635 Jay Miller RdDeridderLA70637
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing635 Jay Miller Rd, Deridder, LA, 70637 in Deridder is a stable, well-positioned rental at $209,000. Rental yield 6.42%. DSCR 1.19 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $57,743 in value and $1,925/yr in principal paydown builds equity, a total projected return of $67,922.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 9.5% |
| Monthly Cash Flow | $(176) | $350 |
City averages based on Deridder market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,118 |
| Total Monthly Debt Service | $1,211 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices