Under $300K Investment Properties for Sale in New Iberia, LA

Property at Grace Plan, Ravenwood, New Iberia, LA
Listed for sale 1 day ago
$ 226,500
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign149
  • 4 Bed
  • 2 Bath
  • 1745 sft
Grace Plan, Ravenwood, New Iberia, LA, 70560
Property at 204 Wilree Dr, New iberia, LA
$ 149,900
ROI
26.5ROI percentage
Cash Flow/m
Dollar sign281
  • 3 Bed
  • 3 Bath
  • 1960 sft
204 Wilree Dr, New iberia, LA, 70560
Property at 612 Ashton St, New Iberia, LA
Listed for sale 2 days ago
$ 128,000
ROI
26.1ROI percentage
Cash Flow/m
Dollar sign225
  • 2 Bed
  • 1 Bath
  • 719 sft
612 Ashton St, New Iberia, LA, 70563
Property at 4513 Hazard Rd, New iberia, LA
$ 121,900
ROI
33.2ROI percentage
Cash Flow/m
Dollar sign454
  • 3 Bed
  • 2 Bath
  • 1830 sft
4513 Hazard Rd, New iberia, LA, 70560

Why Invest in New Iberia, Louisiana?

Investing in New Iberia, LA under $300k presents promising opportunities for real estate investors seeking affordable entry points. This market shows an average ROI of 8%, driven by steady rental yields around 7% and a cap rate of 6.5%, reflecting healthy demand. Cash flow averages $200 monthly, supported by average rents near $950, while appreciation stays modest at 3%. Renter occupancy remains strong at 68%, making it a stable option for income-focused portfolios.

8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$200/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average ROI is approximately 8% for properties under $300k in New Iberia, fueled by solid rental demand and cap rates near 6.5%. This makes it a favorable market for income-oriented investors.

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