2113 Melon St, Deridder, LA, 70634 | $405/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Deridder at 2113 Melon St, Deridder, LA, 70634 generates $1,770/mo in rent and, after a $1,022/mo payment, leaves $405/mo in cash flow. Total monthly income is $1,770/mo, and annual cash flow is $4,863/yr on $69,217 invested. Return on cash invested sits at 26.93% in year one, and rental yield is 10.17% on a $208,800 entry. Equity gained on principal adds $1,347/yr, while 5% annual appreciation builds toward $57,688 over five years. Five-year ROI reaches 141.02% and total cumulative return in cash sums $97,607. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,770/mo property income rather than buyer’s personal income.

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