309 Azalea Dr, New Iberia, LA, 70563 | $231/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

Investment property for sale in New Iberia at 309 Azalea Dr, New Iberia, LA, 70563 with 5% annual appreciation on a $170,000 basis while $1,284/mo rent supports operations. Total monthly income totals $1,284/mo and a $832/mo payment preserves $231/mo for cash returns. Annual cash flow comes to $2,772/yr on $56,355 deployed, and return on cash invested reaches 24.83% in year one. Equity gained on principal adds $1,097/yr, and five-year appreciation sums $46,968 alongside rental yield of 9.06%. Five-year ROI measures 129.2% and total cumulative return in cash totals $72,813.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,284/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in N/A

9,583 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