CashFlowRE
Sign in Sign up
211/213 W 9th St
B- Composite 65.65
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +25.2/30.0
  • ARV discount +15.0/15.0
  • DSCR +8.3/10.0
  • 1% rule +5.5/10.0
  • Livability +3.6/5.0
  • Schools +3.0/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$109,000

211/213 W 9th St · DeRidder, LA 70634
3 bd · 1.0 ba · 1,279 sqft · SingleFamily public records · 196 Days on market
Built 1975 0.52 ac lot $85/sqft · 36% below area Est $132k · 18% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

211 W 9th St & 213 W 9th St, DeRidder, LA - Investment OpportunityThese two adjacent properties present an excellent opportunity for real estate investors in the heart of DeRidder. Located on West 9th Street, both sites offer strong potential for rental income or future development. Their proximity to local amenities, schools, and major thoroughfares makes them highly desirable for tenants and long-term growth. 211 W 9th St. is a 3 bed 1 bath that is a versatile property with solid structural potential, ideal for renovation or conversion into a profitable rental unit. 213 W 9th St. is a 2 bed 1 bath that is positioned next door, this property complements 211 W 9th St, creating the option for multi-unit investment or combined use for increased returns.

Key facts

  • Proximity to schools
  • Ideal for renovation
  • 0.52 acre lot

Tags

INVESTMENT OPPORTUNITYPROXIMITY TO LOCAL AMENITIESPROXIMITY TO SCHOOLSSOLID STRUCTURAL POTENTIALIDEAL FOR RENOVATIONMULTI-UNIT INVESTMENT

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $109k.

Deal economics

  • At list price, monthly cash flow is $245 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $109k).
  • Recommended offer: $96k (12.0% below list) — sets the bar for market timing.
  • Cap rate 9.0% vs local median 4.8% in DeRidder — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 72/100 on livability (#43 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F, employment D-.
  • Beauregard Parish (rural): math 30% / reading 41% proficiency, ranked #32 of 98 in LA (top 33%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 241 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 83 units permitted in Beauregard Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $754 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.

Negotiation context

  • It's been on market 196 days — a 12% lower offer ($96k) is reasonable based on typical stale-listing flexibility.
  • Current owner paid $5k; list at $109k implies a 2119% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $95,920 (12.0% below list)

Questions for the listing agent

  1. It's been on market 196 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.05%
Cap rate
8.99%
Cash-on-cash
9.64%
DSCR
1.43
GRM
7.9

CMA / ARV

ARV (median comp)
$132,259
List price
$109,000
Delta
-17.59%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
707 Bon Ami St 0.26mi 3/2.0 1,346 (+5%) 10mo $144,000 $107 67
348 Lawlis Rd 0.29mi 2/1.0 (-1) 1,090 (-15%) 2mo $32,000 $29 55
605 S Royal St 0.34mi 2/1.0 (-1) 1,120 (-12%) 4mo $108,000 $96 55
501 Stacey Ln 0.54mi 3/2.0 1,200 (-6%) 7mo $169,000 $141 55
412 S Royal St 0.43mi 2/2.0 (-1) 1,359 (+6%) 21mo $55,000 $40 43
118 S Division St 0.61mi 2/2.0 (-1) 1,410 (+10%) 11mo $167,000 $118 36
412 Allen St 0.56mi 3/2.0 1,093 (-14%) 14mo $127,500 $117 34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
-1.8%
Equity multiple
0.93×
Total profit
$-2,083
Equity at exit
$16,252
10-year hold
IRR
7.8%
Equity multiple
1.59×
Total profit
$18,133
Equity at exit
$9,424

Cash invested: $30,520 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State Louisiana
90 Strongly Landlord-Friendly · R+12
County
— inherits STATE
City
— inherits STATE
5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

ZIP-level market 70634

Home prices YoY
-30.6%
Active inventory
241
Price-to-rent
7.9×

Monthly cashflow live

Estimated rent
$1,143 medium interval (Pro) →
Mortgage (P&I)
$572
Tax from tax record
$41 /mo · $493/yr
Insurance
$45
HOA
$0
Vacancy / Maint / Mgmt
$240
Net cashflow
$245

Break-even live

Break-even rent $833
Max offer price $109,000
Occupancy floor 74%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$27,250
Closing costs
$3,270
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1014 W 9th St Deridder, LA 3.0 2.0 1224 $1,200 $0.98 43d 1 0.56mi
124 Azalea Ave Deridder, LA 3.0 2.0 1440 $1,000 $0.69 13d 1 1.31mi

Listing history 20 events

  1. 2026-06-19
    days on market $109,000 Active 196 DOM
  2. 2026-06-18
    days on market $109,000 Active 195 DOM
  3. 2026-06-17
    days on market $109,000 Active 194 DOM
  4. 2026-06-16
    days on market $109,000 Active 193 DOM
  5. 2026-06-15
    days on market $109,000 Active 192 DOM
  6. 2026-06-14
    days on market $109,000 Active 190 DOM
  7. 2026-06-13
    days on market $109,000 Active 189 DOM
  8. 2026-06-10
    days on market $109,000 Active 187 DOM
  9. 2026-06-09
    days on market $109,000 Active 186 DOM
  10. 2026-06-08
    days on market $109,000 Active 185 DOM
  11. 2026-06-07
    days on market $109,000 Active 184 DOM
  12. 2026-06-03
    days on market $109,000 Active 180 DOM
  13. 2026-06-02
    days on market $109,000 Active 179 DOM
  14. 2026-06-01
    days on market $109,000 Active 178 DOM
  15. 2026-05-31
    days on market $109,000 Active 177 DOM
  16. 2026-05-30
    pricedays on market $109,000 Active 176 DOM
  17. 2025-12-05
    listed $115,000 Active 767-char remark
    Show marketing remark (767 chars)

    211 W 9th St & 213 W 9th St, DeRidder, LA - Investment OpportunityThese two adjacent properties present an excellent opportunity for real estate investors in the heart of DeRidder. Located on West 9th Street, both sites offer strong potential for rental income or future development. Their proximity to local amenities, schools, and major thoroughfares makes them highly desirable for tenants and long-term growth. 211 W 9th St. is a 3 bed 1 bath that is a versatile property with solid structural potential, ideal for renovation or conversion into a profitable rental unit. 213 W 9th St. is a 2 bed 1 bath that is positioned next door, this property complements 211 W 9th St, creating the option for multi-unit investment or combined use for increased returns.

  18. 2021-05-03
    soldstatus $4,912
  19. 2009-01-05
    soldstatus $54,000
  20. 2009-01-01
    soldstatus 403-char remark
    Show marketing remark (403 chars)

    $5000.00 INCENTIVE FOR BUYER !!!RESIDENTIAL OR COMMERCIAL property available with home in good location. This 3 bedroom, 1 bathroom is a 'house flippers' dream & is sold 'as is'. The house is in good condition with modern colors, real wood floors and appliances. VERY MOTIVATED SELLERS!!! BRING ALL OFFERS!!! Call MONYA GOTT @ 337 348-9756 or 338 463-2121 ask for MONYA GOTT for your tour, today!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast LA · Resets to sale price

Current annual tax
$493 · $41/mo
Projected year-2 tax
$600 · $50/mo
Expected delta
+$107/yr (+$9/mo · 21.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$13,722
− Mortgage interest
−$6,106
− Property taxes
−$493
− Insurance
−$545
− Repairs & maintenance
−$1,098
− Management
−$1,098
− Depreciation
−$3,171
Taxable income
$1,212
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$291
After-tax cash flow
$2,652/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Beauregard Parish
NCES district ID
2200180
Math proficiency
30% ▼ -40.00%
Reading proficiency
41% ▼ -35.00%
Median HH income
$46,033
Composite
30.34/100
National rank
#6265
State rank
#32 of 98 in LA

Livability — DeRidder

Score
72/100
State rank
#43
US rank
#6227

Category grades

Amenities F Commute F Cost of living A+ Crime C+ Employment D- Housing A+ Health & safety A+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
DeRidder, LA
Population (ZIP)
25,038

Population outlook (Beauregard County) Hauer SSP2

Today (2025)
37,760 people
By 2030
38,140 · +1.0%
By 2040
38,518 · +2.0%
By 2050
38,164 · +1.1%
By 2075
36,437 · -3.5%
By 2100
32,493 · -13.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (72%)
Race & ethnicity
White 72% Black 14% Two or more races 9% Hispanic / Latino 5% Asian 1%
Hispanic origin (detail)
Mexican 3% Puerto Rican 1%
Common ancestry
Lithuanian 6% Slovak 1% Italian 1%
Foreign-born
2% · Canada
Languages at home
96% English-only · Spanish 2% French/Haitian/Cajun 1%

Political lean MEDSL · Beauregard

2024 margin
Solid R (+71.3) · D 13.8% · R 85.1% · Other 1.1%
2008→2024 swing
-16.9pp toward R · 2008: -54.3pp · 2024: -71.3pp
All cycles
2024: R+71.3 2020: R+67.5 2016: R+65.3 2012: R+58.2 2008: R+54.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -57.61%
Current HPI
130.4445
Rent YoY
Metro
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

+113.0% since first listed
4 events — show timeline
  • 2025-12-05 Listed $115,000 GFPAR
  • 2021-05-03 Sold (Public Records) $4,912 Public Records
  • 2009-01-05 Sold (Public Records) $54,000 Public Records
  • 2009-01-01 Sold (MLS) GFPAR

Property tax history

-0.9%/yr

Latest (2025): $493 · +0.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…