227 Pollard AveNew IberiaLA70563
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 227 Pollard Ave, New Iberia, LA, 70563 listed at $219,500 pairs $1,459/mo rent with a $1,074/mo payment to leave $100/mo cash flow. Total monthly income runs $1,459/mo, and annual cash flow reaches $1,196/yr on $72,764 cash to close. Return on cash invested measures 21.55% in year one, and rental yield registers 7.98% at a $219,500 basis. Equity gained on principal adds $1,416/yr, and annual property appreciation at 5% supports $60,644 by year five. Five-year ROI tracks 111.68% and total cumulative return in cash totals $81,262. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,459/mo property income relative to a $1,074/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.33 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Will Taylor • The Gleason Group
Mls Name: RAA
Mls ID: #2600000105