Hickman Rd, Deridder, LA, 70634 earns from $1,562/mo rent with a $1,478/mo payment. Total monthly income totals $1,562/mo. ROI tracks 16.21% on current figures, and rental yield reads 6.21% at a $302,000 purchase. Equity gained on principal adds $1,949/yr, and 5% annual appreciation supports $83,437 over five years. Five-year ROI reaches 83.03% and total cumulative return in cash sums $83,128. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,562/mo property income instead of your personal income.
Single Family
Built in N/A
21 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: Katlyn L Morrow • Latter & Blum Signature Real Estate
Mls Name: Greater Fort Polk Area Realtors
Mls Provider:
Mls ID: #31-1019
Disclaimer: Copyright Greater Fort Polk Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.