Off MarketNeutral Deal12 days on market
1519 Mullins Rd
1519 Mullins Rd, New Iberia, LA 70563, New Iberia, LA 70563
$460,000
Listing Price
1519 Mullins Rd, New Iberia, LA 70563
Loc: New Iberia, LA
Days Listed
12
Tax Assessed
$307k
Lot Size
3.00 acres
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
0.8 mi away
6
Belle Place Middle School
7-8
0.8 mi away
7
New Iberia Senior High School
9-12
3.1 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
Victorian-inspiredwrap-around porchdormer windowsturrettwo-storybrick foundationasphalt shinglesspacious lawncircular drivewaycountry estateinvitingsymmetrical facadegabled roofwood siding
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.43%
Total ROI
98.5%
Cash Flow
$76/mo
DSCR
1.03
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $76/mo net cash flow with a 6.4% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.4%)
- • Strong rental demand in New Iberia
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 |
|---|---|---|---|
| 2024-08-09 | Listing removed | $470,000 | $173 |
| 2024-08-08 | Listed for sale | $470,000 | $173 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,891.78 | $30,675 |
| 2024 | $1,861.64 | $30,675 |
| 2023 | $1,853.21 | $29,944 |
| 2022 | $1,825.15 | $29,944 |
| 2021 | $1,825.38 | $29,944 |
| 2020 | $1,814.15 | $29,944 |
| 2019 | $1,762.81 | $30,022 |
| 2017 | $1,814.15 | $30,022 |
| 2016 | $1,714.14 | $30,022 |
| 2014 | $2,160.01 | $28,731 |
| 2010 | $1,958.84 | $25,993 |
| 2006 | $1,272.31 | $22,650 |
| 2003 | $12.52 | $7,650 |
| 2002 | $12.54 | $7,650 |
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