For SaleRisky Deal0 days on market
703 Evergreen Dr
703 Evergreen Dr, New Iberia, LA 70563, New Iberia, LA 70563
$386,000
Estimate®:$378,000
Listing Price
703 Evergreen Dr, New Iberia, LA 70563
Loc: New Iberia, LA
Days Listed
0
Tax Assessed
$284k
Estimate®
$378k
Market Rate
Lot Size
0.39 acres
Rent Estimate
$1,756/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
1.6 mi away
6
Belle Place Middle School
7-8
1.6 mi away
7
New Iberia Senior High School
9-12
2.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-stylesingle-storystucco-exteriorcovered-entrywayattached-garagebrick-paver-drivewaylandscaped-front-yardhibiscus-bushdecorative-fountainwooden-privacy-screengabled-rooflinesuburban-homeinviting-entrance
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.20%
Total ROI
28.4%
Cash Flow
$-974/mo
DSCR
0.51
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-974/mo net cash flow with a 3.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in New Iberia, LA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $386,000 | $142 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,407.7 | $28,448 |
| 2024 | $1,380.46 | $28,448 |
| 2023 | $1,423.41 | $28,448 |
| 2022 | $1,397.86 | $28,448 |
| 2021 | $904.61 | $17,298 |
| 2020 | $904.61 | $17,298 |
| 2019 | $867.07 | $17,298 |
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