111 Maple StNew IberiaLA70560
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 New Iberia at 111 Maple St, New Iberia, LA, 70560 offers a 9.05% rental yield on a $115,000 purchase with $867/mo rent. Total monthly income registers $867/mo, and a $563/mo payment leaves $155/mo available for distribution. Annual cash flow reaches $1,854/yr on $38,123 to close, and return on cash invested stands at 24.77% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 128.99% and total cumulative return in cash at $49,173. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $867/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
9,827 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70560, New Iberia, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,352 (100%) |
| Owner Occupied HU | 9,701 (52.9%) |
| Renter Occupied HU | 5,828 (31.8%) |
| Vacant Housing Units | 2,823 (15.4%) |
| Median Home Value | $158,532 |
| Average Home Value | $183,447 |
Housing Distribution
Address Breakdown
Residential
15,772
Single Family
14,565
Multi-Family
1,207
Businesses
1,546
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kloe Viator • EXP Realty, LLC
Mls Name: RAA
Mls ID: #2500003987