2113 Melon StDeridderLA70634
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 2113 Melon St, Deridder, LA, 70634 in Deridder is straightforward: $208,800 in, $1,770/mo in rent, $405/mo out after debt service. The 10.17% gross yield and 1.88 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $57,688 by year five. With $1,923/yr in principal equity, the total cumulative return is projected at $105,596.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 9.5% |
| Monthly Cash Flow | $405 | $350 |
City averages based on Deridder market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,770 |
| Total Monthly Debt Service | $1,282 |
| DSCR Ratio | 1.38x |
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 1978
8,276 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
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 1978
8,276 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tayleigh M. Guciardo • Latter & Blum Signature Real Estate
Mls Name: Greater Fort Polk Area Realtors
Mls Provider:
Mls ID: #31-1034
Disclaimer: Copyright Greater Fort Polk Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.