635 Jay Miller RdDeridderLA70637
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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
Rental property for sale in Deridder at 635 Jay Miller Rd, Deridder, LA, 70637 offers $1,146/mo rent that, after a $1,023/mo payment. Total monthly income is $1,146/mo. Return on cash invested measures 17.33% in year one, and rental yield stands at 6.58% at a $209,000 entry. Equity gained on principal adds $1,349/yr while 5% annual appreciation compounds into $57,743 by year five. Five-year ROI records 89.1% and total cumulative return in cash reaches $61,730. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,146/mo property income versus a $1,023/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70637, Dry Creek, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 421 (100%) |
| Owner Occupied HU | 265 (62.9%) |
| Renter Occupied HU | 33 ( 7.8%) |
| Vacant Housing Units | 123 (29.2%) |
| Median Home Value | $142,361 |
| Average Home Value | $192,208 |
Housing Distribution
Address Breakdown
Residential
241
Single Family
241
Multi-Family
0
Businesses
13
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