Subject-To
Take Over Existing Mortgage — Single Family in De Ridder, LA
807 S Pine St, De Ridder, LA · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units2
Beds / baths7 / 4
Living area2,571 sqft
Lot0.21 acres
Year built2009
About this deal
Take over the seller's existing mortgage on this single-family home in De Ridder, LA. 3 beds, 2.0 baths, 1,936 sq ft, built 1936. No new loan required — ideal for investors experienced with subject-to acquisitions.
The numbers
- Cap rate
- 9.4%
- Net operating income
- $23,628/yr
- Cash flow
- +$1,969/mo
- Occupancy
- 1 of 2 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.