313 Crossbow Dr, New Iberia, LA, 70563 | $50/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 313 Crossbow Dr, New Iberia, LA, 70563 offers $2,094/mo rent that, after a $1,615/mo payment, leaves $50/mo cash flow. Total monthly income is $2,094/mo, and annual cash flow is $600/yr on $109,395 cash. Return on cash invested measures 20.46% in year one, and rental yield stands at 7.61% at a $330,000 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,173 by year five. Five-year ROI records 105.78% and total cumulative return in cash reaches $115,715. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,094/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

0.66 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