27 Oak PlNew 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 27 Oak Pl, New Iberia, LA, 70563 at $599,000 posts ROI 11.67% with from $2,353/mo rent. Total monthly income equals $2,353/mo. Return on cash invested measures 11.67% and rental yield reads 4.71% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 58.67% and total cumulative return in cash totals $115,618. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,353/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
0.99 Acres lot
$N/A/sqft
$150 annually 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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Nearby investment properties with comparable prices
Listed by: Cindy B Herring • Cindy Herring Real Estate
Mls Name: RAA
Mls Provider:
Mls ID: #2020022039
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2025-03-28 12:12:20 PDT