237 Woodland 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
Rental property for sale in New Iberia at 237 Woodland Cir, New Iberia, LA, 70563 priced at $159,900 pairs $1,486/mo rent with $495/mo cash flow after a $783/mo payment. Total monthly income equals $1,486/mo, and annual cash flow comes to $5,942/yr on $53,007 invested. Return on cash invested is 31.12% in year one, and rental yield stands at 11.15% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. Five-year ROI measures 163.05% and total cumulative return in cash reaches $86,430. For financing, Ziffy Mortgage’s DSCR program evaluates $1,486/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1983
2,613 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: Sandy Simar Angers • Real Broker, LLC
Mls Name: RAA
Mls ID: #2500001820