638 Featherston Rd, Homer, LA, 71040 | 4.48% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Homer at 638 Featherston Rd, Homer, LA, 71040 offers a 4.48% rental yield on a $369,900 purchase with $1,381/mo rent. Equity gained on principal adds $2,387/yr while 5% annual appreciation supports $102,197 over five years. Portfolio math shows five-year ROI at 55.12% and total cumulative return in cash at $67,594. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,381/mo property income against a $1,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2004

0.64 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71040, Homer, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,794 (100%)
Owner Occupied HU	2,144 (56.5%)
Renter Occupied HU	768 (20.2%)
Vacant Housing Units	882 (23.2%)
Median Home Value	$90,294
Average Home Value	$138,080