4006 Stelly RdNew 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
Investment property for sale in New Iberia at 4006 Stelly Rd, New Iberia, LA, 70560 offers a 7.8% rental yield on a $280,000 purchase with $1,820/mo rent. Total monthly income registers $1,820/mo, and a $1,370/mo payment leaves $86/mo available for distribution. Annual cash flow reaches $1,032/yr on $92,820 to close, and return on cash invested stands at 21.02% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 108.8% and total cumulative return in cash at $100,989. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,820/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.44 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: Walter R Campbell • Keller Williams Realty Acadiana
Mls Name: RAA
Mls ID: #2500004588