290 Harmony TrlDeridderLA70634
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
Investment Highlights
Rental property for sale in Deridder at 290 Harmony Trl, Deridder, LA, 70634 priced at $349,900 converts $2,830/mo rent into $662/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,830/mo, and annual cash flow totals $7,946/yr on $115,992 invested. Return on cash invested prints 26.76% in year one, and rental yield reads 9.71% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 139.62% and total cumulative return in cash sums $161,946. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,830/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 2014
3.41 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