2005 Windmill CirNew IberiaLA70563
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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
Investment Highlights
Investment property for sale in New Iberia at 2005 Windmill Cir, New Iberia, LA, 70563 listed at $169,000 pairs $1,324/mo rent with a $827/mo payment to leave $277/mo cash flow. Total monthly income runs $1,324/mo, and annual cash flow reaches $3,328/yr on $56,024 cash to close. Return on cash invested measures 25.85% in year one, and rental yield registers 9.4% at a $169,000 basis. Equity gained on principal adds $1,091/yr, and annual property appreciation at 5% supports $46,692 by year five. Five-year ROI tracks 134.74% and total cumulative return in cash totals $75,487. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,324/mo property income relative to a $827/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70563, New Iberia, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,234 (100%) |
| Owner Occupied HU | 6,189 (75.2%) |
| Renter Occupied HU | 1,282 (15.6%) |
| Vacant Housing Units | 763 ( 9.3%) |
| Median Home Value | $206,170 |
| Average Home Value | $247,525 |
Housing Distribution
Address Breakdown
Residential
7,767
Single Family
7,551
Multi-Family
216
Businesses
253
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Listed by: Mitchell Pellerin • Keller Williams Realty Acadiana
Mls Name: RAA
Mls ID: #2500003448