1603 Penrose Rdg, New Iberia, LA, 70560 | $323/mo Cash Flow

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 New Iberia at 1603 Penrose Rdg, New Iberia, LA, 70560 earns $323/mo cash flow from $2,318/mo rent with a $1,576/mo payment. Total monthly income totals $2,318/mo, and annual cash flow totals $3,881/yr on $106,743 capital. ROI tracks 23.54% on current figures, and rental yield reads 8.64% at a $322,000 purchase. Equity gained on principal adds $2,078/yr, and 5% annual appreciation supports $88,963 over five years. Five-year ROI reaches 122.36% and total cumulative return in cash sums $130,615. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,318/mo property income instead of your personal income.

Single Family

Built in N/A

0.36 Acres 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