602 Bilbo St, Deridder, LA, 70634 | $359/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

Investment property for sale in Deridder at 602 Bilbo St, Deridder, LA, 70634 with 5% annual appreciation on a $240,000 basis while $1,846/mo rent supports operations. Total monthly income totals $1,846/mo and a $1,175/mo payment preserves $359/mo for cash returns. Annual cash flow comes to $4,308/yr on $79,560 deployed, and return on cash invested reaches 25.32% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,308 alongside rental yield of 9.23%. Five-year ROI measures 131.87% and total cumulative return in cash totals $104,918.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,846/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1965

0.33 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