OFF_MARKETNeutral Deal6 days on market

702 Terrell Ct

702 Terrell Ct, New Iberia, LA 70563, New Iberia, LA 70563
$375,000
Zestimate®:$360,000

Listing Price

Property image 1
702 Terrell Ct, New Iberia, LA 70563
Loc: New Iberia, LA
Days Listed
6
Tax Assessed
$292k
Zestimate®
$360k
Market Rate
Lot Size
0.39 acres
Rent Estimate
$1,876/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

6

Belle Place Elementary School

PK-6
1.8 mi away
6

Belle Place Middle School

7-8
1.7 mi away
7

New Iberia Senior High School

9-12
2.5 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
5.07%
Total ROI
15.0%
Cash Flow
$-312/mo
DSCR
0.84
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-24Sold$0
2026-07-31Pending sale$365,000$174
2026-06-19Price change$365,000$174
2026-05-28Listed for sale$375,000$179
2026-04-19Pending sale$375,000$179
2026-04-10Listed for sale$375,000$179
2009-06-17Sold$0

Tax History

YearProperty TaxTax Assessment
2025$1,458.28$29,201
2024$1,430.08$29,201
2023$1,474.59$29,201
2022$1,448.11$29,201
2021$1,448.98$29,201
2020$1,448.98$29,201
2019$1,583.36$32,240
2017$1,448.98$32,240
2016$1,581.87$32,240
2014$2,440.07$28,462
2010$2,413.41$28,237
2006$1,692.77$23,500
2003$680.35$17,200
2002$679.3$17,200
2001$1,204.53$17,200
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
2,097
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $375,000Rent Basis: Observed Comp Model ($1,876/mo)State Tax Benchmark: 0.55% (LA)Hazard Reserve: $188/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.59%

NOI: $13,472/yr

Cash-on-Cash Yield
-11.5%

On $86,250 invested

DSCR Ratio
0.58x

Negative debt coverage

5-Yr Leveraged ROI
+36.9%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.55% of basis)-$134/mo
Homeowner / Hazard Insurance-$188/mo
Vacancy Reserve (5% of rent)-$94/mo
Repairs & Maintenance (10% of rent)-$188/mo
Property Management (8% of rent)-$150/mo
Total Pure Operating Expenses-$753/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,876/mo
Less: Operating Expenses-$753/mo
Net Operating Income (NOI)+$1,123/mo
Less: Debt Service (30yr @ 6.75%)-$1,946/mo
Net Cash Flow
$-823/mo
$-9,877/year
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