OFF_MARKETNeutral Deal243 days on market

308 Oak St

308 Oak St, New Iberia, LA 70563, New Iberia, LA 70563
$209,900
Zestimate®:$208,000

Listing Price

Property image 1
308 Oak St, New Iberia, LA 70563
Loc: New Iberia, LA
Days Listed
243
Tax Assessed
$103k
Zestimate®
$208k
Market Rate
Lot Size
9,148 sqft
Rent Estimate
$1,598/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

North Lewis Elementary School

PK-6
1 mi away
6

Belle Place Middle School

7-8
3.3 mi away
7

New Iberia Senior High School

9-12
1.8 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
5.98%
Total ROI
19.5%
Cash Flow
$-16/mo
DSCR
0.98
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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
2026-06-25Sold$0
2026-05-27Pending sale$209,900$135
2026-04-13Price change$209,900$135
2025-08-16Listed for sale$225,000$145
1991-01-01Sold$0

Tax History

YearProperty TaxTax Assessment
2025$693.1$10,314
2024$679.68$10,314
2023$680.46$10,014
2022$668.24$10,014
2021$668.62$10,014
2020$724.18$10,846
2019$506.6$7,916
2017$724.18$10,986
2016$702.42$10,986
2014$787.61$9,187
2010$684.47$8,008
2006$226.15$8,008
2003$0$3,100
2002$0$3,100
2001$217.09$3,100
2000$222.77$3,100
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,550
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: $209,900Rent Basis: Observed Comp Model ($1,598/mo)State Tax Benchmark: 0.55% (LA)Hazard Reserve: $150/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.91%

NOI: $12,398/yr

Cash-on-Cash Yield
-1.4%

On $48,277 invested

DSCR Ratio
0.95x

Negative debt coverage

5-Yr Leveraged ROI
+87.2%

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)-$47/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$80/mo
Repairs & Maintenance (10% of rent)-$160/mo
Property Management (8% of rent)-$128/mo
Total Pure Operating Expenses-$565/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,598/mo
Less: Operating Expenses-$565/mo
Net Operating Income (NOI)+$1,033/mo
Less: Debt Service (30yr @ 6.75%)-$1,089/mo
Net Cash Flow
$-56/mo
$-671/year
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