2718 Dago LnNew IberiaLA70560
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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 2718 Dago Ln, New Iberia, LA, 70560 priced at $900,500 pairs $1,385/mo rent with after a $4,408/mo payment. Total monthly income equals $1,385/mo. Return on cash invested is 3.08% in year one, and rental yield stands at 1.85% on a $900,500 basis. Equity gained on principal adds $5,811/yr, and 5% annual appreciation accumulates to $248,792 by year five. Five-year ROI measures 12.56% and total cumulative return in cash reaches $37,225. For financing, Ziffy Mortgage’s DSCR program evaluates $1,385/mo property income against a $4,408/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
7.48 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 |
Housing Distribution
Address Breakdown
Residential
15,772
Single Family
14,565
Multi-Family
1,207
Businesses
1,546
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Listed by: David Wenger • EXP Realty, LLC
Mls Name: RAA
Mls ID: #24011470