716 Interlaken Dr, New Iberia, LA, 70563 | $1,761/mo Cash Flow

Pending

Fix & Flip

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 716 Interlaken Dr, New Iberia, LA, 70563 offers a 18% rental yield on a $200,000 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $979/mo payment leaves $1,761/mo available for distribution. Annual cash flow reaches $21,132/yr on $66,300 to close, and return on cash invested stands at 51.78% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 273.77% and total cumulative return in cash at $181,508. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1974

1 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