302 Willow Wood Dr, New Iberia, LA, 70563 | $100/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New Iberia at 302 Willow Wood Dr, New Iberia, LA, 70563 generates $2,360/mo in rent and, after a $1,786/mo payment, leaves $100/mo in cash flow. Total monthly income is $2,360/mo, and annual cash flow is $1,194/yr on $120,998 invested. Return on cash invested sits at 20.9% in year one, and rental yield is 7.76% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 108.16% and total cumulative return in cash sums $130,867. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,360/mo property income rather than buyer’s personal income.

Single Family

Built in N/A

1.35 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