401 East Dr, New Iberia, LA, 70563 | $569/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 401 East Dr, New Iberia, LA, 70563 offers a 11.28% rental yield on a $177,500 purchase with $1,669/mo rent. Total monthly income registers $1,669/mo, and a $869/mo payment leaves $569/mo available for distribution. Annual cash flow reaches $6,831/yr on $58,841 to close, and return on cash invested stands at 31.52% in year one. Equity gained on principal adds $1,145/yr while 5% annual appreciation supports $49,040 over five years. Portfolio math shows five-year ROI at 165.15% and total cumulative return in cash at $97,176. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,669/mo property income against a $869/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2004

0.28 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