Justin Plan, Coteau RidgeNew 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 Justin Plan, Coteau Ridge, New Iberia, LA, 70560 earns $160/mo cash flow from $1,712/mo rent with a $1,226/mo payment. Total monthly income totals $1,712/mo, and annual cash flow totals $1,924/yr on $83,041 capital. ROI tracks 22.23% on current figures, and rental yield reads 8.2% at a $250,500 purchase. Equity gained on principal adds $1,616/yr, and 5% annual appreciation supports $69,209 over five years. Five-year ROI reaches 115.32% and total cumulative return in cash sums $95,759. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,712/mo property income instead of your personal income.
Single Family
Built in 2025
N/A 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: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A