906 Troy Rd, New Iberia, LA, 70563 | $626/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 906 Troy Rd, New Iberia, LA, 70563 generates $1,670/mo in rent and, after a $825/mo payment, leaves $626/mo in cash flow. Total monthly income is $1,670/mo, and annual cash flow is $7,511/yr on $55,858 invested. Return on cash invested sits at 33.36% in year one, and rental yield is 11.89% on a $168,500 entry. Equity gained on principal adds $1,087/yr, while 5% annual appreciation builds toward $46,553 over five years. Five-year ROI reaches 174.95% and total cumulative return in cash sums $97,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,670/mo property income rather than buyer’s personal income.

Manufactured

Built in N/A

0.60 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