1210 Barnes RdHomerLA71003
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
Investment Highlights
Investment property for sale in Homer at 1210 Barnes Rd, Homer, LA, 71003 earns from $966/mo rent with a $1,223/mo payment. Total monthly income totals $966/mo. ROI tracks 11.48% on current figures, and rental yield reads 4.64% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 57.71% and total cumulative return in cash sums $47,810. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $966/mo property income instead of your personal income.
Manufactured
Built in 2006
30 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Hammons • RE/MAX UNITED
Mls Name: NTREIS
Mls ID: #20944026
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.